ECONOMICS
BARRIERS TO TRADE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
European Union (EU)
|
|
|
Association of Southeast Asian Nations (ASEAN)
|
|
|
North American Free Trade Agreement NAFTA)
|
|
|
None of the above
|
Detailed explanation-1: -ASEAN, in full Association of Southeast Asian Nations, international organization established by the governments of Indonesia, Malaysia, the Philippines, Singapore, and Thailand in 1967 to accelerate economic growth, social progress, and cultural development and to promote peace and security in Southeast Asia.
Detailed explanation-2: -Advanced search. The Association of Southeast Asian Nations, or ASEAN, was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN: Indonesia, Malaysia, Philippines, Singapore and Thailand.
Detailed explanation-3: -Through Free Trade Agreements (FTA) and Closer Economic Partnership (CEP) as well as enhanced participation in global supply networks, ASEAN is both integrating into the global economy as well as enhancing the attractiveness of its internal market for foreign investment.