International trade and corporate social responsibility

International trade and corporate social responsibility

Instructions

International trade and corporate social responsibility

International trade is a crucial aspect of the global economy, as it facilitates the exchange of goods and services between countries. As businesses engage in international trade, they are expected to take into account their social and environmental impact, which is known as corporate social responsibility (CSR).

Corporate social responsibility (CSR) is a concept that encourages businesses to conduct themselves in a socially responsible manner that considers their impact on society and the environment. It includes not only compliance with legal requirements but also voluntary actions that promote positive impacts on society.

International trade can have both positive and negative impacts on CSR. On the one hand, international trade can help to promote economic growth and reduce poverty, particularly in developing countries. When businesses engage in ethical and sustainable practices, they can also contribute to positive social and environmental outcomes. For example, they may invest in renewable energy, reduce carbon emissions, or promote fair labor practices.

On the other hand, international trade can also lead to negative social and environmental impacts, particularly when businesses prioritize profit over ethical and sustainable practices. For example, companies may exploit workers by paying low wages or ignoring basic labor standards. They may also engage in environmentally damaging practices, such as deforestation or pollution, in pursuit of profit.

To address these challenges, international organizations, such as the World Trade Organization (WTO) and the International Labour Organization (ILO), have developed guidelines and standards for CSR in international trade. These standards encourage businesses to take into account their impact on society and the environment and to engage in ethical and sustainable practices.

For example, the WTO has developed a set of principles on CSR in international trade, which include promoting transparency, respecting human rights, and ensuring that trade contributes to sustainable development. The ILO has also developed a set of core labor standards that require businesses to respect basic human rights and labor standards, such as the elimination of forced labor and child labor.

Many businesses have also adopted CSR policies and practices to ensure that they engage in ethical and sustainable practices. These policies may include commitments to reducing carbon emissions, promoting fair labor practices, or investing in sustainable supply chains. By engaging in CSR practices, businesses can improve their reputation, attract customers, and mitigate their impact on society and the environment.

In conclusion, international trade and corporate social responsibility are closely linked, as businesses engage in international trade, they have a responsibility to take into account their impact on society and the environment. While international trade can have both positive and negative impacts on CSR, international organizations, such as the WTO and the ILO, have developed guidelines and standards to promote ethical and sustainable practices in international trade. Many businesses have also adopted CSR policies and practices to mitigate their impact on society and the environment and to promote positive social and environmental outcomes.

International trade and corporate social responsibility

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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