Asia-Pacific Economic Cooperation (APEC) Began In 1989 In Reaction To The Develo
This is the first 1,000 characters of 1273 words (5.09 pages) in the essay titled Asia-Pacific Economic Cooperation (APEC) Began In 1989 In Reaction To The Develo
Asia-Pacific Economic Cooperation (APEC) began in 1989 in reaction to the developing interdependence among Asia-Pacific economies. At first this organization was a group that met unofficially. APEC now has become the crucial provincial conduit for encouraging open trade and realistic economic cooperation. It’s objective is to progress Asia-Pacific economic vitality and the essence of the people.
APEC consists of 21 nations and other political units that border the Pacific Ocean. Economic and political alliances have been formed among the countries of the Pacific Rim. APEC's aims include reducing trade barriers among its members and to further trade and investment in the region. Its principles are to support economic growth and development of the region and world economic liberalization, to reduce barriers of the trade of goods, services and investment, and to facilitate economic, technical and investment cooperation among its member economies. (http://www.apec2002.org.mx/s...
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