Asked by Elena Franco on Jun 26, 2024
Verified
APEC was established to promote free trade and investment in European countries.
APEC
The Asia-Pacific Economic Cooperation, a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region.
European Countries
Nations located on the European continent, each with its distinct culture, history, and political system.
- Recognize the role and objectives of major international and regional economic organizations and agreements such as APEC, the European Union, and SADC.
Verified Answer
DH
Diana HenryJun 27, 2024
Final Answer :
False
Explanation :
APEC stands for Asia-Pacific Economic Cooperation, and was established to promote free trade and investment among its 21 member economies in the Asia-Pacific region, not in European countries.
Learning Objectives
- Recognize the role and objectives of major international and regional economic organizations and agreements such as APEC, the European Union, and SADC.
Related questions
The Asia Pacific Economic Forum Consists of 27 Countries That ...
The __________ Established the MIGA to Encourage Increased Investment in ...
Statement I: the International Monetary Fund (IMF)was Set Up as ...
The __________ Is/are Comprised of 27 Countries Linked Together Through ...
The Asia-Pacific Economic Cooperation (APEC) Provides for Asia-Pacific Economies to ...