Keys: All business transactions involving at least two countries
Any type of trade activities that cross national borders
Issues: How will idea, good or service fit into international market?
International Trade practice
• 授课教师：欧阳章文 • 适用专业：2008 英语专业 • 开课时间：2010-2011 第二学期
Lesson One
•Introduction to
International Business & International Trade
Teaching Objectives
trade
• 5 To analyze some international trade theories
International business
• 1. What is international business?
All commercial transactions between two or more countries or the transactions that take place across national borders.
① the circulation of goods, l, services, employees and technology; ② importing and exporting ③ cross-border transaction in IPR by means of licensing and franchising: ④ investment in physical and financial assets in foreign countries ⑤ contract manufacturer or assembly of goods abroad for local sale or for
exports to other countries
⑥ the establishment of foreign warehousing and distribution system ⑦ the import to one country of goods from a second foreign country for
2. Main aspects of international trade
• 1. The classification of the international trade • 2. Some important theories of international trade • 3. Instruments of trade policy • 4. Economic integration, special types • 5. International capital movements FDI • 6. International institution, • 7. International trade terms. • 8. Transportation insurance • 9. International trade payment • 10. Inspection, claim, force majeure and arbitration • 11. Trade negotiation and formation of the contract • 12. Implementation of the contract • 13. International financial market • 14. International cargo shipment
Figure B:
International Trade
• 1. What is international trade?
• Definition: It refers to the exchange of goods and services
between nations, also known as international trade or overseas trade.
subsequent local sale
2. Modes of IB
• (1). Merchandise and service: importing
and exporting
• (2). Direct investment and portfolio
investment
• (3). licensing and franchising • (4). Turnkey operation. • (5). Management contracts
Should we enter the market through trade/investment? What product adjustments to be responsive to local
conditions? What threats from global competition should be expected? How can these threats be counteracted?
3. The need for IB
• a. to countries:
• b. to companies: • c. to consumers: • d. to individuals: • e. to learners:
4. International business and trade
Figure A:
• 1. To understand international business • 2. To learn international trade • 3. To learn different types of international trade • 4. To appreciate the importance of international