Discuss the two types of trade flow that underlie the growth

Assignment Help Business Management
Reference no: EM131501231

International Business Assignment

This assignment will assess the following learning outcomes:

1. An understanding of a variety of international environmental effects on business.

2. An analysis of the impact of uncertainty on international business behaviour.

3. Demonstrate independent learning in preparation for assignment.

Assignment - International Business

The data shown below reflect the growth of world merchandise trade (exports) for the period 1870-2007. Critically analyse the facts and respond to the four (4) tasks enumerated below:

The rapid growth of world trade over the last century reflects, at least in part, the fact that nations have become more interrelated as they attempted to gain the benefits of free trade. The table below compares the relative growth of world trade and world output from 1870 to 2007. It shows that the growth rate of world merchandise trade (exports) has exceeded the growth of world output (GDP) in four of the five periods. The post-Second World War period (1950-73) saw an unprecedented growth of world trade which far outstripped the growth of world production (Wall, S. & Ress, B., 2010).

Growth in world GDP and merchandise trade 1870-2007 (average annual % change)












Trade (exports)






Source: Adapted from WTO, International Trade Statistics (various) and Annual Reports (various)

Given the information above:

1. Discuss the two types of trade flow that underlie the recorded growth in world trade.

2. Select one type of trade flow and apply it to the country of your choice that is currently involved in world merchandise trade.

3. Provide the country's 5-year net export figure (2010-2015):

a. Evaluate its performance based on the given data and discuss whether the balance of trade is a "favourable" surplus (exports exceed imports) or an "unfavourable" deficit (imports exceed exports) to the domestic producers and domestic consumers.

b. Examine its effect on the country's gross domestic product (GDP). Show the actual relationship, with figures and chart.

4. Determine the measure/s to sustain a positive net export or method/s to restrict the level of imports that when left unabated will lead to realising a negative net export. (Note: the method may be against the essence of free trade, in this case, come up with justification/s for the use of such a method).

Verified Expert

This assignment is written with a focus on International Business and trade flows in the international market. Every country is aiming to develop exports for the country and discourage the unnecessary imports for the country. the assignment discusses in details the trade flow followed in Australia. The position of Australia in last five years is analyzed taking GDP, trade balance and value of trade in consideration. the analysis show that Australia is in need of improving its exports and measure to do that is added in the assignment. The assignment ends with a conclusion that summarizes the purpose and finding of the assignment. Recommendation is added to help Australia in improving its exports.

Reference no: EM131501231

Previous Q& A

  Explain what you observed in terms of instructional practice

In the Observation column, explain what you observed in terms of instructional practice, behavior interventions and modifications, and systems.

  Determining the poisson distribution

A company has two assembly lines, each of which stalls an average of 2.4 times per week according to a Poisson distribution.

  What is the probability that in any hour exactly

What is the probability that in any hour exactly six complaints will be received?

  Amounts of weight change

Listed below are the amounts of weight change (in pounds) for 12 women during their first year of work after graduating from college.

  Ambulance service receives an average

An ambulance service receives an average of 15 calls per day during the time period 6 p.m. to 6 a.m. for assistance.

  Provide a case example illustrating the principle

How can counselors challenge a client without getting into a power struggle with a client, or provoking client defensiveness?

  Find the variance for the given data

Find the variance for the given data. Round your answer to one more decimal place than the original data.

  Find the variance for the given data

Find the variance for the given data. Round your answer to one more decimal place than the original data.

  Why are vitamins an important part of daily nutrient intake

Why are vitamins an important part of daily nutrient intake? What are fat-soluble vitamins? What are high nutrient sources of these vitamins?

  Estimating the normal distribution

"Normal Distribution" (Note: Please respond to one [1] of the following two [2] bulleted items)



6/15/2017 6:10:15 AM

I am a student of UAE; we are allotted with periodical project consistently. Once in a while the level of many-sided quality and perplexity is high in the homework there just trust remains is the specialists help from Experts Mind. I generally get a top review by the solutions by Experts' group.


6/15/2017 4:08:30 AM

Kindly do the assignment with 0 percent copy as I will be terminated from my university if I get caught for plagiarism. So, please consider this point as I cannot risk at all Also, kindly use the country of UAE as for the question number 2 as I live in UAE kindly submit the assignment by tomorrow if possible as I need to review it and submit it for final review I would like to draw your attention that I want an introduction that contains a narrative of current international trade & economy of 150 words explaining two types of trade flow with examples. Additionally, brief summary of the main body giving emphasis that growth in world trade (exports) in consistent/not consistent with rising economic prosperity (GPD) of 150 words, and formulate suggestions based on the findings of 150 words. at least 10 references using Hravarad referencing system


5/19/2017 3:07:18 AM

Total No of Pages/Words: 2000. Assignments must be submitted by the due date. State the number of words used at the end of your assignment. You may include diagrams, figures etc. without word penalty. A sliding scale of penalties for excess length will be imposed according to the amount by which the limit has been exceeded. Introduction-Narrative of current international trade & economy (150 words) (5 marks) and Explanation of the two types of trade flow with example/s (150 words) (10 marks).


5/19/2017 3:07:10 AM

Main Body (Contents & Discussion) - Application of the type of trade flow to the country that is involved in world merchandise trade (300 words) (15 marks) and Evaluation of the country's performance based on its 5-year net export figures (400 words) (20 marks) and Examination of the relationship of actual 5-year net export figure vis-à-vis the GDP data for the same period (400 words) (20 marks). Determination & justification of the use of measures/methods in relation to sustaining a positive net export and abating a negative net export (300 words 15marks) Conclusion & Recommendation- Brief summary of the main body giving emphasis that growth in world trade (exports) is consistent/not consistent with rising economic prosperity (GDP) (150 words) (5 marks) and Formulate suggestion/s based on the findings 150 words-5 marks. Academic References- At least 10 references using Harvard Referencing System (5 marks).

Write a Review


Similar Q& A

  Explain if it is significant you should not try to interpre

Explain If it is significant, you should not try to interpret the main effects at all and Explain why this is the case, giving an example to illustrate your explanation.

  Ergonomics hazard assessment

Ergonomics Hazard Assessment In Units IV, VII, and VIII, you will be building a course project that will assess ergonomic risks and provide strategies to improve a workstation of your choice.

  Develop effective groups and teams

Imagine you are working for a successful company that has spent a lot of time focusing strategically on its organizational behavior. Your company has started to gain recognition from similar companies regarding its effective groups and teams. Rec..

  Press release on ethics interest

Rejuvenation, Inc. is a company that manufactures and sells parts and fixtures for older homes. Much of its success stems from its reputation as a company with high moral values and a strong commitment to people and the planet.

  Concentration of the solution

A solution has a hydrogen ion concentration ([H+]) of 3.1 x 10-8M. What is the hydroxide ion ([HO-]) concentration of the solution?

  What is tec expected profit with the traditional arrangement

What is TEC's expected profit with the traditional arrangement. - What is TEC's expected profit if it offers the reactive capacity to O'Neill and TEC's first production run equals O'Neills first production order?

  What are the probable advantages of a compressed work week

What are the probable advantages and disadvantages of a compressed work week? Would you need to work in a compressed work week? Why or why not? Reply to at least two of your classmates' postings.

  Discuss as well as identify ways in which organizational

Discuss as well as identify ways in which organizational politics are beneficial to the organization and to the individual. How does the leader's power influence politics in an organization

  Price elasticity of demand for the hershey company

What are the factors that affect total revenue including but not limited to price elasticity of demand for the Hershey company?

  Meaning of future values vs present

Explain the meaning of future values VS present values calculation in money and banking.

  Provide a sense of progress for employees working

"Why do you think making progress ranks as the most important factor contributing to motivation according to a recent study? How can managers provide a sense of progress for employees working on long-range projects that might not show results for ..

  What is the system of checks and balances in the us governme

What is the system of checks and balances in the U.S. government? Who or what agencies are involved in the separation of powers and checks and balances? Does this have any impact on the practice of emergency management? (Don't just think about the..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd