Posted: November 13th, 2024

Understanding Governmental Trade Interventions and Business Adaptation Strategies

INT 220 Module Three Journal Guidelines and Rubric

Understanding how governments shape the flow of goods and services across borders is crucial for any student of international business. Many industries today depend on these trade policies to thrive or adapt in a globalized economy. The following brief provides guidance on analyzing and reflecting upon the impact of governmental trade interventions on industries and businesses.

Overview

This journal assignment explores the impact of governmental trade interventions on industries and businesses. It helps students connect policy actions with real-world effects on markets and business decisions. By analyzing a specific example of economic intervention, you will examine the government’s reasons for implementing the policy, identify affected parties, and summarize essential information that businesses need to adapt. Exploring these relationships allows you to see how policy can reshape industry competitiveness. This reflection will deepen your understanding of how trade regulations shape market dynamics and influence decision making for businesses. Such comprehension prepares you to think critically about government actions in global trade contexts.

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Directions

Governments and political leaders often create economic incentives and restrictions that influence trade to protect or benefit their domestic markets. These choices are sometimes controversial but always impactful for companies that rely on international operations. These interventions can have significant effects on specific industries and the businesses operating within them. When businesses recognize how such interventions function, they can make informed decisions about expansion, sourcing, and pricing. In this journal assignment, you will analyze the impact of a specific governmental trade intervention. A well-chosen case example will help you understand the balance between regulation and market freedom.

Specifically, you must address the following rubric criteria:

1. Government Intervention: Provide a clear example of a government economic trade intervention designed to influence, regulate, or control trade for a specific industry. Summarize the reasons behind the government’s actions, drawing from the module resources or other reliable sources. Offering current data or recent examples will strengthen your analysis and relevance.
2. Impacted Parties: Identify the parties and organizations affected by the intervention and explain the intervention’s impacts. Include an analysis of how the intervention influenced commodity prices, if applicable. Consider both the short-term and long-term consequences for stakeholders to capture a full picture of its influence.
3. Business Implications: Summarize the key information that a business in the affected industry would need to understand to adapt to or mitigate the intervention’s effects. Include a rationale supported by data and product considerations. Reflecting on adaptive strategies can reveal how firms manage uncertainty and sustain competitiveness.

What to Submit

Submit this assignment as a 2- to 3-paragraph Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Providing clear structure and accurate citations helps demonstrate academic integrity and professional presentation. Cite any sources used in APA format. Proper referencing ensures that your work maintains credibility and scholarly rigor.

Module Three Journal Rubric

The rubric below details the criteria for assessment. Each area highlights the expectations for excellence in clarity, analysis, and communication. Understanding the rubric will guide you to align your responses with academic standards.

Criteria	Exceeds Expectations (100%)	Meets Expectations (85%)	Partially Meets Expectations (55%)	Does Not Meet Expectations (0%)	Value
Government Intervention	Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner	Provides a clear example of a government economic trade intervention with adequate reasoning and supporting details	Provides an example of government trade intervention with limited reasoning or minimal supporting details	Does not attempt criterion	25
Impacted Parties	Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner	Identifies the parties and organizations affected by the intervention and explains the intervention’s impacts, including a basic analysis of how the intervention influenced commodity prices, with sufficient detail	Identifies some affected parties and organizations, but provides a minimal or unclear explanation of the intervention’s impacts; provides a limited analysis of commodity prices, if mentioned at all	Does not attempt criterion	25
Business Implications	Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner	Summarizes key information that a business in the affected industry would need to understand to adapt to or mitigate the intervention’s effects, including a rationale supported by data and product considerations, with sufficient clarity	Summarizes basic information a business might need to understand to adapt to or mitigate the intervention’s effects, but lacks sufficient detail or depth; the analysis may be limited, with errors or omissions in explaining key business strategies	Does not attempt criterion	25
Clear Communication	Exceeds expectations with an intentional use of language that promotes a thorough understanding	Consistently and effectively communicates in an organized way to a specific audience	Shows progress toward meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts understanding	Shows no evidence of consistent, effective, or organized communication	15
Citations and Attributions	Uses citations for ideas requiring attribution, with few or no minor errors	Uses citations for ideas requiring attribution, with consistent minor errors	Uses citations for ideas requiring attribution, with major errors	Does not use citations for ideas requiring attribution	10
Total:					100%

Understanding and applying these guidelines ensures a well-rounded reflection that demonstrates academic growth and awareness of trade dynamics. Keeping a focus on clear evidence and thoughtful interpretation will help you achieve top marks while building critical thinking skills for global business environments.

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Suggested References (2019–2025)

• Bagwell, K., & Staiger, R. W. (2021). International Trade Policy and Economic Welfare: Revisiting Trade Agreements. Journal of International Economics, 133, 103–122. https://doi.org/10.1016/j.jinteco.2021.103522
• Rodrik, D. (2020). Trade Policy and the Political Economy of Globalization. Annual Review of Economics, 12(1), 131–153. https://doi.org/10.1146/annurev-economics-082019-110640
• Evenett, S. J. (2022). Protectionism, State Intervention, and Trade in the Pandemic Era. World Economy, 45(6), 1552–1574. https://doi.org/10.1111/twec.13239
• Irwin, D. A. (2019). Does Trade Policy Uncertainty Affect International Trade? Evidence from the Post-War Period. NBER Working Paper Series. https://doi.org/10.3386/w26246
• Bown, C. P., & Crowley, M. A. (2023). Trade Wars and the Economics of Tariff Retaliation. Economic Policy, 38(114), 315–356. https://doi.org/10.1093/epolic/eiad001

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