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    Question

    Which of the following statements is/are not true as

    regards to the Indo-Pacific Economic Framework (IPEF)? It is a US-led initiative that aims to strengthen economic partnership among participating countries to enhance resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness in the Indo-Pacific region. The IPEF was launched in 2021 with a dozen initial partners who together represent 40% of the world GDP. The IPEF is a Free Trade Agreement (FTA) that allows members to negotiate the parts they want to. The negotiations will be along four main “pillars”.
    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 3 only Correct Answer Incorrect Answer
    D 1 & 2 Correct Answer Incorrect Answer

    Solution

    The IPEF is not a Free Trade Agreement (FTA) but allows members to negotiate the parts they want to. The negotiations will be along four main “pillars”.

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