Week 5:Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

Question 1

Which of the following is not a member of the CPTPP?
* New Zealand
* Peru
* Singapore
* South Korea

Answer 1

South Korea

Question 2

Once the UK joins the CPTPP what % of the global GDP will the CPTPP be worth?
* 20%
* 15%
* 14%
* 10%

Answer 2

15%

Question 3

Under the leadership of President … the USA negotiated joining the Trans-Pacific Partnership but on the first day of …’s Presidency the USA withdrew from the deal
* Barack Obama, Donald Trump
* Donald Trump, Joe Biden
* George W. Bush, Barack Obama
* Barack Obama, Joe Biden

Answer 3

Barack Obama, Donald Trump

Question 4

What is the reason the UK’s deal to join the CPTPP has mixed reviews according to the article?
* Decreased tariffs could harm the domestic companies through cheaper international suppliers
* The CPTPP has little to offer the UK as it already has trade agreements with most of the member countries
* The USA withdrawing from the deal has reduced the public’s trust in the CPTPP
* The UK may be forced to lower standards on food and the environment

Answer 4

The UK may be forced to lower standards on food and the environment

Question 5

Which is not a reason the UK wants to join the CPTPP?
* It will give the UK trade agreements with countries they previously didn’t
* It will help reduce the economic impact of Brexit
* It will boost the GDP by £1.8 billion
* Outlook on economic growth in the current market is bleak

Answer 5

It will give the UK trade agreements with countries they previously didn’t

Question 6

True or false

The CPTPP allows member countries to keep tariffs on certain products of their choice

Answer 6

True

Question 7

What year did the UK apply to the CPTPP?
* 2015
* 2017
* 2021
* 2023

Answer 7

2021

Question 8

In 2022 how much did the UK make in exports to CPTPP countries?
* £40.8 billion
* £55.3 billion
* £60.5 billion
* £70.5 billion

Answer 8

£60.5 billion