Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should have an understanding of some major national and international economic organisations and of the roles played by various agents seeking to influence international trade policy making in cases concerning North America, Australia, and various parts of Asia.
Synopsis This subject concerns some central issues in policy making for, and the management of, international economic relations. It includes study of the politics of protectionism and `managed' foreign trade; the roles of such institutions as MITI, the IMF, GATT, WTO, ASEAN, the European Community, the Cairns Group, the American Presidency and Congress; and the activities of major multinational business companies. Case studies include reference to the bilateral and trilateral trading relationships of Japan, North America and Australia; the expansion of trading links by each of Korea, Taiwan, mainland China and the ASEAN states in relation to North America and Japan; the evolution of regional organisations in Asian-Pacific international trade; and examples of policy making concerning foreign investment and trade in food, raw materials, energy, manufactured goods and services.
Assessment Written (6000 words): 80% + Seminar participation: 20%