ECON 1086 Business in the Globalized Economy Assignment
- Subject Code :
ECON-1086
- University :
RMIT University Exam Question Bank is not sponsored or endorsed by this college or university.
- Country :
India
ECON 1086 Business in the Globalized Economy: Assessment Task 2
Instructions:
This is an individual assignment with a total of 30 marks. The allocation of marks is as follows:
Question 1 |
5 |
Question 2 |
10 |
Question 3 |
10 |
Profession report |
5 |
Total |
30 |
The response to the assignment must be provided in the form of a professional report with no more than 1000 words (excluding references). You must submit an electronic copy of your assignment in Canvas.
Problem Description:
You work in the Department of Foreign Affairs and Trade of Australia. Your department will be hosting a workshop on the Global Value Chains, challenges, and opportunities for Australia, with participants from academia, industry, government, and non-profit organizations. To prepare for this workshop, you plan to first write a report on GVCs by giving a relevant example. To appeal to the audience, you wish to focus on a GVC in which Australia participates, that is, Australian inputs are used to produce (deliver) final products (services).
Your report should:
- Touch on the context of GVCs: its emergence and the driving forces. [5 marks]
- Give an example of GVC in which Australia participates, that is, Australian inputs are used to produce (deliver) final products (services). Insert a diagram/figure of this GVC. Identify the key countries that participate in this GVC. [10 marks]
- Elaborate the theoretical foundations of GVCs. Explain what determines each country (especially Australia)s participation and position along the GVC in your example. [10 marks. Hint: refer to Lecture 4]
Finally, your report should be structured in a proper format: Summary/Abstract, Introduction, Sub-sections, Conclusions, References. [5 marks]
