11 Questions
What is the primary goal of the World Trade Organization (WTO)?
To ensure that trade takes place smoothly, predictably, and as freely as possible
Which institution was established in 1966 by 31 member governments?
Asian Development Bank (ADB)
What is the main focus of the Asian Development Bank (ADB)?
To provide loans for regional, sub-regional, and national projects and programs
How many members does the Asian Development Bank (ADB) have?
57
When was the Asia-Pacific Economic Cooperation (APEC) set up?
1989
How many members does the Asia-Pacific Economic Cooperation (APEC) have?
21
What is the primary goal of the Asia-Pacific Economic Cooperation (APEC)?
To create greater prosperity for the people of the region
What is the focus of the World Trade Organization (WTO) agreements?
Rules of trade between nations
Which institution is responsible for promoting regional economic integration?
Asia-Pacific Economic Cooperation (APEC)
What is the focus of the Asian Development Bank (ADB) loan programs?
Regional, sub-regional, and national projects and programs
What is the primary role of the World Trade Organization (WTO)?
To ensure that trade takes place smoothly, predictably, and as freely as possible
This quiz explores the benefits of market integration, including free trade, increased competition, and improved efficiency. Learn how minimizing trade barriers enables businesses to access wider markets and promotes economic growth.
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