СRITIСАLLY DISСUSS THЕ BЕNЕFITS ОF FRЕЕ ТRАDЕ АGRЕЕMЕNT (FТА). IN THЕ СОNTЕХT ОF СHINА’S ЕMЕRGЕNСЕ АS А РОWЕRFUL ЕСОNОMY, DISСUSS THЕ BЕNЕFITS THАT СHINЕSЕ FIRMS MIGHT GАIN FRОM АUSTRАLIА-СHINА FRЕЕ ТRАDЕ АGRЕЕMЕNT. SЕLЕСT АNY ОNЕ INDUSTRY. СRITIСАLLY DISСUSS THЕ BЕNЕFITS ОF FRЕЕ ТRАDЕ АGRЕЕMЕNT (FТА). IN THЕ СОNTЕХT ОF СHINА’S ЕMЕRGЕNСЕ АS А РОWЕRFUL ЕСОNОMY, DISСUSS THЕ BЕNЕFITS THАT СHINЕSЕ FIRMS MIGHT GАIN FRОM АUSTRАLIА-СHINА FRЕЕ ТRАDЕ АGRЕЕMЕNT. SЕLЕСT АNY ОNЕ INDUSTRY.
| Introduction | a. Briefly discuss the importance of cross-country trade and investment agreements in the context of changing international business environment |
| Reasons to sign FTA
Overall Analysis |
a. Briefly outline reasons for which a country prefers to sign a FTA with a key trading partners
b. Explain how FTA can enhance competitive advantage and promote bilateral trade and investment opportunitiesNote for students:
· Conduct analysis using relevant IB concepts (ie Institutional Based View, L-advantages, Transaction Costs, Comparative Advantage, Strategic Trade Theory, Theory of National Competitive Advantage). · Apply analytical skills to business challenges · Use business ethics issues in developing your arguments (environment, employment, wages, working conditions etc.)
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| FTA between Australia and China
Country Specific Analysis |
a. Analyse the opportunities created by the FTA between Australia and China
b. What are the competitive advantages that this FTA will offer to Chinese firms? C. Discuss how Chinese business firms can leverage opportunities created through this FTA.Note for students:
• €Apply relevant IB theories · Use supportive evidences, with facts & figures to substantiate your arguments
|
| Impact of FTA
Industry Specific Analysis |
a. Analyse industry-specific opportunities and challenges
b. Briefly discuss new avenues of FDI that have been created and how Chinese business firms can utilise competitive/locational advantages of Australia
c. Critically analyse locational advantages that a Chinese firm can utilise to improve its competitive positionNote for students:
· Apply relevant IB theories · Select an industry to identify business prospects · Consider the value chain related advantages
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| Conclusion | · Demonstrate that you have understood the factors influencing growth in the Asia Pacific region and reasons for Australia’s decision in signing FTAs
· Demonstrate that you have advanced knowledge to Masters’ level in International Business |
| Report structure | a. Good combination of academic journal articles and country- industry-company reports b. Harvard referencing system and correctly structured reference list c. Good English grammar and within word limit |
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