???????? International Freight Forwarding English

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????????International Freight Forwarding English

• Unit 1 International Trade

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Unit 1 International Trade

• Teaching Objectives
• To grasp the related the technical forms
• To understand the general information of
  international trade
• Teching procedures
• Background information introduction and warm-up
  discussion
• New words and expressions
• Text learning( questions and answers difficult
  points explanation
• Practice and exercises.

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1.Background information ????

• ????????
• ????
• ????
• ??
• ???????????(??)????????????????

???? Foreign trade???? Internationa trade????
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???????

• ?????????????
• ????(Direct Trade)
• ????(Indirect Trade)
• ????(Transit Trade)
• ???????????
• ????(Bilateral Trade)
• ????(Multilateral Trade)

• ???????
• ????(Export Trade)
• ????(Import Trade)
• ????(Transit Trade)
• ???????
• ????(Visible Trade)
• ????(Invisible Trade)

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1. ?????????????? ?????????
2. ????????,???? ???????????????????????
3. ????????? ??????????????????????????
4. ??????????? ??????????????????????????
5. ?????? ??????????????
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Warm-up discussion

• 1. What is international trade? What is foreign
  trade?
• 2. Why should we learn international trade before
  we learn international freight forwarding?

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2. New words and expressions?????

• Gross Domestic Product(GDP)
• ??????
• Outsourcing ??
• Factors of production ????
• Multilateral trade ????
• The International Monetary Fund
• ????????
• The World Bank ????

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Important uses

• Multi- pref. ???,??,????
• e.g multinational ???,n.????
• multicultural (?????)?????
• multilateral ???
• multiplication ??,??,????

• ???????
• offer ??,?? ??
• order??,?? ??,??
• customs clearance ??
• quotation ??,?? ???,???

Labor-intensive ?????
????? knowledge - intensive
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Text 1.Definition

• What is international trade?
• It is the exchange of capital, goods, and
  services across international borders or
  territories.

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2. Importance of International Trade

• 1. It is crucial to the continuance of
  globalization
• 2. It is a major source of economic revenue for
  any nation that is considered a world power.
• 3. Without international trade, nations would be
  limited to the goods and services produced within
  their own borders.

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3. Differences between International trade and
Domestic Trade

• Key words costly more mobile
• 1. International trade is typically more costly
  than domestic trade.
• Why? additional costs tariffs,
• time costs,
  
• country
  differences
• 2. The factors of production are typically more
  mobile within a country than across national
  borders.

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4. Risks in International Trade

• Economic risks
• insolvency
• failure to pay the amount
• non-acceptance
• exchange rate,
• and so on

• Political risks
• Cancellation or non-renewal of export or import
  licences
• War risks
• Risks of expropriation or confiscation of the
  importers company
• Risk of imposition of an import ban after the
  shipment of the goods
• Transfer risk
• Influences of political parties.

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5. WTO World Trade Organization

• Four basic functions
• 1. to implement, administer, and carry out the
  WTO agreement and its annexes
• 2. to act as a forum
• 3. to serve as a tribunal
• 4. to review the trade policies and practices of
  member states.
• Additionally, WTO is to cooperate IMF and World
  Bank.

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6. Barriers to Internation Trade

• What is a trade barrier(????)?
• A trade barrier is a general term
  that describes any government policy or
  regulation that restricts international trade.
• Including
• import duties
• import licenses, export
  licenses,
• import quotas,
• tariffs,
• subsidies and non-tariff
  barriers to trade

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7. Steps of International Trade

• Seeking customers
• Contact each other by sending inquiries
• Status inquiry
• Quotations or offers acceptance or
  non-acceptance
• Order contract
• Obtaining import / export license opening L/C /
  receiving L/C, if any
• Preparation of goods by the seller
• Inspection or survey of goods
• Reserving shipping space either by the seller or
  buyer, depending on the trade terms
• Effecting insurance
• Customs clearance and loading
• Shipping advice
• Negotiation of exprot documents under L/C by the
  beneficiary
• Redemption of documents under L/C
• Customs clerance for import
• Delivery of goods
• Lodging and settling claims (if any)

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7. Practice and exercises

• Write T for true and F for false.
• 1.If two nations repeatedly use trade barriers
  against each other, it is beneficial to both
  nations. ______
• 2. A trade barrier is really a barrier that makes
  it difficult for people to do business between
  nations. _______
• 3. In international trade, both political risks
  and economic risks are involved. ______

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• ?????
• Many factors are having a major impact on the
  international trade system. They are
  Industrialization, advanced transportation,
  _____, multinational corporations, and _____.
• A. outsourcing B. globalization
• C. domestic production D. labor force
• Costs associated with countries such as___, ____
  or a different culture may make international
  trade more costly than domestic trade.
• A. / B. language C. legal system D.
  political difference
• When we talk about the factors of production, we
  refer them to such factors as _____ .
• A. capital B. labor C. technology
  D. information
• Economic risks include ______.
• A. the risk of insolvency of the buyer
• B. the risk of failure of the buyer to
  settle the payment
• C. the risk of non-acceptance
• D. the risk of exchange rate

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• ???
• Gross domestic product
• Labor-intensive goods
• International finance
• The International Monetary Fund
• Multinational corporation
• Inspection of goods
• Lodge a claim

• Reference answer
• ??????
• ???????
• ????
• ????????
• ????
• ????
• ????

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• ???
• ????
• ?????
• ????
• ??
• ??
• ??
• ????
• ????
• ??????
• ????

• Reference answers
• factors of production
• import license
• the World Bank
• customer clearance
• shipping space
• make an offer
• export duties
• multinational trade
• World Trade Organization
• a trade barrier

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Thank you!