Week 5: The United Kingdom Joining the Trans-Pacific Free Trade Pact

Question 1

Which countries are included in the CPTPP

Answer 1

Japan, Malaysia, Vietnam, Australia, Singapore, Brunei, New Zealand, Canada, Mexico, Peru, and Chile

Question 2

What does the CPTPP do?

Answer 2

Gives signatory countries greater access to one another’s markets and reduced tariffs on trade on the vast majority of items

Question 3

What are the key exports of the UK as of 2022
a. Services
b. Dairy
c. Whisky
d. Cars
e. All of the above

Answer 3

e. All of the above

Question 4

Why does the UK want to join the CPTPP?

Answer 4

To strengthen trading links around the world after Brexit

Question 5

What does the CPTPP stand for?

Answer 5

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

Question 6

What percentage of the world’s income does the CPTPP make up?
a. 10%
b. 5%
c. 14%
d. 23%

Answer 6

c. 14%

Question 7

Which countries have expressed their interest in joining the CPTPP?
a. Uruguay, Malaysia, Taiwan
b. Uruguay, Thailand, Philippines, South Korea
c. France, United States, China
d. None of the above

Answer 7

b. Uruguay, Thailand, Philippines, South Korea