regional free trade area
... that the Asia-Pacific Economic Cooperation is proposing a regional free trade area that would account for almost half of world trade?
... that the <a href="./Asia-Pacific_Economic_Cooperation" id="mwAlw" rel="mw:WikiLink" title="Asia-Pacific Economic Cooperation">Asia-Pacific Economic Cooperation</a> is proposing a <b id="mwAl0"><a class="mw-redirect" href="./Free_Trade_Area_of_the_Asia-Pacific_Region" id="mwAl4" rel="mw:WikiLink" title="Free Trade Area of the Asia-Pacific Region">regional free trade area</a></b> that would account for almost half of <a class="mw-redirect mw-disambig" href="./World_trade" id="mwAl8" rel="mw:WikiLink" title="World trade">world trade</a>?