APEC: Understanding Asia-Pacific Economic Cooperation

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Questions and Answers

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.

<p>consensus</p> Signup and view all the answers

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

<p>non-binding</p> Signup and view all the answers

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