财经英语1.pptVIP

Chapter 4 Benefits of International Trade New words P51-52 Answer the following questions: What is meant by international trade? International trade is a phenomenon which occurs when goods and services are exchanged across national boundaries. What are the chief benefits from international trade? To improve the benefits of the world To make the great uses of resources Give examples to show that no country is able to produce everything it needs. Does international trade have negative effects on a country’s economic development? Some foreign-funded enterprises are more concerned about making money, and much less concerned about the host countries’ environmental protection. Some foreign businessmen may bring their bad habits and decayed way of life into their trading partner’s country, thus polluting its culture and society. Useful terms Turn our attention to 将注意力转向 On an international scale 在国际范围内 Overseas investment 外国投资 Foreign direct investment 外商直接投资 portfolio investment 间接投资，证券投资 Contracted projects 承包项目 Living standards Standard of living 生活水平 Deposits 矿产的储存 Make money in the form of foreign exchange 赚取外汇 Industrialization process 工业化进程 Shortage of capital 资本短缺 Joint ventures 合资企业 Mutual understanding 相互理解 Boost a country’s competitiveness 提高一国的竞争力 After-sales services 售后服务 A case in point 合适的例子 GNP per capita 人均国内生产总值 In contrast 相反 Engine of economic growth 经济增长的发动机 Background knowledge Why do countries of the world engage in international trade? Resource reasons Favorable climatic conditions and terrain(地形) Natural resources Skilled or cheaper labor Capital resources Favorable geographic location and transportation costs 2. Economic reasons To secure economic benefit (learn from text) 3. Political reasons Supporting a country’s government A firm can accomplish the objective of doing business internationally in a number of ways. 1.Exporting Selling goods or services in foreign markets 2. Importing Buying goods or services from foreign countries 3. Licens