Mega trade pact delivers

What does the acronym RCEP stand for?

Regional Countries Economic Partnership

Regional Comprehensive Economy Partnership

Regional Comprehensive Economic Partnership

Regional Cooperative Economic Partnership

How much could the RCEP area add to world trade by 2030?

USD500bn

USD200bn

USD50bn

USD209bn

Roughly how much of the world's population lives in the RCEP zone?

50 percent

25 percent

Half

30 percent

What does RCEP do?

It offers a single set of rules for trade across the region

It offers a single set of rules and procedures for accessing preferential tariffs across the region

It offers a single set of rules and procedures for ASEAN companies

It offers a single set of procedures for ASEAN companies to access preferential tariffs across the region

What will RCEP encourage?

Shorter supply chains in the region

Fewer jobs in the region

More investment in the region

Cooperation between 15 nations

What major hiccup did the negotiations face in 2019?

India left the negotiations

The negotiations stalled

The Bali summit was cancelled

China left the negotiations

What was the stated objective of the RCEP?

To produce a modern economic partnership agreement

To produce a modern, comprehensive, high-quality and mutually beneficial economic partnership agreement

To produce a modern, high-quality and mutually beneficial economic partnership agreement

To produce an economic partnership agreement between 15 nations

Which of the following benefits was not expected by Malaysia's Ministry of International Trade and Industry?

Increased transparency

Integration of supply chains in the region

Restricts information sharing to protect competitive advantage

Market access to a third of the world's population

What does New Zealand expect from RCEP?

Annual GDP larger by about 1 percent

Worsening relations with India

A better trading relationship with China

An accelerated GDP growth rate for about 20 years

Which of the following will there not be more room for with RCEP in place?

Mutual recognition of professional qualifications

Tax cooperation and harmonisation

Increased profit shifting

Joint efforts in standards development

Mega trade pact delivers

What does the acronym RCEP stand for?

How much could the RCEP area add to world trade by 2030?

Roughly how much of the world's population lives in the RCEP zone?

What does RCEP do?

What will RCEP encourage?

What major hiccup did the negotiations face in 2019?

What was the stated objective of the RCEP?

Which of the following benefits was not expected by Malaysia's Ministry of International Trade and Industry?

What does New Zealand expect from RCEP?

Which of the following will there not be more room for with RCEP in place?

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