This course provides an introduction to the basic theories of foreign direct investment and the principles of international trade in services. The course will cover the topics of the causes of foreign direct investment, cross-border mergers and acquisition, the impacts of foreign direct investment on host country's domestic economy, national government policies towards foreign direct investment, the characteristics of trade in services, and the barriers to trade in services and particularly the barriers to foreign direct investment in services sectors. The course also examines the issues of foreign direct investment in the multilateral, regional and bilateral agreements. The rationale and potential gains of negotiating a WTO agreement on Investment are examined.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

1. Demonstrate a sound understanding of the theories of foreign direct investment and the WTO principles of international trade in services
2. Demonstrate a solid understanding of the motivations of foreign direct investment and cross-border mergers and acquisition
3. Demonstrate a sound understanding of the impacts of foreign direct investment on host countries' domestic economy
4. Demonstrate a sound understanding of national government policies towards and their impacts on foreign direct investment
5. Demonstrate a sound understanding of the characteristics of international trade in services and the barriers to international trade in services
6. Demonstrate a strong ability to apply international economic theories and the WTO principles to analyze issues in global services trade and foreign direct investment liberalization

Required Resources

Lecture Notes and Reading Bricks are available on Wattle.

Recommended Resources

Visit WTO and UNCTAD websites for relevant reading materials: http://www.wto.org/ and http://www.unctad.org/

Additional reading materials will be provided during the course.

Staff Feedback

Students will be given feedback in the following forms in this course:

• Written comments
• Verbal comments

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.

Class Schedule

Week/Session	Summary of Activities	Assessment
1	Week 1: Introduction of Foreign Direct Investment Theories (Part I)
2	Week 2: Introduction of Foreign Direct Investment Theories (Part II)
3	Week 3: Investment Development Path and Motivations of Foreign Direct Investment
4	Week 4: Location Determinants of Foreign Direct Investment
5	Week 5: Impact of Foreign Direct Investment on Host Country's Economy
6	Week 6: Case Studies of Impact of Foreign Direct Investment on Host Country's Economy
7	Week 7: Cross-Border Mergers and Acquisitions
8	Week 8: Foreign Direct Investment Policies
9	Week 9: International Agreements on Investment
10	Week 10: The Special Characteristics of Trade in Services Barriers to Trade in Services
11	Week 11: General Agreement on Trade in Services (GATS)
12	Week 12: Issues in Multilateral Investment Negotiations

Assessment Summary

Assessment task	Value	Due Date	Return of assessment	Learning Outcomes
Assignment 1	10 %	06/09/2022	17/09/2022	1, 2, 3, 4
Short Essay	30 %	17/09/2022	26/11/2022	1, 2, 3, 4, 6
Assignment 2	10 %	01/11/2022	12/11/2022	1, 4, 5, 6
Final Essay	50 %	12/11/2022	01/12/2022	1, 2, 3, 4, 5, 6

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details

Policies

ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:

• Student Assessment (Coursework) Policy and Procedure
• Special Assessment Consideration Policy and General Information
• Student Surveys and Evaluations
• Deferred Examinations
• Student Complaint Resolution Policy and Procedure

Assessment Requirements

The ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.

Assessment Task 1

Assignment 1

50 Multiple choice questions.

Assessment Task 2

Short Essay

This short essay provides you with the opportunity to use foreign direct investment theories to examine foreign direct investment policy issues relevant to your country. The questions of the short essay are: What are your country's location advantages? What polices would you suggest to improve your country's location advantages to attract foreign direct investment. The short essay should be approximately 1500 words in length (excluding data and references) and is due on 18 September.

Criteria for assessment:

Structure and logic

Application of knowledge learned in the course

Analysis and arguments

Creativity

Appropriate and accurate use of sources (at least 5 references are required)

Compliance with word limit (plus or minus 5%)

Assessment Task 3

Assignment 2

50 Multiple choice questions.

Assessment Task 4

Final Essay

This Final essay provides you with the opportunity to apply the knowledge learned from this course to examine issues of foreign direct investment and trade in services relevant to your country/region. Students are recommended to consult with the lecturer when they choose the topic. The essay should be approximately 2500 words in length (excluding data and references) and is due on 12 November.

Criteria for assessment:

Structure and logic

Application of knowledge learned in the course

Analysis and arguments

Creativity

Appropriate and accurate use of sources (at least 10 references are required)

Compliance with word limit (plus or minus 5%)

Academic Integrity

Academic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.

Online Submission

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Hardcopy Submission

For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.

Late Submission

Late submission of assessment tasks without an extension are penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of assessment tasks is not accepted after 10 working days after the due date, or on or after the date specified in the course outline for the return of the assessment item. Late submission is not accepted for take-home examinations.

Referencing Requirements

Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information. In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service — including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy. If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.

Support for students

The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).

• ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
• ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
• ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
• ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
• ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
• ANUSA supports and represents undergraduate and ANU College students
• PARSA supports and represents postgraduate and research students