Consider the following countries:
1. Australia
2. Canada
3. China
4. India
5. Japan
6. USA
Which of the above are among the 'free-trade partners' of ASEAN?
Correct Answer: Option C
Explanation
1. The question asks to identify which of the listed countries are considered 'free-trade partners' of ASEAN.
2. ASEAN has established Free Trade Agreements (FTAs) with several partners, either individually or as groups.
3. Checking the list:
- Australia (#1): Yes, through the ASEAN-Australia-New Zealand FTA (AANZFTA).
- Canada (#2): No, ASEAN and Canada were exploring FTA options around 2018, but did not have a completed agreement.
- China (#3): Yes, through the ASEAN-China FTA (ACFTA).
- India (#4): Yes, through the ASEAN-India FTA (AIFTA).
- Japan (#5): Yes, through the ASEAN-Japan Comprehensive Economic Partnership (AJCEP).
- USA (#6): No, ASEAN and the USA operate under a Trade and Investment Framework Arrangement (TIFA), not a comprehensive FTA.
4. Therefore, the countries from the list that are ASEAN's 'free-trade partners' are Australia (1), China (3), India (4), and Japan (5). This corresponds to option (C).
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