Economics Trade Agreements Questions
The Free Trade Area of the Asia-Pacific (FTAAP) is a proposed trade agreement that aims to create a free trade area among the 21 Asia-Pacific Economic Cooperation (APEC) member economies. It seeks to promote economic integration, reduce trade barriers, and enhance regional economic cooperation in the Asia-Pacific region. The FTAAP would cover a significant portion of global trade and contribute to the growth and development of participating economies.