Consider the following countries: 1. Australia 2. Canada 3. China 4. India 5. Japan 6. USA Which of the above are among the ‘free-trade partners’ of ASEAN?

1. A. 1, 2, 4 and 5
2. B. 3, 4, 5 and 6
3. C. 1, 3, 4 and 5
4. D. 2, 3, 4 and 6

Answer: C

Explanation

The Association of Southeast Asian Nations, or ASEAN, was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN, namely Indonesia, Malaysia, Philippines, Singapore and Thailand. ASEAN has existing free trade agreements with Australia, China, India, Japan, South Korea and New Zealand.