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What do you think will happen if the Asean becomes a single country?

What do you think will happen if the Asean becomes a single country?

1. Together, ASEAN’s ten member states form an economic powerhouse. If ASEAN were a single country, it would already be the seventh-largest economy in the world, with a combined GDP of $2.4 trillion in 2013 (Exhibit 1). It is projected to rank as the fourth-largest economy by 2050.

What is the largest single nation of South Asia?

India
India is the largest single nation of South Asia.

Is South Asia a rich country?

All eight countries of the region are members. The economy of South Asia as a whole grew by 7\% in 2017 and is expected to increase to 7.2\% in 2018….The Richest Countries In South Asia.

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Rank Country Per Capita Income (USD)
4 India 2,036.20

How does regionalism benefit Asia?

A dynamic and outward-looking Asian regionalism could bring huge benefits not just to Asia, but to the world. It could help sustain the region’s growth, underpin its stability, and—with the right policies—reduce inequality. A stable, cohesive, and productive Asia is thus in everyone’s interest.

What is the impact of the Asia Pacific in the world?

Asia-Pacific is the fastest-growing economic region in the world. It is also a place of contrasts, home to some of the smallest and poorest countries and some of the largest and richest. Millions have been lifted out of poverty, but the region remains home to almost half of the world’s poor.

Is India considered South Asia?

The Southern and Southeast Asian region includes South Asian countries: Nepal, India, and Pakistan, as well as Southeast Asian countries: Myanmar, Vietnam, Thailand, Indonesia, the Philippines, and Singapore.

Who is powerful country in Asia?

Rankings

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Rank Country / Territory Status
1 United States Superpowers ≥ 70 points
2 China
3 Japan Major powers ≥ 40 points
4 India Middle powers ≥ 10 points