Analyze the impact of the Covid-19 pandemic and trade tensions (such as between the US and China, and between Australia and China) on the Home country’s trade balance. A good analysis should include, and take into account: (i) The country’s overall trade picture in the past one or two decades. (ii) Which trade models can be used to explain for the trade pattern of your country with its top 5 or 10 trade partners (you may want to separate top export destinations and top import destinations)? (iii) Graphs, charts, or figures (make sure you provide sources). (iv) Challenges as well as opportunities from the US-China or Australia-China trade tensions. (v) The Covid-19 pandemic and the country’s responses, and possible recovery paths. How all of these may improve or worsen the country’s trade position (vi) And, of course, you may consider any other factors.
Microsoft Word - ECON8047 International Trade Assignment (1) 1 ECON8047 International Trade – S2, 2020 Compulsory Assignment (20%) Due 11pm Sunday, October 04, 2020 Question: Choose your HOME country as a case study (e.g., if you are from Vietnam, the Home country is Vietnam). Analyze the impact of the Covid-19 pandemic and trade tensions (such as between the US and China, and between Australia and China) on the Home country’s trade balance. A good analysis should include, and take into account: (i) The country’s overall trade picture in the past one or two decades. (ii) Which trade models can be used to explain for the trade pattern of your country with its top 5 or 10 trade partners (you may want to separate top export destinations and top import destinations)? (iii) Graphs, charts, or figures (make sure you provide sources). (iv) Challenges as well as opportunities from the US-China or Australia-China trade tensions. (v) The Covid-19 pandemic and the country’s responses, and possible recovery paths. How all of these may improve or worsen the country’s trade position (vi) And, of course, you may consider any other factors. Word Limitation: As a guide, the assignment should be between 1,200 – 1,400 words (excluding references). Format Requirements: Any font with a font size of 12. Referencing, both in text and in the reference list, of sources is required. Any reference style/format is accepted. 2 Make sure your name and ID are on every page of the submitted assignment. Submission: The assignment must be submitted online via the unit’s web page by 11pm on Sunday, 04 October 2020. Plagiarism: Each assignment must represent the student's own work. In particular, this means that the written answers submitted by the student should be composed by that student. Copying of another student's answer or from references or any other sources, or getting someone else (with or without payment) to do the assignment for you, or part thereof, is clearly regarded as plagiarism. Cases of plagiarism will be dealt with severely. For further information on plagiarism and how to avoid it, please refer to the university policy about academic honesty and integrity. Late submission: No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24- hour period or part thereof that the submission is late (for example, 25 hours late in submission incurs a 20% penalty). Late submissions will be accepted up to 96 hours after the due date and time. This penalty does not apply for cases in which an application for Special Consideration is made and approved. Note: applications for Special Consideration must be made within 5 (five) business days of the due date and time.