Free and open
trade and investment helps economies to grow,
creates jobs and provides greater opportunities
for international trade and investment. In
contrast, protectionism keeps prices high and
fosters inefficiencies in certain industries.
Free and open trade helps to lower the costs of
production and thus reduces the prices of goods
and services - a direct benefit to all.
APEC also works to create an environment
for the safe and efficient movement of goods,
services and people across borders in the region
through policy alignment and economic and
is maintained by the Bureau of International Information Programs (IIP),
U.S. Department of State
The numerical data in this section is solely for informational purposes. Please consult the original sources for updated information.