HI5016 International Trade and Enterprise

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Assignment Specifications

Purpose

Students must demonstrate their knowledge and understanding of a chosen topic by applying international trade theories and concepts learnt from 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 Australia's Department of Trade and Foreign Affairs. As advisors, you are required to write a report covering the following topics, based on the past five 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 textbooks, newspapers, industry reports, the ABS website, and other sources.

Research Topics

Comparative advantage

  • Choose any two countries from the list of countries in Appendix 1. For each country, identify an industry or industries in which the chosen countries have a 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 of 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.

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 ten years using relevant facts/figures.
  • Identify and analyse factors affecting the trend in 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.

Export Subsidies in Agriculture, Wind/Solar energy industry

  • Choose either agriculture or a wind/solar energy industry from any country listed in Annex 1 that currently provides export subsidies to the industries. Discuss the 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 the subsidies in Australia (Only applies if the country chosen is not Australia. However, if the country is Australia, explain the subsidies' effects to other countries).

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.

Group Assessment Plan

File Exchange tool

All the academic papers used in the assignment need to be posted on BB using the File Exchange tool (Instruction on 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 on page 6. The assignment will be marked ZERO if does not include a references list.

How to do group assignment – Instruction

A Group can choose a communication and collaboration tool(s) of their choice. All communication and collaboration tools are already enabled and accessible for any group.

Tool Description
File Exchange Group members and instructors can share files in this area. All members can add and delete files, regardless of who added them.
Group Blog In the group area, all members of a group can create entries for the same blog and build on each entry. All course members can read and comment on a group blog, but they can't make posts unless they are members of the group. Instructors can choose to grade group blogs. All group members receive the same grade.
Group Journal In the group area, all members of a group can view each other's entries. Only group members and instructors can view a group journal. Instructors can choose to grade group journals. All group members receive the same grade.
Send Email Group members can email individual members or the entire 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:

  1. Group Tools > File Exchange > Add File.
  2. Add a name for the file you want to upload. Browse for the file and submit.
  • Delete a file from the file exchange.
  1. 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 the assignment by using Group Blog. Once you are allocated to 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 the Group Blog tool (Instruction on page 5, for further questions, please advise your lecturer). The discussion must be relevant to the assignment's content and reflect the group meeting's outcome.

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