{"id":40614,"date":"2024-12-15T15:17:27","date_gmt":"2024-12-15T15:17:27","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/critical-evaluation-of-global-trade-financial-systems-and-the-impact-of-international-agreements-on-business-and-sustainable-development-a-case-study-of-brics-nations\/"},"modified":"2024-12-15T15:17:27","modified_gmt":"2024-12-15T15:17:27","slug":"critical-evaluation-of-global-trade-financial-systems-and-the-impact-of-international-agreements-on-business-and-sustainable-development-a-case-study-of-brics-nations","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/critical-evaluation-of-global-trade-financial-systems-and-the-impact-of-international-agreements-on-business-and-sustainable-development-a-case-study-of-brics-nations\/","title":{"rendered":"&#8220;Critical Evaluation of Global Trade, Financial Systems, and the Impact of International Agreements on Business and Sustainable Development: A Case Study of BRICS Nations&#8221;"},"content":{"rendered":"<p>ITFI report <\/p>\n<p><strong>General Instructions:<\/strong><\/p>\n<p>Font: Arial \/ Times New Roman<\/p>\n<p>Font size: 12 <\/p>\n<p>Font colour: <strong>Black <\/strong>only<\/p>\n<p>Headings:<strong> Size 14, Bold<\/strong> and underlined<\/p>\n<p>Sub-headings: <strong>size 12<\/strong> and <strong>Bold<\/strong><\/p>\n<p><strong>Scenario<\/strong><\/p>\n<p>You are required to write a 3,000-word critical evaluation using any <strong>ONE <\/strong>country from BRICS nations (Brazil, Russia, India, China, and South Africa) as a case study to explore the following areas:<\/p>\n<p> 1. <strong>Title Page<\/strong> 2. <strong>Executive Summary:<\/strong><\/p>\n<p> <strong>Should include: <\/strong><\/p>\n<p>\u2022 What is the purpose of the report?\u2022 What does the report include (content)?\u2022 How was the research carried out?\u2022 What are the key benefits\/findings of the report? 3. <strong>Table of Contents:<\/strong> 4. <strong>Introduction <\/strong>\u2022 Introduce BRICS. Give introduction to the selected country from BRICS nations. Explain why you selected the country. Give the country\u2019s economic performance, GDP, interest rates, trade and overall progression. <\/p>\n<p> Information should come from current credible sources.<\/p>\n<p> 5. <strong>Global Trade and Standards: <\/strong> \u2022 Provide an overview of the trade standards established by the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO), with specific reference to the BRICS (selected country) involvement and compliance \u2022 Critically assess how these standards, along with regional trade agreements involving BRICS, has shaped the integration of BRICS (selected country) into global markets. Analyse the varying levels of market openness among BRICS (selected country) and its impact on regional and global trade.<\/p>\n<p><strong>Apply any three trade theories to the selected country. A list of possible theories that you can use are:<\/strong><\/p>\n<p>\u2022 Ricardian Theory\u2022 Comparative Advantage Theory\u2022 Mercantilism\u2022 Absolute Advantage\u2022 Hecksher- Ohin Theory\u2022 Porter\u2019s National Competitive Advantage Theory (also known as \u201cPorter\u2019s Diamond\u201d)\u2022 Gravity Model\u2022 Leontief Paradox\u2022 Country Similarity Theory\u2022 Global Strategic Rivalry Theory\u2022 Product Life Cycle Theory <\/p>\n<p><strong>When covering this, you need to:<\/strong><\/p>\n<p>1. Identify and explain the three theories2. Apply the theories to the selected country 6. <strong>International Investment and Rights:<\/strong> \u2022 Critically evaluate the role of the World Bank, transnational investment agreements, and the New Development Bank (BRICS Bank) in promoting trade and investment among BRICS (selected country).\u2022 Provide examples of investment treaties involving BRICS (selected country)(e.g., China\u2019s Belt and Road Initiative or Russia\u2019s Eurasian Economic Union) and assess its impacts on both the national economies and businesses operating within and across these countries. 7. <strong>Financial Markets and Regulations:<\/strong> \u2022 Explain the financial systems and regulations governing long-term and short-term financing in the BRICS (selected country), noting the regulatory differences between these emerging economies.\u2022 Critically assess how changes in FX rates (e.g., fluctuations of the Indian rupee, Russian ruble, or Brazilian real) and interest rates influence trade and capital flows in BRICS (selected country), particularly regarding foreign direct investment (FDI) and export competitiveness.<\/p>\n<p><strong>You will apply some finance theories and concepts here such as:<\/strong><\/p>\n<p>\u27a2 Fisher\u2019s Law\u27a2 Keynes\u2019 Liquidity preference theory 8. <strong>Sustainable Development and Financial Systems<\/strong>: \u2022 Discuss the relationship between international trade, investment policies, and sustainable development across BRICS (selected country), addressing the challenges the country faces in balancing rapid economic growth with environmental and social governance (ESG) considerations\u2022 Examine specific examples of how BRICS (selected country) is addressing sustainable development, particularly in industries such as mining in South Africa, manufacturing in China, energy in Russia, and agriculture in Brazil and India.\u2022 Evaluate the role of the BRICS Bank in promoting sustainable development projects and infrastructure in the region. 9. <strong>Conclusion <\/strong> \u2022 <strong>Conclusion highlighting key findings from the rest of the work and reveal which would be the preferred country for investment and why.<\/strong> \u2022 <strong>Recommendations: (3 to 4)<\/strong> 1. Link recommendation to the purpose of the report Investment\/expansion advice for selected country 2. Clearly outline key benefits associated with the financial benefits of the recommendations 3. Provide examples of success linked to applications of recommendations (e.g. the recent movement of Apple plc. operations from China to India)  <\/p>\n<p><strong>List of References<\/strong><\/p>\n<p><strong>Appendices<\/strong><\/p>\n<p><strong>Suggested URLs:<\/strong><\/p>\n<p><a><strong>https:\/\/testbook.com\/learn\/banking-awareness-financial-market-in-india\/<\/strong><\/a><\/p>\n<p><strong>https:\/\/country.eiu.com\/Industry.aspx?Country=India&amp;topic=Industry&amp;subtopic=Financial+services<\/strong><\/p>\n<p><a><strong>https:\/\/www.cliffordchance.com\/content\/dam\/cliffordchance\/briefings\/2022\/01\/china-financial-markets-trends-to-watch-in-2022.pdf<\/strong><\/a><\/p>\n<p><a><strong>https:\/\/www.rba.gov.au\/publications\/bulletin\/2021\/sep\/chinas-evolving-financial-system-and-its-global-importance.html<\/strong><\/a><\/p>\n<p><strong>https:\/\/www.nber.org\/papers\/w30324<\/strong><\/p>\n<p> <a><strong>https:\/\/www.researchgate.net\/publication\/340816147_Theories_of_International_Trade_and_Investment_Contents<\/strong><\/a><\/p>\n<p><strong>https:\/\/efinancemanagement.com\/international-financial-management\/international-trade-theory<\/strong><\/p>\n<p><a><strong>https:\/\/tradingeconomics.com\/countries<\/strong><\/a><\/p>\n<p><strong>https:\/\/www.globalinnovationindex.org\/analysis-comparison<\/strong><\/p>\n<p><strong>General Data and current events:<\/strong><\/p>\n<p><strong>India:<\/strong><\/p>\n<p><a><strong>https:\/\/cuts-citee.org\/india-corner\/<\/strong><\/a><\/p>\n<p><a><strong>https:\/\/www.orfonline.org\/research\/the-policy-and-operational-challenges-in-formulating-indias-new-ftp\/<\/strong><\/a><\/p>\n<p><strong>China:<\/strong><\/p>\n<p><a><strong>https:\/\/www.interactanalysis.com\/made-in-china-facing-multiple-challenges-as-manufacturing-industry-enters-pivotal-moment\/<\/strong><\/a><\/p>\n<p><strong>Roles of IMF and World Bank:<\/strong><\/p>\n<p><strong>IMF Information:<\/strong><\/p>\n<p><a><strong>https:\/\/www.imf.org\/en\/Countries\/CHN#<\/strong><\/a><strong> (IMF and China)<\/strong><\/p>\n<p><a><strong>https:\/\/www.imf.org\/external\/datamapper\/profile\/IND<\/strong><\/a><\/p>\n<p><strong>(IMF and India)<\/strong><\/p>\n<p><strong>World Bank Information:<\/strong><\/p>\n<p> https:\/\/www.worldbank.org\/en\/who-we-are<\/p>\n<p> <a><strong>https:\/\/www.worldbank.org\/en\/home<\/strong><\/a><\/p>\n<p> <a><strong>https:\/\/icsid.worldbank.org\/cases<\/strong><\/a><\/p>\n<p><a><strong>https:\/\/www.youtube.com\/watch?v=zgDLl1tXd0s<\/strong><\/a><\/p>\n<p><a><strong>https:\/\/www.worldbank.org\/en\/country\/china\/publication\/china-economic-update-june-2022#:~:text=China&#8217;s%20economy%20is%20projected%20to,the%20December%20China%20Economic%20Update<\/strong><\/a><strong>.<\/strong><\/p>\n<p><strong>WTO:<\/strong><\/p>\n<p><a><strong>https:\/\/www.wto.org\/english\/thewto_e\/whatis_e\/whatis_e.htm<\/strong><\/a><\/p>\n<p><strong>(Covers disputes between countries) <\/strong><\/p>\n<p><a><strong>https:\/\/www.wto.org\/english\/tratop_e\/dispu_e\/dispu_by_country_e.htm<\/strong><\/a><\/p>\n<p><strong>Note: Include citations for all secondary data used<\/strong><\/p>\n<p><strong>Essential Reading<\/strong><\/p>\n<p>Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz (2014) International economics: theory and policy, 10 edition Pearson Education. <\/p>\n<p>Print ISBNs: PB: 9781292019550, 1292019557<\/p>\n<p><strong>Recommended Reading <\/strong><\/p>\n<p>Frederic S. Mishkin, Stanley G. Eakins, (2012) Financial markets and institutions, 7th edition, Pearson Education. Print ISBN: 0273754440, 9780273754442<\/p>\n<p>Petros Mavroidis, (2012) Trade in goods: the GATT and the other WTO agreements regulating trade in goods, Oxford.Print ISBN: 9780199657483, 0199657483<\/p>\n<p>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<\/p>\n<p>John P. Lewis, Devesh Kapur, Richard Webb (1997) The World Bank: its first half century, Brookings Institution. Print ISBN: 081575230X, 0815752342<\/p>\n<p>These instructions must be followed strictly!.<\/p>\n<p>Let me know which country you would choose to write this report, thanks!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITFI report General Instructions: Font: Arial \/ Times New Roman Font size: 12 Font colour: Black only Headings: Size 14, Bold and underlined Sub-headings: size 12 and Bold Scenario You are required to write a 3,000-word critical evaluation using any ONE country from BRICS nations (Brazil, Russia, India, China, and South Africa) as a case [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[9],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/40614"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=40614"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/40614\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=40614"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=40614"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=40614"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=40614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}