There are three questions to be attempted based on the case study and a proposal to be submitted. In answering these questions, students must draw on appropriate academic literature and theoretical perspectives in order to fully support their response. Answer The Following Questions : Question 1 Discuss the differences and similarities between Economic Growth
and economic development, highlighting the aspects indicating Asian Tigers development with appropriate illustrations from the case context. Question 2 Discuss the Free Market Economic Policy, highlighting the extent to which the Asian Tigers have benefited from Economic freedom of their countries in a bid to attain a high export drive. Question 3 “For a nation to attain internationally competitive status, it is required to have suitable trade policies in place. Industrial growth is a key to attaining macro-economic objectives and improving the standard of living of a country.” With appropriate examples, discuss the arguments in favour of Protectionism. Report Structure should contain: Cover page, which indicates the title, names of students, name of instructor and date of submission; Table of contents. Introduction, which briefly describes the objective of the report and structure of the report; Discussion, description of the main points with proper citations and references; Conclusions that reveal main findings regarding each point; References using CU-Harvard Style Note to Writer: Please write with simple English vocabulary however shall meet the academic writing standards. Please use CU-Harvard referencing guide (see attachments). All Module Learning Outcomes has to be covered. Module Learning Outcomes are: On completion of this module the student should be able to: 1. Describe the structure of business environment and know all its elements. 2. Relate macroeconomic concepts to the business organisations. 3. Identify and critically analyse various market conditions using theoretical concepts. 4. Explain the concepts of resource allocation, utility and consumer behaviour.
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