Q90
Which of the following is not true for SAFTA (South Asian Free Trade Area)?
A.
It is a step towards a South Asian customs union and common market.
B.
The agreement came into effect in 2006.
C.
The SAFTA is a trade liberalisation regime.
D.
The SAFTA agreement takes precedence over any other agreement a member country may have with states outside SAFTA.
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
"The SAFTA agreement takes precedence over any other agreement a member country may have with states outside SAFTA" is an incorrect statement.