TRADE 5000 - International Trade: Negotiations & Agreements
North Terrace Campus - Semester 1 - 2015
General Course Information
Course Code TRADE 5000 Course International Trade: Negotiations & Agreements Coordinating Unit Institute for International Trade Term Semester 1 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact 3 x 1.5 day intensive modules Available for Study Abroad and Exchange Y Course Description International Trade: Negotiations and Agreements consists of three modules: Module I: Trade in the Modern World Economy: an introduction to the global economy and international trade; gains from trade; value-added statistics for international trade; global and regional agreements and institutions; social issues and international trade. Module II: Trade Agreements and Instruments of Trade Policy: main agreements in the WTO trading system; understanding schedules of concessions in goods, services & agriculture; conduct of trade negotiations. Module III: Negotiation of Trade Agreements: characteristics of non-WTO economies; the politics, conduct and consequences of WTO accession; dispute settlement in ; organisation of the Australian and United States governments on trade issues; and lobbying (success and failure case studies) in connection with trade negotiations.
Course Coordinator: Mr Andrew Stoler
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning OutcomesThe International Trade: Negotiations and Agreements 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 Understand trade in the modern world through studying the global institutions involved in the multilateral trading system, the gains from trade and social issues affected by trade; 2 Understand the basic elements of international trade by reviewing the main trade agreements and instruments of trade policy from a sectoral aspect; 3 Understand how trade agreements are negotiated in the WTO as well as government organisations and the politics of lobbying for specific issues; 4 Develop an understanding of how international trade agreements influence the development and adaptation of Australian trade policy through domestic legislation; 5 Critically examine the operation and application of international trade agreements in a practical context; 6 Develop effective skills, both orally and in writing, in the construction of policy argument and analysis on international trade issues; and 7 Develop effective skills in international trade research.
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) Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1,2,3,4,5,6,7 The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 4, 5, 6, 7 An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 6, 7 Skills of a high order in interpersonal understanding, teamwork and communication. 6 A proficiency in the appropriate use of contemporary technologies. 1, 2, 3, 4, 5, 6, 7 An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 1, 2, 3, 4
Recommended ResourcesSee Online Learning
Online LearningThe course makes extensive use of MyUni for the posting of course materials and important announcements. It is expected that all students will regularly check the MyUni course website, and regularly check their university email accounts.
Books Students Can Obtain for Free Online
From the World Trade Organisation Understanding the WTO http://www.wto.org/english/thewto_e/whatis_e/tif_e/understanding_e.pdf GATS – Fact and Fiction http://www.wto.org/english/tratop_e/serv_e/gatsfacts1004_e.pdf Managing the Challenges of WTO Participation: 45 Case Studies https://www.wto.org/english/res_e/booksp_e/casestudies_e/casestudies_e.htm Through the Barr Smith Library online catalogue, the following e-Books used in this course The World Trading System – Law and Policy of International Economics Relationsn cell The Political Economy of the World Trading System – The WTO and Beyond
Learning & Teaching Activities
Learning & Teaching ModesThe course will be presented by way of three (3) intensive one day and a half modules offered over Semester 1 of the academic year.
Teaching will be partly by way of lecture and partly on the basis of a discussion of written case studies. Please ensure you bring your materials to the classes, and use the classes to address any issues that have arisen in your preparation.
To successfully pass your course, you will need to allocate an appropriate time commitment to your study. In addition to the formal contact time required for each of your courses (e.g. intensive modules delivered by lectures, case studies and group work), you will need to allocate non-contact time.
Non-contact time will be required for a range of activities which may include, but are not limited to, assessment tasks, reading, researching, note-taking, revision, writing, consultation with staff, and informal discussions with other students.
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. Students in this course are expected to attend all classes throughout the semester. Please refer to Access Adelaide for your timetable and enrolment details http://www.adelaide.edu.au/access/.
In addition to time spent in class and reading materials required for active participation in the class, students will be required to write two 1,500 word take-home essays as part of the assessment process for this class. Overall, students in TRADE 5000 should expect to devote up to 156 contact and non-contact hours to study in this course.
Learning Activities Summary
Trade in the Modern World Economy
In this first module, students review international economic theory as it applies to global trade and familiarize themselves with basic theoretical and graphical representations of trade models. The growth, development, gains and downsides of our globalized economy are reviewed and students are exposed to the many social issues that have become intertwined with the operation of the trading system, including trade and the environment, trade and health, trade and respect for labour standards and corporate responsibility issues for multinationals. The module also covers the principal international institutions contributing to the governing of the modern economy, with particular emphasis on WTO, UNCTAD, OECD, IMF and the World Bank. Module II: Trade Agreements and Instruments of Trade Policy The focus of this module is the WTO system and the myriad of multilateral trade agreements that form the basis for governance of modern international trade. Students also learn how to craft and interpret national schedules of concessions in goods, services and agriculture. Principal instruments of trade policy and their economic effects are studied. The module also covers the conduct of trade negotiations and explains the differences between agreements negotiated at the bilateral, regional and multilateral levels. Module III: The Negotiation of Trade Agreements This module is addressed in part to the mechanics of the multilateral system, in particular WTO accession negotiations and impacts on the global economy. Major multilateral negotiating rounds, including Uruguay Round outcomes and Doha Round negotiating modalities are covered in detail. The students are instructed on the operation of dispute settlement mechanisms in Australia’s multilateral agreements. The organization of the Australian Government for the development and conduct of trade policy is explored and compared to that of the United States. How a business can successfully influence government negotiators through lobbying is also covered in this module.
Specific Course RequirementsAs this is an intensive course, students in this course are expected to attend all classes throughout the semester
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 SummaryThere are two aspects of assessment for this course: two take home essay assignments and a final examination. Each part of the assessment is compulsory. This means that if any one of the items of Assessment is not undertaken / submitted, the marks assigned for that assessment will be forfeited, subject to the exceptions identified in the following section, and the final mark obtainable will be reduced by that amount.
Assessment Task Task Type Due Weighting Learning Outcome Module I Assignment Summative
TBA- Usually 2 weeks after Module I seminars
25% 1,2,6,7 Module II Assignment Summative Usually 2 weeks after Module II seminars 25% 2,3,5,6,7 Final Examination Summative Please check your personal examination timetable via Access Adelaide 50% 1,2,3,4,5,6,7
No information currently available.
SubmissionAssignments must be submitted two ways:
1. Softcopy through Turnitin on MyUni
AND2. Hardcopy in the assignment drop-box. This is located on the ground floor of Nexus 10 (10 Pulteney St).
Your assignment MUST include the IIT assignment cover sheet which can be downloaded from MyUni under “Assignments”. Each page must be numbered with your student ID and name.
All assignments must be presented professionally with clear headings, appropriate referencing and using one and a half spacing.
Extensions will only be granted if requests are received in writing to the course coordinator at least 24 hours before the final due date unless they are requested on medical or compassionate grounds and are supported by appropriate documents.
Please contact the course coordinator, preferably by email, at any time to make an appointment for assistance or guidance in relation to course work, assignments or any concerns that may arise. Assignments will normally be returned two weeks after they have been submitted.
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.
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.
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangement Policy
- Academic Honesty Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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