ASEAN Free Trade

Which date where ASEAN stated its aim of completing free trade agreements (FTA) with China, Japan, South Korea, India, Australia, and New Zealand by 2013?

• 27 February 2009

• 26 August 2007

• 1 January 2010

• 26–28 February 2013

What is RECP?

• Regional Coordinate Economic Partnership

• Regional Comprehensive Economy Partnership

• Regional Comprehensive Economic Partnership

• Regional Comprehensive Economic Partner

Free trade occurs when goods and services can be bought and sold between countries without ________.

When did Australia and New Zealand signed the FTA with ASEAN?

• 27 February 2009

• 26–28 February 2013

• 1 January 2010

• 15 March 2015

What is the disadvantage of free trade?

• Inflation

• Environmental impact

• Profit

• Balanced economic gap

What is the benefit of free trade?

• Job loss

• Consumers have more choices

• Reduce cost in transport

• Exploitation

Who is NOT a member of ASEAN + 6

• Australia

• Canada

• New Zealand

• South Korea

What is the highest SERVICES percentage in ASEAN?

• Transport

• Travel

• Telecommunication

• Financial