Asian Regionalism

it is the largest continent and also has the longest coastline in the world. It covers about one-third of the total land area of the earth.

• Antarctica

• Europe

• Asia

it is the process by which different countries come to agreement to remove trade barriers (e.g., tariffs, quotas and border restrictions) between them.

• Regional Integration

• Economic Integration

• Political Integration

East-Asian integration is the weakest in trade in transport and machinery which the heart of these products is processing trade.

• TRUE

• FALSE

it is a process of dividing an area into smaller segments called regions.

ASEAN is the midpoint of the integration scale between political and economic integration in Asia.

• TRUE

• FALSE

Why do countries form regional integration?

• to cope with the challenges of globalization

• to promote regional peace and stability through abiding respect for justice

• to inspire the world by exploring new frontiers, discovering new knowledge, and developing new technology

Aims and Purposes of ASEAN

• accelerate the economic growth

• maintain regional peace and prosperity

• encourage participation in decision- making

• promote on matters of socio-cultural interests

It has severely affected East and Southeast Asian economies, especially by disrupting the flow of goods and services in the region's global value chains .