Question

Illustrate the Asia-Pacific Economic Co-operation for the regional economic integration.

Answer 1

Economic integration is an arrangement between different regions that often includes the reduction or elimination of trade barriers, and the coordination of monetary and fiscal policies. Asia-Pacific Economic Cooperation (APEC) is an inter-governmental forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region. Inspired from the success of Association of ...
Headquarters: Singapore

Answer 2

Explanation:

Answer

The Three Pillars of APEC's agenda focus on:

Trade and Investment Liberalization. APEC members take actions to reduce tariff and non-tariff barriers to trade and investment that boosts job creation, incomes and growth. ...

Business Facilitation. ...

Economic and Technical Cooperation (ECOTECH)