Which of the following statements is/are correct with reference to the Switzerland and EU?

Which of the following statements is/are correct with reference to the Switzerland and EU?

A. Switzerland is surrounded by EU countries.

B. Switzerland is the EU’s fourth-largest trading partner.

C. Both A & B

D. None of these

Explanation:

Switzerland recently rejected the years of negotiations with the European Union over a proposed overarching agreement that would have upgraded its relations with the bloc – which are currently governed by a patchwork of more than 120 bilateral deals. Switzerland is the EU’s fourth-largest trading partner, and is surrounded by EU countries. Around 14 lakh EU citizens live in Switzerland, which has a total population of about 85 lakh. Some 3.4 lakh travel across the border to work in Swiss industries.