What is meant by a country specialising in the production

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Reference no: EM131490101 , Length: word count:2500

Assessment Task: Individual Essay

Assessment Details

The recent Brexit vote in the United Kingdom and Donald Trump's accession to the White House has provided a challenge to the notion that countries gain from international trade.

You are required to:

(a) Explain how international trade increases a country's consumption.

(b) What is meant by a country specialising in the production of a good? Is it typical for countries to be completely specialised? Explain.

(d) Does everyone gain from international trade? If not, explain which groups lose.

This task will be assessed according to the following criteria:

Ability to understand and analyse the question asked and to develop a conceptual framework to address the issues raised by the question
Thoroughness of research undertaken, extent of relevant reading ( current publications, especially Australian where appropriate), and demonstrated understanding of research materials
Demonstrate the ability to analyse materials and draw valid conclusions to support arguments.

Reference no: EM131490101

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Reviews

len1490101

5/9/2017 8:51:35 AM

In addition, 2 marks will be awarded for presentation. This includes work free of formatting and spelling errors, the use of and numbering of diagrams and tables (where appropriate), correct in –text referencing and a reference list. The length of this essay should not exceed 2500 words. Appendices should only be used where appropriate and not to circumvent the word limit. An abstract or synopsis of up to 50 words is also required. Please note that you will not gain a scholarly understanding of the issues for this task if you do not read quality materials. It is not appropriate to use questionable internet sources.- you must access credible sources of information. Students should use the resources of the Federation University Australia library which can be accessed on-line.

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