Abstract

After the Cold War, economy in various countries became tense. These conditions encourage a new world order to form regionalism, and one of them is to produce trade cooperation blocks between countries. Discussion forums were used to establish this trading block and address economic concerns like dependence on free trade. APEC then emerged as one of the economic cooperation forums in the Asia Pacific region, which operates in economic cooperation. The existence of APEC is based on the view that the dynamics of development in the Asia Pacific are increasingly complex, characterized by significant changes in trade and investment patterns, financial flows, and sophisticated technology, as well as differences in comparative advantages possessed by each country. This study will analyze how APEC influences trade and economic cooperation among its member nations. This article will use the concept of open regionalism to look at the dynamics that occur in APEC.

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