自考国际商务英语课后答案

自考国际商务英语课后答案
What does international business refer to?Please tell the difference between international business and domestic business.
1.International business refers to transactions between partiesfromdiffirentcountries.partiesfromdiffirentcountries .There are four major differncesbetweeninternational business and domestic business:
1)differences in legal system
2)differences in currencies
3)differences in cutural background
4)differences in natural and economic conditions
Please explain the differences between visible trade and invisible trade.Which is becoming
more and more important and accounts for an increasing proportion in international trade?
modity trade,ie exporting and importinggoodsproduced or manufactured in onecountry for consumption or resale in another.Thiskindoftradeisalsoreferredtovisibletrade.Invisib letradeisintheformoftransportation,communication,banking,in surance,consulting,in for mionetc.Invisible trade is becoming more and more important and accounts foranincreasingproportion
in international trade.
Can you cite some examples to illustrate cultural differences in international business?
3.Culturaldifferencesincludilanguage,customs,traditions ,religion,value,behavioretc.Please elaborate on the two categoreis of international investment.What is their major difference？
4.Foreign direct investments or FDI for short is made for returns through controlling the enterprises or assets invested inin a host country.Portfolio investment refers to purchases of foreign financial assets for a purposeotherthancontrolling.
What is licensing?Why do firms sometimes choose it as means of entering a foreign market?
5.In licensing,a firm leases therighttouseitsintellectual property to a firm in another country.。