Asia Pacific Economic Cooperation (APEC)
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APEC Advantages
1. Promoting increased free trade 2. Cheaper commodities for consumers 3. Increased employment opportunity
What are APEC's key roles?
1. Trade and investment liberalisation 2. Business facilitation 3. Economic and technical cooperation (EcoTech)
In which year was APEC established?
1989
Link to Australia
2007, APEC meeting discussed climate change and strategies to strive for cleaner methods and energy security
How many APEC members are there?
21
What type of organisation is APEC?
Multilateral trading bloc
APEC Disadvantages
Only represent 40% of world's population
