Reference no: EM132765901

HI5016 International Trade and Enterprise - Holmes Institute

Detailed requirements of the assignment -

You are a group of advisors to the working in the Department of Trade and Foreign Affairs in Australia. As advisors you are first, required to write a research from a topic of your choice from the following covering the previous 5-10 years.

Research Paper 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 comparative advantage. 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 or industries 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 chosen countries.

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 in Annex 1 that currently provides export subsidies to the industries. Discuss positive and negative aspects of the export subsidies on the country's economy.

Evaluate the effects of the export subsidies on the country's welfare using relevant supporting data/statistics and literature.

Examine the effects of effects of the subsidies on Australia (Only applies if the country chosen 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 its pattern 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 (Only applies if the countries do not include Australia. However, if the countries include Australia explain the effects of the pattern of trade on other countries).

Note -

(i) Two groups must not research on an identical combination of 2 countries.

(ii) The combination selected will be first come basis posted in Discussion Board.

(iii) Following (i) and (ii), before choosing a combination check to identify that the countries is not identified.

(iv) A combination of countries can be in a pattern such as: Australia and Country x or Australia and country y; ---- or country x and y or x and n; ---.

Note - Chosen topic No. 2 is our assignment terms of trade. Do 4th one (benefits from countries to Australia). Selected 2 countries New Zealand and Mauritius. The task is to write how Australia is benefitted from New Zealand and Mauritius in terms of trade. How their terms of trade affects Australia means its impact in economy. Need all the required journals and contents needed.