Question

Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
What has given rise to the large number of trade agreements between Asia countries?

• A. The need to insulate Asian economies from overexposure to the American economy.
• B. Angry reaction among Asian countries owing to America's protectionist policy.
• C. The aim of empowering the poorer Asian economists and bring them on par with Western economies.
• D. The desire to achieve conditions conducive to global consensus on trade regulations and tariffs.
• E. Widespread panic in Europe and Asia as Asian economies are yet to recover from the recession.

Answer 1

The correct option is A The need to insulate Asian economies from overexposure to the American economy.

'The need to insulate Asian economies from overexposure to the American economy' has given rise to a large number of trade agreements between Asian countries.