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Multiple Choice Question______, which was established in 1989, promotes open trade and economic and technical cooperation among 21 member nations and represents approximately 47% of world trade, and 60% of world GDP.Multiple choice question.NAFTAAPECThe European UnionOPEC

Question

Multiple Choice Question______, which was established in 1989, promotes open trade and economic and technical cooperation among 21 member nations and represents approximately 47% of world trade, and 60% of world GDP.Multiple choice question.NAFTAAPECThe European UnionOPEC

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Solution

The correct answer is APEC. The Asia-Pacific Economic Cooperation (APEC) was established in 1989 and promotes open trade and economic and technical cooperation among its 21 member nations. It represents approximately 47% of world trade, and 60% of world GDP.

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