How many member countries are there in Regional Comprehensive Economic Partnership (RCEP)?

  • A. 19 countries
  • B. 10 countries
  • C. 13 countries
  • D. 15 countries

Correct Answer: D. 15 countries

Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. The 15 member countries account for about 30% of the world’s population (2.2 billion people) and 30% of global GDP ($26.2 trillion), making it the largest trade bloc in history. It is the first free trade agreement among the East Asian countries of China, Japan, and South Korea, three of the four largest economies in Asia.

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