Registry
Module Specifications
Archived Version 2014 - 2015
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Description To develop students understanding of the principles and practices which govern international trade and multi-national enterprise. | |||||||||||||||||||||||||||||||||||||||||
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Learning Outcomes 1. discuss theories of international trade 2. appraise arguments in favour of and against greater free trade 3. outline legal and economic structures of international trade, such as the role of the WTO and/or trading blocks such as the EU 4. locate and interpret data and statistics on international trade from official sources such as the WTO and the CSO | |||||||||||||||||||||||||||||||||||||||||
All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml |
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Indicative Content and
Learning Activities International Trade and the Irish EconomyAn overview; Role of imports and exports in Irish economic development; Sectoral composition of exports; Markets for Irish exports; Sources of imports; Deficit and surplus markets; Scale of multi-national presence in Ireland; Balance of payments; Current Account; Capital Account; External trading gain.Theory of international Trade: Absolute advantage; Comparative advantage; Heekseher Ohlin theory; Leontief paradox; Product Life Cycle; Alternative theories of trade; International investment and foreign trade; Restraints on trade; Reasons: tariffs, quotas, non-tariff barriers, other restraints.International Financial Environments:Foreign exchange market; Determination of exchange rate valuation; Revaluation and devaluation; Fixed and flexible exchange rates; Spot and forward rates; Forecasting Exchange Rates; International monetary system; Euro-currency; EMS; EMU; International monetary institutions; Foreign exchange restrictions.Inter-Governmental Agreements on Trade: Theories of economic integration; Agreements on trade: GATT, UNCTAD, EFTA, AIFTA; Regional trading areas with particular reference to the EU; International trade policy and practice within the EU. Multi-national Enterprise: Historical reviews of foreign investment; Organisation of multi-nationals; Determinants of direct foreign investment; Footloose and constrained locational decisions; Multinationals and foreign trade; Impact on domestic economy; Control of multinationals.Analysis of World Trade Flows: Between developed countries and developing countries; Within developed countries; Trade with Eastern Europe; Impact of newly industrialised countries; Future trends; World Trade Statistics sources.Exporting and the Irish Economy: Micro-analysis of Irish export performance; Multinational and indigenous contribution; Administered and entrepreneur exports; Determinants of export performance; International demand; Competitiveness; Marketing capacity corporate structure; Policies to assist exports. | |||||||||||||||||||||||||||||||||||||||||
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Indicative Reading List
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Other Resources 1881, websites,CSO,FORFAS,WTO, EU, OECD, CSO, FORFAS, WTO, OECD, EU, 0, STATISTICS, | |||||||||||||||||||||||||||||||||||||||||
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