国际贸易专业留学生assignment范文:进出口的利与弊
(2018-05-23 11:59:39)【这是一篇国际贸易专业留学生assignment范文,主要探讨经济全球化背景下进出口的利与弊】
国际商务是当今全球化时代开展业务的核心主题。在竞争激烈的环境中,企业在全球范围内竞争。在国际商务中,公司可以从事进出口业务的两种方式。进口和出口进行业务的两个基本途径)。每当一家公司从事国际业务时,有许多影响业务的因素很多。因此,进出口贸易都有各自的优缺点。考虑到这一观点,这份报告解决了两个主要的国际业务的主要方式和各自的优点和缺点的关键分析。除此之外,分配的报告还讨论了国际商业和自由贸易。
International business is the core theme in conducting
business in current era of globalization. In the competitive
environment, businesses are competing at global level. In
international business a company can engage in either of the two
ways such as import or export. Import and export are the two basic
and primary ways of conducting the business (Dunning, 2007).
Whenever a company engages into the international business, there
are lot many factors which impact the business. Hence there are
advantages and disadvantages of both import and export. Considering
this view, this assignment report addresses the critical analysis
of two primary ways of occurring international business and
respective advantages and disadvantages. In addition to this the
assignment report also discusses the international business and
free trade (Fortanier, 2008).
International Trade: 国际贸易:
国际贸易也被称为全球贸易,贸易商可以在边界上交换货物或服务和原材料。国际贸易首先由美国的工业革命开始,在第十八年代末和第十九年代初在全球范围内传播。在通信、运输和物流的急剧变化改变了进行国际业务的方式,简化了过程。通信和交通设施的技术进步和变化,在第二十世纪激增了国际贸易。目前的国际贸易形式已转化为外包和跨国企业。从第二十世纪中期开始,在交易量上出现了一个引人注目的上升。在1928年度,世界的总出口总值约为317亿美元,而70年后,这一数字为4215兆2亿美元。为了保持稳定和平衡的国家中,世界贸易组织的形成产生。该组织不仅解决了贸易问题,而且还支持发展中国家在向国外出口产品和服务。WTO中的指挥位置留有G-7国家包括美国,法国,德国,英国,意大利,日本,加拿大。该组织控制了国际贸易的动态,也支持在准备国家之间的贸易协定。很少有贸易理论提供了国际贸易的总体看法如下:
International trade is also known as global trade where the
traders can exchange the goods or services and raw material across
the borders. International trade was first started by the
industrial revolution in US and spread across the globe in the late
18th and early 19th century. A drastic change in the communication,
transportation and logistics has changed the way of conducting
international business and simplified the process. The
technological advancement and change in the communication and
transportation facilities has surged the international trade in the
20th century. The present form of international trade has been
transformed into the outsourcing and multinational companies(Gupta
and Govindarajan, 2008). A dramatic rise has been noted in the
trading volume from the mid of 20th century. In the year 1928 the
total export value in the world was approximately $31.7 billion
while after 70 years this figure is $4,215,000.2 billion. In order
to maintain the stability and equilibrium among the countries the
formation of World Trade Organization came into existence (Hennart,
2004). The organization not only solves the trade matters but also
support the developing countries in export their product and
service to foreign countries. The commanding position in WTO is
left with G-7 countries which include US, France, Germany, the UK,
Italy, Japan and Canada. The organization controls the dynamics of
international trade which also support in preparing the trade
agreement between the nations. There are few trade theories which
provide the overall view of international trade as discussed
below:
Absolute Advantage Theory: 绝对利益论
The absolute advantage theory provided the view about the
capacity and control in terms of competitive landscape for
international trade among the countries. According to this theory,
if any country A can produce the products and service of same
quality at lower cost of resources than the other country B then
country A has absolute competitive advantage over country B. also
for other commodities country B can have the absolute competitive
advantage over country A. the great economist Adam Smith has put
this theory forward to understand the international trade (Johanson
and Wiedersheim-Paul, 2008).
Comparative Advantage Theory 比较利益论
Comparative advantage theory is the extension of absolute
advantage theory which stated that a country should produce only
those items in which it has expertise and specialization for the
purpose of developing the comparative advantage in terms of
resources. In order to govern the pattern of trade the relative
factor endowment has a key role ((Jones, 2006).
Heckscher-Ohlin Model 赫克歇尔-俄林模型
Heckscher Ohlin theory is some what different from absolute
advantage and comparative advantage theory since it emphasizes only
on the production factors in which the company has expertise and
from that produce the goods. This theory stated that a country
should export only those goods which are abundance in the country
and for which the means of production factors can be utilized more
intensively. In contrast the country should import only those goods
in which the country is less capable for its means of production
factors and also not available in abundance (Nelson and Winter,
2007). Therefore it has been observed that the factor of endowment
and relative variation has key role in the pattern of international
trade. As against this statement, Wasily Leotieff tested this
theory empirically in which he found that the Hecksher Ohlin theory
may not always be true. In support of this statement he stated that
the export in US is for the commodities which are labor intensive
however the country has abundance capital and this example is
famous by the name as Leontief Paradox ((Jones, 2008).
Specific Factors Model 特异性因子模型
The specific model theory stated that for producing the goods
and exports them to other country, the capital should be fixed for
the short run and labor should be mobile. It would help to minimize
the cost of production i.e. in case the price of a commodity
increase then the producer an get the benefit by using the labor
which is available at low cost. This model is suitable only for
some specific industries (Easterly, 2008).
Gravity Model 引力模式
As per the gravity model theory, the pattern of trade between
the countries is affected by the distance between the countries and
these findings are also supported by the economics (Hennart,
2007).
International Equities:国际股市
International equities are the assets of the country in which
the country transact with the other country. In the international
equity a country has greater or lesser value transaction over the
other country. There are few theories comes under international
equity which provides the better idea to understand the
international equity. These theories are provided in the following
section (Hennart, 2007).
Balance of Trade: 贸易平衡
Whenever, a country export to other country or import from
other country, then the difference between the export and import is
known as balance of trade. If the export of goods is greater than
the import of goods then the different between the export and
import is positive and said that the country has positive balance
of trade. On the other hand if the export is less than the import
then the balance of trade will be negative and this situation is
called trade deficit (Casson, 2008).
Balance of Payment:收支平衡
Balance of payment is the record of all the transaction which
has been done by the country with rest of the world. The
transaction may include the import, export, financial capital,
goods of services, and the financial transfers of the funds. The
balance of payment is prepared in a single currency and usually
prepared for specific period as like the financial year of a
company. The receipts of loan, investments receipts and export
sources of funds are recorded as surplus or positive items. On the
other hand the usage of funds as like the investments, import and
payable are recorded as negative or deficit items (Dunning, 2006).
There must be balance when all the components of balance of payment
are recorded as like balance sheet of a company. Ideally balance of
payment is the difference between the current account and capital
account and the balance item are added or subtracted depending on
the value it holds. There is a point of concern for the countries
having deficit in current account since it generates the long term
liability for the country (Bartlett and Ghoshal, 2007).
Advantages and Disadvantages of International
Trade:国际贸易的利与弊
There are some advantages and disadvantages of international
trade for both the export and import.
Advantages of Exporting:优势出口
One of the major advantages of export is the ownership
advantage which is specific to the firms' international experience,
asset and ability of the exporter to either develop the
differentiated product or low cost product with in the values chain
(Hertner and Jones, 2007). A combination of investment risk and
market potential is known as the location benefit of the particular
market combination. In order to retain the core competencies within
the organization and stitching it throughout the country without
retaining the license, selling or outsourcing is the international
advantage in export (Amatori and Jones, 2003).
Some of the organizations having lower level of ownership
advantage may do not enter into the foreign markets. In case a
company's products and company's ownership equipped with the
international advantage and ownership advantage, the entry can be
made through low risk model known as exporting under the eclectic
paradigm. There is low investment requires in exporting of goods
than the other modes of international trade and expansion such
foreign direct investment. Some how it is recognized that the lower
level of risk result in ,lower level of rate of return than
possibly the other modes of international trade (Khanna, 2007). On
the other hand the usual return on international trade in export
sales might not have greater potential but also there will be no
risk. In export of goods the managers are allowed to exercise the
various operational control however it does not have the option
over the control of marketing activities of the company. The end
consumer of exported goods is far away from the exporter though the
various intermediaries can mange the risk (Jones, 2008).
Disadvantages of Exporting:出口劣势
The exporting of goods is specifically difficult and
disadvantageous for the small and medium size firms having
employees less than 250. The sale of services and goods into the
foreign market is difficult for them rather serving the domestic
market. A lack of knowledge of different languages, difference in
culture, exchange regulations and trade regulations having the
major impact on exporting the goods for SMEs. In addition to this
the staff interaction and strain of resources is a major block of
exporting the goods. Despite this disadvantage, some of the SMEs
are still exporting however two third of them sold out to the
foreign markets (Jones, 2008).
In addition to this there are some major disadvantages
highlighted in the export of goods such as financial management,
communication technology improvements, and customer demand and
management mistakes. In order to minimize the risk of transaction
process of exporting the goods and exchange rate fluctuation, it is
essential to have more capacity for managing the financials for
coping up the efforts (Nelson and Winter, 2007). Customers can now
interact with the suppliers due to the recent development is the
communication technology has improved the way of purchasing goods,
since the communication is mush cheaper then what is was two
decades ago. It leads more transparency in transaction and
purchasing of goods and vendors are responsible for following the
real time demand for submitting the transaction details (Hennart,
2007). The customers are becoming advance due to the improvement in
the technology and they demand more support and services from the
vendor such as startup and equipment installation and startup,
delivery service and maintenance which are difficult for the
exporter to provide. There might be some pitfalls in the
organization occurred by some of the management mistakes such as
oversea a distributor, an agent or chaos in the global organization
(Johanson and Wiedersheim-Paul, 2008).
Advantages of Importing:进口优势
Importing raw materials and goods is one of the paths of
increasing the profit margins. There are number of benefits in
importing the goods, such as high quality, low prices, and benefits
related to the international trade. An importer can have the
comparative advantage which means lower prices (Jones, 2006). Also
the importer can have the much cheaper products from the foreign
market due to low labor cost, low taxes etc. in terms of quality,
the importer can have the higher quality goods and produce the
finished goods with high quality and extend the business profit
margins. In some countries, government provides the support to the
importer for developing the trade relations (Nelson and Winter,
2007).
Government provides the information of the manufacturers and
producers in the foreign country so that the importer can purchase
the high quality and low price goods. Also due to the government
involvement reduces the transaction risk. An importer can access to
the regionally exclusive resources and cheap labor for producing
the goods. These resources are required in the manufacturing
process that have specialized skills and can be sound in certain
countries. For example in electronic items, Japanese people are
highly efficient and manufacturer in UK use the labor from Japanese
market for producing goods. The importing of resources includes
everything starting from labor to technology (Fortanier,
2008).
Disadvantages of Importing:进口劣势
There are many governments and economists who believe that the
importing goods have numerous disadvantages. For example importing
of goods could lead the erosion of the domestic markets and
national economies specifically when there is trade deficit
occurrence i.e. the import is higher than the export. Some of the
goods like cars; appliances lead a higher level of domestic
automobile and electronic markets and also loss of jobs in the
respective markets (Hennart, 2007).
Some other problems can also be increased due to import of
goods such as conflict in the domestic values due to the acceptance
of social values. The domestic industries can also be crippled due
to the import of the countries where the wages are low and the
domestic industries are unable to compete since they cannot lower
down their prices of goods than the cost of goods and also they
have the obligation to the worker union (Hertner and Jones,
2007).
Free Trade Concept:自由贸易概念
The concept of free trade was introduced in the system to
benefit the country and improving the condition of poor by
providing them high quality and cheaper products. However as an
economist, in my opinion free trade is erosion the domestic players
for example if UK government lower down the import duty on sugar
then the demand for the imported sugar will increase and domestic
player will not be able to compete with the foreign player
(Johanson and Wiedersheim-Paul, 2008). On the other hand the
economic category argues that free trade promote the environmental
degradation, supporting the child labor, income inequality and wage
labor, slavery, harming the national defense, enforcement of
cultural change and accentuating the poverty in the country.
The economists also argued that the importing goods under free
trade are opposed by the domestic industries due to rise in
competition in terms of product quality and cheaper prices (Nelson
and Winter, 2007). A maximum exploitation of workers due to the
free trade is also opposed by the socialists. Free trade generally
do not reduce the poverty or improve the condition of working class
in the country but frequently make them more poor. It also supports
the colonialism and imperialism in the country. On the other hand I
believe that in free trade consumer could gain more than the
industrialists and the domestic producers are more likely to
mobilize their products without lifting the tariffs (Jones,
2006).
Conclusion and Suggestions:结论和建议
The competitive business environment enforces the businesses
in both the international and domestic markets to retain their
business and remain competitive. However depending on the need and
potential of the business, it is essential to understand whether
the company should indulge into the export or import activity
(Gupta and Govindarajan, 2008). It is recommended to the businesses
specially the medium and small companies to extend their business
potential at domestic market first and then extend into the
international market collaboration, joint venture or business
partnership. Prosperity in the country cannot be achieved through
protectionism since it increases only the poverty and also do not
protect the domestic industries or jobs but harm the export
business and industries which has belief on imports (Hennart,
2007).

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