单词 | Asian Pacific Economic Cooperation |
释义 | Asian Pacific Economic Cooperation = (APEC) An association of nations around the Pacific rim aiming at the creation of a Pacific free trade area. APEC was set up in 1990; its members include Australia, Canada, Chile, China, Indonesia, Japan, Malaysia, Mexico, New Zealand, Singapore, and the US. It aims at creating a free trade area for its industrialized members by 2010, and its less-developed members by 2020. When complete this will cover a large percentage of world trade. |
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