Question: Part 3 - [25 marks] Context: Knowledge and Comprehension Application Question 3: Compare and contrast how the following two countries approach globalisation in Asia Pacific
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Part 3 - [25 marks] Context: Knowledge and Comprehension Application Question 3: Compare and contrast how the following two countries approach globalisation in Asia Pacific Region and evaluate how they have benefited their economies? . China and India Choose three only factors to compare in your answer. Key Points for your answers: Trade barriers for imports and exports, resources . Foreign Direct Investment policies . Political economy (communism vs democracy) . Infrastructure development (accessibility to markets) . History and No Trade Agreement (Indochina War 1962) Foreign Direct Investment (easy access, IMF Frameworks) . Bilateral Relations (Border Conflicts) . BRICS Membership Global strategy (China: export driven economy) and (India) Geography (Silk Road Strategy) [maximum 500 words]
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