国际贸易理论与实 1务.ppt

Chapter 1 An Introduction to International Trade Learning Objectives To learn the definition of international trade To understand the basic concepts in trade 1.1 International Trade Definition 1.1 International Trade Definition The differences between international trade and domestic trade Exercise 1.1 1.1 International Trade Definition Classification Buy in commodities from another country Exercise 1.2 * * International Trade Theory and Practice by Queenie Liang(梁惠妍) Policy Course of International Trade Practice Theory Introduction of the course: ★ Assessment of the course: Homework(20%) Final Outcome Attendance (10%) Final Test (70%) International Trade Trade Domestic Trade Voluntary exchange of goods and services Voluntary exchange of goods and services within a national. ﹖ International Trade Voluntary exchange of goods and services across national borders. Risks Cultures differences Currency/ Exchange rate Information of partners Languages /Laws Domestic trade International trade Different Same Difficult to obtain Easy to obtain Different Different Same Same High Low Case 1: ABC company (Guangdong, China) bought 10000 tons of rice from Hunan province. Case 2: QF company (Taiwan) sold 3500 pieces of T-shirt to Mainland China. International Trade Voluntary exchange of goods and services across national customs borders. International Trade Direction Content Mode Import Export Tangible Trade Intangible Trade Direct Trade Indirect Trade Direction Import Export Sell out commodities from another country An American based company buy in some textile products from China. Question: What is it for America? And what is it for China? Answer: It is import for America and export for China. Conclusion: One nation’s import is another nation’s export. 有形贸易 Trade in goods, merchandise. 无形贸易 Trade in services, technique. Content Tangible