TRADE 5000 - International Trade: Negotiations & Agreements
North Terrace Campus - Trimester 3 - 2019
General Course Information
Course Code TRADE 5000 Course International Trade: Negotiations & Agreements Coordinating Unit Institute for International Trade Term Trimester 3 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 36 hours 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.
The course is delivered through a blended learning approach with teaching materials and online modules provided through the MyUni course page. Students are expected to complete all online modules prior to the face-to-face sessions.
Course Coordinator: Professor Peter Draper
Name: Professor Peter Draper Role: Course coordinator Location: Level 5, Nexus 10 (10 Pulteney Street) Email: firstname.lastname@example.org
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 Evaluate 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 Explain the elements of international trade by reviewing the historical development of multilateral agreements and instruments of trade policy; 3 Critically reflect on how trade agreements are negotiated in the WTO; 4 Analyse the influence of key actors and institutions on multilateral trade; 5 Critically examine the operation and application of multilateral trade agreements in a practical context; and 6 Apply effective writing, research and presentation skills in the construction of policy argument and analysis on international trade 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) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1,2,3 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
2 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
1,3 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
1,2,3 Intercultural and ethical competency
- adept at operating in other cultures
- comfortable with different nationalities and social contexts
- able to determine and contribute to desirable social outcomes
- demonstrated by study abroad or with an understanding of indigenous knowledges
1,3 Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
Required ResourcesThe following readings will be provided in e-book format via Myuni - there is no need to purchase them.
Robert Gilpin (2001) Global Political Economy: Understanding the International Economic Order. Princeton: Princeton UP. Chapter 4.
Nicholas Bayne and Stephen Woolcock (2003) The New Economic Diplomacy: Decision-Making and Negotiation in International Economic Relations. Aldershot: Ashgate. Chapter 1.
John S. Odell (2000) Negotiating the World Economy. Ithaca: Cornell University Press. Chapter 2.
Students are provided with a number of e-learning videos that will be assessed online via Myuni.
Bernard Hoekman, Aaditya Matoo, and Philip English (2002) Development, Trade, and the WTO. Washington: World Bank. Various chapters, to be communicated via Myuni. (pdf freely available online)
Paul Blustein (2009) Misadventures of the Most Favoured Nations: Clashing Egos, Inflated Ambitions, and the Great Shambles of the World Trade System. New York: Public Affairs.
The WTO’s website contains a wealth of information on the organization and its covered agreements. Students should regularly refer to it.
Students will be provided with WTO accession negotiation simulation packs, containing the core materials you need.
The WTO’s website contains a wealth of information on the organization and its covered agreements. Students should regularly refer to it.
Recommended ResourcesThe WTOâs website contains a wealth of information on the organization and its covered agreements. Students should regularly refer to it.
Students will also be provided with a number of e-learning videos that will be assessed online via Myuni.
Paul Blustein (2009) Misadventures of the Most Favoured Nations: Clashing Egos, Inflated Ambitions, and the Great Shambles of the World Trade System. New Yourk: Public Affairs.
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 Learning & Teaching modes of this course will comprise of a mix of online and face-to face modules. These will include group work and presentations, discussions and debate.
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 Institute requires students undertaking this course to attend all face-to-face modules and to successfully complete all online/e-modules. This course comprise of approximately 36 contact hours (structured learning). In addition to time spent in class, students are expected to devote an additional 120 non-contact hours to study and research work in this course as well as to successfully complete online/e-modules.
Learning Activities Summary
Trade in the Modern World Economy
Students will review key theoretical concepts of international political economy in relation to the evolution of the post World War Two international economy. The institutional architecture comprising the Liberal International Economic Order will be covered, with attention to the IMF, World Bank, and WTO. The underlying nature of the system will be reviewed, in relation to the evolving balance between national prerogatives (sovereignty), the domestic actors and interests that shape national political economy, and the interaction between nation states and the institutions governing the global economy. 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; the key principles that govern the system; and the functioning of the system itself. Within this, the main instruments of trade policy will be explored, with practical application to trade negotiations in the WTO context. The contours of increasingly sharp debates about the impacts of trade integration on national economic development in various contexts will also be reviewed. Module III: The Negotiation of Trade Agreements Students will participate in an intensive negotiation simulation where theoretical and institutional insights developed in modules 1 and 2 will be applied. The focus will be on the WTO, with students divided into groups representing countries wishing to accede to the organization, and existing members with whom the acceding members must negotiate access.
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 Task Task Type Due Weighting Learning Outcome Online quizzes Formative Before each Modules 15% 1,2,3,4 Discussion board participation Formative Before each Modules 10% 1,2,3,4 Group work Formative Module 2 30% 3,4,5,6 Peer assessment Formative Module 2 5% 5,6 Report/Policy brief Summative End of Term 40% 1,2,3,4,5,6
Assessment DetailOnline Quizzes (15%)
Students will be required to complete online assessments on MyUni prior to the face-to-face sessions (Modules).
Discussion board participation (10%)
Students will be assessed based on their contributions on the discussion board.
Group work (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.
SubmissionAll written assignments must be submitted as softcopy through Turnitin on the MyUni course page.
All assignments must be presented professionally with clear headings, appropriate referencing and using one and a half spacing.
Your name and student ID must be presented on the title page.
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 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.
Online feedback on assignments will normally be returned within four 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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