Course Description
This course prepares students to understand, assess, and consider global trade opportunities and strategies for realising them. This course prepares students to build competitive knowledge and understanding in international trade by challenging them to engage in cognitive and critical thinking skills, independent learning and analysis, and requiring them to demonstrate the ability to analyse and integrate information across the broad disciplines of economics, law and politics in both a domestic and international context.
Learning Outcomes
- Analyse new opportunities in international trade, such as global supply and value chains, investment agreements, trade in services, competition policy and regional economic integration.
- Critically examine the operation and application of regional economic integration tools such as international trade agreements in a practical context and from a sectoral aspect.
- Analyse the practical aspects of international trade including the entering of export markets, financing and export assistance, legal regulations and documentation as well as government controls such as SPS biosecurity and customs.
- Debate of how international trade agreements influence the development and adaptation of Australian trade policy through domestic legislation.
- Apply effective oral presentation and writing/research skills in the construction of policy argument, trade negotiation and analysis on international trade and domestic policy issues.
Learning Experience
Note: After course development, a thorough review found an unfortunate number of instances where textbook material had been replicated without citation or reference. This warranted a comprehensive review and edit before rollout to students.
Topics
- Introduction to the Global Trading System
- Negotiating Modalities and Techniques
- The Emergence of Regional Trade Agreements
- Australia's Experience with Regional Trade Agreements
- Identifying Export Opportunities from Trade Agreements
- Complexities for Exporters in Trade Agreements
- Government Trade Support Programs
- Risk Management in Terms of Trade
- Foreign Direct Investment
- Australian Foreign Investment Regulation
- Competition Policy and International Trade
- Dispute Settlement in International Trade
Development Team
Nathan Gray
Course Author
Jonno Klynsmith
Learning Designer
Lead
Assessments
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Quizzes
Interactive Questions
These quizzes provide learners with regular check-in and ensures that concepts from the course material have been understood.
10%
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Reflective portfolio
Portfolio
Each week learners consider specific questions based on the learning materials from the week, and write short reflections examining their relevance to personal experience, businesses and their community.
10%
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Executive briefing
Critical Analysis
Learners review an official Free Trade Area agreement and generate an executive briefing that summarises the implications and impact on a government department.
10%
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Technical presentation
Report
Learners develop a targeted international market assessment, reviewing overlapping bi-lateral and multilateral trade agreements to determine which international market provide the highest market potential.
30%
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Policy brief
Report
This policy brief requires learners to advocate and argue for trade and investment approaches to use in negotiations with other countries.
40%
Snapshots
Learning Resources
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'Trade through colonisation' H5P map
Brief interactive map demonstrating the history and expansion of global trade. Demonstrates some of the precise illustrative work done by the media team.