Columbia BBA 4653 – International Trade

BBA 4653 International TradeI need unit VI-VIII Course Syllabus Course DescriptionProvides a solid background of the key factors that influence international trade and the manner in which economic policyaffects both trade flows and the nature of economic activity. Relationships between trade and growth effects of labor andcapital movements between countries and the key factors that influence relative costs between countries are alsoexamined. Course TextbookTaylor A. M. & Feenstra R. C. (2014). International trade (3rd ed.). New York NY: Worth Publishing. Course Learning OutcomesUpon completion of this course students should be able to:1.2.3.4.5.6.7.8.9.10. Examine why countries trade.Discuss how trade affects production and consumption.Define important terms in international trade.Describe the major theories and models used in international trade.Analyze how importation of goods will raise consumption and lower production in the importing country.Examine the recent trends in international trade.Compare balanced economic growth and biased economic growth.Distinguish the effects of trade industry and other import restrictions.Examine how firm-specific advantages can overcome inherent disadvantages of international trade.Discuss international trade policies and agreements. CreditsUpon completion of this course the students will earn three (3) hours of college credit. Course Structure1. Unit Learning Outcomes: Each unit contains Learning Outcomes that specify the measurable skills andknowledge students should gain upon completion of the unit.2. Unit Lesson: Each unit contains a Unit Lesson which discusses unit material.3. Reading Assignments: Each unit contains Reading Assignments from one or more chapters from the textbook.A Suggested Reading is listed in the Unit II study guide to aid students in their course of study. The reading itselfmay not be provided in the course but students are encouraged to read the resource listed if the opportunityarises as it contains valuable information that expands upon the lesson material. Students will not be tested ontheir knowledge of the Suggested Reading.4. Key Terms: Key Terms are intended to guide students in their course of study. Students should pay particularattention to Key Terms as they represent important concepts within the unit material and reading.5. Unit Assessments: This course contains eight Unit Assessments one to be completed at the end of each unit.Assessments are composed of written response questions.6. Unit Assignments: Students are required to submit for grading Unit Assignments in each unit. Specificinformation and instructions regarding these assignments are provided below. Grading rubrics are included withthe assignment in each unit. Specific information about accessing these rubrics is provided below. BBA 4653 International Trade 1 7. Ask the Professor: This communication forum provides you with an opportunity to ask your professor general orcourse content related questions.8. Student Break Room: This communication forum allows for casual conversation with your classmates. CSU Online LibraryThe CSU Online Library is available to support your courses and programs. The online library includes databases journals e-books and research guides. These resources are always accessible and can be reached through the librarywebpage. To access the library log into the myCSU Student Portal and click on “CSU Online Library.” You can alsoaccess the CSU Online Library from the “My Library” button on the course menu for each course in Blackboard.The CSU Online Library offers several reference services. E-mail ([email protected]) and telephone(1.877.268.8046) assistance is available Monday – Thursday from 8 am to 5 pm and Friday from 8 am to 3 pm. Thelibrary’s chat reference service Ask a Librarian is available 24/7; look for the chat box on the online library page.Librarians can help you develop your research plan or assist you in finding relevant appropriate and timely information.Reference requests can include customized keyword search strategies links to articles database help and otherservices. Unit AssignmentsUnit I EssayInternational Trade PhilosophyYour essay should include the following: Compare absolute advantage comparative advantage and the Ricardian model.Determine and argue which one of the philosophies is best for a nation state in terms of trade and use sources toback up this claim. The essay should be at least 500 words in length. This does not include references. You are required to use your textbookas source material for your response in addition to outside sources. All sources used including the textbook must bereferenced; paraphrased and quoted material must have accompanying citations. The paper must be written using theAPA style of writing.Information about accessing the Blackboard Grading Rubric for this assignment is provided below.Unit II EssayLeontief’s ParadoxFrom the textbook International Trade explain what the Hecksher-Ohlin model is and why Leontief’s Paradox exists withinthe model. When writing this essay special emphasis would be given to Leontief’s Paradox.The essay should be at least 500 words in length. This does not include references. You are required to use your textbookas source material for your response in addition to outside sources. All sources used including the textbook must bereferenced; paraphrased and quoted material must have accompanying citations. The paper must be written using theAPA style of writing.Information about accessing the Blackboard Grading Rubric for this assignment is provided below.Unit III EssayNAFTAIn Chapter 6 of your International Trade textbook there is a segment on page 184 celebrating that the North AmericanFree Trade Agreement (NAFTA) turns 15 years old. The article appears in Chapter 6 but please consider both Chapters BBA 4653 International Trade 2 5 and 6 when writing your essay. Conduct some research to determine if NAFTA has lived up to all the claims laid out inthe 1990s.Write an essay to make your argument either for or against the claims that NAFTA promised. The essay should be atleast 500 words in length. This does not include references. You are required to use your textbook as source material foryour response in addition to outside sources. All sources used including the textbook must be referenced; paraphrasedand quoted material must have accompanying citations. The paper must be written using the APA style of writing.Information about accessing the Blackboard Grading Rubric for this assignment is provided below.Unit IV EssayOffshoringIn Chapter 7 of your International Trade textbook on page 226 there is a Headlines reading titled “How to DestroyAmerican Jobs.” Please read the story and add to this any research from the CSU Online Library about offshoringor outsourcing.Argue against the article’s premise that multinational corporations are moving jobs out of the U.S. and destroyingAmerican Jobs. Also keep in mind the premise that these corporations should be taxed as a result of this offshoringpractice. Make your argument for the practice of offshoring outsourcing and why this is good for American jobs.Your essay should be at least 500 words in length. All sources used including the textbook must be referenced;paraphrased and quoted material must have accompanying citations.Information about accessing the Blackboard Grading Rubric for this assignment is provided below.Unit V Case StudyIn Chapter 8 of your International Trade textbook there is an application of the material on pages 251 – 256 where you areto apply what you have learned from this chapter to U.S. tariffs on steel and tires.In this application please provide a detailed step by step account and then make your decision. Consider that the U.S.government did act a certain way but please apply if you would act the same way or differently and explain why in thiscase study assignment.Your case study should be at least 500 words in length. All sources used including the textbook must be referenced;paraphrased and quoted material must have accompanying citations.Information about accessing the Blackboard Grading Rubric for this assignment is provided below.Unit VI Case StudyIn Chapter 9 of your International Trade textbook there is a Headlines article on page 310 about the solar energy industryin Europe and their effort to impose anti-dumping tariffs on China to protect this industry.Please read the article and assess if this effort by the European Union has merit and whether or not it will be effective. Ifyou deem that the effort would not be effective explain what you would do differently and why. Also through additionalresearch please explain if the solar energy industry is an infant industry and if there would be any additional protectionsthat you would come up with for the European Union.Your case study should be at least 500 words in length. All sources used including the textbook must be referenced;paraphrased and quoted material must have accompanying citations.Information about accessing the Blackboard Grading Rubric for this assignment is provided below.Unit VII Case StudyIn Chapter 10 of your International Trade textbook there is a Headlines segment titled “China Signals Support forRare Earths.” BBA 4653 International Trade 3 Please read this article in your textbook and then do further research on the 17 rare earth minerals that are discussed inthe article. Explain what China is doing with the rare earth industry and come up with a proposal to counter China’sactions. Does the U.S. have an extensive rare earth industry and if not what would you do to grow this industry andprotect it?Your case study should be at least 500 words in length. All sources used including the textbook must be referenced;paraphrased and quoted material must have accompanying citations.Information about accessing the Blackboard Grading Rubric for this assignment is provided below.Unit VIII Case StudyIn Chapter 11 of your International Trade textbook on pages 391-394 you will find information on trade and theenvironment in particular information on the biotech trade from the United States to Europe.Please read this article in detail and then use any online sources that you might have to look up information on theTransatlantic Trade Investment Partnership (TTIP). With this information make an assessment on the talks between theUnited States and the European Union to see what sticking points there are in this new agreement that is beingnegotiated. Then come up with solutions to the sticking points in the negotiations.Your case study should be at least 500 words in length. All sources used including the textbook must be referenced;paraphrased and quoted material must have accompanying citations.Information about accessing the Blackboard Grading Rubric for this assignment is provided below. APA GuidelinesThe application of the APA writing style shall be practical functional and appropriate to each academic level with theprimary purpose being the documentation (citation) of sources. CSU requires that students use APA style for certainpapers and projects. Students should always carefully read and follow assignment directions and review the associatedgrading rubric when available. Students can find CSU’s Citation Guide by clicking here. This document includes examplesand sample papers and provides information on how to contact the CSU Success Center. Grading RubricsThis course utilizes analytic grading rubrics as tools for your professor in assigning grades for all learning activities. Eachrubric serves as a guide that communicates the expectations of the learning activity and describes the criteria for eachlevel of achievement. In addition a rubric is a reference tool that lists evaluation criteria and can help you organize yourefforts to meet the requirements of that learning activity. It is imperative for you to familiarize yourself with these rubricsbecause these are the primary tools your professor uses for assessing learning activities.Rubric categories include: (1) Assessment (Written Response) and (2) Assignment. However it is possible that not all ofthe listed rubric types will be used in a single course (e.g. some courses may not have Assessments).The Assessment (Written Response) rubric can be found embedded in a link within the directions for each UnitAssessment. However these rubrics will only be used when written-response questions appear within the Assessment.Each Assignment type (e.g. article critique case study research paper) will have its own rubric. The Assignment rubricsare built into Blackboard allowing students to review them prior to beginning the Assignment and again once theAssignment has been scored. This rubric can be accessed via the Assignment link located within the unit where it is to besubmitted. Students may also access the rubric through the course menu by selecting “Tools” and then “My Grades.”Again it is vitally important for you to become familiar with these rubrics because their application to yourAssessments and Assignments is the method by which your instructor assigns all grades. BBA 4653 International Trade 4 Communication ForumsThese are non-graded discussion forums that allow you to communicate with your professor and other students.Participation in these discussion forums is encouraged but not required. You can access these forums with the buttons inthe Course Menu. Instructions for subscribing/unsubscribing to these forums are provided below.Once you have completed Unit VIII you MUST unsubscribe from the forum; otherwise you will continue toreceive e-mail updates from the forum. You will not be able to unsubscribe after your course end date.Click here for instructions on how to subscribe/unsubscribe and post to the Communication Forums.Ask the ProfessorThis communication forum provides you with an opportunity to ask your professor general or course content questions.Questions may focus on Blackboard locations of online course components textbook or course content elaboration additional guidance on assessment requirements or general advice from other students.Questions that are specific in nature such as inquiries regarding assessment/assignment grades or personalaccommodation requests are NOT to be posted on this forum. If you have questions comments or concerns of a nonpublic nature please feel free to email your professor. Responses to your post will be addressed or emailed by theprofessor within 48 hours.Before posting please ensure that you have read all relevant course documentation including the syllabus assessment/assignment instructions faculty feedback and other important information.Student Break RoomThis communication forum allows for casual conversation with your classmates. Communication on this forum shouldalways maintain a standard of appropriateness and respect for your fellow classmates. This forum should NOT be used toshare assessment answers. GradingAssessments (8 @ 8%)Essays (4 @ 4.5%)Case Studies (4 @ 4.5%)Total = 64%= 18%= 18%= 100% Course Schedule/Checklist (PLEASE PRINT)The following pages contain a printable Course Schedule to assist you through this course. By following this schedule you will be assured that you will complete the course within the time allotted. BBA 4653 International Trade 5 BBA 4653 International Trade Course Schedule By following this schedule you will be assured that you will complete the course within the time allotted. Please keep thisschedule for reference as you progress through your course. Unit I Trade in the Global Economy and Trade and Technology: The Ricardian Model Review: Read:Submit: Unit Study GuideChapter 1: Trade in the Global EconomyChapter 2: Trade and Technology: The Ricardian ModelAssessmentEssay Notes/Goals: Unit IIReview:Read:Submit: Gains and Losses from Trade in the Specific-Factors Model and Trade and Resources: TheHecksher-Ohlin Model Unit Study Guide Chapter 3: Gains and Losses from Trade in the Specific-Factors Model Chapter 4: Trade and Resources: The Hecksher-Ohlin Model Suggested Reading: See Study Guide Assessment Essay Notes/Goals: Unit IIIReview:Read:Submit: Movement of Labor and Capital between Countries Increasing Returns to Scale and MonopolisticCompetition Unit Study Guide Chapter 5: Movement of Labor and Capital between Countries Chapter 6: Increasing Returns to Scale and Monopolistic Competition Assessment Essay Notes/Goals: BBA 4653 International Trade 6 BBA 4653 International TradeUnit IV The Gains from Offshoring Review: Unit Study Guide Read: Chapter 7: Offshoring of Goods and Services Assessment Essay Submit: Course Schedule Notes/Goals: Unit V Import Tariffs and Quotas Under Perfect Competition Review: Unit Study Guide Read: Chapter 8: Import Tariffs and Quotas Under Perfect Competition Assessment Case Study Submit:Notes/Goals: Unit VI Import Tariffs and Quotas Under Imperfect Competition Review: Unit Study Guide Read: Chapter 9: Import Tariffs and Quotas Under Imperfect Competition Assessment Case Study Submit:Notes/Goals: Unit VII Export Policies in Resource and High-Technology Industries Review: Unit Study Guide Read: Chapter 10: Export Subsidies in Agriculture and High-Technology Industries Assessment Case Study Submit:Notes/Goals: BBA 4653 International Trade 7 BBA 4653 International Trade Course Schedule Unit VIII International Agreements: Trade Labor and the Environment Review: Unit Study Guide Read: Chapter 11: International Agreements: Trade Labor and the Environment Assessment Case Study Submit:Notes/Goals: BBA 4653 International Trade 8