《Chap1Gerneralintroduction.pptVIP

2005-9-13 SEIB OF GDUFS INTERNATIONAL TRADEPRACTICE By Zhou Ruiqi Wang Xiaoou Xuyuefang of School of English for International Business Guangdong University of Foreign Studies Chapter One General Introduction 绪论 International trade / world trade / foreign trade / overseas trade The process of fair and deliberate exchange of goods and services across national boundaries, involving the use of two or more currencies. Including the purchase and sale of both visible and invisible goods. 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 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 transported further without any processing 3rd country earns warehousing charges + imp. and exp. duties 1.3 Classification of international trade From the number of participants involved Direct trade Two parties involved: the importer and the exporter Indirect trade Three parties involved: the exporter, the importer and the intermediate party Entrep?t trade One party involved: who is the importer, the processor and also the exporter 1.3 Classification of international trade From the form of the goods Visible trade / tangible goods trade Mostly consuming goods: cars, wines, shoes etc. Needs customs declaration Invisible trade / intangible goods trade services and technology Needs no customs d