Although founded in 1967, the Association of Southeast Asian Nations (ASEAN) had not been economically active until 1996.

Question

Quizplus · Accepted Answer

This statement is false. ASEAN had been economically active since its formation in 1967, with the aim of promoting economic cooperation among its member states. However, it was in 1996 that ASEAN launched the ASEAN Free Trade Area (AFTA) to reduce trade barriers among its member countries.

Although Founded in 1967, the Association of Southeast Asian Nations