One Belt, One Road Vs. Asia-Pacific Economic Cooperation Quiz

1. APEC has a total of ______ and was established in ______

• 20 members, 1967

• 21 members, 1989

• 30 members, 2002

• 10 members, 2000

Tariff reduction, trade benefits, simplify trade and business across the region, harmonizing regional regulations and policies are the primary goals of APEC. True or False?

• True

• False

Which of the two, counted as APEC’s weaknesses?

• Absence of leadership

• Having too much members

• APEC was described as a little more than a ‘talk shop’ or a ‘photo community’

• No proper meeting

One Belt, One Road (OBOR) is China's initiative that aims to enhance connectivity and cooperation among countries in Asia, Europe, and Singapore.

• True

• False

APEC has become a driving force promoting regional economic integration and trade.

• True

• False

APEC is a regional forum to promote free trade and ___ among the 21 member states.

• A. Society

• B. Political

• C. Law

• D. Investment

What is the full word of APEC?

• A. Asia-Pacific Economic Cooperation

• B. ASEAN-Pacific Economic Cooperation

• C. ASEAN-Pacific Economic Collaboration

• D. Asia-Pacific Economic Competition

As shown in the presentation, there are three benefits of OBOR which are; 

• A. Economic Growth, political stability and strengthen diplomatic relation

• B. Trade benefit, non-discriminatory transparent trade and political stability

• C. Economic growth, infrastructure development and job creation.

However, there are some challenges of OBOR as well which are;

• Makara: Trade deficit and Cultural difference

•  Achariya: Financing Constraints, Political Instability and Environmental Concerns.

• Bopha: Security concern and China's rising power

Scholars have argued that APEC is more of a proposer rather than an implementer, meaning that countries find it hard to reach common goals and implementation resulting in lack of effectiveness.

• True

• False