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ChapterOne:
InternationalTradeWangLeiInternationalLogistics：TheManagementofInternationalTradeOperations1
Content1InternationalTradeGrowth2InternationalTradeMilestones3LargestExportingImportingCountries4InternationalTradeDrivers5InternationalTradeTheories6TheInternationalBusinessEnvironment2
1InternationalTradeGrowth
InternationalTradeGrowth4InternationalTradeGrowth1952-2015.Source:WorldTradeOrganization
InternationalTradeGrowth5GrowthinInternationalTradeandShareofSelectedCountries(incurrentU.S.$billions)Source:WorldTradeOrganization+21002InternationalTradeMilestones
InternationalTradeMilestones72016TPP?TTIP?
3LargestExportingImportingCountries
MajorExportingCountries（2015）9
MajorImportingCountries（2015）10
4InternationalTradeDrivers
InternationalTradeDrivers1CostDriverSpreadcostsoverlargernumberofunitsandfindlowcostsuppliers.122CompetitiveDriverFollowcompetitiortonewforeignmarketorexpandmarketshare.3MarketDriverIncreaseduniformityofconsumertastesandpreferences.4TechnologyDriverIncreasedaccesstoinformationandeasyaccesstonewcustomersovertheinternet.
5InternationalTradeTheories
InternationalTradeTheories14
InternationalTradeTheories15Smith–AbsoluteAdvantageTheabsoluteadvantagetheorystatesthatwhenanationcanproduceacertaintypeofgoodmoreefficientlythanothercountries,itwilltradewithcountriesthatproduceothergoodsmoreefficiently.
InternationalTradeTheories16TonsofRiceTonsofWheatCountryA10050CountryB80100Inthiscase,weassumebothcountriesareusingthesameamountoflaborinthesametimeframe.CountryAhasanabsoluteadvantageinproducingriceandCountryBhasanabsoluteadvantageinproducingwheat.Asaresult,CountryAwillspecializeinmakingriceandCountryBinmakingwheat.Theywillthentradewitheachother.TheProductionPossibilityofCountryAandB
InternationalTradeTheories1
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