国际贸易实务英文版第二版Generalintroduction.ppt

INTERNATIONAL TRADE PRACTICE Chapter One General Introduction SEIB OF GDUFS 3 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 4 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 5 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 6 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 7 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 8 1.3 Classification of international trade ? Types of transit trade ? Direct transit trade ? Commodities further transported toward outside along the