Posted: February 21st, 2022

You are a group of advisors working in the Department of Trade and Foreign Affairs in
Australia

You are a group of advisors working in the Department of Trade and Foreign Affairs in
Australia. As advisors you are required to write a report covering the following topics,
based on the past 5 years, in which you compare two countries. Each group must choose
two countries (not including Australia). This report should provide useful information for
the Department of Trade and Foreign Affairs for appropriate strategic decision making for
Australia and multinational enterprises in the country. The report should use a variety of
resources, including the textbook, newspapers, industry reports, the ABS website, and
other sources.
2. Terms of Trade
? Choose any two countries from the list of countries listed in Annex
1. For each country, analyse its terms-of-trade trend over the last 10
Page 3 of 8
HI5016 International Trade and Enterprise
years using relevant facts/figures
? Identify and analyse factors affecting the trend in the terms-of-trade for
each of the chosencountries
? Analyse how the terms-of-trade affect welfare in the chosen countries
? Advise the Minister on any benefits from these countries to Australia

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You are a group of advisors from Australia’s Department of Trade and Foreign Affairs. As advisors, you must prepare a report on the following topics:

Based on the previous five years, you compare two countries. Each group must make a decision.

two nations (not including Australia). This paper should be beneficial to all who read it.

the Department of Trade and Foreign Affairs in order to make proper strategic decisions for

Australia and global corporations operating in the country The report should make use of a number of sources.

textbooks, newspapers, industry reports, the ABS website, and other resources

additional sources

2. Commercial Terms

? Select any two countries from the list of countries in Annex.

1. Examine each country’s terms-of-trade trend during the last five years.

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