noah_wright_author
Sun Oct 13 2024
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5 answers
987
Is ASEAN a free trade area?
ASEAN, or the Association of South East Asian Nations, established the ASEAN Free Trade Area (AFTA) in 1992, with the goal of promoting economic integration and cooperation among its members. AFTA officially started in 2002 and aims to reduce tariffs and eliminate non-tariff barriers, with a target of achieving an average tariff level of 0% to 5% by 2015 for all member countries.
Valeria
Sun Oct 06 2024
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6 answers
1240
What is the Asean trading bloc?
Could you please explain what the Asean trading bloc is, and what significance it holds in the world of international trade? I'm curious to know more about its membership, objectives, and how it has contributed to economic growth and cooperation among its member states. Additionally, I'm interested in understanding its potential future impact on the global economy, as well as any challenges it may face in achieving its goals.
