英语经贸知识.(新)ppt.ppt

国际商务英语 何康民 湖北经济学院外语学院 Tel: Email:kangmin517@  Lesson1 International Business It means the safe exchange of goods and proceeds between the buyer and the seller across countries boundaries. Sometimes business across the bonders of different customs areas of the same country is also regarded as import or export, such as business between Hongkong and Taiwan. Different from the domestic trade 1. The countries involved often have different legal systems, and one or more parties will have to adjust themselves to operate in compliances with the foreign law. 2. Different countries use different currencies and the parties concerned will have to decide which currency to use and do everything necessary as regards conversion etc. Uncertainties and even risks are often involved in the use of a foreign currency. 3. Cultural differences including language, customs, traditions, religions, value, behavior etc. often constitute challenges and even traps for people engaged in int’l businesses. 4. Countries vary in natural and economic conditions and may have different policies towards foreign trade and investment, making int’l business more complex than domestic trade. Types of int’l business 1. Form of commodity trade---import and export commodities i.e. visible trade and invisible trade 2. Supplying capital by residents of one country to another, known as int’l investment----FDI and portfolio investment which refers to purchases of foreign financial assets for a purpose other than controlling. 3. Int’l licensing and franchising 4. Management contract, contract manufacturing and turnkey project. What is foreign direct investment Foreign direct investment (FDI) or foreign investment refers to the net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, other long-term capital, and short-term capital as shown in th