1 Module overview

1.1 Introduction, aims and summary of content

Welcome to this Level 6 module: International Trade Finance and Investment. This is an exciting module which looks at the global importance of international financial markets, trade and governance. With global trade expected to almost triple by 2050 International Trade Finance and Investment will be the life blood of this expanding and fast paced global market. This module prepares students for today`s changing landscape of international financial markets and institution.

The aims of the module are to:

Develop an in-depth understanding of WTO, trade agreements and trade investment completed by global financial outlook.

We will use Blackboard to support you in the module. Documents are loaded throughout the module to support group study and learning styles.

Appointments can be made at mutually convenient times. Please e-mail for an appointment outside of normal class times.

Key Topics:

• Trade, Standards, and Rights: Background Issues
• The opening of markets; the integration of markets; and the protection of basic rights and standards
• Free trade, investment and fundamental rights: WTO; World Bank, and transnational investment agreements
• Trade, investment and issues of sustainable development
• Financial systems and regulations
• Long and short term financing
• Risk and return
• Options

1. Learning outcomes to be assessed

On completion of the module students should be able to:

1. Explain the standards set by the GATT /World Trade Organization and certain regional trade agreements;
2. Critically assess the impact of World Bank policies, investment treaties between states, and agreements between multinational
3. Explain the regulations governing the financial system and assess its impacts on businesses.
4. Critically evaluate various finance theories and concepts and apply them in a real business context.
5. Critical analyse the risk return relationship and options.

1. Scheduled contact hours

Teaching Contact Hours	42 hours
Independent Study Hours	158 hours
Total Learning Hours	200 hours

1. Assessment and feedback
2. Summative assessment grid

Type of Assessment	Word Count or equivalent	Threshold	Weighting	Pass Mark	Submission due-date & time	Method of Submission & Date of Feedback
						Via TurnItIn
Individual Report	3000	100%	40	Week 14	Within 15 working days of
					the submission
					deadline

1. Assessment brief including criteria mapped to learning outcomes

Assessment task:

You are a junior consultant working for an international investment organisation. The firm has some new prospective clients visiting the Head Office in London. Your manager, the head of emerging markets, is very keen to sign the clients but wants to improve their understanding of international trade, finance and investment matters.

You are tasked with writing a comprehensive report on the following:

Finance is considered as the life blood or the engine of growth for international trade and development.

1. Evaluate how the financial markets work to allocate capital within a domestic economy and internationally for trade, investment and development purposes.
2. Using an emerging economy of your choice critically evaluate what are the key challenges that country faces due to industrialisation and trade policies?

Content Template:

1. Title page and content
2. Executive Summary
3. Background of financial markets
4. Capital allocation within domestic economy
5. Capital allocation within international markets
6. Evaluation of emerging economy of your choice
7. Critical evaluation of challenges that country faces due to industrialisation and trade policies.
8. Conclusion

This is an academic piece of work, you are expected to conduct extensive up-to-date research, critically evaluating the content and appropriately referencing the sources of information used.

The report should be no longer than 3,000 words (excluding appendices). Weighting: 100%

Submission: Week 14 and must be submitted to via Turnitin.

Assessment criteria and marking scheme:

Marking scheme	100-80%	79-70%	69-60%	59-50%	49-40%	39-30%	29-0%
ContentKnowledgeandunderstanding: Knowledge, analysis of relevantmaterial (30 marks)	Extensive and comprehensive use of appropriate trade, f financial and Investment theories, concepts and materials. Extensive knowledge and understanding presented with the exploration and critique of Information/ideas from a comprehensive range of sources.	Very wide and comprehensive use of appropriate trade, financial and investment theories concepts and materials. Very wide knowledge and understanding presented with the exploration and critique of information/ideas from a comprehensive range of sources.	Broad and sound use of relevant appropriate trade, financial and investment theories concepts and materials. Broad knowledge and understanding presented with exploration and critique of information / ideas from a comprehensive range of sources.	Satisfactory use of relevant legal appropriate trade, financial and investment/theories and materials. Satisfactory knowledge and understanding presented with exploration and critique of information / ideas from a comprehensive range of sources.	Limited use of relevant appropriate trade, financial and Investment theories and materials. Limited knowledge and understanding presented with exploration and critique of Information / ideas from a comprehensive range of sources.	Poor knowledge of the trade, financial and investment theories and materials. Poor knowledge and understanding presented with exploration and critique of information / ideas from a comprehensive range of sources materials.	Failure to demonstrate knowledge of the trade, financial and investment theories and materials. Failure to demonstrate knowledge and understanding to explore and critique of information / ideas from a comprehensive range of sources.
Level of analysis,synthesis andlogical flow ofarguments Quality of discussion, arguments, analysis, evaluation and synthesis (25 marks )	Demonstrates an exceptional lev el of argument with critical judgement in analysis, evaluation, synthesis and application knowledge to differing contexts	Demonstrates a very good lev el of argument with critical judgement in analysis, evaluation, synthesis and application knowledge to differing contexts.	Demonstrates a sound lev el of argument with critical judgement in analysis, evaluation, synthesis and application knowledge to differing contexts.	Demonstrates a satisfactory lev el of argument with critical judgement in analysis, evaluation, synthesis and application knowledge to differing contexts.	Demonstrates a weak lev el of argument with critical judgement in analysis, evaluation, synthesis and application knowledge to differing contexts.	Demonstrates a poor lev el of argument with critical judgement in analysis, evaluation, synthesis and application knowledge to differing contexts.	Failure to present argument with critical judgement or analysis, evaluation, synthesis and application knowledge to differing contexts.
Logical flow of arguments (10marks)	The outstanding and professional f low of discussion.	Very good and professional f low of discussion.	Good f low of discussion.	The satisfactory f low of discussion.	The unclear f low of discussion.	The incoherent f low of discussion.	The confusing or illogical f low of discussion.
Organisation andstructure Structure of answer (15 marks)	Exceptionally clear structure with an executive summary aimed at explicitly identify the relevant trade, finance and investment areas to be addressed supported by analysis in the main body and firm conclusion of the areas discussed.	Very good, clear structure with an executive summary aimed at explicitly identify the relevant trade, finance and investment areas to be addressed supported by analysis in the main body and firm conclusion of the areas discussed.	Good clear structure with an executive summary aimed at explicitly identify the relevant trade, finance and investment areas to be addressed supported by analysis in the main body and firm conclusion of the areas discussed.	Satisfactory clear structure with an executive summary aimed at explicitly identify the relevant trade, finance and investment areas to be addressed supported by analysis in the main body and firm conclusion of the areas discussed.	Unclear structure With an executive summary aimed at explicitly identify the relev ant trade, finance and investment areas to be addressed supported by analysis in the main body and firm conclusion of the areas discussed.	Poor structure with an executive summary aimed at explicitly identify the relevant trade, finance and investment areas to be addressed supported by analysis in the main body and firm conclusion of the areas discussed.	Failure to provide an executive summary aimed at explicitly identify the relevant trade, finance and investment areas to be addressed supported by analysis in the main body and firm conclusion of the areas discussed.

Use of literature,quality ofreferencing andclarity ofexpression Referencing (15 marks)	Exceptional range of background reading with excellent Referencing.	Extensive range of background reading with excellent Referencing.	Very good background reading with consistent and appropriate Referencing.	Satisfactory referencing mostly appropriate.	Poor and inappropriate referencing.	Very poor reference.	Failure to reference Appropriately.
Clarity of expression and academic writing skills (5 marks)	Exceptional and professional academic writing ability demonstrating articulate and fluent communication. Excellent spelling and grammar.	A high lev el of academic writing ability demonstrating articulate and fluent Communication. Excellent spelling and grammar.	Very good academic writing ability demonstrating articulate and fluent Communication. Few spelling and grammar mistakes.	Satisfactory academic writing ability demonstrating clear and fluent communication. Some spelling and grammar mistakes.	Poor academic writing ability with poor communication. Many spelling and grammar mistakes.	Very poor academic writing ability with very communication. Excessive spelling and grammar mistakes.	Failure to demonstrate academic writing ability. Excessive spelling and grammar mistakes.

For guidance on online submission of assignments, including how to submit and how to access online feedback, please refer to the UWL Blackboard student-help pages at:

http://www.uwl.ac.uk/blackboardhelp

1. Learning materials

The reading list for this module is available on Blackboard in the module area or by

searching https://uwl.rl.talis.com/index.html. This shows real-time availability of books in the library and provides direct links to online resources, recommended by your lecturer.

Remember to log into Blackboard daily to receive all the latest news and support available at your module sites!

Subject guides (https://www.uwl.ac.uk/library/finding-and-using-information/subject-guides-libguides) are also available to help you find relevant information for assignments, with contact details of the Academic Support Librarian for your School.

Essential Reading

Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz (2014) International economics: theory and policy, 10 edition Pearson Education.

Print ISBNs: PB: 9781292019550, 1292019557

Recommended Reading

Frederic S. Mishkin, Stanley G. Eakins, (2012) Financial markets and institutions, 7^th edition, Pearson Education. Print ISBN: 0273754440, 9780273754442

Petros Mavroidis, (2012) Trade in goods: the GATT and the other WTO agreements regulating trade in goods, Oxford. Print ISBN: 9780199657483, 0199657483

John H. Barton, Judith L. Goldstein, Timothy E. Josling, Richard H. Steinberg, (2006) The evolution of the trade regime: politics, law, and economics of the GATT and the WTO, Princeton University PressPrint ISBN: 0691124507, 9780691124506

John P. Lewis, Devesh Kapur, Richard Webb (1997) The World Bank: its first half century, Brookings Institution. Print ISBN: 081575230X, 0815752342