International Trade and Logistics Case Study Analysis, ECO 803 Report

This report provides a critical analysis of two case studies related to international trade and logistics. The first case study focuses on the relationship between exchange rates and sovereign bond prices in emerging markets, examining the explanatory power of exchange rates on US dollar-denominated sovereign bonds, particularly after the global financial crisis. The analysis employs a two-factor pricing model and empirical tests, highlighting a strong relationship between exchange rate stability and sovereign risk. The second case study explores the effects of new international airports and air-freight integrator's hubs on the mobility of cities in urban hierarchies in East and Southeast Asia. The report suggests areas for future research, such as incorporating macroeconomic and country-specific variables, and concludes by emphasizing the need for improved research approaches to refine findings.

INTERNATIONAL TRADE AND
LOGISTICS

Assessment of a critical analysis of the case
studies relating to the topic of international
trade and logistics.
The second case examines the relationship
between sovereign bond price and exchange
rate of currencies in emerging markets.

 The case study has adopted different research approach
and models to determine the impact of one variable on
another.
 The second case study poses the research question of
whether the exchange rate currencies can adequately
explain the sovereign bond that is dominated in US
dollar (Hui et al., 2018). This research question has
significance in determining the relationship between
the two variables.

 The second research paper also conducted
an empirical test to study the relationship
between US treasury yield and exchange
rate of countries under countries.

 Analysis of second research paper ascertains that, there
exists a strong relationship between the stability of
exchange rate and sovereign risk exchange market
KEY FINDINGS OF RESEARCH PAPER

 Future research should consider some other variables
affecting sovereign risk such as macro economic
variables and country specific variables.
 The extension of research in the second case study
could be the scale of domestic market that is served
from a city
RECOMMENDATIONS:

 The research paper has adopted different research
approach and have made use of various graphs and data
collected from different sources.
 However, there is a need to improve the research
approach for refining the facts and results that have
deduced.
CONCLUSION: