《Internatinal Trade Practice》.doc

International Trade Practice（国际贸易实务） Learning Objective: by learning this course, students should be able to know: The Reasons of International Trade; The forms of International Trade; The procedures of export and import; The elements of a contract in international trade and what attentions should be paid in making the sales contract in international trade. The mode of international payment and terms of payment The impact of appreciation and depreciation of currency to international trade Transportation of goods for international trade; Packing of goods for international trade INCOTERMS 2000 10. About currency exchange and tax refund from export Definition of International Trade (foreign trade, overseas trade) : International trade is a business transaction which involves the crossing of national borders. It includes not only international trade and foreign manufacturing, but also encompasses the growing services industry in areas such as transportation, tourism, banking, advertising, construction, retailing, wholesaling etc. The International Trade Arises for Many Reasons: For resources (寻求资源) The world resources are unevenly distributed. Some countries and regions are abundant in natural resources, elsewhere, resources are scarce or nonexistent. Both modern manufacturing and agriculture require many different resources. Britain possesses large reserves of coal but lacks minerals such as copper and aluminum. The United States is a major consumer of coffee, yet it does not have the climate to grow coffee. So it has to import coffee from other countries rich in coffee like Brazil, Colombia and son on. For Benefits （寻求利润） Another reason of international trade is for economic benefit. It is found that a country benefits more by producing goods it can make most cheaply and buying those goods that other countries can make at lower costs than by producing everything it needs within it own country. Comparative advantage has directed countries to specialize in pa