ASEAN ASEAN Economics and Trade 3

Question 1

What is the ASEAN Economic Community (AEC) Blueprint 2025 focused on?

Accepted Answer

A highly integrated, innovative, and people-centered economy

Answer

Creating a single ASEAN currency

Answer

Merging all national central banks

Answer

Establishing a pan-ASEAN tax system

Question 2

Which ASEAN body oversees economic integration and trade policy?

Accepted Answer

ASEAN Economic Ministers (AEM) Meeting

Answer

ASEAN Summit

Answer

ASEAN Political-Security Council

Answer

ASEAN Central Bank Board

Question 3

What does 'trade in goods' liberalization under the ASEAN Trade in Goods Agreement (ATIGA) aim to achieve?

Accepted Answer

Zero tariffs on substantially all goods among ASEAN members

Answer

Unified import licensing across all members

Answer

A common external tariff wall

Answer

Shared agricultural subsidies

Question 4

Which ASEAN member is the world's top exporter of natural rubber?

Accepted Answer

Thailand

Answer

Indonesia

Answer

Malaysia

Answer

Vietnam

Question 5

What is the primary goal of the ASEAN Comprehensive Investment Agreement (ACIA)?

Accepted Answer

Create a free and open investment regime among ASEAN members

Answer

Establish a joint ASEAN sovereign wealth fund

Answer

Limit foreign direct investment from outside ASEAN

Answer

Standardize corporate taxation across members

Question 6

Which ASEAN economy is a top global exporter of electronics and semiconductors?

Accepted Answer

Malaysia

Answer

Philippines

Answer

Cambodia

Answer

Myanmar