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自考国际商务英语lesson2
International Business English Lesson 2 Income Level and the World Market Business Knowledge GNP and GDP Per capita income and per capita GDP High-income, middle income and low-income countries Standards for classification Representative countries Triad and Quad United States Western Europe Japan Canada Other important markets for China Trade Terms 1. GNP国民生产总值: Gross national Product. The market value of goods and services produced by the property and labor owned by the residents of an economy. 2. GDP国内生产总值: Gross Domestic Product. The market value of all goods and services produced within the geographic area of an economy. 3. National income国民收入 4. Per capita income人均收入 5. Per capita GDP人均国内生产总值: It is calculated by dividing its total GDP by its population, which reveals the average income level of consumers. 6. PPP购买力平价: Purchasing power parity 7. Consumerism消费主义 8. Income distribution收入分布: The proportions of its rich, middle income and poor people. 9. Infrastructure基础设施 10.Staple goods大路货 11.Invoice (开)发票 12.Creditor country债权国 13. OECD经合组织,经济合作与开发组织: Organization for Economic Cooperation and Development. 14. The Commonwealth of Independent States 独联体,独立国家联合体 15. ASEAN 东盟,东南亚国家联盟: Association of Southeast Asian Nationals. 16. NIEs(亚洲四小虎): Newly Industrialized Economies 17. Factors of production生产要素 GNP and GDP are two important concepts used to indicate a country’s total income. The difference between them is that the former focuses on ownership of the factors of production while the latter concentrates on the country where production takes place. In assessing the potential of a country as a market, people often look at per capita income since it provides clues about the purchasing power of its residents.. Countries of the world are divided by the World Bank into three categories of high-income, middle-income and low-income economies. China with a per capita income of over $1100 is a middle-income country though it was a low-income country just a few year
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