国际贸易实务(英文版)(第二版) General Introduction.ppt

* * * * SEIB OF GDUFS SEIB OF GDUFS SEIB OF GDUFS * 国际贸易实务（英文版） 周瑞琪 王小鸥 徐月芳 编著 对外经济贸易大学出版社 INTERNATIONAL TRADEPRACTICE By Zhou Ruiqi Wang Xiaoou Xuyuefang of School of English for International Business Guangdong University of Foreign Studies Chapter One General Introduction SEIB OF GDUFS * 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 SEIB OF GDUFS * 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. SEIB OF GDUFS * 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 SEIB OF GDUFS * 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 SEIB OF GDUFS * 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 SEIB OF GDUFS * 1.3 Classification of international trade Types of transit trade Direct