The ‘ASEAN Way’ refers to: MCQ with Answer and Explanation

The ‘ASEAN Way’ refers to:

A. A set of norms emphasizing non-interference and consensus

B. An economic agreement similar to the EU

C. A military alliance protocol

D. A dispute resolution mechanism

Answer: Option A

The ASEAN Way is characterized by principles of consensus, non-interference, and respect for sovereignty.

This question belongs to: Static General Knowledge International Organizations

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Question #1 Report Error

Where is the headquarters of the International Court of Justice (ICJ)?

A. New York

B. Geneva

C. Brussels

D. The Hague

Correct Answer: Option D

Explanation:
The ICJ is based at the Peace Palace in The Hague.

This question belongs to: Static General Knowledge International Organizations

Question #2 Report Error

The 'ASEAN Free Trade Area (AFTA)' agreement was signed in:

A. 1990

B. 1992

C. 1999

D. 1995

Correct Answer: Option B

Explanation:
AFTA was signed in 1992 and aimed to increase ASEAN's competitive edge as a production base.

This question belongs to: Static General Knowledge International Organizations

Question #3 Report Error

Which organization is tasked with developing international standards for accounting?

A. WTO

B. IMF

C. World Bank

D. IASB

Correct Answer: Option D

Explanation:
The International Accounting Standards Board (IASB) sets the IFRS standards.

This question belongs to: Static General Knowledge International Organizations