๐ Written Ability Test (WAT)/Essay Analysis Guide
๐ Topic: The Role of International Trade in Diplomacy
๐ Understanding the Topicโs Importance
๐ก International tradeโs role in diplomacy transcends economics, fostering alliances and conflict resolution. This topic aligns with B-school themes of strategy and global business.
๐ Effective Planning and Writing
- โฑ๏ธ Time Allocation:
- Planning: 5 minutes
- Writing: 20 minutes
- Review: 5 minutes
- ๐ Preparation Tips:
- Gather recent statistics on trade’s impact on global diplomacy.
- Identify key stakeholders and notable free trade agreements (FTAs) such as USMCA and RCEP.
โ๏ธ Introduction Techniques for Essays
- โ๏ธ Contrast Approach:
“While trade fuels global economic growth, it also intensifies competition, challenging diplomatic cohesion.”
- ๐ Timeline Approach:
“From the Bretton Woods system to the recent USMCA agreement, trade has consistently evolved as a diplomatic tool.”
๐ Structuring the Essay Body
- ๐ Achievements:
- Discuss how the EUโs cohesive trade policies foster regional unity and diplomatic stability.
- Highlight success stories like ASEANโs economic integration reducing regional tensions.
- โ ๏ธ Challenges:
- Barriers like sanctions and trade wars strain international relations, as seen in the US-China trade conflict.
- Address trade imbalances that exacerbate geopolitical risks.
- ๐ Future Outlook:
- Propose fostering ethical and sustainable trade practices that promote shared growth.
- Recommend leveraging digital technologies like blockchain for transparent and fair trade practices.
๐ Concluding Effectively
- โ๏ธ Balanced Conclusion:
“Trade fosters diplomacy but requires balance to address inequalities and tensions.”
- ๐ Global Example-Based Conclusion:
“Like the EU-China trade dialogue, diplomacy through trade shows potential despite challenges.”
๐ Analyzing Successes and Shortcomings
- ๐ Key Achievements:
- Increased global GDP through trade agreements like RCEP.
- Resolution of regional conflicts via economic interdependence.
- โ ๏ธ Ongoing Challenges:
- Trade imbalances between developed and developing nations.
- Geopolitical risks linked to protectionism and sanctions.
๐ฑ Recommendations for Sustainable Progress
- ๐ Promote equitable trade policies that prioritize inclusivity.
- ๐ Leverage technology for transparent and efficient trade practices, such as blockchain-based systems.
- ๐ค Strengthen dispute resolution mechanisms within WTO frameworks to reduce trade-related conflicts.
๐ Sample Short Essays
- โ๏ธ Balanced Perspective:
“While international trade enhances diplomacy, it requires measures to mitigate economic disparities.”
- ๐ก Solution-Oriented:
“Promoting fair trade and regional cooperation can strengthen diplomatic relations globally.”
- ๐ Global Comparison:
“The EUโs cohesive trade policy exemplifies how economic partnerships bolster diplomacy.”