Chapter-1-An-Introduction-to-International-Trade

SummaryTheworldhasalonghistoryofinternationaltrade.Infact,tradingamongnationscanbetracedbacktotheearliestcivilizations.Tradingactivitiesaredirectlyrelatedtoanimprovedqualityoflifeforthecitizensofnationsinvolvedininternationaltrade.Itissafetosaythatnearlyeverypersononearthhasbenefitedfrominternationaltradingactivities.进出口贸易实务第一章Follow-upPractice(1)Whatisinternationaltrade?(2)Whatarethebenefitsofinternationaltrade?Canyoulistafewexamplesfromyourdailylife?(3)What’sthedifferencebetweeninternationaltradeanddomestictrade?(4)Whydomanycountriesimposerestrictionsontrade？(5)Whatisatariff？Howisitclassified？(6)Howmanytradeformsdoyouknow?Pleasecommentontwoofthembriefly.(7)Canyounamesomeoftheorganizationsinvolvedininternationaltradeandexplainthem?(8)Canyoudescribesomefrequentlyusedlawsandregulationsininternationaltrade?1.QuestionsforReflection进出口贸易实务第一章进出口贸易实务第一章2.TranslatethefollowingtermsintoChineseandputtheminthecorrespondingsentencesgivenbelow.A.dumping__________________B.comparativeadvantage___________C.visibletrade_______________D.quota_________________________E.Incoterms_________________F.UCP600_______________________G.consignment_______________H.CISG_________________________I.opportunitycost_____________J.tariff__________________________(1)______istheabilitytoproduceagoodatalowercost,relativetoothergoods,comparedtoanothercountry.(2)______isaquantitativerestrictionthatisexpressedintermsofeitherphysicalquantityorvalue.(3)______areaseriesofpre-definedcommercialtermspublishedbytheICCandwidelyusedininternationalcommercialtransactions.(4)______isauniformcommercialsaleslawbyregulatingtherightsandobligationsofbuyersandsellersfortheinternationalsaleofgoods.(5)______isadutyorfeeleviedongoodsbeingimportedintoacountry.(6)______referstothebenefitthatcouldhavebeengainedfromanalternativeuseofthesameresource.(7)______isthedeliveryofgoodsfromtheconsignortotheconsigneeunderanagreementthattheconsigneesellsthegoodsforaccountoftheconsignor,whoretainstitletothegoodsuntiltheyaresold.(8)______isapracticalandcomprehensivesetof39rulesthataddressthemajorissuesindocumentarycreditusage.(9)______isthepracticeofsellingproductsinaforeigncountryatlowerpricesthanthosechargedintheproducingcountry(10)______istradeingoodswhichcanbeactuallyseenpassingthroughportsorairports,enteringorleavingonecountry.倾销比较优势有形贸易配额国际贸易术语解释通则《跟单信用证统一惯例》(国际商会第600号出版物)寄售联合国国际货物销售合同公约机会成本关税BDEHJIGFAC进出口贸易实务第一章3.Choosetherightanswerfromeachofthefollowing.(1)Whenacountrycanproducesomethingmoreeconomicallythananothercountry,usingthesameamountofresources,ithas_________.A.comparativeadvantageB.absoluteadvantageC.comparativedisadvantageD.absolutedisadvantage(2)Ifacountrycanproducesomethingwithaloweropportunitycostthananothercountry,ithas_________.A.absolutedisadvantageB.absoluteadvantageC.comparativeadvantageD.comparativedisadvantage(3)WhichofthefollowingstatementisNOTtrue?A.Tradeisbeneficialtoalltheparticipants.B.Aslongasacountryhascomparativeadvantageinsomething,itcangainininternationaltrade.C.Ifacountryhasabsolutedisadvantageineverything,itcangainnothingininternationaltrade.D.Evenifacountryhasnoabsoluteadvantageineverything,itstillcangainininternationaltrade.(4)Ifyouareafarmerinacertaincountryexportingwheat,onedaythegovernmenturgesyoutoraiseyourexportingprice,bycompensatingyouabigsumofmoneyforyourlossofexportingquantity.Thisbelongsto__________.A.tariffB.subsidyC.quotaD.anti-dumping(5)Whichofthefollowingbarriersdoesn’tbelongtothenon-tariffbarrier?A.RevenuetariffB.VERsC.Anti-dumpingD.TBTBCCBA进出口贸易实务第一章(6)Ifforeignclientsbuygoodsfromexportersontheirownaccount,taketitletothemandresellthemtotheircustomersintheirterritory,thistradeformiscalled________.A.agencyB.distributorshipC.consignmentD.tender(7)Ifafirmorapersonisauthorizedtoactunderinstructionsfromhisprincipalrelatedtotheprincipal’sbusiness,whichmayincludenegotiatingcontracts,establishingcredits,advertising,arrangingforshippingandsettingupoverseasofficesandoutlets,thisiscalled________.A.anexclusivedistributorshipB.anon-exclusivedistributorshipC.anexclusiveagentD.ageneralagent(8)IftheChinesegovernmentregulatesthateverypieceofclothesforexportingshouldadd1RMBtothecustoms,thisbelongsto_________.A.VERsB.exportingtariffC.quotaD.importingtariff(9)Whichofthefollowingbusinessbelongstoinvisibletrade?A.exportingcarsB.importingsteelsC.exportingmobilephonesD.technologylicense(10)________aremainlycausedbydifferentialapplicationoftechnicalregulations,standardsandcertificationsystemsbetweendomesticandforeignsuppliers.A.QuotaB.VERsC.TariffD.TBTsChoosetherightanswerfromeachofthefollowing.BDBDD进出口贸易实务第一章4.Decidewhetherthefollowingstatementsaretrueorfalse.(1)Thecomparativeadvantagetheorystatesthatinternationaltradecanbebeneficialtoalltheparticipants.()(2)Accordingtotheabsoluteadvantagetheory,acountryshouldfocusontheproductionofthosegoodsinwhichithasanabsoluteadvantageandacquireorpurchasefromabroadthosegoodswhichitcannotproduceathomecheaplyorefficiently.()(3)Ifacountryhasnoabsoluteadvantageinproducingeverything,itcangainnoprofitininternationaltrade