USA-EU Trade and Technology Council; claim to bring technological progress and physical productivity under their control
Question
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?
Options
Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
Statement-I is correct but Statement-II is incorrect
Statement-I is incorrect but Statement-II is correct
Explanation
Statement-I is correct; the US and EU launched the Trade and Technology Council (TTC) to coordinate approaches to key global technology, economic, and trade issues. Statement-II is wildly incorrect; the stated goal of the TTC is mutual cooperation, setting democratic technology standards, and countering non-market economies (like China). They do not claim to bring global progress "under their control."
Answer: (c).
Question details
Year
2023
Paper
GS Paper 1
Question
Q87
Subject
International Relations
Sub-topic
Trade, Treaties & Connectivity
Type
Assertion-Reason
Difficulty
Medium
Nature
Current-affairs-linked
Source hint
US-EU Trade and Technology Council Inaugural Summit 2021-22
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