The economies of the six countries of ASEAN are small in comparison to that of the United States; together the ASEAN GDP is about 5 per cent of the US GDP. However, their rapid growth in the 1970s and early 1980s, and outward orientation make them more important than their sall size would indicate. This book covers topics such as trade in goods and services, intellectual property rights, investment, US ansd ASEAN economic outlook and recommendations for framework agreement.