UPSC 2016Current AffairsModerate

With reference to the 'Trans-Pacific Partnership', consider the following statements : 1. It is an agreement among all the Pacific Rim countries except China and Russia. 2. It is a strategic alliance for the purpose of maritime security only. Which of the statements given above is/are correct?

A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct Answer

Explanation

Option (d) is correct because the Trans-Pacific Partnership (TPP) was primarily a comprehensive free trade agreement focusing on economic integration rather than a maritime security alliance, and its membership did not include all Pacific Rim nations (excluding countries like South Korea, Colombia, and Indonesia). Statement 1 is the most tempting wrong option because while it correctly identifies the exclusion of China and Russia, the use of the extreme word "all" makes the statement factually inaccurate. The core concept being tested is the specific scope, objective, and membership composition of major multilateral trade blocs.

International Trade AgreementsTrans-Pacific Partnership (TPP)Trans-Pacific PartnershipTPPPacific Rim countriesChinaRussiastrategic alliancemaritime securitytrade agreement

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