A/ Assessment Recap 

Students are required to analyze a regional economic integration zone (REI) and trade policies between a member country and Vietnam.

Suggested structure

1. Introduction (1st requirement must be mentioned in the introduction - your chosen REI)
2. Analysis of the REI (2nd requirement)
3. Analysis of "your country" (3rd requirement)
4. Conclusion
5. Appendices 
6. References (RMIT Harvard style only)

B/ Keywords Explanation

1. Regional economic integration (REI) - Formal trade agreement between countries in a geographic region to reduce barriers to trade and investment.

2. Trade corridor - Major route used for trade between key economic centers.

3. Trade hub - Strategic focal point for trade and logistics activity due to location.

4. Commodity - Basic good used in commerce that is interchangeable with other commodities of the same type.

5. PEST analysis - Framework to assess external Political, Economic, Social, and Technological factors affecting an organization/country.

6. PESTEL analysis - Expanded PEST analysis also considering Environmental and Legal factors.

7. Trade barrier - Any obstacle that impedes international trade, like tariffs, quotas, or sanctions.

8. Trade policy - Rules, regulations, and agreements that affect trade between countries.

9. Comparative advantage - When a country can produce a good at a lower opportunity cost than other countries.

10.  Absolute advantage - When a country is more productive at producing a good than another country.

C/  Food for Hungry Thoughts

Brunnstrom, David, and Michael Martina. “APEC 2023: What You Need to Know about San Francisco Summit | Reuters.” Reuters, 15 Nov. 2023, 

https://www.reuters.com/world/what-is-apec-asia-pacific-leaders-head-san-francisco-2023-11-01/.

Hailu, MB. “Regional Economic Integration in Africa: Challenges and Prospects.” Mizan Law Review, no. 2, African Journals Online (AJOL), May 2015, p. 299. Crossref, doi:10.4314/mlr.v8i2.2.

Munakata, Naoko. Transforming East Asia. Rowman & Littlefield, 2007.

Nguyen, Tien Dung, and Misuo Ezaki. “REGIONAL ECONOMIC INTEGRATION AND ITS IMPACTS ON GROWTH, POVERTY AND INCOME DISTRIBUTION: THE CASE OF VIETNAM.” Review of Urban and Regional Development Studies, no. 3, Wiley, Nov. 2005, pp. 197–215. Crossref, doi:10.1111/j.1467-940x.2005.00104.x.

Rugwabiza, Valentine, and Arancha González. “Economic Integration Is Helping Boost Trade and Investment in Africa | Working in Development | The Guardian.” The Guardian, The Guardian, 10 May 2016, https://www.theguardian.com/global-development-professionals-network/2016/may/10/economic-integration-is-helping-boost-trade-and-investment-in-africa.

D/ Detailed Outline

1. Introduction 

Suggested structure (100-200 words)

• State the Purpose 

  • Begin with a clear statement of the report's objective

    • For example: "This report examines the impact of international trade policies on regional economic cooperation, with a focus on ASEAN countries."

• Highlight Key Policy 

  • Mention a specific policy or case study that will be central to your analysis.

    • For example: 

Special emphasis will be placed on the ASEAN Trade in Goods Agreement (ATIGA) and its implementation in Singapore and Vietnam.

• Outline the Report's Scope

  • Briefly describe the scope of your analysis.

    • For instance: "The report will explore how these policies influence trade dynamics and business expansion within the ASEAN market."