Apec - Paper

APEC By Matt Tudor University of Phoenix March 13, 2007 Table of Contents Introduction ?????????????????????????????3 skeleton History ????????????????????????????...3 Role of regional integration ??????????????????????..4 Advantages ?????????????????????????????.5 Disadvantages ????????????????????????????6 Conclusion ?????????????????????????????.7 References ?????????????????????????????.8 Introduction The Asia-Pacific economical Cooperation (APEC) was created back in 1989 with 12 original members. As of today, the membership has increased to 21 members making APEC star of the largest regional organizations. The closing of this organization is to cooperate with other countries through trade and alien relations in do to better the globular economy. on that point are drawbacks to organizations such as APEC because sometimes countries do non always agree or get along with for each one other. A good example is the fall in States and China, which will be addressed later. Brief History APEC was founded back in 1989 by 12 countries who wanted open-trade in the Asia-Pacific region.

This list has grown to 21 members who embroil Australia, Brunei, Canada, Chile, China, Chinas Hong Kong, Chinese Taipei, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, South Korea, Thailand, the United States and Vietnam. Since its inception in 1989 APEC has represented the most economically high-powered region in the world ?accounting for more than one third of the worlds population (2.6 billion people), approximately 60 percent of world GDP (19, 254 billion U.S. dollars), about 47 percent of world trade, and having generated nearly 70 percent of global economic growth in its first 10 years, (Xinhua News, 2006). The primary(prenominal) scope of this organization is to promote free trade and cooperation among members in the fields of economy, trade, investment and technology. In 1994, a meeting took infinite in Bogor, Indonesia... If you want to get a full essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.