MSB001-6 International Trade and Monetary Policy Coursework Assignment 1 Brief

Unit learning outcomes of MSB001-6

1. Critically assess international trade theories, ongoing debates, and the impact of the current trade environment on decisions, behaviour, and performance in international businesses.
2. Apply trade theory, relevant debates and models to examine international and European monetary systems and related policy issues/changes by using the appropriate presentation, writing and analytical skills.

What am I required to do in this assignment?

MSB001-6 Element 1 (20%):

In recent decades, digital technologies have revolutionized global trade, creating new opportunities and challenges. Despite the ubiquity of digital tools, regulatory frameworks governing digital trade remain disjointed, impacting various parts of the supply chain differently. This assignment tasks you with conducting a comprehensive analysis of regulatory challenges in digital trade through a case study analysis.

Topic:

al Listen the podcast that is posted on BREO and prepare an individual analysis for the topic discussed in the podcast: 'Navigating the Digital Trade Landscape: Challenges and Opportunities.

Assignment Structure:

Introduction (10%)

• Identification of Main Theoretical Concepts and Issues
• Summarize the main points discussed in the podcast
• Define digital trade and its significance in the global economy.
• Introduce theoretical concepts such as international trade theory, regulatory economics, and monetary systems as they apply to digital trade.
• Outline the main regulatory challenges faced by digital trade, including issues of jurisdiction, data privacy, intellectual property rights, and cybersecurity

Analysis and Evaluation of Main Issues/Problems (25%)

• Provide a detailed analysis of each regulatory challenge identified.
• Discuss the implications of these challenges on digital trade, both globally and within specific regions or industries.
• Use case studies or examples discussed in the podcast to illustrate these challenges.

Recommendations on Effective Solutions/Strategies (15%)

• Propose recommendations for addressing the regulatory challenges in digital trade:
• Legal and Regulatory Frameworks: Advocate for harmonized international regulations or agreements.
• Technological Solutions: Suggest innovations like blockchain or Al for regulatory compliance.
• Policy Recommendations: Discuss the role of governments and international organizations in facilitating digital trade.

Overall Presentation and Referencing (10%)

Ensure the essay is well-structured and coherent:

Structure: Organize the essay logically with clear sections and subheadings.
Clarity: Write clearly and concisely, avoiding jargon and ensuring all arguments are easy to follow.
In text citations: Use appropriate referencing throughout the essay to support arguments and cite sources from the podcast, academic literature, and regulatory documents.

Conclusion

Summarize the key findings from your analysis and discussion.
Reiterate the significance of understanding the current state of globalization and the evolving role of the WTO.

Provide a concluding statement on whether globalization is under threat and what the future might hold for global trade.

References

Provide a list of all sources cited in the essay following the appropriate academic referencing style (e.g., APA, MLA, Chicago).

Assignment Guidelines:

Length: 1300 words (+/-10%).

Format: Use headings and subheadings to organize the content clearly.

Sources: Cite academic journals, reputable news sources, and the podcast episode itself as primary sources. Analysis: Include critical analysis and reflection on the podcast episode and related literature.
Clarity: Ensure concepts are explained clearly and examples are used to illustrate key points.

Additional Tips:

• Introduction: Start with a hook that captures the reader's attention and introduces the topic clearly.
• Body Paragraphs: Each paragraph should focus on one main point or regulatory challenge, supported by evidence and analysis.
• Critical Analysis: Demonstrate critical thinking by evaluating the strengths and weaknesses of different regulatory approaches.
• Integration of Podcast Content: Reference specific insights or quotes from the podcast to add credibility and depth to your analysis.
• Language and Style: Write in an academic style that is formal and objective, avoiding bias or overly casual language.

Element 2 (10%):

Search for job adverts in relation to your career aspirations and connect/ consult with individuals in the specialised field. Write 500 words reflecting on skills and characteristics that you need to be eligible for your desired job.

Indicative Structure:

1.Introduction (30-50 words)

• Briefly introduce your career aspirations and the specific job roles you're targeting.
  State the purpose of reflecting on the skills and characteristics needed for these roles.

2.Job Search Summary (100-120 words)

• Mention where and how you searched for relevant job adverts (e.g., job boards, company websites).
• List a few key roles that align with your career goals.
• Highlight the common skills, qualifications, and experience required across these job adverts.

3.Reflection on Skills and Characteristics (250-280 words)

• Required Skills:
  oIdentify the essential technical and soft skills needed for the job roles you found.
  oCompare these with your current skill set, noting areas of strength.
• Personal Characteristics:
  oReflect on the personal attributes that are important for success in the field.
  oDiscuss any gaps between what's required and where you currently stand.
• Skill Gaps and Improvement Plan:
  oMention any specific skills or attributes you need to develop.
  oBriefly outline a plan to acquire these skills (e.g., further education, online courses, self-study).

4.Conclusion (30-50 words)

• Summarize your reflections on what it takes to be eligible for your desired job.
• Reaffirm your commitment to developing the necessary skills and characteristics.

References (Optional)

If you used specific resources (e.g., job postings, professional advice), consider including a brief list of references or resources consulted.