TRADE 5001 - International Trade: Strategies & Opportunities

North Terrace Campus - Semester 1 - 2024

International Trade: Strategies and Opportunities typcially consists of three modules. Module I New Opportunities in International Trade generally covers: WTO rules for regional trade agreements (RTAs) and RTA negotiating modalities and techniques; politics of trade negotiations; new opportunities resulting from APEC and major new RTAs including AANZFTA and the Trans-Pacific Partnership; understanding statistics and other trade information; and how RTAs and mutual recognition agreements affect the movement of people. Module II Practical Aspects of International Trade generally covers: practical preparations for entering export markets; partnership possibilities in international trade; assistance in exporting. Module III: WTO's 'New Issues' generally has a focus on competition policy; foreign direct investment and investment agreements and dispute settlement. The course is typically delivered through a blended learning approach with teaching materials and online modules provided through the MyUni course page. In this mode, students are expected to complete all online modules prior to the face-to-face sessions.

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Course Details

Course Code	TRADE 5001
Course	International Trade: Strategies & Opportunities
Coordinating Unit	Institute for International Trade
Term	Semester 1
Level	Postgraduate Coursework
Location/s	North Terrace Campus
Units	3
Contact	Up to 36 hours
Available for Study Abroad and Exchange	Y
Assumed Knowledge	TRADE 5000, INTBUS 7500
Assessment	Typically, participation, group work, online quizzes, final assignment.

Course Staff

Course Coordinator: Professor Peter Draper

Course Timetable

The full timetable of all activities for this course can be accessed from Course Planner.

Course Learning Outcomes

The 'International Trade: Strategies & Opportunities'course aims to build internationally competitive knowledge and understanding in the area of international trade by challenging students to engage in cognitive and critical thinking skills; 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.

On successful completion of this course, students will be able to:

1	Analyse new opportunities in international trade such as global supply and value chains, investment agreements, trade in services, competition policy and regional economic integration
2	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
3	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
4	Debate of how international trade agreements influence the development and adaptation of Australian trade policy through domestic legislation
5	Apply effective oral and writing/research skills in the construction of policy argument, trade negotiation and analysis on international trade and domestic policy issues

University Graduate Attributes

This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

University Graduate Attribute	Course Learning Outcome(s)
Attribute 1: Deep discipline knowledge and intellectual breadth Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.	1,2
Attribute 2: Creative and critical thinking, and problem solving Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.	1,2,3,4,5
Attribute 3: Teamwork and communication skills Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.	4,5
Attribute 4: Professionalism and leadership readiness Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.	1,3,5
Attribute 5: Intercultural and ethical competency Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.	4,5
Attribute 7: Digital capabilities Graduates are well prepared for living, learning and working in a digital society.	1,2,3,5,6
Attribute 8: Self-awareness and emotional intelligence Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.	1,2,3,4,5

Required Resources

TBA on the MyUni course page.

Recommended Resources

The World Trade Organization: www.wto.org
The Department of Foreign Affairs and Trade: www.dfat.gov.au/
AANZFTA – Guide to the Agreement: http://dfat.gov.au/trade/agreements/aanzfta/official-documents/Documents/aust_guide_whole.pdf
Regional Comprehensive Economic Partnership Agreement (RCEP): http://dfat.gov.au/trade/agreements/rcep/pages/regional-comprehensive-economic-partnership.aspx
The Trans-Pacific Partnership Agreement (TPP): http://dfat.gov.au/trade/agreements/tpp/Pages/trans-pacifici-partnership-agreement-tpp.aspx
The China Australia Free Trade Agreement (ChAFTA): http://dfat.gov.au/trade/agreements/chafta/Pages/australia-china-fta.aspx
Trade impact study for South Australia in relation to the China-Australia Free Trade Agreement (ChAFTA): http://statedevelopment.sa.gov.au/upload/china/chafta-trade-impact-study.pdf?t=1495238400023
APEC: http://dfat.gov.au/international-relations/regional-architecture/apec/Pages/asia-pacific-economic-cooperation-apec.aspx
Investment & OECD PFI: http://www.oecd.org/investment/pfi.htm
Competition Policy: http://www.oecd.org/competition/

Online Learning

Information Students Can Obtain for Free from:

**Department of Foreign Affairs and Trade**
Overview and Key Outcomes of the AANZFTA	www.dfat.gov.au/fta/aanzfta/aanzfta_overview_and_outcomes.html
Trans-Pacific Partnership	www.dfat.gov.au/fta/tpp/
Korea-Australia FTA Official Documents	www.dfat.gov.au/fta/kafta/official-documents/index.html
Trade and Economic Framework Between Australia and the People’s Republic of China Department of Foreign Affairs and Trade	www.dfat.gov.au/geo/china/framework/economic_framework.html

Learning & Teaching Activities

Learning & Teaching Modes

The Learning & Teaching mode of this course is a weekly workshop. The workshops will include group work and presentations, discussions and debate.

Workload

The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

Students are typically expected to spend 12 hours per week per course, including the 3-hour workshop.

Learning Activities Summary

No information currently available.

The University's policy on Assessment for Coursework Programs is based on the following four principles:

Assessment must encourage and reinforce learning.
Assessment must enable robust and fair judgements about student performance.
Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
Assessment must maintain academic standards.

Assessment Summary

Assessment Task	Task Type	Due	Weighting	Learning Outcomes
Online quizzes	Formative	Before each module	15%	1,2,3,4,5
Active participation	Formative	Weekly	10%	1,2,3,4,5
Group presentation	Formative	Module 2	30%	1,2,5
Peer assessment	Formative	Module 2	5%	1,2,5
Report/policy brief	Summative	End of semester	40%	1,2,3,4,5

Assessment Detail

Online Quizzes (15%)
Students will be required to complete online assessments on MyUni prior to the face-to-face sessions (Modules).

Active participation (10%)
Students will be assessed based on their contributions during the sessions.

Group-based presentation (30%)
Groups will be formed in Module 1. Students will work on and resolve a problem/case assigned by the lecturer and present their results to the class.

Peer assessment (5%)
Group members are expected to evaluate the conduct and contributions of their team members through peer evaluation.

Report/Policy brief (40%)
Students will individually work on a report/policy brief assigned by the lecturer. Students are to synthesize materials, concepts, topics and tools covered throughout the course. Students are expected to demonstrate their ability to apply knowledge while expressing themselves clearly and in a structured manner.

Submission

No information currently available.

Course Grading

Grades for your performance in this course will be awarded in accordance with the following scheme:

M10 (Coursework Mark Scheme)
Grade	Mark	Description
FNS		Fail No Submission
F	1-49	Fail
P	50-64	Pass
C	65-74	Credit
D	75-84	Distinction
HD	85-100	High Distinction
CN		Continuing
NFE		No Formal Examination
RP		Result Pending

Further details of the grades/results can be obtained from Examinations.

Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

Final results for this course will be made available through Access Adelaide.

Student Feedback

The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
Student Support
Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
Fraud Awareness

Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Authorised by:	Deputy Vice-Chancellor and Vice-President (Academic)
Maintained by:	Course Outlines Administrator