Q144
Indian EconomyExternal Sector & International Organisations
Consider the following statements about Regional Comprehensive Economic Programme (RCEP). 1. It is an economic cooperation for the China led free trade. 2. It is a counter cooperation for the America led trans-Pacific partnership. 3. In the countries involved in this cooperation Indian Professionals will have job market. Select the correct answer using the codes given below:
- a.1 and 2
- b.1 and 3
- c.2 and 3
- d.All of the above
Answer: (D) All of the above
RCEP, though technically ASEAN-centred, was widely seen as a China-anchored trade bloc (statement 1) and often framed geopolitically as a counterweight to the US-backed Trans-Pacific Partnership (statement 2); expanding market access for India's services sector and professionals was also a key argument made in favour of India's participation (statement 3) — all three characterisations were part of the public debate at the time, though India ultimately opted out of RCEP in November 2019.