国际贸易实务(英文版)(第二版)Generalintroduction.pptVIP

2005-9-13 SEIB OF GDUFS INTERNATIONAL TRADEPRACTICE Chapter One General Introduction Learning Objectives After learning this chapter, you should be able to define what is meant by international trade explain the reasons for engaging in international trade identify the benefits of international trade tell the differences between domestic and international trade understand the major procedure involved in international trade realize the importance of contract Concept of international trade International trade / world trade / foreign trade / overseas trade The fair and deliberate exchange of goods and services across national boundaries. Concerning trade operations of both import and export Including the purchase and sale of both visible and invisible goods. 1.1 Reasons for international trade Resource reasons Natural resources Human resources Technology Economic reasons Benefits Comparative advantage (David Ricardo) Economies of scale Other reasons Political reasons Different taste and preference 1.2 Differences from domestic trade International trade involves foreign languages and different cultures foreign laws, customs and regulations or international rules foreign currencies higher risks: Political risks, Commercial risks, Financial risks, and Transportation risks more complex business procedures broader range of management skills 1.3 Classification of international trade From the direction of cargo flow Export trade domestic market →international market for sale Import trade foreign countries → domestic market for sale Transit trade producing countries →via a third country →consuming country 1.3 Classification of international trade Types of transit trade Direct transit trade Commodities further transported toward outside along the domestic transportation line without being placed in the bonded warehouse 3rd country earns profit by imposing imp. and exp. duties Indirect transit trade Commodities first placed in the bonded warehouse before being transport