In early 1990s, which of the following two alternative centers of political and economic power could limit USA's dominance? |
European Union (EU) and the Association of South East Asian Nations (ASEAN) African Union (AU) and Organisation of Central Asian Republics (OCAR) BRICS and Organisation of Petroleum Exporting Countries (OPEC) South Asian Free Trade Agreement (SAFTA) and European Coal and Steel Community (ECSC) |
European Union (EU) and the Association of South East Asian Nations (ASEAN) |
The correct answer is Option (1) → European Union (EU) and the Association of South East Asian Nations (ASEAN) " After the end of the bipolar structure of world politics in the early 1990s, it became clear that alternative centres of political and economic power could limit America’s dominance. Thus, in Europe, the European Union (EU) and, in Asia, the Association of South East Asian Nations (ASEAN), have emerged as forces to reckon with. While evolving regional solutions to their historical enmities and weaknesses, both the EU and the ASEAN have developed alternative institutions and conventions that build a more peaceful and cooperative regional order and have transformed the countries in the region into prosperous economies.". |