International Economics

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Assignment 1 (3 pages)

In this assignment, you will be able to apply what you have learned in this unit and Unit V to real-world concepts. Read the following two articles and apply the course concepts in a comparison of import substitution and export orientation.

Narjoko, D., Anas, T., & Herdiyanto, R. (2018, Winter/Spring). 

The elusive pursuit of import substitution in 21st century Indonesia

Asian Economic Papers
17(1), 73–93.

Rasiah, R., & HingAi, Y. (2009, May). 

Industrializing Southeast Asia

Journal of the Asia Pacific Economy, 14(2), 107–115.

In your article review, in addition to your comparison of import substitution and export orientation as related to the articles, be sure to include the components listed below.

· Briefly summarize the premise and main points of the articles.

· Create (do not copy and paste) a graph illustrating the effect of tariffs on trade.

· Explain arguments for protectionism in the context of import substitution policies.

· Describe how export orientation leads to more economic growth in factors or production and improved technical progress.

Your article review must be at least three pages in length. Adhere to APA Style when constructing this assignment, including in-text citations and references. Please note that no abstract is needed.

Assignment 2 (50-100 words)

Reflect on the course material about how international trade improves technical progress by bringing more ideas to the table in general and from different parts of the world. Discuss an example situation or a situation from your own life that illustrates how either (or both) getting more people involved in solving a problem or bringing in diverse views and skills helped solve a problem

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