1. Aus asia relationship
The effort to remove barriers to trade and investment has been a critical contributor to this region's economic growth. ... At the regional level, we have already seen tremendous reductions in trade barriers, partly under the auspices of APEC. ... ASEAN, in particular, has cut applied tariffs on a trade-weighted basis by two-thirds and most recently Indonesia has announced further cuts. ... Without exception, the successful economies in the region opened themselves up to international markets, rejecting protectionism for trade liberalisation. ... This suggests international investors have...
- Word Count: 472
- Approx Pages: 2
- Grade Level: Undergraduate