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国际经贸英语实务(双语教材)?Economics and Trade 主 编 周 锦 刘畅唱 高等学校应用型特色规划教材 经管双语系列 Part 1 Overview Lead-in Background Information What Is International Trade? International trade, also known as world trade, foreign trade, overseas trade, import and export trade, is the fair and deliberate exchange of goods and services across international boundaries or territories. It concerns trade operations of both import and export and includes the purchase and sale for both visible and invisible commodities. International trade involves activities across international boundaries and territories. Domestic trade is the exchange of domestic goods and services within the boundaries of a country. The main difference is that international trade is typically more costly and complicated than domestic trade, and special problems may arise, which are not normally experienced when trading at home. Basic Concepts in International Trade 1) Visible trade and invisible trade Visible trade refers to the exchange of physically tangible goods between countries, involving the export, import, and re-export of goods at various stages of production. It is distinguished from invisible trade, which involves the export and import of physically intangible items such as services. Basic categories of invisible trade include services (receipts and payments arising from activities such as customer service, shipping or insurance); income from foreign investment in the form of interest, profits, and dividends; private or government transfers of money from one country to another; and intellectual property and patents. 2) Import trade, export trade and entrepot trade When goods or services are sold from foreign countries to the domestic consumers in a legitimate fashion, the exchange is import trade. However, when goods or services are provided to foreign consumers by domestic producers in a legitimate fashion, it is export trade. Given certain reason, the exchange of goods or services does not happen direct
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