[小学教育]Chapter 1 General introduction.ppt

International Trade Finance主讲：陈建新chenjianxin1969@126.com Trade Finance Definition International trade refers to countries around the world exchange of goods and services activities. Trade: Study on the law of world commodity flow Finance: Study on the law of world capital flow Exercise: It’s international trade or domestic trade between Wuxi and Hongkong? International finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, and how these affect international trade. Key principal in all business : - maximize sales profits and managing risk reducing exposure Risks in international transactions include: - legal risk - political risk - marketing risk - ?nancial risk Risk in international trade ?nance: - non-payment - incorrect goods received - currency issues Most financial risk can be Minimized or eliminated with good contracts and planning Assignments 1 Please talking about the difference: risk , danger , insurance Chapter One General Introduction 1.1 Origin and development of international settlement 1.2 Basis and conditions of inter-national settlement 1.3 International payment systems 1.1 Origin and development of international settlement Basic concepts and content of international settlement Evolution of international concept Characteristics of modern international settlements 1.1.1 Basic concepts and content of international settlement Basic Concepts kinds Basic content Concept of International Settlement the financial activities conducted among different countries in which payments are effected or funds are transferred from one country to another in order to settle accounts, claims and debts that have emerged in the course of political, economic or cultural contacts among them. Kinds of international settlement Trade settlement: payments for visible trades Non-trade settlement: 1、invisible trade settlement： payments for services, technology transfer, patents an