帅建林版国际贸易实务课后练习答案(双语)
国际贸易实务双语教程课后题答案
K e y Chapter1I. Answer my questions1. International trade is business whose activities involve the crossing of nationalborders. It includes not only international trade and foreign manufacturing but also encompasses the growing services industry in areas such as transportation, tourism,banking, advertising, construction, retailing, wholesaling, and mass communications.It includes all business transactions that involve two or more countries. Such business relationship may be private or governmental.2. Sales expansion, resource acquisition and diversification of sales and supplies.3. To gain profit.4. To seej out foreign markets and procurement.5. There are four major forms which are the following:Merchandise exports and Imports, Service Exports and Imports, Investment andMultinational Enterprise.6. It is the account which is a summary statement of the flow of all international economic and financial transactions between one nation (eg.the United States ) and the rest of the world over some period of time, usually one year.7. Merchandise Exporting and Importing.8. Yes. There are great differences between them.1) direct investment takes place when control follows the investment. It usually means high commitment of capital, personnel, and technology abroad. It aims at gaining of foreign resources and foreign markets. Direct investment may often get higher foreign sales than exporting. And sometimes it involves two or more parties.2) While portfolio investments are not under control. And they are used primarily for financial purposes. Treasures of companies, for example, routinely more funds from one country to another to get a higher yield on short term investments.9. MNE is the abbreviation of the multinational enterprise. Its synonyms are NNC (the multinational corporation) and TNC (transnational corporation).10. Examples are travel, transport, fee, royalties, dividends and interest.11. The choice of forms is influenced by the objective being pursued and the environments in which the company must operate.12. It is limited by the number of people interested in a firm’s products and services and by customers’ capacity to make purchase.13. This is because at an early stage of international involvement these operations usually take the least commitment and least risk of a firm’s resources.14. Royalties means the payment for use of assets from abroad, such as for trademarks patens, copyrights, or other expertise under contract known as licencing agreements.Royalties are also paid franchising.15. It is a way of doing business in which one party (the franchiser) the use of a trademark that is an essential asset for the franchisers’ business.II Match each one on the left with its correct meaning on the right1. J2.A3.E4.B5.C6.D7.I8.G9.F 10.HIII Translate the following terms and phrases into Chinese1 购买力11 经济复苏；恢复2 潜在销售量12 经济衰退3 加价，涨价13 间接投资4 国内市场14 有形货物5 制成品15 有形进出口6 边际利润16 收入及支出；岁入及岁出7 市场占有率17 超额能力8 贸易歧视18 贸易中间人（商）；经纪人9 时机选择19 全部包建的工程承包方式10 经销周期20 许可证协定IV Translate the following into English1. Trade is often the ‘engine’ of growth. However oversimplified this metaphor may be, it does serve to underline the importance of foreign trade in the process of growth. A healthy expansion of exports may not always be sufficient condition for rapid and sustained growth, but a strong positive association between the two is clearly undeniable. Trade expansion contributes to economic growth in many ways.Among them are the benefits of specialization; the favorable effects of international competition on domestic economic efficiency; the increased capacity to pay for the imports required in development and more generally the stimulus to investment.2. International trade is the exchange of goods and services produced in one country for goods and services produced in another country. In addition to visible trade, which involves the import and export of goods and merchandise, there is also invisible trade, which involves the exchange of services between nations. Nations such as Greece and Norway have large maritime fleets and provide transportation service. This is a kind of invisible trade. Invisible trade can be as important to some nations as the export of raw materials or commodities is to others. In both cases, the nations earn the money to buy necessities.3. There exist different ways of conducting international business. Exclusive sale means the seller gives the overseas client the exclusive right of selling a particular product in a designated area within a specified period of time. In this kind of business transaction, the product is bought by the exclusive seller and therefore he should sellthe product by himself, assuming sole responsibilities for his profit and loss. Exclusive sale is different from agency where only commission is involved. And difference exists between general contract and exclusive sales because the exclusive seller enjoys exclusive right in a particular area.4. There is no country in the world that can produce all the products it needs. Thus countries join in international division of labor for effective production and reproduction. Sometimes a country can buy goods and services from abroad on a barter basis. Barter means doing business by exchanging goods of one sort for goods of another sort without using money. Barter trade itself is not enough to meat a country’s import needs. But as a form of international trade, it is still attractive in developing countries where foreign exchange is in short supply and inflow of foreign funds is far from sufficient to meet their obligations in external trade.Chapter2I. Answer the following questions(Omited)II. Filling the blanks with the suitable words in the text:1.meeting/satisfying;2.agent, foreign/overseas;mission;4.own;5.setting;6.patent;7.profits;8.outlets;9.joint, venture; 10.subsidiaryIII.Translate the followings into English1). Economic activity began with the cavemen, who was economicallyself-sufficient. He did his own hunting, found his own shelter, and provided for his own needs. As primitive populations grew and developed, the principle of division of labor evolved. One person was more able to perform some activity than another, and therefore each person concentrated on what he did best. While one hunted, another fished. The hunter then traded his surplus to the fisherman, and each benefited from the variety of diet.In today’s complex economic world, neither individuals nor nations areself-sufficient nations are self-sufficient. Nations have utilized different economic resources; people have developed different skills. This is the foundation of international trade and economic activities.Foreign trade, the exchange of goods between nations, takes place for many reasons. The first, as mentioned above, is that no nation has all of the commodities than it needs. Raw materials are scattered around the world. Large deposits of copper are mined in Peru and Zaire, diamonds are mined in South Africa, and petroleum is recovered in Middle East. Countries that do not have these resources within their own boundaries must buy from countries that export them.Foreign trade also occurs because a country often does not have enough of a particular item to meet its needs. Although the United States is a major producer of sugar, it consumes more than it can produce internally and thus must import sugar. Third, one nation can sell some items at a lower cost than other countries. Japanhas been able to export large quantities of radios and television sets because it can produce them more efficiently than other countries. It is cheaper for the United States to buy these from Japan than to produce them domestically.Finally, foreign trade takes place because of innovation or style. Even though the United States produces more automobiles than any other country, it still imports largequantities of autos from Germany, Japan and Sweden, primarily because there is a market for them in the United States.2). The different kinds of trade nations engaged in are varied and complex, a mixture of visible and invisible trade. Most nations are more dependent on exports than on any other activity. The earnings from exports pay for the imports that they need and want. A nation’s balance of payment is a record of these complex transactions. By reflecting all of these transactions in monetary terms , a nation is able to combine the income it receives, for example, from exports, tourists expenditures, and immigrant remittances. This combined incomes is then spent on such items as manufactured goods from other countries, travel for its citizens to other countries, and the hiring of construction engineers.Chapter3I. Translate the followings from Chinese into English:1 terms of payment2 written form of contract3 execution of the contract4 sales contract5 purchase confirmation6 terms of transaction7 trading partners 8 the setting up of a contract9 trade agreement 10 consignment contract11 the contract proper 12 extension of the contract13 the contracting parties 14 special clause15 general terms and conditionsII. Answer the following questions in English:1 A contract is an agreement which sets forth bind obligations of the relevant parties. And any part that fails to fulfill his contractual obligations may be sued and forced to make compensation.2 There are two parties of business contract negotiations: oral and written. The former refers to direct discussions abroad; written negotiations often begin with enquiries made by the buyers.3 A written contract is generally prepared and signed as the proof of the agreement and as the basis for its execution. A sales or purchase confirmation is less detailedthan a contract, covering only the essential terms of the transaction. It is usually usedfor smaller deals or between familiar trade partners.4 The setting up of a contract is similar to that of a trade agreement or any othertype of formal agreements. It generally contains: 1) the title. The type of the contractis indicated in the title; 2) the contract proper. It is the main part of a contract; 3) the signature of the contracting parties indicating their status as the seller or the buyer; 4)the stipulations on the back of the contract and are equally binding upon the contracting parties.5 It generally contains the time of shipment, the mode of payment described inaddition to an exact description of the goods including the quantity, quality, specifications, packing methods, insurance, commodity inspection, claims, arbitrationand force majeure, etc.III. Translate the following into Chinese:合同是在双方达成协议的基础上制定的，而协议又是双方进行商务谈判的结果。
国际贸易实务英文版课后练习参考答案
练习参考答案Chapter 1流动性过剩excess liquidity自给自足self-sufficient经济资源economic resources直接投资direct investment国际收支balance of payments易货交易barter出口退税export tax rebate倾销dumping出口型经济增长export-driven economic growth东道国host country贸易差额balance of trade贸易顺差／贸易逆差favorable ／unfavorable balance of trade欧盟European Union国际收支顺差／国际收支逆差favorable ／unfavorable balance of payments有形贸易visible trade无形贸易invisible trade货物贸易trade in goods服务贸易trade in servicesⅢThe chart above shows the U.S.imports from China,U.S.exports to China and thetrade balance.The U.S.has a negative trade balance with China,and it has been growing.During the period from 1997 to 2003,imports from China have grown 244％ while exports to China have grown 221％，indicating that the trade deficit is increasing.There had already been a sizeable trade balance deficit with China in 1996,totalling ＄39.5 billion at the end of the year.Ⅳ1.Export goods are tangible goods sent out of countries.2.Trade in services are international earnings other than those derived from the exporting and importing of tangible goods．3.Import goods are tangible goods brought in.4.International trade is all business transactions that involve two or more countries.5.FDI is one that gives the investor a controlling interest in a foreign company.6.Investment is used primarily as financial means for a company to earn more money on its money with relative safety.Ⅴ1.International trade,is the fair and deliberate exchange of goods and ／or services across national boundaries.It concerns trade operations of both import and export and includes the purchase and sale of both visible and invisible goods.2.In today’s complex economic world,neither individuals nor nations are self-sufficient.Nations participate in the international trade for many reasons.As to the economic reasons,no nation has all of the economic resouces （land,labor and capital） that it needs to develop its economy and culture,and no countryenjoys a particular item sufficient enough to meet its needs.As for the preference reasons,international trade takes place because of innovation of style.Besides,every nation can specialize in a certain field and enjoy a comparative advantage in some particular area in terms of trade so that they need to do business with each other to make use of resources more efficiently and effectively.3.In measuring the effectiveness of global trade,nations carefully follow two key indicators,namely,balance of trade and balance of payments.4.FDI,the abbreviation form Foreign Direct Investment,means buying of permanentproperty and business in foreign nations.It occurs when acquisition of equity interest in aforeign company is made.The great significance of FDI for China might be that： FDI solve the problem of capital shortage for China so that China may spend the money on importing advanced equipment and technologies for its infrastructure,national supporting industry,key projects,etc.Chapter 2关税壁垒tariff barriers非关税壁垒non-tariff barriers从量税specific duties配额quota保护性关税protective tariff市场失灵market failure幼稚产业infant industry许可证制度licensing system财政关税revenue tariff政府采购government procurement 贸易保护主义trade protectionism 从价税Ad valorem Duties最低限价floor price本地采购规则“buy local” rules 增加内需raise domestic demand Domestic content 国内含量Red-tape barriers 进口环节壁垒Export susidies 出口补贴Binding quota 绑定配额Absolute quotas 绝对配额VER 自愿出口限制Tariff-rate quotas 关税配额Zero quota 零配额“Buy local” rules 本地采购原则Ⅱ1.Protectionism means the deliberate use or encouragement of restrictions on imports to enable relatively inefficient domestic producers to compete successfully with foreign producers.保护主义是指蓄意使用或鼓励进口限制，以此使本国相对效率低的产品能成功地和外国产品竞争。
帅建林版国际贸易实务课后练习答案(双语)
Chapter 1IYES，Please refer to the 1st paragraph of the text.IIIThe chart above shows the U.S. imports from China, U.S. exports to China and the trade balance. The U.S. has a negative trade balance with China, and it has been growing. During the period from 1997 to 2003, imports from China have grown 244% while exports to China have grown 221%, indicating that the trade deficit is increasing. There had already been a sizeable trade balance deficit with China in 1996, totaling $ 39.5 billion at the end of the year.IV1. Export goods are tangible goods sent out of countries.2. Trade in services are international earnings other than those derived from the exporting and importing of tangible goods.3. Import goods are tangible goods brought in.4. International trade is all business transactions that involve two or more countries.5. FDI is one that gives the investor a controlling interest in a foreign company.6. Investment is used primarily as financial means for a company to earn more money on its money with relative safety.V1. International trade is the fair and deliberate exchange of goods and/or services across national boundaries. It concerns trade operations of both import and export and includes the purchase and sale of both visible and invisible goods.2. In today's complex economic world, neither individuals nor nations are self-sufficient. Nations participate in the international trade for many reasons. As to the economic reasons, no nation has all of the economic resources (land, labor and capital) that it needs to develop itseconomy and culture, and no country enjoys a particular item sufficient enough to meet its needs. As for the preference reasons, international trade takes place because of innovation of style. Besides, every nation can specialize in a certain field and enjoy a comparative advantage in some particular area in terms of trade so that they need to do business with each other to make use of resources more efficiently and effectively.3. In measuring the effectiveness of global trade, nations carefully follow two key indicators, namely, balance of trade and balance of payments.4. FDI, the abbreviation form Foreign Direct Investment, means buying of permanent property and business in foreign nations. It occurs when acquisition of equity interest in a foreign company is trade. The great significance of FDI for China might be that: FDI solve the problem of capital shortage for China so that China may spend the money on importing advanced equipment and technologies for its infrastructure, national supporting industry, key projects, etc.Chapter 2II1. Protectionism means the deliberate use or encouragement of restrictions on imports to enable relatively inefficient domestic producers to compete successfully with foreign producers.保护主义是指蓄意使用或鼓励进口限制，以此使本国相对效率低的产品能成功地和外国产品竞争。
国际贸易实务课后练习答案英文版
What contents shoul d a contract embody?Sell er's and buyer's name.The name of commodity and unit price.Terms of d elivery.Payment terms.Delivery date.Insurance.Claim clause.Arbitration clause。
Force majeure clause.mImport license.mAmendments and suppl ements.Supersed e contract.Retirement right.Place of signing.Plain language.Different date formats.Units of measurement.Currency.Interpretation or translation.Signing of the contract.ually terms of trad e are stipulated in the trad e contract and cl early indicateboth parties responsibilities.√2.Claim and arbitration clause must be includ ed in the written contract.×3.Once signed, I need amendments and suppl ements to the present contractcoul d not be accepted.╳4. A firm offer must indicate that once it has been an conditionally Accept bythe offered within its validity,The offer is binding on both parties.√5.Written form of contract has a l ot of advantages in disputes. Resolving soevery contract shoul d be conducted in writing.×6.In most cases both the buyer and the seller will experience many runs of offerand counter offer before. Concluding a contract.√7.According to cIsgI offer, if it is irrevocabl e, may not be withdrawn if thewithdrawal reaches the offeree being or at the same time as the offer.×8.According to crsg,There are firm offer and non firm offer.×9. A firm offer should includ e at l east three specific conditions, name ofcommodity, quality of commodity and price of commodity.√10.The content of the offer can be ind efinite.×11.In reality.the quantity of goods shipped must be exactly the same with thatstipulated in the contract.×12.In terms of systems of ways and measures. China ad opts us system due to isbeing wid ely applied in the international trad e.×13.Packing can only serve as a form of protection.×14.Graceful night is often stipulated in the contract to indicate that the way ofthe lies valued products is cal culated by Gross weight.√15.The more or l ess cl ouds means that the quantity d elivered can be more or l esswithin certain extent.√Yes, the articl es had great changes in price at the time when d elivery is mad e. The sail or may stipulate that settlement for this part is based on the market price at the time. When the goods I shipped on board the vessel.错。
国际贸易实务英文版课后练习题含答案
国际贸易实务英文版课后练习题含答案Exercise 11.What is the difference between import and export? three commonly traded goods in international trade.3.What are trade barriers?4.List three advantages of international trade.5.What is the WTO and what is its purpose?Answers:1.Import refers to the purchase of goods or services fromanother country while export refers to the sale of goods orservices to another country.2.Examples of commonly traded goods in international tradeinclude oil, automobiles, and electronics.3.Trade barriers are government policies or regulations thatrestrict international trade, such as tariffs, quotas, andembargoes.4.Advantages of international trade include increased economicgrowth, access to a wider range of goods and services, andincreased competition which can lead to lower prices.5.The WTO, or World Trade Organization, is an internationalorganization that regulates and promotes international trade among member countries. Its purpose is to ensure that trade flowssmoothly, predictably, and freely as possible.Exercise 21.What is the difference between an open economy and a closedeconomy?2.What is a balance of trade? three factors that can influence a country’s balanceof trade.4.What is a trade deficit?5.What are the consequences of a trade deficit?Answers:1.An open economy is one that engages in international tradeand allows foreign investment while a closed economy is one that does not engage in international trade or allow foreign investment.2.Balance of trade refers to the difference between acountry’s exports and its imports during a specific time period.3.Factors that can influence a country’s balance of tradeinclude political stability, currency exchange rates, and trade policies such as tariffs and subsidies.4.A trade deficit occ urs when a country’s imports exceed itsexports.5.The consequences of a trade deficit can include a decreasein a country’s currency value, increased borrowing from foreign countries, and a loss of jobs in the domestic economy.Exercise 31.What is the difference between absolute advantage andcomparative advantage?2.Give an example of a country that has an absolute advantagein producing a specific good.3.What is the basis for comparative advantage?4.Expln the concept of opportunity cost and how it relates tocomparative advantage.5.How can a country benefit from specializing in theproduction of goods in which it has a comparative advantage? Answers:1.Absolute advantage exists when a country can produce a goodmore efficiently than another country while comparative advantage exists when a country can produce a good at a lower opportunity cost than another country.2.For example, Saudi Arabia has an absolute advantage inproducing oil due to its abundance of natural resources andadvanced technology.3.The basis for comparative advantage is the idea thatcountries should specialize in producing goods in which they havea lower opportunity cost compared to other goods.4.Opportunity cost refers to the value of the next bestalternative that is given up in order to pursue a particularaction. It relates to comparative advantage because a countryshould produce the goods in which it has a comparative advantage and trade for goods in which it does not have a comparativeadvantage.5.A country can benefit from specializing in the production ofgoods in which it has a comparative advantage by increasingefficiency and productivity, leading to lower costs and increased competitiveness in international trade.。
帅建林版国际贸易实务课后练习答案（双语）
Chapter 1IYES，Please refer to the 1st paragraph of the text. II流动性过剩自给自足经济资源直接投资国际收支易货交易出口退税倾销出口型经济增长东道国贸易差额贸易顺差／贸易逆差欧盟国际收支顺差／国际收支逆差有形贸易无形贸易货物贸易服务贸易excess liquidityself-sufficienteconomic resourcesdirect investmentbalance of paymentsbarterexport tax rebatedumpingexport-driven economic growthhost countrybalance of tradefavorable/unfavorable balance of trade European Unionfavorable/unfavorable balance of payments visible tradeinvisible tradetrade in goodstrade in servicesIIIThe chart above shows the U.S. imports from China, U.S. exports to China and the trade balance. The U.S. has a negative trade balance with China, and it has been growing. During the period from 1997 to 2003, imports from China have grown 244% while exports to China have grown 221%, indicating that the trade deficit is increasing. There had already been a sizeable trade balance deficit with China in 1996, totaling $ 39.5 billion at the end of the year.IV1. Export goods are tangible goods sent out of countries.2. Trade in services are international earnings other than those derived from the exporting and importing of tangible goods.3. Import goods are tangible goods brought in.4. International trade is all business transactions that involve two or more countries.5. FDI is one that gives the investor a controlling interest in a foreign company.6. Investment is used primarily as financial means for a company to earn more money on its money with relative safety.V1. International trade is the fair and deliberate exchange of goods and/or services across national boundaries. It concerns trade operations of both import and export and includes thepurchase and sale of both visible and invisible goods.2. In today's complex economic world, neither individuals nor nations are self-sufficient. Nations participate in the international trade for many reasons. As to the economic reasons, no nation has all of the economic resources (land, labor and capital) that it needs to develop its economy and culture, and no country enjoys a particular item sufficient enough to meet its needs. As for the preference reasons, international trade takes place because of innovation of style. Besides, every nation can specialize in a certain field and enjoy a comparative advantage in some particular area in terms of trade so that they need to do business with each other to make use of resources more efficiently and effectively.3. In measuring the effectiveness of global trade, nations carefully follow two key indicators, namely, balance of trade and balance of payments.4. FDI, the abbreviation form Foreign Direct Investment, means buying of permanent property and business in foreign nations. It occurs when acquisition of equity interest in a foreign company is trade. The great significance of FDI for China might be that: FDI solve the problem of capital shortage for China so that China may spend the money on importing advanced equipment and technologies for its infrastructure, national supporting industry, key projects, etc.Chapter 2I关税壁垒非关税壁垒从量税配额保护性关税市场失灵幼稚产业许可证制度财政关税政府采购贸易保护主义从价税最低限价本地采购规则增加内需Domestic content Red-tape barriers Export subsidies Binding quota Absolute quotas VERTariff-rate quotas Zero quota "Buy local" rules Tariff barriersnon-tariff barriers specific dutiesquotaprotective tariff market failureinfant industry licensing system Revenue tariff government procurement trade protectionismAd Valorem Duties floor price"buy local" rulesraise domestic demand 国内含量进口环节壁垒出口补贴绑定配额绝对配额自愿出口限制关税配额零配额本地采购原则II1. Protectionism means the deliberate use or encouragement of restrictions on imports to enable relatively inefficient domestic producers to compete successfully with foreign producers.保护主义是指蓄意使用或鼓励进口限制，以此使本国相对效率低的产品能成功地和外国产品竞争。