ASEAN Definition

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ASEAN (Association of Southeast Asian Nations) is a trading block of countries in SE Asia. Originally formed as an anti-communist military alliance, it is now focused on developing a free trade agreement among member nations.

Learn new Accounting Terms

UNLEVERED BETA is the beta reflecting a capital structure without debt.

EXTERAL REVENUE, if governmental, is money collected by a government by imposing duties on imports and other international transactions.

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