HI5016 International Trade and Enterprise Project
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 betterthan 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.
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 orindustries and how Australia can benefit from these countries
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