Analyzing Rice Exporters' Strategies Amid Trade Barriers and Currency

This reflective writing assignment analyzes the practices of rice exporters in addressing trade barriers and currency fluctuations. The report discusses the challenges faced by exporters, including customs clearance, product inspection, currency fluctuations, and government regulations. It highlights ...Read More

RUNNING HEAD: To Study The Practices Of Rice Exporters To Counter Trade Barriers And
Currency Fluctuation
TO STUDY THE PRACTICES OF RICE EXPORTERS TO COUNTER TRADE BARRIERS AND CURRENCY
FLUCTUATION

To Study The Practices Of Rice Exporters To Counter Trade Barriers And Currency Fluctuation
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Table of Contents
Assignment 3: Reflective writing...............................................................................................2
References..................................................................................................................................7

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Assignment 3: Reflective writing
I have prepared this reflective writing on the topic “To Study the Practices of Rice Exporters
to Counter Trade Barriers and Currency Fluctuation” in which discussion will be made
regarding the previous two assignments and knowledge which I have gained while
conducting the assignment 1 and assignment 2. I have learned how to execute a research
project and the manner in which information is collected by applying different methods or
approaches. In this research program, I have discussed various issues or problems which are
acting as a barrier and affecting the exporters engaged in the export of rice. Rice is being
exported to the different parts of the rice-producing countries of the world. Different barriers
which I have identified while conducting this research program are customs clearance,
product inspection, timely payments, currency fluctuations, government regulations, LC
openings and many others. I have collected information from different sources and from the
information collected; I have seen that different measures or practices are being used by the
exporters of rice (Shama, 2011).
The objective which I have set while conducting this research program is to identify the trade
barriers, restrictions and currency fluctuations faced by rice exported. Rice is an important
part of the agriculture of the world which is being consumed by a large number of people. I
have covered different aspects related to the rice exporters and the various problems which
they are facing while exporting their production to other countries. One of the leading
exporters of rice is Asian countries which are also considered as a home for the exporters of
rice all around the globe (Lakkakula, et. al., 2015). I have seen that there has been a rise in
the prices of rice due to the decrease in the export of rice. Export of rice has affected the large
population of different countries like India where rice is being consumed by a large number
of people on daily basis as a means of food security. I have analyzed data related to the crisis

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related to the pricing and availability of the rice in the rice market at the global level (Ha, et.
al., 2015).
I have gathered this data by initiating the process of data collection with the help of different
methods or approaches. I have analyzed that restrictions are placed on the export of the rice
and taxes are imposed on the agricultural as well as non-agricultural products. Restrictions on
the export activities of the rice have resulted in an increase in the prices of rice. Many
countries are supporting domestic price which is driving the self-sufficiency. Previously
during 1950-1955, the government was maintaining a monopoly on the export of rice and
numerous interchange rate systems (Lembergman, et. al., 2015). For the purpose of ensuring
the food security at domestic level, restrictions were imposed on the export of the rice as
there was a rise in the price of rice in different countries. I have discussed the export
restrictions in two different ways. In the previous one, export restriction acted as a problem
which increases taxes, quotas, and taxes. In the later one, the discussion has been made
regarding the treatment of the export restriction affecting the export activities of the different
countries (Mitra & Josling, 2009).
This learning which I have developed while conducting this research has contributed towards
my knowledge regarding the research topic. This learning experience has enhanced my
knowledge and developed my skills for executing the research program. A research program
is conducted with the application of different methods or approaches and I have developed
knowledge of the different methods or approaches. This learning process has enhanced my
knowledge regarding the data collection process and the role of different activities while
conducting the research program (Barney & Mackinlay, 2010). I have gathered data related to
the research program for enhancing the knowledge as well as conducting and completing the
research in a successful manner. I have gained a valuable experience which will help me in
the future for ensuring that the roles and responsibilities are being performed in a proper

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manner. I have prepared an action plan which has ensured that different activities are
conducted in a sequence. This learning process has enhanced my knowledge and experience
which I will apply while conducting other research works (Johnston, 2014).
The learning process is a crucial aspect of every individual’s life as learning process enhances
the knowledge of the individual. I have conducted this research with proper planning and by
ensuring that the efforts are going in the right direction. Execution process of the research has
ensured that I have completed this research within the timeframe decided. I have overcome
various limitations which would have affected the quality of the research and execution
process of the program in a successful manner. This course has formed a base for the future
projects which I will execute or undertake for conducting the program in a successful
manner. I have developed my knowledge regarding the various aspects related to the research
program (Coleman & Willis, 2015).
Knowledge of the environment is crucial as this knowledge will be applied for performing the
future roles in a better way. Knowledge gained from any activity is very useful as this
knowledge can be used while performing the role. Export, import, trade barriers and currency
fluctuations are common topics of the business environment and knowledge of these common
topics of the business environment enhances the quality of the actions performed. I will be
able to cope with the changing situations faced in professional or personal life. I will apply
this knowledge gained for performing the professional roles assigned in an effective and
efficient manner (Powers, et. al., 2016).
During the execution process of the research, I have come across various aspects while
conducting the research. During the research execution process, I have executed the research
program in a sequential manner by collecting knowledge or information related to the
research topic. I have initiated the research program by analyzing the manner in which I will
execute the research (Chang & Lin, 2014). During the execution of the research program, my

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focus was on the collection of the quality data so as to ensure that the data presented in the
research is reliable and authentic. I have applied different approaches for ensuring that the
research is conducted effectively and completing the research my maintaining the reliability
of the research (O'Gara, 2014). I have conducted the research by dividing the research
program into different parts. I have initiated the data collection process by applying effective
approach for data collection process. This data collection process has resulted in developing a
base for the research properly and ensuring that the objectives and research questions of the
research are answered in a justified manner (Nirmala, 2013).
This research program has proved very useful for the research learning process by
contributing towards my knowledge and enhancing the skills. Knowledge and skills
possessed by me have enhanced with the execution of the research program effectively.
Business research has encouraged me and motivated me to conduct the research properly in
future for the attainment of the objectives hidden behind the execution of the research
program. The learning process has shaped my knowledge and encouraged me for performing
future research projects as per the specifications provided.
I have conducted different activities in the assignment one and assignment two for ensuring
that the objectives are attained. I have conducted assignment one for presenting data related
to the research topic and developing knowledge related to the research topic. I have formed
research objectives on the basis of which parameters of the research have been defined. I
have presented the data in assignment one which I have gathered with the use of various
methods or approaches. In the assignment 2, I have discussed different approaches or
methods which I have used for executing the research and collecting quality data for the
research. I have selected the most suitable approaches which I have applied in this course for
attaining the aim I have set.

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I will apply the knowledge of the research topic gained in this program in the real-life
experience of dealing with the real-life situations or issues. Theoretical knowledge is crucial
which forms the basis for the practical knowledge. Theoretical knowledge will be applied for
conducting the research in a successful manner and it will help me in making better decisions
in the future in the professional life. The knowledge of the different aspects of the research
topic which I have developed in this program has motivated me to implement the same in
future.
Thus, at the end of the reflection, it can be concluded from the above discussion that this
research program has helped me in discussing various aspects related to the research in an
effective manner. This research has provided me an opportunity to enhance my knowledge
and encourage me to develop my knowledge. I have presented the data properly for
maintaining the authenticity of the research. I have collected with the use of different
methods by analyzing the different approaches available. This business research has
contributed towards the development of my knowledge and skills which I will apply in future
for carrying out the future research programs.

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References
Barney, K. & Mackinlay, E., 2010, “Creating Rainbows from Words and Transforming
Understandings: Enhancing Student Learning through Reflective Writing in an Aboriginal
Music Course.”, Teaching in Higher Education, 15(2), pp.161–173.
Chang & Lin, 2014, “The effect of reflective learning e-journals on reading comprehension
and communication in language learning”, Computers & Education, 71, pp.124–132.
Coleman & Willis, 2015, “Reflective writing: The student nurse's perspective on reflective
writing and poetry writing”, Nurse Education Today, 35(7), pp.906–911.
Ha, Nguyen, Kompas, Che and Trinh, 2015, “Rice Production, Trade and the Poor: Regional
Effects of Rice Export Policy on Households in Vietnam”, Journal of Agricultural
Economics, 66: 280–307.
Johnston, M. P., 2014, “Secondary Data Analysis: A Method of which the Time Has Come”,
Qualitative and Quantitative Methods in Libraries, pp. 619 –626.
Lakkakula, P., Dixon, B. L., Thomsen, M. R., Wailes, E. J. andDanforth, D. M., 2015, Global
Rice trade competitiveness: ashift-share analysis”, Agricultural Economics, 46: 667–676.
Lembergman, E. G., Rossi, M., & Stucchi, R., 2015, “Worldmarket integration of
Vietnamese rice markets during the 2008 foodprice crisis”, Food security, 7(1), 143-157.
Mitra, S., & Josling, T., 2009, “Agricultural export restrictions: Welfare implications and
trade Disciplines”, International Food &Agricultural Trade Policy Council (IPC).
Nirmala, Y., 2013, “Chapter four: research design”, Language in India, vol. 13, no. 2, pp.
102.
O'Gara, S., 2014, “Writing a CPD article: a CPD article enhanced Shaun O'Gara's
understanding of the process of writing a reflective account”, Nursing Standard, 29(9),
pp.61–61.

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Powers, E., Vance, M. & Fleming, L., 2016, “Teaching Reflective Writing Through Learning
Communities: An Opportunity to Meet Student Needs and Improve Student-Faculty
Relationships”, Medical Science Educator, 26(1), pp.129–133.
Shama, R., 2011, “Food export restrictions: review of the 2007-2010experience and
Considerations for disciplining restrictive measures”, Rome: FAO.