国际贸易实务英语课件汇总整本书电子教案全套课件完整版ppt最新教学教程.ppt
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1、Chapter 1 OverviewAfter learning this unit,you will be able to:define what is meant by international trade explain the reasons for engaging in international trade identify the benefits of international trade understand various means of trade restrictionChapter 1 Overview Reasons for International Tr
2、ade 1.Resources reasons2.Economic reasonsAbsolute advantageComparative advantage3.Other reasons1.Resource reasonsThe uneven distribution of resources around the world is one of the basic reasons why nations began and continue to trade with each other.1)Favorable climatic conditions and terrainClimat
3、ic conditions and terrain are very important for agricultural produces.The difference in these factors enables some countries to grow certain plants and leaves other countries with the only choice to import the produces they consume.For example,Colombia and Brazil have the ideal climate for growing
4、coffee beans but other countries dont.Then Colombia and Brazil have the opportunity to export coffee beans and coffee to countries worldwide.Another example is that the US Great Plains states have the ideal climate and terrain for raising wheat.This has made the US a big wheat exporter.2)Natural res
5、ourcesSome countries are the major suppliers of certain natural resources because the distribution of natural resources around the world is somewhat haphazard.The Middle East West Europe and Japan need is imported from the Middle East the US oil military consumption in Europe and Asia is largely pur
6、chased from that area.3)Skilled workersUS,Japan,and western European countries have skilled workers who are able to manufacture sophisticated equipment and machinery such as jet aircrafts and computers,etc.Other countries,since they dont have well-trained engineers and workers,must import the equipm
7、ent from these countries.4)Capital resourcesDeveloping countries need to modernize their industries and economies with advanced machinery,equipment and plant that they are not yet able to manufacture because of the lack of capital.This has given rise to the need for developing international trade.5)
8、Favorable geographic location and transport costsThere are many examples that countries have developed close economic relationships chiefly because they are geographically close to each other.Sino-Japanese trade relationship is to some degree determined by geographic proximity and low transport cost
9、.6)Insufficient productionSome countries cannot produce enough items they need.UK does not have a large enough agricultural population.only 5%of its population is engaged in agriculture and they mainly grow fruits and flowers.UK then has to import 60%of its total agricultural consumption.2.Economic
10、reasonsIn addition to getting the products they need,countries also want to gain economically by trading with each other.It is made possible by varied prices for the same commodity around the world,reflecting the differences in the cost of production.1)Absolute advantageAdam Smiths-each country coul
11、d produce one or more commodities at a lower real cost than its trading partners.It then follows that each country will benefit from specialization in those commodities in which it has an“absolute advantage”,exporting them and importing other commodities which it produces at a higher real cost than
12、does another country.Absolute-cost ExampleFrom the example,We can see clearly that Scotland should specialize in the production of cloth on which it has a cost advantage.Days of Labor Required to ProduceCountryCloth(1 bolt)Wine(1 barrel)Scotland30120Portugal100202)Comparative advantageDavid Ricardo-
13、absolute cost advantages are not a necessary condition for two nations to gain from trade with each other.Instead,trade will benefit both nations provided only that their relative cost,that is,the ratios of their real costs,are different for two or more commodities.In short,trade depends on differen
14、ces in comparative cost,and one nation can profitably trade with another even though its real costs are higher(or lower)in every commodity.Comparative-cost ExampleClearly the United States benefits from specializing in cars,which it produces more cheaply than Brazil,and trading with Brazil for some
15、of the computers it produces more cheaply.productU.S.Brazil100 cars2 41,000 computers343)Other reasonsAll in all,in todays complex economic world,neither individuals nor nations are self-sufficient.Nations have utilized different economic resources;people have developed different skills.This is the
16、foundation of international trade and economic activities.International Trade Policy Gains from Free TradeGains from Inter-industry specializationEconomies of ScaleIf countries can specialize in certain goods they can benefit from economies of scale and lower average costs,this is especially true in
17、 industries with high fixed costs or that require high levels of investment.The benefits of economies of scale will ultimately lead to lower prices for consumers.Gains from Free TradeGains from Inter-industry specializationIncreased CompetitionWith more trade domestic firms will face more competitio
18、n from abroad therefore there will be more incentives to cut costs and increase efficiency.It may prevent domestic monopolies from charging too high prices.Gains from Free TradeGains from Inter-industry specializationTrade is an engine of growthWorld trade has increased by an average of 7%since the
19、1945,causing this to be one of the big contributors to economic growth.Gains from Free TradeGains from Intra-industry specializationIntra-industry specialization tends to occur in industries characterized by the existence of imperfect competition.In most cases,intra-industry specialization involved
20、countries exchanging different varieties of the same good.Reasons for Trade Restrictionlinfant industry argument-maintains that a new industry needs to be protected until the labor force is trained,the production techniques are mastered and the operation becomes large enough to enjoy the economies o
21、f scale and to be able to compete in the market.Reasons for Trade RestrictionUnfair competition.Foreign firms may receive subsidies or other government benefits.They may be dumping(selling goods abroad at below cost price to capture a market).Balance of payments.Reducing imports improves the balance
22、 of trade.Cultural Identity This is not really an economic argument but more political and cultural.Many countries wish to protect their countries from what they see as an Americanization or commercialization of their countries.Reasons for Trade RestrictionThe Senile industry argument.If industries
23、are declining and inefficient they may require large investment to make them efficient again.Protection for these industries would act as an incentive to for firms to invest and reinvent themselves.However protectionism could also be an excuse for protecting inefficient firms.Different Means of Prot
24、ection(1)Tariff barriersA tariff is a duty or fee levied on goods being imported into a country.It can be a revenue tariff,which is collected mainly for income purpose,or a protection tariff,which is collected in order to protect the domestic market.(2)Non-tariff barriersQuotaThis is a quantitative
25、restriction or upper limit in terms of physical quantity or value.The upper limit can be set on global(first come first served)basis or on country basis.An absolute quota is one that cannot be exceeded and a tariff quota is one that requires low or no duties below the limit but high duties or penalt
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