subsidies Chapter 2 PPT presentation on protection The effects of a tariff or subsidy using the King pg 225 - Term 1 demand/supply 2226 Working with models activity Week The inefficiency of tariffs and subsidies (changes to (Parry & Kemp) 4 CS/PS) WACE Study Guide Case study: Live The concept of trade liberalisation cattle export (article Chapter 3 The arguments for and against trade liberalisation and clip) (arguments for protection) Creelman Extended answer practice The influence of world organisation’s (WTO / IMF), Parry & Kemp PPT presentation on Chapter 2 FTA’s and trade bloc’s on world trade. world organisations, FTA and trade The concept of free agreements (types of free Australia and the Term 1 bloc’s Global economy trade agreements - multilateral, regional and Chapter 2 Week Case Study bilateral) 5 Website: ASEAN study bloc Recent Australian free agreements or building block? Creelman Revision - Assessment 2: Free trade and protection Extended answer practice Patterns of trade Australia’s trade intensity measurement, – comparison with other countries Parry & Kemp PPT presentation on Chapter 3 patterns of trade Changes in Australia’s trade intensity Term 1 The composition of Australia’s trade main – Creelman Multiple Choice WACE Study Week categories of exports and imports Practice Guide 6 Changes in Australia’s composition of over Data interpretation Chapter 4 Extended answer time practice The direction of Australia’s trade main trading – partners for both exports and imports Changes in the direction of Australia’s trade over time Balance of payments Parry & Kemp Term 1 The structure of Australia’s balance of payments PPT presentation on – Chapter 4 the structure of the current account & capital/financial account Week BOP WACE Study 7 The link between the current account & Guide BOP structure capital/financial account Chapter 5 worksheet The current account balance the goods/services – King pg. 252 balance and the income balance (BOP summary sheet) Structural and cyclical reasons for the current & Kemp PPT presentation on account deficit Chapter 4 Australia’s CAD
Term 1 Week 4 subsidies The effects of a tariff or subsidy using the demand/supply The inefficiency of tariffs and subsidies (changes to CS/PS) The concept of trade liberalisation The arguments for and against trade liberalisation (arguments for protection) Chapter 2 King pg 225 - 2226 WACE Study Guide Chapter 3 PPT presentation on protection Working with models activity (Parry & Kemp) Case study: Live cattle export (article and clip) Creelman Extended answer practice Term 1 Week 5 The influence of world organisation’s (WTO / IMF), FTA’s and trade bloc’s on world trade. The concept of free agreements (types of free trade agreements - multilateral, regional and bilateral) Recent Australian free agreements Revision - Assessment 2: Free trade and protection Parry & Kemp Chapter 2 Australia and the Global economy Chapter 2 Website: PPT presentation on world organisations, FTA and trade bloc’s Case Study ASEAN study bloc or building block? Creelman Extended answer practice Term 1 Week 6 Patterns of trade Australia’s trade intensity – measurement, comparison with other countries Changes in Australia’s trade intensity The composition of Australia’s trade – main categories of exports and imports Changes in Australia’s composition of over time The direction of Australia’s trade – main trading partners for both exports and imports Changes in the direction of Australia’s trade over time Parry & Kemp Chapter 3 WACE Study Guide Chapter 4 PPT presentation on patterns of trade Creelman Multiple Choice Practice Data interpretation Extended answer practice Term 1 Week 7 Balance of payments The structure of Australia’s balance of payments – current account & capital/financial account The link between the current account & capital/financial account The current account balance – the goods/services balance and the income balance Parry & Kemp Chapter 4 WACE Study Guide Chapter 5 King pg. 252 (BOP summary sheet) PPT presentation on the structure of the BOP BOP structure worksheet Structural and cyclical reasons for the current account deficit & Kemp Chapter 4 PPT presentation on Australia’s CAD