Discussion:
Please answer the following questions sufficiently, and in complete sentences. No one sentence answers, please. Make sure to type your answer.
Read: Briefing-The Pacific," the Economist, November 25, 2014.
1. Define the following terms:
-flying geese manufacturing
-state capitalism
-supply chain
-natural resource curse
-industrial policy
2. What event marked the arrival of the Pacific Age? Please explain.
3. What countries make up the APEC? When was it established? What is the APEC's share
in global trade?
4. What are the four reasons that the report argues as sources of strength in the Pacific region?
5. List three reasons why Latin America failed to match Asia's success in economic growth & development?