Unit 7: Asian Regionalism

Question 1

Defined as an increase in the cross-border flow of capital, goods, and people within a specific geographical area

Answer 1

Regionalization

Question 2

Defined as a political will to create a formal arrangements among states on a geographically restricted basis

Answer 2

Regionalism

Question 3

[…] is a result of economic activities that connect Asian countries together and complemented global relationships

Answer 3

Asian Regionalization

Question 4

When and where was ASEAN established?

Answer 4

• August 8, 1967
• Bangkok, Thailand

Question 5

The 5 founding countries of ASEAN

Answer 5

• Indonesia
• Malaysia
• Philippines
• Singapore
• Thailand

Question 6

A process of interaction and integration among the people, companies, and governments of different nations around the world, driven by international trade and investment and aided by information technology

Answer 6

Globalization

Question 7

Regionalization and regionalism’s main goal is to […]

Answer 7

develop the economy of the nation