Solved

Which of the Following Is True with Regard to the Asia-Pacific

Question 106

Multiple Choice

Which of the following is true with regard to the Asia-Pacific Economic Cooperation (APEC) ?


A) The stated aim of APEC is to increase multilateral cooperation in view of the economic rise of the Pacific nations.
B) The goal of APEC is to reduce import tariffs among the six original members to zero.
C) APEC is the world's largest free trade area.
D) Collectively, the member-states account for about 85 percent of the world's GNP, 75 percent of world trade, and much of the growth in the world economy.
E) APEC currently has 25 member-states, including such economic powerhouses as Germany, India, and Brazil.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents