Asia-Pacific nations signed world's biggest free-trade agreement on __________?
Correct answer: B. 15th November, 2020
- A. 14th November, 2020
- B. 15th November, 2020
- C. 16th November, 2020
- D. None of these
Explanation
The RCEP agreement was signed on 15 November 2020 during a virtual summit. It became the world’s largest free-trade agreement by the participating economies’ combined size.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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