Match List I with List II

List I

Agreement

List II

Description

A. Free Trade Agreement (FTA)

I. A type of FTA where the countries involved give each other preferential treatment in terms of tariffs and access to market.

B. Preferential Trade Agreement

II. A type of FTA that is more comprehensive than CECA and includes a wider range of areas like investment, services, and economic cooperation, as well as the reduction of tariff barriers.

C. Comprehensive Economic Cooperation Agreement (CECA)

III. A type of FTA that goes beyond just the reduction of tariff barriers and also includes cooperation in other areas like investment, services, and economic cooperation.

D. Comprehensive Economic Partnership Agreement (CEPA)

IV. An agreement between countries or regional blocks to reduce or eliminate trade barriers, through mutual negotiations with a view to enhancing trade.

Choose the correct answer from the options given below:

Question

List I Agreement	List II Description
A. Free Trade Agreement (FTA)	I. A type of FTA where the countries involved give each other preferential treatment in terms of tariffs and access to market.
B. Preferential Trade Agreement	II. A type of FTA that is more comprehensive than CECA and includes a wider range of areas like investment, services, and economic cooperation, as well as the reduction of tariff barriers.
C. Comprehensive Economic Cooperation Agreement (CECA)	III. A type of FTA that goes beyond just the reduction of tariff barriers and also includes cooperation in other areas like investment, services, and economic cooperation.
D. Comprehensive Economic Partnership Agreement (CEPA)	IV. An agreement between countries or regional blocks to reduce or eliminate trade barriers, through mutual negotiations with a view to enhancing trade.