You should go this website and reading online from page 202 to 216, you can register a free account to access that material.Instructions: Please write your answers in a MS Word document and submit it in the appropriate dropbox in D2L by the due date and time. A students responses will be evaluated based on the following criteria: Reference to the provided resource in support of the argument; Reference to the class content in support of the argument; Reference to other researches outside the textbook (please remember to cite the sources and show the full references at the end of the report); Students own critical thoughts about the question. Student answered all questions satisfactorily.Requirement: Summarize the Import-Substitution Industrialization (ISI) policy of the Chilean automotive industry. Hint Start by reading the article on the syllabus: Problems of Import Substitution: The Chilean Automobile Industry Leland L Johnson. Economic Development and Cultural Change 1967: 202-216.Do some research on the current state of the automotive industry in Chile to show supportive statistics and charts on several economic indicators such as employment, contribution to the GDP, exports, etc.Based on your knowledge of the ISI toolbox and its history in Latin America, do you consider the Chilean automotive case a success or a failure? Why? (Length: 1 to 2 pages, including charts and tables)