International Trade: Critically reflect and discuss the key activities of the forward exchange market and how useful is this market for international traders. (Please consider using Pharmaceutical Industry i.e., Manufacturing and pharmaceutical trading’s etc)

Portfolio 1 – By 01 Apr 2022 (750 words)
IIT (Intro Industry Trade) indices and their potential implications for the UK trading policy – Refer and reflect on Task 2: Please collect imports and exports data for a particular year (e.g., 2021) to calculate IIT indices for the USA and the UK trade for 2 industries.
Requirement: Critically reflect what are the implications of your IIT index calculations you have provided in task 2 on the UK trade policy? – This must be critically reflected and argue/debate

Portfolio 2 – By 15 Apr 2022 (1000 words)
Topic: Critically reflect and discuss the key activities of the forward exchange market and how useful is this market for international traders. (Please consider using Pharmaceutical Industry i.e., Manufacturing and pharmaceutical trading’s etc)

Outlines
This assignment focuses on the activities of the forward exchange market and the usefulness of this market for international traders.

you need to focus attention on the floating exchange rate system and daily fluctuations in spot rates. Under a floating exchange rate system, there is always the potential for financial losses and uncertainty concerning future net payments and net receipts. Participation in the forward foreign exchange market might be a good option for international traders in these risky situations.
Make use of charts, for example, on the volume of forwarding transactions and forward rates to support your discussion in this assignment.

When writing your assignment, please keep in mind the following aspects:
• Use of source material
• Knowledge and understanding
• Strong Argument and justification on argument – how well you develop an argument (Extremely important)
• Structure and clarity
• Balance/answering the question
• The ability to handle quotations and references

Guidelines:
1. Your critical essay should be [1000] words in length (+/- 10%): The word count excludes references, tables, charts, graphs, appendices, etc.
2. Please include at least (2 tables, 2 charts and 2 graphs) related to international trade within Pharmaceutical industry as well as giving some comparable examples to other industry i.e., Implication of Russian Invasion to Ukraine to International Trades in particular Oil and Gas industry etc.
3. Please keep in mind the following aspects:
• Use of source material
• Knowledge and understanding
• Strong Argument – how well you develop an argument
• Structure and clarity
• Balance/answering the question
• The ability to handle quotations and references (Harvard style)