Upload File

i n t e r n a t i o n a l t r a d e p r e s e n t a t i o n b y h a r r y

  • Home
  • Business
  • I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y
16
November 1 st 2010 Presentation by Harprit(Harry) Pal S Marahrh ELT Program for Accounting and Finance Professionals

Upload: harpritpal

Post on 19-Jun-2015

961 views

Category:

Business


4 download

Report

Tags:

TRANSCRIPT

Page 1: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

November 1st 2010Presentation by

Harprit(Harry) Pal S

Marahrh

ELT Program for Accounting and Finance Professionals

Page 2: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

OVERVIEW

Important terms

Reason of International trade

Export Documents

Process of International Trade

Protectionism

How Protectionism works

Free Trade Areas & Associations

Position of Canada in World’s Trade

http://www.google.ca/imgres?imgurl=http://www.4wallpapers.com/pictures/1024x768/2008/Ships_white_sea_giant_005522_.jpg&imgrefurl=http://www.4wallpapers.com/eng/Ships/wallpaper-5522-1.htm&usg=__5tJI2S6phP_dVOX2MujLX0LjeeE=&h=768&w=1024&sz=227&hl=en&start=25&zoom=1&itbs=1&tbnid=VIiD9QOTzkkbpM:&tbnh=113&tbnw=150&prev=/images?q=ships+at+sea&start=18&hl=en&safe=strict&client=dell-row-rel&sa=N&channel=ca&gbv=2&ad=w5&ndsp=18&tbs=isch:1
Page 3: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

IMPORTANT TERMS

Economy of Scale: Reduction in cost per unit resulting from

increased production, operational efficiencies

Factors of Production- Labour & Capital

Balance of Trade: Trade Surplus- Exports>Imports

Trade Deficit- Exports<Imports

Balance of Payment: Visible Trade + Factors of Production

Demurrage & Gurantee of payment- a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure

Quotas, Tariffs, Bans: Restrictions on imports as a measure of protection for specific goods, or industries, or domestic producers, or due to government policies

Page 4: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

TRADE TRANSACTIONS

GOODS

PAYMENT

S BINFORMATION

Page 5: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

DATA EXCHANGE IN INTERNATIONAL TRADE

Arrival Notice

Instruction

Invoice, PO

Importer’s

Bank

Ocean Carrier

Customs House

Broker

Lin

e o

f C

red

it

Per

form

a In

voic

e

Shipping

& funding detail

Vessel Booking Request

Cargo

Status

Shipping & Funding Detail

Exporter’s

Bank

Importer Exporter

Vessel Booking Confirmation

Bill of Lading

Rated Bill of Lading

Dock Receipt

Freight Forwarder

Purchase Order

LC

Co

nfi

rmat

ion

Do

ck r

ecei

pt

Delivery Order

Vessel Manifest

Dock receipt

Release/Approval

Dem

urr

age

gu

aran

tee

&p

aym

ent

Inland

CarrierM

anif

est

Pick-up &

Delivery

Order

Importer Notice

Converted Vessel

ManifestCustoms (Export)

Port

Customs

( Import )

Ori

gin

al B

/L,

Invo

ice

PO

Inland

Carrier

Marine

Insurance

Company

Fund Transfer

Confirmed Line of Credit

Rel

ease

/Ho

ld

No

tice

Purchase Exportation Importation

Import

Terminal

Operator

Proforma

Invoice

Export Declaration

Export Declaration

Bill of lading, Documentation

Import

Docs

Export

Terminal

Operator

Page 6: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

MAIN EXPORT DOCUMENTS

Commercial Invoice: bill for the goods from the seller to the buyer

Bill of Lading (B/L): Document signed by a transportation company (carrier) to

show receipt of goods for transportation from and to the points indicated.

Insurance Certificate

Certificate of Origin

Quality and Weight Certificates

Export Licence

Letter of Credit - A letter on the part of a bank and at the request of one of the

bank’s customers, to pay a named beneficiary a specified amount of money (or to

deliver an item of value) if the beneficiary presents documents in accordance with

the terms and conditions specified in the letter of credit

Vessel's manifest - International carrier is obligated to make declarations of the

ship's crew and contents at both the port of departure and arrival. The vessel

manifest lists various details about each shipment by B/L number

Page 7: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

LIST OF DOCUMENTS

Enquiry

Order

Payment order

Forwarding instructions

Forwarder's invoice

Goods receipt

Air waybill

Road consignment note

Rail consignment note

Cargo manifest

Bill of lading

Freight invoice

Export licence

Exchange control doc.

Certificate of origin

Dangerous goods declaration

Import licence

Customs delivery note

Documentary credit

Page 8: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

WHY INTERNATIONAL TRADE

Food Cars

USA 2 8

Japan 3 6

Principle of Absolute Cost AdvantageAccording to Adam Smith, both countries can gain from

international trade through specialization (USA

producing more food and Japan producing more cars):

Suppose the USA produces 1 car less, this frees up 8

labourers

Labour Per Unit

These 8 labourers can now produce 8/2 = 4 units of food

To keep the production level of cars constant, Japan

should make 1 car more. This requires 6 labourers

These 6 labourers could have made 6/3 = 2 units of

food

Conclusion: USA Japan change world prod.

production of cars: -1 +1 0

production of food: +4 -2 +2

Page 9: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

PROTECTIONISM

Restriction of imports into a country by government measures

Reasons for Protectionism

Protects businesses from extra competition

Helps new businesses to develop before they face competition

Helps protect jobs

Prevents imports of harmful goods

Methods

Quotas: Limits on the quantity of a product that can be imported into a country e.g. 100,000 cars

Regulations: Laws and safety guidelines (embargoes are considered strong diplomatic measures to prohibit commerce and trade with a particular country)

Teriffs or Import Duties: Taxes on imported goods. They raise the price to customers and make them less attractive

Page 10: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

HOW PROTECTIONISM WORKS

PY

QYO

S

D

P w

P t

F

A

G

a b c d

Pw-Price in international market

Pt-Price of imports after tax

①price increase

Q1 Q2Q3 Q4

Import before tax

②imports decrease after tax

e

B

C

H

③loss of consumer is a+b+c+d

④producer surplus e increased by a

⑤government tariff income is c

Benefit：a+b+d（producer）

+c（government）

Supply

Demand

P

r

i

c

e

Quantity

Sw

Page 11: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

FREE TRADE AREAS & ASSOCIATIONS

Trade without any protectionism / trade barriers between countries

Examples of free trade areas/organizations North American Free Trade Agreement (NAFTA)

Free Trade Area of Americas (FTAA)

European Free Trade Association (EFTA)

European Union (EU)

Association of Southeast Asian Nations (Asean)

World Trade Organization (WTO/GATT before 1995)

Asia-Pacific Economic Corporation (APEC)

MERCOSER (Mercado Comun del Sur-Southern Common Market)

Page 12: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

INTERNATIONAL TRADING PARTNERS

Percentage of World, 1996

Page 13: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

CANADA IN INTERNATIONAL TRADE

0

50

100

150

200

250

US EU JAPAN UK

Exports in

billion

Imports in

billion

0

200

400

600

800

1000

1200

1400

Ch

ina

Ge

rma

ny

US

Jap

an

Ne

ith

erl

an

ds

Fra

nce

Ita

ly

Be

lgiu

m

Re

p o

f K

ore

a

UK

Ho

ng K

on

g

Ca

na

da

* All Data is in Billion $ (US)

Major Partners of Canada Top 13 Trading Countries

Page 14: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

POSITION OF CANADA IN WORLD’S TRADE

0

200

400

600

800

1000

1200

1400

Billion $ (US)

Page 15: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

WE HAVE DISCUSSED

Important terms in International Trade

Benefit of International trade

Documents used in International Trade

Process of International Trade

Protectionism & how it works

International Free Trade areas & Associations

Canada’s position in International Trade

Page 16: I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y

THANK YOU !

Harprit(Harry) Pal S Marahrh

Program of Accounting and Finance Professionals

Costi, Brampton, ON, Canada

Tel.: (647)867-1325, e-mail: [email protected]


T A L L E R I N T E G R A L D E I N T E R N E T

CAPELLA - centralhighlands.qld.gov.au · M a l v e r n S t C r i n u m S t M o r a n S t R e t r o S t B u r n n t O ' B ri e n Hibern a R d S t S c o t t s P e a k D r G o r d o

T A R N T A R A N - pdapatiala.in

Grand Mesa, Uncompahgre and Gunnison National Forests ......i c t P a o n i a R a n g e r D i s t r i c t t G u n n i s o n R a n g e r D i s t r i c t G u n n i s o n R a n g e r

E O N C I B R E A N Y H C A W H I TIER D L I C E N T RAL C ... · b u s h a r d (s t r e e t-n t r u n k m i l l e r-h o l d e r! t r u n k n o r t h t r u n k i n t e r p l a n t

1 RIV 2 T R RIV 2 9 8 - quincyil.gov · york ln r r r r r t r r e n e n d s d z t r r r d r r r d w s n t marlon ct wysteria ln r t e t t t n t t e t t r s t d d d d 2 t d d d d d

ADA COUNTY COMPREHENSIVE PLAN · 2 n t. 1 n r. 1w t. 2 s t.. 3 s r. 1e r. 2e t 3 s r. 3e r. 4e t. 2 s t. 1 s t. 1 n t. 2 n t. n 3 n r. 3e r. 2e t. 4 n t. w 5 n 2s1e 1s e 3s1e 3s4e

V E R N E R E . H O G G A T T , J R ., a n d N A N E T T E

A B C D E F G H I · k k k k k T 06 N T 05 N T 05 N T 04 N T 07 N T 06 N T 04 N T 03 N T 03 N T 02 N T 08 N T 07 N R 45 E R 46 E R 43 E R 44 E R 44 E R 45 E 00 00 Madison County Teton

N t +1 /N t = r t = exp[ R m (1 - N t /K )] (1.6) =λ exp(- cN t ) (1.6a)

March 2007 m I T C e n T e r f o r I n T e r n a T I o n a

R O T A R Y I N T E R N A T I O N A L D I S T R I C T 7 …...GLOBAL GOVERNOR’S MESSAGE District Officers E-NEWSLETTER R O T A R Y I N T E R N A T I O N A L D I S T R I C T 7 9 3

M I T I n t e r n a t i o n a l C e n t e r f o r A i r T r a n s p o r t a t i o n

I N T E R N I - E S T E R N I

COOK COUNTY - MnDOTT R A N S P O R T A T O N D E P A R T M E N T OF BASIC DATA - 1976 COOK North Zone T 64 N T 62 N T 60 N T 58 N R 4 W R 2 W R 2 E R 4 E R 6 E R 4 W R 2 W R 2 E R

CITY STREET FOREST OR PARK...R 3 E R 4 E R 2 E H R 3 E T 4 N T ú43 VN T T43 N T 42 N R 4 E R 5 E R 5 E R 6 E T 44 N TD 43ú N R 6 E R 7 E T 45E N TN 44T N T 46 N T 45 N T4 7 N T4

« B U M A N N , D E R R E S T A U R A N T T E S T E R » I N S T E F F … · 2015. 9. 27. · « B U M A N N , D E R R E S T A U R A N T T E S T E R » I N S T E F F I S B U R G

T E R R A S A N C T A R E T R E A T C E N T E R IMPACT REPORT

u r b a n t r a n s p o r t a t i o n LIGHT RAIL · u r b a n t r a n s p o r t a t i o n. Created Date: 1/29/2016 6:24:27 PM

g n i c n a n i F ms i r o r e T r e t n u o C o t e s n o p s e R s n ...€¦ · S t r e n g t h e n i n g P a k i s t a n ' s R e s p o n s e t o C o u n t e r T e r r o r i s

INTERNATIONAL · WI n n n n n ln n n n re n rr n ra T T T T T T T T T `!r T T Iv 1 we . i i . . . r Y ti I61 II lab r Time Control Smiths Industries Time Controls have recently launched

N T E R N A T I O N A L R - SoftPlanTuts

T U R N I N G P O I N T P R E S E N T A T I O N

N O R T H E R N T R U S T C O R P O R A T I O N

I N T E R N E T

Reichweiten//Formate//Termine//Preise - skip.at · inklusive r ß e n n , u-e t n m-n n d -t-e 5 t r . eurige n r die och. r gung d t blieben, bleiben der – n e k-diesem r r den

Probabilistic Exposure Risk of Unmanned Aircraft...M I T I n t e r n a t i o n a l M I T I n t e r n a t i o n a l C e n t e r f o r A C e n t e r f o r A i r T r a n s p o r t a t

S T A N D A R DS T A N D A R DS T A N D A R DS T A N D A R ... · PDF fileS T A N D A R DS T A N D A R DS T A N D A R DS T A ... A uPVC pressure pipe is spigot and socket rubber ring

Ada County€¦ · 3 N R. 4E T. 1 S R. 1W R. 1E T. 5 N T. L 4 N T. e 2 N T. 1 N R. 1W T. 2 S T.. 3 S R. 1E R. 2E T 3 S R. 3E R. 4E T. 2 S T. 1 S T. 1 N T. 2 N T. e 3 N R.B 3E R. 2E

R E N T-A -C E N T E R , I N C

Garfield County · 2018-08-27 · R 40 E R 41 E R 42 E R 43 E R 44 E T 6 N T 7 N T 8 N T 9 N T 10 N T 11 rN T 12 N T 13 N T 14 N Washington Oregon Wallowa County U M A T I L L A N

dec.alaska.gov · ELVIRA AVE S N R R R T T R R T N D P BLACKSTONE RD R T T E N R E D T R N N R E P N N Y R R D T T S N T BURTIS AVE N T T T T T ... #* 2.50 - 100 µg/L #* 100 - 1,000

Mat Art3 curvas sobre curvas. n-hipocicloide(R,r) [hipotrocoide] x=(R-r)*COS(t)+(r/n)*COS((R-r)*t/r) y =(R-r)*SENO(t)-(r/n)*SENO((R-r)*t/r) n-epicicloide(R,r)

DaslogarithmischeWandgesetzturbulenterGrenzschichten bei ... · n n . r t n h e g r t r l s m s rn gr g n gr r n t d t . e e e t r g r e e e n r e n n t r ls . t dr grn r ln es smn

INVERTEC V300-Ivalvol.xyz/schems/InvertecV300.pdfR e t u r n t o M a s t e r T O C R e t u r n t o M a s t e r T O C R e t u r n t o M a s t e r T O C R e t u r n t o M a s t e r T