What would be a good description of the difference between APEC and the EU?

Question

Both seek free trade,but APEC goes further, like eliminating international borders
Both seek free trade with each other, but both consider America an economic enemy
APEC seeks more protectionism, the EU seeks more free trade
Both seek free trade, but the EU goes further, like having a common currency

Answer 1

APEC (Asia-Pacific Economic Cooperation) and the EU (European Union) are both regional economic organizations that aim to promote free trade. However, there are key differences between the two groups. APEC focuses on promoting free trade and economic cooperation among its member nations in the Asia-Pacific region, prioritizing the elimination of international borders and barriers to trade. On the other hand, the EU has a more comprehensive approach to economic integration, with common policies and institutions, including a common currency, the euro. Additionally, while APEC seeks to promote free trade with all nations, the EU has historically had tensions with the United States and has pursued a more protectionist approach in some areas.