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Import&ExportPracticesLecturer:HanGuohuaE-mail:eileen123456@126.comAssessementoftheCourse:Homework:20%Classattendence:10%Finalexam.:70%ReferenceBooksImport&ExportPracticesImport&ExportPracticesChapter1InternationalTradeTopicsObjectives: Studentsshouldunderstandthegeneralframework,definitionsofinternationaltrade,reasonsforhavinginternationaltradefordifferentcountries,benefitsofinternationaltrade.Warm-upquestions: Warm-upquestionsforChapter1: Whatisinternationaltrade? Whycountriesareconductinginternationalbusinesseswithoneanother? Howmanyreasonscanyougivetoexplainthisphenomenon? Whatarebenefitsofinternationaltrade? 1.Aboutinternationaltrade: Internationaltrade,alsocalledforeigntrade,worldtradeoroverseastrade,inessence,isthefairanddeliberateexchangeofcommodityandserviceacrossnationalboundaries.Itincludesimportandexporttradeoperations.2.Theappearanceofinternationaltradearises formanyreasons: 1)Thedifferentdistributionoftheworld’sresourcesdeterminesthepatternsofworldtrade. 2)Climateandterrainaffectthecultivationofsomeagriculturalproductsanationcanproduceandtradeinternationally. 3)Theskilledworkersandcapitalresourceshelpdeterminewhatanationisabletoproduceandtradewithothernations. 4)Withthedevelopmentofmanufacturingandtechnology,therearoseanothermotivation,economicbenefit,fornationstotrade. 5)Politicalobjectivescansometimesoutweigheconomicconsiderationsbetweencountries,etc. 3.ItsroleinthesystematizationofEconomics: Microeconomics EC Macroeconomics Internationaleconomics InternationalTrade InternationalFinance 4.WhatdoesITstudy? ØThegainfromtrade Whencountriessellgoodsandservicestooneanother,thisisalmostalwaystotheirmutualbenefit-thatistosay,therearegainsfromthetrade. ØThepatternoftrade Cloth,machine,toy,tech.,oil,tulip,soybean,etc. ØPolicychoice:Balancebetweenfreetradeandprotectionism Era Reason Choice 15-17c Accumulate Protectionism 18c Expanse Liberalism 1930s EconomicCrisisProtectionism War-afterMutualbenefit Liberalism 5.Usefulinformationsites: http://www

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