International organizations

Which is the following principles does the APEC have?

• Non-discrimination

• Mutual benefit

• Fair competition

• Exclusive jurisdiction

Which of the following organizations does the description refer to?

"It has 164 members, accounting for 95% of world trade and with the function promoting free trade between member states"

• APEC

• WTO

• EU

• ASEAN

What are the principles of EU?

• Consensus and voluntary

• Most-favored nation and national treatment

• Exclusive jurisdiction and Member state jurisdiction

• Non-interreference and respect for the right of every member

How many member countries are there in the Asia-Pacific Economic Cooperation?

• 21

• 10

• 27

• 164

Which of the following is NOT the role and function of the World Trade Organization?

• Administration of agreements and settlement of disputes

• Promotion of trade and services and facilitation of investment for member countries

• Consultancy services and forum for negotiation

• Implementation of reduction of trade barriers

When was the ASEAN Ecocomic Community (AEC) formed?

• December, 2015

• August, 1967

• January, 1993

• December, 1992

Which of the following is NOT functions of APEC?

• regional forum to facilitate trade

• steering role in economic and technical cooperation

• develop Pathfinder Initiatives

• reduce barriers to trade in goods and services

The objectives of WTO are

• to improve the standard of living of people in the member countries and to ensure full employment

• Trade and investment liberalization, business facilitation, and economic and technical cooperation

• establishment of a common market, sustainable development based on balanced economic growth and social justice

• to promote the economic, social and cultural development

What countries were founding members of ASEAN?

• Singapore, Thailand, Indonesia, Malaysia, Cambodia

• Singapore, Thailand, Indonesia, Malaysia, Philippines

• Singapore, Brunei, Indonesia, Malaysia, Myanmar

• Singapore, Thailand, Indonesia, Malaysia, Brunei

What is the ultimate goal that the ASEAN Economic Community pursues?

• Forming a single market and production base

• Boosting economic integration to establish a highly-competitive ASEAN economy

• Attracting capital sources and building skilled labor

• Removing tariff and non-tariff barriers