Course Description
Navigating Trade Uncertainty with Data Analysis. This badge recognizes the holder’s proficiency in leveraging data analysis to navigate the complexities of international trade in an environment of evolving trade policies and tariffs.
Course Topics
The earner has demonstrated the ability to:
- Interpret Trade Data: Understand and differentiate between traditional trade data and Trade in Value Added (TiVA) data for strategic decision-making.
- Analyze Market Trends: Identify and analyze key market trends and potential disruptions caused by trade policy volatility to inform economic impact assessments.
- Apply Data Analysis Tools: Utilize data analysis tools to enhance strategic and analytical capabilities in providing advice on international trade.
- Assess Supply Chain Vulnerabilities: Explore Multinational Corporation and firm-level trade data, including TiVA databases, to identify and understand potential supply chain risks.
- Understand Policy and Compliance: Recognize the intersection of trade data, trade policies, and regulatory compliance in the global economy. Holders of this badge are equipped with the foundational knowledge and skills to make more informed and strategic trade decisions in the face of uncertainty.
Earning Criteria
Learning Objectives: Identify the strengths and weaknesses in traditional trade and trade in value added data to better manage risks. Differentiate between supply chain and value added trade databases. Understand the historical evolution of global trade and trade in value added. Understand the various TiVA indicators and how they are used to identify the connections and positions of trading countries and sectors. Understand the role of Multinational Corporations in value and supply chains, and how they, and smaller firms, manage supply chain risks in a rapidly changing policy landscape.
Level
Foundational