wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Country H wants to trade freely with some of the countries in the Asia-Pacific region.
This can be done by becoming a member of an international organistion. However, the organisation wants Country H to sign an agreement with its member countries.

Suggest:
(a) the international organisation Country H should join
(b) the type of agreement Country H should sign

A
(a) Asia-Pacific Economic Cooperation
(b) Bilateral trade agreement
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
(a) Asia-Pacific Economic Cooperation
(b) Multilateral trade agreement
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
(a) South Asia-Pacific Economic Cooperation
(b) Bilateral trade agreement
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
(a) South Asia-Pacific Economic Cooperation
(b) Multilateral trade agreement
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B (a) Asia-Pacific Economic Cooperation
(b) Multilateral trade agreement
The Asia-Pacific Economic Cooperation or APEC has its headquater in Queenstown, Singapore. Its main objective is to promote free trade and economic cooperation in the Asia-Pacific region. It also promotes regional and technical cooperation among members.

The member countries sign a multilateral trade agreement as more than two countries are trading with each other.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Question No. 10
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon