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EnglishforInternationalTradePractices

-國際貿(mào)易實(shí)務(wù)英語-

Chapter1InternationalTrade

11.ReasonsforInternationalTradedefinitionofinternationaltrade:exchangeofgoodsandservicesbetweencountries,includingimportandexportbasicreasonsforinternationaltrade:domesticnon-availabilityofresourcesprincipleofcomparativeadvantage1.1“resources”&foreigntradeKeywords1:resource(usu.pl.)supplyofrawmaterials,etc.whichbringacountry,person,etc.wealth.typesofresources:naturalresources&humanresourcestangible&intangibleresourceskeywords2:factorsofproduction(生產(chǎn)要素)theelementsusedtoproduceeconomicgoods,i.e.,land,labor,capitalandenterprise.(LongmanFinancialGlossary)1.2“cost”&foreigntradeKeywords1:absoluteadvantageItreferstothecapabilityofonenationtoproducemoreofagoodwiththesameamountofinputthananothercountry.ItwasproposedbyAdamSmithinhisfamouswork,“TheWealthofNations”[1776]AccordingtoSmith,tradeisbasedonabsoluteadvantageandbenefitsbothnationswheneachnationspecializesintheproductionofthecommodityofitsabsoluteadvantageandexchangespartofitsoutputforthecommodityofitsabsolutedisadvantage.1.2“cost”&foreigntradeKeywords2:comparativeadvantageItwasproposedbyDavidRicardoinhisfamous“PrinciplesofPoliticalEconomyandTaxation”Itclaimsthatevenifabsoluteadvantagedoesnotexist,thelessefficientnationcanstilltradewithothers.Itcanspecializeinproducingandexportingthegoodsinwhichitsabsolutedisadvantageisless.Thisisthecommodityofitscomparativeadvantage.(internationalspecialization)Keywords:opportunitycostWhatisopportunitycost?Itisabasictermfromthedisciplinesofmoderneconomicsandaccounting.Theopportunitycostofsomethingiswhatyousacrificetogetit.opportunity=valueofbestforegonealternativeE.g.Youropportunitycostforattendingclassis...Youropportunitycostfordrinkingbeerallnightis…2.BenefitsofInternationalTradekeywords1:capitalgoods

(生產(chǎn)資料)goodsusedtoproduceothergoods,e.g.fixedassetslikemachineryandbuildings.keywords2:economiesofscale

(規(guī)模經(jīng)濟(jì))factorswhichtendtoreducetheaveragecostsofproducinganitem,asthescaleoftheindustrydevelops.Someindustries,suchasautomobileproduction,areonlyefficientatverylargescales.RepresentativesofFreeTradephysiocracy(重農(nóng)主義)Fran?oisQuesnay魁奈(1694-1774)absoluteadvantage(絕對成本論)AdamSmith亞當(dāng)·斯密(1723-1790)comparativeadvantage(比較成本論)DavidRicardo李嘉圖(1772-1823)neo-classicaltheory(新古典主義)AlfredMarshall馬歇爾(1842—1924)factorendowmentstheory(要素稟賦論)Heckscher-Ohlin赫克歇爾(1879-1952)-俄林KeyWordsofFreeTradeTheoriesinvisiblehandabsolutecost/advantagecomparativecost/advantageinternationalspecializationfactorendowmentscompetitiveadvantage無形之手絕對成本/優(yōu)勢相對成本/優(yōu)勢國際分工要素稟賦競爭優(yōu)勢3.1.ReasonsforTradeProtectionismprotectnationalsecurityprotectinfantindustryprotectagainstunfaircompetitionprotectdomesticemploymentforpoliticalconsiderationprotectfinancialstabilitykeywords1–tariffbarriergeneraltypesofcustomstariffs:revenuetariffprotectiontariffbasictypesofimportduty:specifictariffadvaloremtariffcompoundtariffalternativedutycommonly-usedimportsurtax:countervailingdutyanti-dumpingduty(ADD)財(cái)政性關(guān)稅保護(hù)性關(guān)稅從量稅從價(jià)稅復(fù)合稅可選稅反補(bǔ)貼稅反傾銷稅keywords2–non-tariffbarrierskeywords1:quota:quantitativerestrictionorupperlimitintermsofquantityorvalueofimported/exportedgoods.keywords2:importlicense:permitfromthegovernmentforimporttocontrolthevolumeofimport.keywords3:voluntaryexportrestraints(VER):anagreementbetweentwogovernmentsinwhichthegovernmentoftheexportingcountryagreestorestrainthevolumeofitsownexports.4.ArgumentsforTradeRestrictionpreventunfair-competitionfromforeigncountriesbringdiversityandstabilitytonationaleconomystoprichnationsfromexploitingpooronespenalizenationswithvariousproblemsnurturedomesticinfant-industrysavelocaljobopportunitiesdefendnational-securityprotectnationalculturepreventdumpingRepresentativesofTradeProtectionismmercantilism(重商主義)15thcentury

–17thcentury(Europe)protectivetariff(保護(hù)關(guān)稅論)AlexanderHamilton(漢密爾頓)(1757-1804)protectionofinfantindustry(保護(hù)幼稚工業(yè)論)FriedrichList(李斯特)(1789-1846)Keynesianism(凱恩斯主義)JohnMaynardKeynes(凱恩斯)(1883-1946)neo-tradeprotectionism

(新貿(mào)易保護(hù)主義)governmentinterventionKeyWordsofTradeProtectionisminfantindustrylocalemploymentnationalcultureunfaircompetitionnationalsecuritybalanceoftrade幼稚行業(yè)本地人就業(yè)民族文化不公平競爭國家安全貿(mào)易平衡TermstoRememberabsolute(comp

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