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Problem 18 - Entrance Test

The Indo-Pacific Economic Framework for Prosperity (IPEF) is an initiative launched by which country?

Correct: C

The Indo-Pacific Economic Framework for Prosperity (IPEF) was launched by the United States in May 2022, during President Biden's visit to Tokyo. It aims to strengthen economic engagement among partner countries in the Indo-Pacific region, focusing on four pillars: trade, supply chain resilience, clean economy, and fair economy.