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Malaysia and Laos are members of the same trading bloc that promotes trade and economic integration among member nations in the region. One distinguishing characteristic of this trading bloc is that it will not support fully free labor flows or a common currency. Which trading bloc is this likely to be?

Answer :

Answer:

The Association of Southeast Asian Nations (ASEAN)

Explanation:

The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organization comprising of Singapore, Brunei, Malaysia, Thailand, Philippines, Indonesia, Vietnam, Laos, Cambodia, and Myanmar. It promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration among its members and other countries in Asia.

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The trading bloc that does not support fully free labor flows or a common currency is the Association of Southeast Asian Nations (ASEAN).

What is ASEAN?

The Association of Southeast Asian Nations (ASEAN) was formed with the purpose to accelerate economic growth, social progress, and cultural development in the region. It was formed in 1967.

One of the unique characteristics of ASEAN is that it does not support fully free labor flows or a common currency. The currency basket of ASEAN has 13 different currencies.

Therefore the correct answer is ASEAN.

Learn more about ASEAN here:

https://brainly.com/question/10100946

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