Reference no: EM133056112
HI5016 International Trade and Enterprise
Purpose:
Students are expected to demonstrate their knowledge and understanding of a chosen topic by applying international trade theories and concepts learnt during Week 1 to Week
9. The in-depth analysis of the chosen topic, should be supported by data/statistics, figures, tables and relevant literature.
In this assignment, students are required to do better than recycle the lecture materials. Students are to research the chosen topic in more depth providing evidence of independent research.
Detailed requirements of the assignment
You are a group of advisors working in the Department of Trade and Foreign Affairs in Australia. As advisors you are required to write a report covering the following topics, based on the past 5 years, in which you compare two countries. Each group must choose two countries (not including Australia). This report should provide useful information for the Department of Trade and Foreign Affairs for appropriate strategic decision making for Australia and multinational enterprises in the country. The report should use a variety of resources, including the textbook, newspapers, industry reports, the ABS website, and other sources.
Research Topics
1. Comparative advantage
- Choose any two countries chosen from the list of countries listed in Annex 1. For each country, identify an industry or industries in which the chosen countries have comparativeadvantage. You must use relevant data/statistics to support your analysis used in the identification
- Explain the reasons/sources of the comparative advantage in each of the chosen countries
- Suggest ways to improve the comparative advantage in each country
- Reasons for the flow of trade and investment, the factors affecting the industry orindustries and how Australia can benefit from these countries
2. Terms of Trade
- Choose any two countries from the list of countries listed in Annex
1. For each country,analyse its terms-of-trade trend over the last 10 years using relevant facts/figures
- Identify and analyse factors affecting the trend in the terms-of-trade for each of the chosencountries
- Analyse how the terms-of-trade affect welfare in the chosen countries
- Advise the Minister on any benefits from these countries to Australia
3. Export Subsidies in Agriculture, Wind/Solar energy industry
- Choose either an agriculture or a wind/solar energy industry from any country listed inAnnex 1 that currently provides export subsidies to the industries. Discuss positive andnegative aspects of the export subsidies on the country's economy.
- Evaluate the effects of the export subsidies on the country's
welfare using relevantsupporting data/statistics and literature
- Examine the effects of effects of the subsidies on Australia (Only applies if the countrychosen is not Australia. However, if the country is Australia explain the effects of the subsidies to other countries)
4. Pattern of Trade
- Choose any two countries from the listed countries in Annex 1. For each country, describe itspattern of trade over the last 30 years using relevant data
- Identify and analyse factors responsible for a changing trade pattern in the chosen countries
- In your opinion, discuss if your findings conform with what the trade theories predict
- Examine the effects of the pattern of trade on Australia
Assessment Plan
File Exchange tool:
All the academic papers that are used in the assignment need to be posted on BB by using File Exchangetool (Instruction in page 5, for further questions and advice, refer to your lecturer). Student needs to highlight the discussion in the academic paper which is relevant to the discussion in the assignment. Academic papers can be found
in ProQuest (ProQuest instruction can be found in page 5 and 6. Assignment will be marked ZERO if does not include references list
How to do group assignment - Instruction
• A Group can choose a communication and collaboration tool(s) of your choice. Allcommunication and collaboration tools are already enabled and accessible for any group.
Exchange files with a group
• With file exchange, you can share files with other members of your group, including your instructor.
• You can't create folders in file exchange. With your group, decide how you want to name files so that they are easier to locate in a long list.
Add a file to the file exchange
(i) Group Tools > File Exchange > Add File
(ii) Add a name for the file you want to upload. Browse for the file and submit.
(iii) Delete a file from the file exchange
(iv) You can delete any file, even if you didn't upload it. On the File Exchange page, select Delete in the file's menu.
Group Blog
All the group members can discuss about the assignment by using Group Blog. Once you are allocated in a group, you can see this function.
Group > Group Tools > Group Blog > Create Blog Entry
Note: All the discussion about group assignment needs to be recorded by using Group Blog tool (Instruction in page 5, for further question, please advise your lecturer). The discussion must relevant to the content of the assignment and reflects the outcome of the group meeting.
Attachment:- International Trade and Enterprise.rar