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13 August, 02:51

Assume that China imports a significant amount of coffee beans from Vietnam. Which trading bloc would reduce trade barriers between China and Vietnam?

a. CAFTA-DR

b. EU

c. Mercosur

d. NAFTA

e. ASEAN

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Answers (1)
  1. 13 August, 03:09
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    The ASEAN trading bloc reduce the trading barriers between China and Vietnam.

    Explanation:

    The Association of South East Asian Nations is headquarted at Jakarta, Indonesia. It is a regional inter governmental organisation that comprises of 10 South East Asian countries including Vietnam and China. the aim of ASEAN is to facilitate cooperation between the 10 member nations in the fields of politics, security, economy, military etc.

    The ASEAN has influence in International affairs as well. Since it is a body of South East Asian nations it has the power to reduce trade barriers between China and Vietnam which are member countries.
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Home » Business » Assume that China imports a significant amount of coffee beans from Vietnam. Which trading bloc would reduce trade barriers between China and Vietnam? a. CAFTA-DR b. EU c. Mercosur d. NAFTA e. ASEAN
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