国际商务英语复习笔记.docx

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国际商务英语复习笔记.docx

国际商务英语复习笔记

L1InternationalBusiness

1.商务知识

1.1 majordifferencesbetweeninternationalbusinessanddomesticbusiness

A.differencesinlegalsystem

B.differencesincurrencies

C.differencesinculturalbackground

D.differencesinnaturalandeconomicconditions

1.2majortypesofinternationalbusiness

A.trade

A.commodity(visible)trade

B.service(invisible)trade

B.investment

a.foreigndirectinvestment(FDI)

b.portfolioinvestment

stocks,bondsorcertificatesofdeposits

C.othertypes

a.licensing(highcustomsdutyandnon-tariffbarrier,strongintellectualpropertyprotection)

franchising(hotelandrestaurantbusiness)

Incomparisonwiththerelationbetweenthelicenserandthelicenser,thefranchiserhasmorecontroloverandprovidesmoresuppoortforthefranchisee.

b.managementcontractandcontractmanufacturing

c.turnkeyprojectandBOT

L2IncomeLevelandtheWorldMarket

1. 商务知识

1.1GDPandGNP

A.GDPmarketvalueofallgoodsandservicesproducedwithinthegeographicareaofaneconomy.

B.GNPmarketvalueofallgoodsandservicesproducedbythepropertyandlaborownedbytheresidentsofaneconomy.

1.2percapitaincomeandpercapitaGDP

1.3highincome,middleincomeandlowincomecountries

A.H:

annualpercapitaincomeof$9386andabove;

1).OECD;2).richoilproducingcountriesoftheMiddleEast;3).small-industrializedcountriesorregions;

B.M:

annualpercapitaincomebelow$9386butabove$765;

1).mostEastEuropeancountries;2).mostmembersoftheCommonwealthofIndependentStates;3).6OECDcountries;4).quiteanumberofLatinAmericacountries;5).someAsiancountries;6).SouthAfrica,Libya,NigeriaandAlgeria;

C.L:

annualpercapitaincomeof$765andbelow;

1).mostAfricancountries;2).someAsiancountries;3).afewLatinAmericancountries;

1.4TriadandQuad

A.Triad:

US,WesternEuropeandJapan

B.Quad:

TriadandCanada

1.5otherimportantmarketsforChina

theFourTigers,theASEANcountries,Russia,IndiaandAustralia

L3RegionalEconomicIntegration

1商务知识

1.1majorobjectivesofregionalintegration

Tobetterenjoythebenefitoffreeflowofgoods,services,capital,laborandotherresources.

1.2Fourlevelsofregionaleconomicintegration

A.freetradearea

Absencetradebarriers;

theNorthAmericanFreeTradeAgreement(NAFTA,formedbyUS,CanadaandMexico);

B.customsunion

absencetradebarriers;practiceofcommonexternalpolicy;

SouthernConeCustomsUnion(Mercosur,formedbyArgentina,Brazil,ParaguayandUruguayin1991);

C.commonmarket

absencetradebarriers;practiceofcommonexternalpolicy;freeproductionfactormobility;

theEuropeanCommunity(1967-1994,becameatruecommonmarketin1992);

D.economicunion

absencetradebarriers;practiceofcommonexternalpolicy;freeproductionfactormobility;

integrationofthedomesticpolicies;

EuropeanUnion;

1.3EuropeanUnion(EU)

A.history

theEuropeanCoalandSteelCommunity(ECSC,1952);

theTreatyofRome(1957,signedbyFrance,Germany,ItalyandtheBeneluxcountries);

theEuropeanEconomicCommunity(EEC,1957-1967);

theEuropeanAtomicEnergyCommunity(EURATOM,1957-1967);

theEuropeanCommunity(formedbymergingECSC,EECandEURATOM,1967-1994);

theSingleEuropeanAct(1992);

theMaastrichtTreaty(1994);

theEuropeanUnion(1994-);

B.structure

theEuropeanCommission(executivebody);

theCouncilofMinisters(decisionmaking);

theEuropeanParliament(membershipapplicationandtradeagreementapproval);

1.4Asia-PacificEconomicCooperation(APEC,has21members)

A.theSeoulDeclaration(1991);

B.afive-layerorganizationalstructure:

theInformalMeetingofEconomicLeaders(China,2001);

theDual-MinisterialMeeting;

theMeetingforMinistersResponsibleforTrade;

theSeniorOfficialsMeeting(SOM);

CommitteeofTradeandInvestment,EconomicCommittee,EconomicandTechnicalCooperationSubcommitteeofSOM,andBudgetManagementCommittee(foursubordinatecommitteesunderSOM);

C.objectives:

tradeandinvestmentliberationandfacilitation(TILF)andeconomicandtechnicalcooperation(ECOTECH);

1.5OrganizationofPetroleumExportingCountries(OPEC,13members,1960,Vienna)

L4EconomicGlobalization

1.商务知识

1.1economicglobalizationasanobjectivetrend

A.basicfeature:

freeflowofcommodity,capital,technology,service,andinformationin

theglobalcontextforoptimizedallocation;

B.advantagesandnegativeimpacts

a.advantages:

1).givingnewimpetusandprovidingopportunitiestoworldeconomicdevelopment;2),makingthevariouseconomiesmoreandmoreinterdependentandinteractive;

b.disadvantage:

makingcountriesmorevulnerabletotheadverseeventsacrosstheglobe;

1.2multinationalcorporations

A.organization:

parentMNCandaffiliateMNC

B.characteristics:

1).enormoussize;2).widegeographicalspread;3).longevityandrapidgrowth;

C.twobasicneeds:

profitandsecurity;

D.roles:

asvehiclesforcross-bordertransferofresources;

E.fourtypes

1).multi-domesticcorporation(decentralized);

2).globalcorporation(powerandresponsibilityconcentratedattheheadquarters);

3).transnationalcorporation(integratedinanindependentnetworkofaffiliates);

4).worldcompany(internationalized)

L5InternationalTrade

(1)

1.商务知识

1.1thedefintionofinternationaltrade

theexchageofgoodsandservicesproducedinonecountrywiththoseproducedinanoother.

1.2tworeasonsforinternationaltrade

A.theunevendistributionofnaturalresourcesamongcountries

B.internationalspecialization

1.3twotheoriesforinternationalspecialization

A.thetheoryofabsoluteadvantage

acommoditywillbeproducedinthecountrywhereitcostsleastintermsofresources.

B.thetheoryofcomparativeadvantage

a.contentsofthetheory

evenifacountryislessefficientthananotherintheproductionofbothcommodities,thereisstillabasisformutuallybeneficialtrade.

b.notastaticconcept

Acountrymaydevelopaparticularcomparativeadvantagepurelythroughitsownactions.

c.thecornerstoneofmodernthinkingoninternationaltrade

d.DavidRicardo,theeconomistwhointroducedthetheory

L6InternationalTrade

(2)

1.商务知识

1.1otherbasesfortradeamongcountries

A.patternsofdemand

B.economyofscale

C.innovationorstyle

1.2thereasonswhycompletespecializtionmayneveroccur

A.strategicordomesticreasons

B.transportcost

C.protectionistmeasures

1.3tariffbarriers--themostcommonformoftraderestriction

ataxleviedonacommoditywhenitcrossestheboundaryofacustomsarea.

A.exportduty(taxleviedongoodsleavinganarea)

B.importduty(taxleviedongoodsenteringanarea)

a.specificduty

b.advaloremduty

c.compoundduty

C.drawback:

dutiespaidonimportedgoodsthatarereturnedifthegoodsarereexported.

D.MFNtreatment:

atarifftreatmentunderwhichacountryisrequiredtoextendtoall

signatoriesanytariffconcessionsgrantedtoanyparticipatingcountry.

1.4quotas--themostcommonformofnon-tariffbarriers

inquantityorvalumeterms,onacountryorglobalbasis,unilaterallyorbenegotiatedon"voluntary"basis

1.5invisibletrade

A.transportationserviceacrossnationalboundaries

maritimeshipsisthemostimportantmeans(GreeceandNorwayhavelargemaritimefleets)

B.insurance(Lloyd'sofLondonisaleadingexporterofthisservice)

C.tourism

D.immigrantremittance:

themoneysentbacktohomecountriesbypeopleworkinginaforeignland

L7Incoterms2000

1.商务知识

1.1theneseeityandpurposeofhavingIncoterms

1).toeliminateanyofmisunderstandingandsubsequentdispute;

2).toprovideasetofinternationalrulesfortheinterpretationofthemostcommonly

usedtradetermsinforeigntrade.

1.2thereasonsforthe2000revisionofIncoterms

A.spreadofcustoms-freezones

B.changesintransportationpractices

C.increaseduseofelectroniccommunication

1.3thefourgroupsofInsoterms

A.GroupE:

thesellermakesthegoodsavailabletothebuyerattheseller'sownpremises;

EXW(ExWorks);

B.GroupF:

theselleriscalledupontodeliverthegoodstocarrierappoinedbythebuyer;

FCA(Freecarrier);

FAS(FreeAlongsideShip);

FOB(FreeOnBoard);

C.GroupC:

thesellerhastocontractforcarriage,butwithoutassumingtheriskoflossordamagetothegoodsoradditionalcostsduetoeventsoccurringaftershipmentanddispatch;

CFR(CostandFreight);

CIF(Cost,InsuranceandFreight);

CPT(CarriagePaidTo);

CIP(CarriageandInsurancePaidto);

D.GroupD:

thesellerhasbearallcostsandrisksneededtobringthegoodstothecountryofdestination;

DAF(DeliveredAtFrontier);

DES(DeliveredExShip);

DEQ(DeliveredExQuay);

DDU(DeliveredDutyUnpaid);

DDP(DeliveredDutyPaid)

1.4thethreemostcommonlyusedterms

A.FOB(freeonboard)

B.CFR(costandfreight)

C.CIF(cost,insuranceandfreight)

1.5chandgestosomeareas

A.thecustomsclearanceandpaymentofdutyobligationsunderFASandDEQ;

B.theloadingandunloadingobligationsunderFCA;

L8BusinessContract

1.商务知识

1.1thedefinitionofthecontract

anagreementwhichsetsforthbindingobligationsoftherelevantparties.

1.2twotypesofbusinessnegotiation:

oralandwritten

1.3processofnegotiationandconclusionofthecontract

A.inquiry(enquiry)

afirstenquiryshouldcontent:

1).howthenameandaddressoftheexporterhavebeenabtained;2).thebusinesslineandusualpracticeoftheimporter;

B.quotation

afirmoffershouldmadeof:

1).thetimeofshipmentandthemodeofpaymentdesired;

2).anexactdescriptionofthegoods;3).thevalidityperiod;

C.offerandacceptance

D.counter-offer

acounter-offermaybemadeinrelationto:

1).

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