Countries align themselves together for a variety of reasons, e.g., defense, resource output, or economic reasons. Global economic and political history is replete with examples of alliances, pacts, unions and regional cooperation treaties designed to promote economic cooperation between multiple sovereign entities.
Your task is to discuss some of the economic advantages and disadvantages of membership in the Asia-Pacific Economic Cooperation. Some of these advantages and disadvantages might be generic in nature, having to do with the general issue of economic alignment, or they may be specific to the Asian-Pacific region.
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