European Parliament approved the world's largest free trade agreement between which country and the EU?
Correct answer: C. Japan
- A. India
- B. China
- C. Japan
- D. Canada
Explanation
The agreement was between Japan and the European Union and became the EU-Japan Economic Partnership Agreement. It was described as the world's largest free-trade agreement by the parties at the time.
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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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