New International Trade English新编国际贸易英语教程Chapter 1 An Introduction to International Trade Contents Objectives NEW TERMS Vignette 1.1 International Trade 1.2 Basic Concepts of International Trade 1.3 Economic GlobalizationLearning Objectives of Chapter1 Learning objectives To learn the definition of international trade To understand the basic concepts in international trade To know the link between economic globalization and international tradePreparation for the unit: Brainstorming: Work with your group and think out as many words, phrases or expressions as possible about business ( trade). BackTerms We Should Know in This UNIT A:English TermsChinese Equivalents Capital-intensiveLand-intensiveLabor-intensivebarterBilateral tradeMultilateral trade specialization资本密集型土地密集型劳动密集型以物易物双边贸易多边贸易专业化Terms We Should Know in This UNIT B:Division of labor Comparative advantage Mass production International trade Gross Domestic Products quota subsidy Trade barrier Protectionist policy protectionism贸易保护主义劳动分工比较优势大规模生产国际贸易国内生产总值限额补贴贸易壁垒贸易保护主义政策Terms We Should Know in This UNIT CFinancial standing Foreign currency Exchange rate import export Tangible trade Intangible trade SITC Intellectual property rightsGATS财务状况外币汇率进口出口有形产品贸易无形产品贸易国际贸易标准分类知识产权服务贸易总协定Terms We Should Know in This UNIT DTRIPS copyrights trademark patent Trade secrets Industrial design Direct trade Indirect trade Transit trade Transit duty与贸易相关的知识产权协定版权商标专利商业机密工业设计直接贸易间接贸易过境贸易过境税Terms We Should Know in This UNIT EEntrepot trade Trade surplus Trade deficit tarriff Non-tarriff barrier Bonded warehouse Free trade zones globalization Economic globalization Economic integration转口贸易贸易顺差贸易逆差关税非关税型贸易壁垒保税仓库自由贸易区全球化经济全球化经济一体化Terms We Should Know in This UNIT FFactors of production Multinational companies Transnational companies NAFTA Direct Foreign investment Economic blocs Customs territory Economic expansion生产要素多国公司跨国公司北美自由贸易协定对外直接投资经济集团关境经济发展Vignette New words and expressions: 1 Vignette: a decorative design or small illustration used on the title page of a book or at the beginning or end of a chapter.文字简短优美 的)简介; 小品文 2 capital-intensive products 资本密集型产品 3 land-intensive products土地密集型产品 4 labor-intensive commodities劳力密集的产品 5 finished products成品 6 cutting-edge technology尖端技术Back Questions: 1 Why do modern countries trade with one another? The appearance of international trade arises for many reasons 1) The different distribution of the worlds resources determines the patterns of world trade. 2) Climate and terrain(地域; 地带 ) affect the cultivation of some agricultural products a nation can produce and trade internationally. 3) The skilled workers and capital resources help determine what a nation is able to produce and trade with other nations. 4) With the development of manufacturing and technology, there arose another motivation, economic benefit, for nations to trade. Questions: 2 Illustrate what are capital-intensive products, land-intensive products, labor- intensive commodities and list the examples of countries of each type1.1 International Trade Terms: Trade vs. barterBack1.1 International Trade Terms: 2 International trade vs. Domestic trade: International trade, also called foreign trade, world trade or overseas trade, in essence, is the fair and deliberate exchange of commodity and service across national boundaries. It includes import and export trade operations. The forms of international trade can be listed as followings: Exporting, importing, trading companies, licensing, contract manufacturing, joint ventures and direct investment.1.1 International Trade Questions: 3 List the differences between international trade and domestic trade1.1 International Trade Terms: Trade barrier112 A brief history of international trade questions: Why did the international trade flourish within roman empire? 1 merchants were able to travel safely and trade with one another. 2 the use of common coinage(货币) enabled business transactions to be carried out easily. 3 Roman developed a systematic law, central market locations through the founding of cites (1500-World War I western European countries including Britain World war II United States )1.1.3 The environment of international trade 1 Political environment different international trade policies Political stability 2 Economic environment New words and expressions: Tariff关税 Excise海关 price fluctuation 价格波动 Question: Explain how tariff, non-tariff barrier and foreign currency influence international trade. 3 cultural environment How does the cultural environment influence international trade? 4 physical environment Natural physical features, human-made structures1.2 Basic concepts of international trade 1.2.1 international trade classification 1 import vs. export I For most nations exports and imports are the most important i