TECHNOLOGICAL UNIVERSITY OF THE PHILIPPINES

Ayala Boulevard, corner San Marcelino St., Ermita, Manila, 1000

eral Arts
Department

ASL #3

Directions: Answer the following questions.

1. What do you think is the most appropriate economic globalization of a developing country like
Philippines must adapt to? Protectionism or Free Trade? Explain.

2. Compare and Contrast the Protectionism and Free Trade using Venn Diagram (write 5
characteristics each).

3.Using a meme/drawing or caricature, create your own real-life scenario on how the types of
protectionism can be apply. (Just a meme/drawing or caricature, no need to explain).