Thailand wants to increase its trade and economic integration with Cambodia. Which trading alliance will be the most useful in achieving this goal?

Question

Quizplus · Accepted Answer

ASEAN (Association of Southeast Asian Nations) is a trading alliance that promotes economic cooperation and integration among its member countries, which include Thailand and Cambodia. Thus, joining ASEAN would be the most useful in achieving Thailand's goal of increasing trade and economic integration with Cambodia. APEC (Asia-Pacific Economic Cooperation) is another regional trading bloc, but it includes countries beyond Southeast Asia and does not have the same level of integration as ASEAN. WTO (World Trade Organization) and GATT (General Agreement on Tariffs and Trade) are global trading systems, but they do not provide the same level of regional cooperation and integration as ASEAN. MERCOSUR (Southern Common Market) is a South American trading bloc and would not be relevant to Thailand's trade and economic goals in Southeast Asia.

Thailand Wants to Increase Its Trade and Economic Integration with Cambodia