unit 2student2009-2.pptVIP

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unit 2student2009-2

Review for Unit One 比较优势/绝对优势 大规模生产 采取贸易保护措施 国际收支 (达到国际收支平衡) 卡特尔 外汇 商品期货贸易 套期保值 Review for Unit One Tangible/Intangible goods Franchising/Licensing Economy of scale Direct/indirect/portfolio investment Circumvent trade barriers Economic integration tariff quota Week Two International Trade Practice Unit Two Export Procedures International Payment Settlements Learning Objectives Upon completion of this unit, you will be able to: Understand the essential terms and procedures in import and export practice, especially the international payment methods Read and translate the terms and conditions of L/C and sales contract. Reading Comprehension Questions (5 mins) Unit 2 Text: Exporting and Importing Procedures What are the purposes of Export Licenses? If an L/C is used in an international transaction, normally which documents should the exporter present to the negotiating bank in order to get the payment? Suggested Answer The purposes of Export Licenses: to control export because of some foreign policy or national security reasons. (Commercial ) Invoice; (Marine) Bill of Lading; Insurance Policy; Certificate of Origin, Inspection Certificate; Packing List Export Procedures Contracts for export in our country are mostly signed under CIF term on Letter of Credit. The whole export process generally includes about eight procedures, among which cargo readiness, Letter of Credit, Booking space or ship and document and payment are the most important ones. Key Concept ~~ “Incoterms 2000” Incoterms are standard trade definition (or interpretation of trade terms 贸易术语) most commonly used in international sales contracts. Devised and published by the International Chamber of Commerce 国际商会, they are at the heart of international trade. Its purpose is : to facilitate the conduct of international trade. To define clearly the parties respective obligations and reduces the risks of legal complications. To reduce or remove uncertainties arising from different interpretation of trade

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