The First Meeting of the Members of the ASEAN+3 Was

question 78

Multiple Choice

The first meeting of the members of the ASEAN+3 was devoted to devising a system whereby the member countries could:

• A) defend their currencies against future attack.
• B) improve the multilateral trade.
• C) keep inflation under check.
• D) acquire nuclear technology.
• E) improve agricultural production.

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Definitions:

Base Year

A reference year against which economic or financial data is compared and indexed.

Current Year

Refers to the ongoing calendar year in which a statement is made or an event occurs.

GDP Price Index

A measure that compares the current price level of goods and services included in GDP to the price level in a base year.

Nominal Gross Domestic Product

The market value of all officially recognized final goods and services produced within a country in a year, not adjusted for inflation.