APEC

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What was the goal for ASEAN?

a goal of establishing an ASEAN Economic Community for ten member countries

What was the Association of Southeast Asian Nations (ASEAN) established for?

established to enhance the trade options for its ten member countries

Asia-Pacific Economic Cooperation (APEC) (5)

forum for 21 member nations to facilitate economic growth, cooperation, trade, and investment in the Asia-Pacific region, established in 1989

guanxi

importance of connections and personal relationships when working within China or other Asian nations

socialist-capitalist economy

more privatized market-oriented economy that promotes trade and growth, while still restricting the freedoms of individuals


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