Which of the Following Is One of the Major Events

Which of the following is one of the major events that account for the vigorous economic growth of the ASEAN countries and their transformation from cheap-labor havens to industrialized nations?

A) The ASEAN governments' decision to shift their economies from manufacturing based to commodity based.
B) North Korea's emergence as a major provider of technology and capital necessary to upgrade manufacturing capability.
C) A bilateral trade agreement between the United States and Vietnam leading to the granting of NTR status to Vietnam.
D) Hong Kong becoming a special administrative region (SAR) of the People's Republic of China.
E) The ASEAN governments' commitment to deregulation, liberalization, and privatization of their economies.