10949 (v.4) WASM International Resource Trade 601
| Area: | WASM Mineral Economics Teaching Area |
| Contact Hours: | 16.0 |
| Credits: | 12.5 |
| Lecture: | 4 x 4 Hours Weekly |
| Anti Requisite(s): | 13005 (v.2) WASM International Resource Competitiveness 601 or any previous version
|
| Prerequisite(s): | 10939 (v.4) WASM Natural Resources Economics 601 or any previous version
|
| The Importance of Minerals Trade, trade and growth, the balance of payments, Basis for Trade - Factor Endowments and Exchange, Factor Mobility or Commodity Trade - the alternatives, Factor Price Equalisation - which factors? Pricing and Trade Mechanics. Market Structure - Multinationals and vertical integration - International price/quantity stabilisation, Market Disequilibrium - trade barriers, interventions, restrictive trade practices. Transport - Physical Issues, Process Location and Product Specs, Costing and Netbacks. Trade Finance and Risk - Principals and Agents, Physical - Risk and Hedge, Exchange rates - PPP and Practice and Theory, Spot rates and Forward Rates, Exchange risk - some practice. Additional Considerations - External influences such as environmental issues and technical transfers. Actual tuition undertaken as 16 hours of class in a four day module. |
| Year | Location | Period | Internal | Area External | Central External | | 2003 | Bentley Campus | Semester 2 | Y | | | |
Current as of: October 30, 2003 13:11:55
CRICOS provider code 00301J
