Solution:The total value of goods and services traded is considered to be the volume of the trade. The practice of selling a commodity in two countries at a price that differs to reasons not related to costs is called dumping.
India is not a founding member of ASEAN. ASEAN Group was founded in 1967. It's headquarter is in Jakarta (Indonesia). Brunei, Cambodia Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam are member countries of ASEAN. Main objective of ASEAN is Economic growth, peace, cultural development and Regional stability in the region.