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      Question

      Under the India-Australia Economic Cooperation and Trade

      Agreement (ECTA), what percentage of Australian exports to India are currently tariff-free?
      A 75% Correct Answer Incorrect Answer
      B 85% Correct Answer Incorrect Answer
      C 90% Correct Answer Incorrect Answer
      D 96% Correct Answer Incorrect Answer
      E 100% Correct Answer Incorrect Answer

      Solution

      Under the Economic Cooperation and Trade Agreement (ECTA), 85% of Australian exports to India are tariff-free, which will increase to 90% by 2026. On the other hand, 96% of Indian imports to Australia are tariff-free, set to reach 100% by 2026.

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