Asked by Jakayla Richburg on Jul 16, 2024
Verified
The Asia-Pacific Economic Cooperation (APEC) provides for Asia-Pacific economies to strengthen regional links and:
A) deepen economic relationships with China.
B) pursue common trade and economic goals.
C) contribute to Australia's security.
D) All of the options listed
E) None of the options listed
Asia-Pacific Economic Cooperation
A forum for 21 Pacific Rim countries that promotes free trade throughout the Asia-Pacific region.
Regional Links
Connections or relationships between entities, businesses, or governments within a specific geographical area for mutual benefit.
Economic Relationships
Connections between entities (such as individuals, companies, or countries) that are based on financial transactions and the exchange of goods and services.
- Acquire knowledge about the role of international agreements and regional economic communities in shaping global trade processes.
- Discern the impact of cardinal economic compacts such as NAFTA, the European Union, and APEC in facilitating commerce on a global scale.
Verified Answer
BA
Berenize AlonsoJul 19, 2024
Final Answer :
B
Explanation :
APEC's primary goal is to foster economic growth and prosperity in the Asia-Pacific region by pursuing common trade and economic goals among its member economies.
Learning Objectives
- Acquire knowledge about the role of international agreements and regional economic communities in shaping global trade processes.
- Discern the impact of cardinal economic compacts such as NAFTA, the European Union, and APEC in facilitating commerce on a global scale.