Final answer:
The correct answer regarding APEC is that it promotes economic cooperation, including Russia as a member, aims to lower trade barriers, supports open trade, and meets annually, not every six months.
Step-by-step explanation:
What is true of APEC? The correct answer is d) It promotes economic cooperation. The Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region. Established in 1989, APEC includes countries such as Australia, the United States, South Korea, Singapore, Mexico, China, Chile, and Russia; thereby dispelling the notion that Russia is not a member of this group. The key objectives of APEC include supporting sustainable economic growth and prosperity in the Asia-Pacific region, enhancing a sense of community among Asia-Pacific countries, and ensuring that trade and investment growth are more environmentally sustainable.
APEC's members seek to facilitate economic development, cooperation, trade, and investment in the Asia-Pacific region. Contrary to options b) and e), APEC works to lower, rather than increase, trade barriers and does not oppose open trade. Furthermore, the assertion in option c) that APEC members meet every six months is inaccurate; APEC leaders meet annually, not on a semi-annual basis.