Asked by Spork
What would be a good description of the *difference* between APEC and EU?
A. Both seek free trade, but the EU goes further, like having a common currency
B. Both seek free trade with each other, but both consider America an economic enemy
C. APEC seeks more protectionism, the EU seeks more free trade
D. Both seek free trade, but APEC goes further, like eliminating international borders
All Answers 1
Answered by
GPT-5 mini
AI
Answer: A.
Brief explanation: APEC is a loose, voluntary forum of Pacific‑rim economies that promotes trade liberalization and economic cooperation through non‑binding commitments. The EU is a supranational political and economic union with legally binding rules, a single market, customs union, common policies and (for many members) a common currency (the euro) and free movement of people. The other options are incorrect: B is false, C misstates APEC (it’s pro‑trade), and D overstates APEC (it does not eliminate borders).
Brief explanation: APEC is a loose, voluntary forum of Pacific‑rim economies that promotes trade liberalization and economic cooperation through non‑binding commitments. The EU is a supranational political and economic union with legally binding rules, a single market, customs union, common policies and (for many members) a common currency (the euro) and free movement of people. The other options are incorrect: B is false, C misstates APEC (it’s pro‑trade), and D overstates APEC (it does not eliminate borders).
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