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explain briefly about this and give an example kahit Trade system on the Helgh boring ASEAN countries Internationai trade has been an essential element of

explain briefly about this and give an example kahit

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Trade system on the Helgh boring ASEAN countries Internationai trade has been an essential element of the longiterm economic development of Southeast Asia. involvement in international trade has laid crucial foundations for the present-day economic growth of this region since the fourth quarter of the twentieth century. The Southeast Asian economy has strong historical roots and has obtained considerable benets from international trade. Since the entry of the Europeans in the beginning of the sixteenth century in particular, Southeast Asia has been in touch with a wide range of overseas markets in Asia and Europe. Large demands for Southeast Asian products have stimulated the economic development of the region. The economy was largely developed for the mass production of primary products. Development of the delta areas. introduction of the plantation system, and the acceptance of Chinese immigrants are good examples of the regi on's capacity to respond to changes, before the production of manufactured goods became more important in the late twentieth century

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