Prelims 2023 · International Relations and Organisations · Question 67
Consider the following statements: Statement-I: Recently, the United States of America (USA) and the European Union (EU) have launched the 'Trade and Technology Council'. Statement-II: The USA and the EU claim that through this they are trying to bring technological progress and physical productivity under their control. Which one of the following is correct in respect of the above statements?
Answer
Statement-I is correct but Statement-II is incorrect
Statement-I: Correct. The USA and the EU launched the Trade and Technology Council (TTC) in 2021 to coordinate on trade, technology, supply chains, standards, and related strategic issues.
Verdict: Correct.
Statement-II: Incorrect. The stated aim was not to bring technological progress and physical productivity "under their control"; rather, it was to deepen cooperation on technology standards, secure supply chains, digital governance, and emerging technologies.
Verdict: Incorrect.
Option check: Since Statement-I is correct but Statement-II is incorrect, the correct answer is (c).