Question

Under the India-Australia Economic Cooperation and Trade Agreement (ECT

  • A , 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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