The China and ASEAN Free Trade Area (CAFTA) was officially launched on January 1, 2010. 90% of the trade products between China and ASEAN will achieve zero tariff and substantially open the service trade market. After the completion of the free trade area, the trade between ASEAN and China accounts for 13% of world trade. It has become a huge economy covering 11 countries, 1.9 billion people and a GDP of US $6 trillion. It is not only the most populous free trade area in the world, but also the largest free trade area among developing countries. 2. The EU is one of the most developed spaces in the World, however, the wealth is and has been unevenly distributed across the EU. Some countries called the core includes Austria, Belgium, Denmark, Finland, France, Germany, Luxembourg, the Netherlands, Sweden, the UK, and Northern Italy, and some are periphery area, including Greece, Ireland, Portugal, Spain, and Southern Italy. Questions: a) What are main forms of economic integration? b) What does CAFTA belong to? (c) What are National Regional Policies in EU?
The China and ASEAN Free Trade Area (CAFTA) was officially launched on January 1, 2010. 90% of the trade products between China and ASEAN will achieve zero tariff and substantially open the service trade market. After the completion of the free trade area, the trade between ASEAN and China accounts for 13% of world trade. It has become a huge economy covering 11 countries, 1.9 billion people and a GDP of US $6 trillion. It is not only the most populous free trade area in the world, but also the largest free trade area among developing countries. 2. The EU is one of the most developed spaces in the World, however, the wealth is and has been unevenly distributed across the EU. Some countries called the core includes Austria, Belgium, Denmark, Finland, France, Germany, Luxembourg, the Netherlands, Sweden, the UK, and Northern Italy, and some are periphery area, including Greece, Ireland, Portugal, Spain, and Southern Italy. Questions: a) What are main forms of economic integration? b) What does CAFTA belong to? (c) What are National Regional Policies in EU?
Chapter1: Making Economics Decisions
Section: Chapter Questions
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The China and ASEAN Free Trade Area (CAFTA) was officially launched on January 1,
2010. 90% of the trade products between China and ASEAN will achieve zero tariff and
substantially open the service trade market. After the completion of the free trade area, the
trade between ASEAN and China accounts for 13% of world trade. It has become a huge
economy covering 11 countries, 1.9 billion people and a GDP of US $6 trillion. It is not only
the most populous free trade area in the world, but also the largest free trade area among
developing countries.
2. The EU is one of the most developed spaces in the World, however, the wealth is and has
been unevenly distributed across the EU. Some countries called the core includes Austria,
Belgium, Denmark, Finland, France, Germany, Luxembourg, the Netherlands, Sweden, the
UK, and Northern Italy, and some are periphery area, including Greece, Ireland, Portugal,
Spain, and Southern Italy.
Questions:
a) What are main forms of economic integration?
b) What does CAFTA belong to?
(c) What are National Regional Policies in EU?
It's not a new question.
Just 1 following 3 subquestions ..
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