Malaysia and Laos are members of the same trading bloc that promotes trade and economic integration among member nations in the

Question

3 years ago

14

Malaysia and Laos are members of the same trading bloc that promotes trade and economic integration among member nations in the

region. One distinguishing characteristic of this trading bloc is that it will not support fully free labor flows or a common currency. Which trading bloc is this likely to be?

Business

1 answer:

Mademuasel [1] · Answer 1 · 2022-08-09T15:43:28+03:00

Answer:

The Association of Southeast Asian Nations (ASEAN)

Explanation:

The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organization comprising of Singapore, Brunei, Malaysia, Thailand, Philippines, Indonesia, Vietnam, Laos, Cambodia, and Myanmar. It promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration among its members and other countries in Asia.