The basic aim of Asia-Pacific Economic Cooperation (APEC) is to promote regional economic integration and free trade. It was founded in:
Correct answer: C. 1989
- A. 1980
- B. 1985
- C. 1989
- D. 1990
Explanation
APEC was established in 1989 in response to growing economic interdependence in the Asia-Pacific region. Its central focus is trade and investment liberalization and regional economic cooperation.
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