ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ASEAN
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EU
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NAFTA
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None of the above
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Detailed explanation-1: -Association of Southeast Asian Nations or ASEAN is an organisation formed by the governments of Malaysia, Indonesia, the Philippines, Thailand, and Singapore in 1967 to promote economic growth, peace, security, social progress and cultural development in the Southeast Asian region.
Detailed explanation-2: -ASEAN is an international organization that has 10 member countries in Southeast Asia: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
Detailed explanation-3: -The Association of Southeast Asian Nations (ASEAN) is an international organisation founded by Indonesia, Malaysia, Singapore, Thailand and the Philippines. Its objective is to promote economic growth, social progress and cultural development in the Southeast Asian region through multilateral cooperation.
Detailed explanation-4: -ASEAN Trade in Goods Agreement (ATIGA) aims to achieve free flow of goods in the region resulting to less trade barriers and deeper economic linkages among Member States, lower business costs, increased trade, and a larger market and economies of scale for businesses.
Detailed explanation-5: -ASEAN Free Trade Area (AFTA) Council-ASEAN Main Portal.