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    Question

    Under the TEPA agreement, India will reduce tariffs to

    zero on approximately what percentage of EFTA goods?
    A 70–75% Correct Answer Incorrect Answer
    B 80–85% Correct Answer Incorrect Answer
    C 90–95% Correct Answer Incorrect Answer
    D 60–65% Correct Answer Incorrect Answer
    E 50–55% Correct Answer Incorrect Answer

    Solution

    The TEPA framework includes India reducing tariffs to zero on 80–85% of EFTA-origin goods, while gaining duty-free access for 99% of its exports to EFTA countries. However, agricultural and dairy products are excluded to protect domestic farmers.

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