This document provides an overview of international trade, including definitions, classifications, types, characteristics, benefits and barriers. It discusses the importance of international trade in promoting specialization and use of resources. Challenges like distance, language differences, and trade restrictions are also covered. The document concludes that international trade leads to economic development when balanced with protectionism to avoid exploitation.
Theoretical Part Topics:
1. Introduction to International Trade
2. Trade Barrier & Imperfect Competition
3. Trade Body, Trade Law and Product introduction
4. World Apparel Market and BDG RMG Sector
5. Market and Demand Analysis
6. World Market analysis and Potentialities
7. Introduction to Marketing and Export Promotion
8. Communication Strategy
9. Process of Export and Import
International economics deals with the economic relations among nations. The resulting interdependence is very important to the economic well-being of most nations of the world and is on the increase. The economic relations among nations differ from the economic relations among the various part of a nation. This gives rise to different problems, requiring somewhat different tools of analysis, and justifies International Economics as a distinct and separate branch of “Applied” Economics.
International economics deals with
1) The Pure Theory of Trade. This examines the basis for trade and the gains from trade.
2) The Theory of Commercial Policy. This studies the reasons for and the results of obstructions to the free flow of trade.
3) The Balance of Payments. This examines a nation’s total payments to and total receipts from the rest of the world. These involve the exchange of one currency with others.
4) Adjustment in the Balance of Payments. This deals with the mechanism of adjustment to balance of payments disequilibria under different international monetary systems.
Theoretical Part Topics:
1. Introduction to International Trade
2. Trade Barrier & Imperfect Competition
3. Trade Body, Trade Law and Product introduction
4. World Apparel Market and BDG RMG Sector
5. Market and Demand Analysis
6. World Market analysis and Potentialities
7. Introduction to Marketing and Export Promotion
8. Communication Strategy
9. Process of Export and Import
International economics deals with the economic relations among nations. The resulting interdependence is very important to the economic well-being of most nations of the world and is on the increase. The economic relations among nations differ from the economic relations among the various part of a nation. This gives rise to different problems, requiring somewhat different tools of analysis, and justifies International Economics as a distinct and separate branch of “Applied” Economics.
International economics deals with
1) The Pure Theory of Trade. This examines the basis for trade and the gains from trade.
2) The Theory of Commercial Policy. This studies the reasons for and the results of obstructions to the free flow of trade.
3) The Balance of Payments. This examines a nation’s total payments to and total receipts from the rest of the world. These involve the exchange of one currency with others.
4) Adjustment in the Balance of Payments. This deals with the mechanism of adjustment to balance of payments disequilibria under different international monetary systems.
international trade theory
,
why is free trade beneficial
,
what role does government have in trade
,
what is mercantilism
,
what is the heckscher-ohlin theory
,
how does the theory of absolute advantage work
,
is a current account deficit bad
,
what is smith’s theory of absolute advantage
,
what is the balance of payments
,
what is new trade theory
,
what is ricardo’s theory of comparative advantage
International trade is distorted by countries applying tariff and non tariff trade barriers.
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Concept of international business environmentPinki Verma
Presentation on Concept of International Business Environment which includes:
1. Difference between International Business and International Business Environment
2.Difference between Domestic Business and International Business
3.Entry Modes of International Business
4.Nature of International Business
5.Advantages of International Business
6.Classification Of International Business Environment
(a) Micro and Macro Environment
(b) Domestic, Foreign and Global Environment
7.Components Of International Business Environment with examples.
To watch more ppt follow our channel.
Social and cultural Environment - International Business - Manu Melwin Joymanumelwin
The socio-cultural fabric is an important environmental factor that should be analysed while formulating business strategies. The cost of ignoring the customs, traditions, taboos, tastes and preferences, etc., of people could be very high.
international trade theory
,
why is free trade beneficial
,
what role does government have in trade
,
what is mercantilism
,
what is the heckscher-ohlin theory
,
how does the theory of absolute advantage work
,
is a current account deficit bad
,
what is smith’s theory of absolute advantage
,
what is the balance of payments
,
what is new trade theory
,
what is ricardo’s theory of comparative advantage
International trade is distorted by countries applying tariff and non tariff trade barriers.
Want more FREE resources? Checkout the B2B Whiteboard youtube channel:
www.youtube.com/b2bwhiteboard
Or join us on Facebook today: www.facebook.com/b2bwhiteboard
Concept of international business environmentPinki Verma
Presentation on Concept of International Business Environment which includes:
1. Difference between International Business and International Business Environment
2.Difference between Domestic Business and International Business
3.Entry Modes of International Business
4.Nature of International Business
5.Advantages of International Business
6.Classification Of International Business Environment
(a) Micro and Macro Environment
(b) Domestic, Foreign and Global Environment
7.Components Of International Business Environment with examples.
To watch more ppt follow our channel.
Social and cultural Environment - International Business - Manu Melwin Joymanumelwin
The socio-cultural fabric is an important environmental factor that should be analysed while formulating business strategies. The cost of ignoring the customs, traditions, taboos, tastes and preferences, etc., of people could be very high.
“The aim of international trade is to increase production and to raise the standard of living of the people. International trade helps citizens of one nation to consume and enjoy the possession of goods produced in some other nation.”
The given PPT consist of the details about Globalisation,international business and international marketing along with the difference between TNC's & MNC's
IntroductionTheories of International TradeCommon Terms in International TradeReasons For International TradeAdvantages of International TradeDisadvantages of International TradeInternational Trade ProtectionismReasons for Trade ProtectionismWorld Trade OrganizationObjectives of WTOConclusionsDiscussions
International Business refers to the trade of goods, services, technology, capital and/or knowledge at a global level. It involves cross-border transactions of goods and services between two or more countries.
International trade Ftu - In today’s world, economic life has become more complex and diversified.
What is international trade? The dis/advantage of international trade.
International business; competitive advantages; evolution; nature of international business; reasons and stages of internationalisation; approaches and theories of international business; comparative cost advantage and problems of international business.
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2. Table of content
Introduction
Classification of international trade
Types of international trade
Characteristics of international trade
Role & importance of international trade
Benefit of international trade
Barriers of international trade
Reason of international trade
problem & challenge of international trade
Advantage of international trade
Disadvantage of international trade
conclusion
3. Introductions
The aim of international trade is to increase production and to
raise the standard of living of the people. International trade
help citizens of one nation to consume and enjoy the
possession of goods produced in some other nation”
4. Definitions of international trade
According to Author
International trade is a set of actions that aim to exchange
capital, goods, and services between foreign countries across
their international borders.
According to own word
It is a exchange of good & services between one country with
other country.
5. Classification of international trade
International trade must be classified into three
ways
Import trade
Export trade
Entrepot trade
12. Indent firm
The indent firm charge a commission for
their services .The indent firm also called a
commission agent.
13. Merchant shippers
This is a class of businessmen who buy
goods on their own account and sell them in
a foreign country at a profit.
14. Characteristics of international trade
Territorial specialization
International competition
Separation of sellers from buyers
Long chain of middlemen
Mutually acceptable currency
International rules and regulations
Government control
Several documents
15. Role & importance of international trade
Division of labor
Utilization of resource
Raise standard of living of people
Employment opportunity
Equality of price
Increase quality of goods
Economic development
16. Benefit of international trade
Increased revenues.
Decreased competition.
Longer product lifespan.
Easier cash-flow management.
Better risk management.
Benefiting from currency exchange.
Access to export financing.
Disposal of surplus goods.
17. Barriers of international trade
Culture and social barriers
Political
Tariff and trade restrictions
Standers
Boycotts
Anti dumping
Monetary barriers
18. Reason of international trade
Reduced dependence on your local market
Increased chances of success
Increased efficiency
Increased productivity
Economic advantage
Innovation
Growth
19. problem & challenge of international trade
Distance
Diversity of language
Transport and communication
Risk and uncertainty
Lack of information
Difficulties in payment
Various document used
Import export restriction
20. Advantage of international trade
Increased revenues.
Decreased competition.
Longer product lifespan.
Easier cash-flow management.
Better risk management.
Benefiting from currency exchange.
Access to export financing.
Disposal of surplus goods.
21. Disadvantage of international trade
Shipping Customs and Duties. International shipping
companies like FedEx, UPS and DHL make it easy to ship
packages almost anywhere in the world. ...
Language Barriers. ...
Cultural Differences. ...
Servicing Customers. ...
Returning Products. ...
Intellectual Property Theft.
22. conclusion
International trade and investment is constituted by economic
relation. ... The protectionism concept is effectively being used
by the countries in order to avoid exploitation and also ensures
smooth going in trade.