APEC: Understanding Asia-Pacific Economic Cooperation

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APEC is the premier forum for facilitating economic growth, cooperation, trade and investment in the ______ region.

Asia-Pacific

APEC is an intergovernmental ______ that operates on the basis of non-binding commitments, open dialogue and equal respect for the views of all participants.

grouping

Unlike the ______ or other multilateral trade bodies, APEC has no treaty obligations required of its participants.

WTO

Decisions made within APEC are reached by ______ and commitments are undertaken on a voluntary basis.

consensus

APEC operates on the basis of ______ commitments, open dialogue and equal respect for the views of all participants.

non-binding

Test your knowledge about APEC, the premier forum for promoting economic growth, trade, and investment in the Asia-Pacific region. Learn about its unique approach to cooperation and decision-making. How well do you understand APEC's role in international trade?

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