[First and Last Name]
ECN3000 International Trade [your group no: (01 for morning group, and 02 for the afternoon)]
[Day] [Month] [Year]
Country: [Your Country]
CoC: [Choice of Country: Your Choice of Trading Partner of Your Country]
1. Synopsis of Country and CoC Context (5 points)
a. Which country will be your focus?
[Your Answer]
b. Which country will be your CoC?
[Your Answer]
c. Briefly describe the reason for your choice of country (CoC). How large is this country in the world trade? If it is not very large, is it likely that the CoC will extend its operations to your country in the near future (i.e. does it trade in the region)?
[Your Answer]
d. Is there any notable information about the COC’s history, competitive position, or current status that you think is important to mention?
e. The Product
Explain here the nature of the commodity you choose. For example, is it a labor-intensive product? A capital intensive, maybe? Does production require high level of technology? How this product relates to both countries (their main export or import, etc.)? Is this a very popular or rare product, what is the general demand for that product in the world markets?
With the above information, write your introduction (not by filling the above headings, but by starting “in this paper, I will ….)
2. Economic Relationships (15 pts)
a. Are these countries members of the WTO? If so, since what year?
[Your Answer]
b. How many other formal economic relationships do these countries have at present and with which other countries (i.e. trade agreements or other forms of economic integration)? Are there any others being negotiated?
[Your Answer]
c. Is the country involved in any important trade disputes – both within the WTO or otherwise? What industries are involved in each?
[Your Answer]
d. Do any of these disputes have particular significance for your CoC? If so, which and why?
[Your Answer]
e. Do these countries use any Trade Policy Instruments (anti-dumping, anti-subsidy, safeguard actions, etc. non-tariff barriers) against each other?
[Your Answer]
f. Is there anything else about the country’s economic relationships with other countries that have particular significance for your CoC? If so, please describe.
[Your Answer]
g. Is there any other aspect of the country’s economic relationships not covered above?
[Your Answer]
3. Trade Analysis (35 pts)
a. What are levels (amounts) of trade (exports and imports) in your country and in CoC?
[Your Answer – don’t forget basis of unit and scale!]
b. Exports constitute what percentage of GDP in these countries?
[Your Answer – don’t forget basis of unit and scale!]
c. What are the most important products imported and exported? (Your Country)
[Your Answer]
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Figure 1: Top 5 Exports [Year Data Published] |
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Figure 2: Top 5 Imports [Year Data Published] |
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[Your Citation]
d. Who are the most important trade partners (other countries)?
[Your Answer]
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Figure 3: Top 5 Export Partners [Year Data Published] |
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Figure 4: Top 5 Import Partners [Year Data Published] |
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e. Assess each of the above for a few selected years over the last decade: Have there been any important changes in the level of trade, types of trade, or trade partners? Any ideas for the reason for the changes? (When you select years, start with the most recently available – then go back 10 years, and then pick at least one year in the middle. If there was some important economic event in your country’s recent history, you might choose the year after that too to see if there were any important changes.)
[Your Answer]
f. What are the most important products imported and exported? (CoC)
[Your Answer]
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Figure 1: Top 5 Exports [Year Data Published] |
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Value [Units] |
Product |
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Figure 2: Top 5 Imports [Year Data Published] |
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g. Who are the most important trade partners (other countries)?
[Your Answer]
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Figure 3: Top 5 Export Partners [Year Data Published] |
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Value [Units] |
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Figure 4: Top 5 Import Partners [Year Data Published] |
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h. Regarding your CoC, if relevant, what are the country’s import tariff rates for the CoC? Are there any other types of trade restrictions and/or non-tariff barriers relevant to your CoC? If so, explain briefly.
[Your Answer]
i. How would you describe the country’s openness toward trade? In general, have there been any changes in this type of policy over the last 10 years?
4. Discussion of Findings (25)
Provide your discussion based on the above findings and relate them to the topics we covered in class, such as, trade theories, protectionism, free trade, trade policies, etc.).
Make a clear connection between your topic and material in the course.
5. Summary and conclusions (10)
Present a brief summary and conclusions on your findings. Policy recommendations are optional.
6. References (10)
APA style (see http://apastylecentral.apa.org/)
Plagiarism Statement
Include the following at the end of your paper.
I confirm that my paper is my individual work and I have given proper citation to all sources and that I understand that failures in this regard will be penalized and referred to the Academic Dean.
__________________________________ ___________________
Signature Date
Accuracy and Reliability:
You should verify the legitimacy of your resources. Keep in mind that, much of the information on the Internet is not reliable, since they often reflect opinions of people who are not experts on the areas. You may use institutional resources, such as, World Bank, IMF, WTO, NBER, UN, and individual countries’ official web sites.
If you would like to use individual people’s webpages, make sure that the author is recognized as an expert in the field. The recognized expert might be an author of published materials in scholarly periodicals or books. However, even though you use reliable sources, make sure you check for spellings, grammatical errors and logical inconsistencies in them.
Message boards and blogs should not be used in your paper.
Anything WIKI is questionable, thus should not referred in your assignment.
Objectivity:
Ideally, your source should be unbiased. However, you can use sources whose biases are known with special caution. Usually, an institutional authority may be biased and may disclose it. For example, the Webpage of FEE (Foundation for Economic Education: http://fee.org/about/) states that the Organization supports classical liberal tradition in free-market economics while a website on the command economies would not. You can use both kinds of sources, with caution.
Notes:
do not pick illegal goods
do not pick up countries which do not have reliable data
look at different patterns of data
produce an objective paper, not an advocacy piece
keep in mind that your target audience is your classmates, i.e. do not keep your paper at the most simplistic way.
Finally, among others, the following links are of great use for your assignment. However, you should NOT restrict your references with these, only.
http://siteresources.worldbank.org/INTRANETTRADE/Resources/Pubs/Guide_To_Trade_Data_Analysis.pdf
