Table of Contents
Unit 1 An Overview of International Trade1
Project I Reasons for International Trade2
Module 1 Resources Reasons2
Module 2 Economic Reasons2
Module 3 Other Reasons4
Project II The International Trade Policy5
Module 1 Gains from Free Trade5
Module 2 Reasons for Trade Protectionism6
Module 3 Different Means of Protection7
Case Remark11
Practice13
Unit 2 International Trade Terms17
Project I Brief Explanations of Trade Terms17
Module 1 International Trade Terms18
Module 2 International Rules Practices on Trade Terms19
Project II Contents of Trade Terms 20
Module 1 An Overview of Incoterms 201020
Module 2 Difference between Incoterms 2000 and Incoterms 201021
Module 3 A Brief Explanation of the Terms in Incoterms 201021
Module 4 Clauses Commonly Used about the Trade Terms in Contracts26
Project III Expression and Choice of Trade Terms26
Module 1 Expression of Trade Terms27
Module 2 Choice of Trade Terms27
Case Remark29
Practice30
Unit 3 Terms of Commodity35
Project I Name of Commodity36
Project II Quality of Commodity36
Module 1 Sale by Sample37
Module 2 Sale by Description38
Project III Quantity of Commodity39
Module 1 Units of Measurement39
Module 2 Calculation of Weight39
Module 3 More or Less Clause40
Project IV Packing of Commodity40
Module 1 Functions of Packing40
Module 2 Types of Packing41
Project V Marking of Commodity41
Module 1 Shipping Marks42
Module 2 Indicative / Warning Marks42
Module 3 Additional Marks43
Case Remark45
Practice45
Unit 4 International Cargo Transportation49
Project I Ocean Freight50
Module 1 Major Types of Cargo Vessels50
Module 2 Major Modes of Ocean Vessels51
Project II Air Transport53
Module 1 Characteristics of Air Transportation53
Module 2 Types of Air Transportation53
Project III Other Means of International Cargo Transportation54
Module 1 Road Transport54
Module 2 Rail Transport54
Module 3 Inland Waterway Transport54
Module 4 Containerization55
Module 5 Palletization55
Module 6 Pipelines55
Module 7 International Multimodal Transport56
Project IV Transportation Documents56
Module 1 Bill of Lading56
Module 2 Other Types of Transportation Documents60
Project V Clause of Shipment in the Sales Contract61
Module 1 Time of Shipment61
Module 2 Port of Shipment and Port of Destination61
Module 3 Shipping Advice62
Module 4 Partial Shipment and Transshipment62
Case Remark65
Practice66
Unit 5 International Trade Payment and Settlement69
Project I Payment Instruments of International Trade70
Module 1 Bill of Exchange70
Module 2 Promissory Notes72
Module 3 Checks73
Project II Methods of Payment73
Module 1 Remittance73
Module 2 Collection75
Module 3 Letter of Credit77
Case Remark82
Practice83
Unit 6 International Cargo Transportation Insurance87
Project I Fundamental Concepts in International Cargo Insurance88
Module 1 Parties Involved88
Module 2 Some Concepts89
Project II Marine Transportation Insurance90
Module 1 Risks Covered by Marine Insurance90
Module 2 Losses Covered by Marine Insurance91
Module 3 Expenses Incurred for the Rescue of Insured Cargo 92
Module 4 Major Categories of General Insurance Coverage92
Module 5 Procedures of Marine Insurance 93
Case Remark97
Practice97
Unit 7 Inspection Force Majeure103
Project I Commodity Inspection104
Module 1 Importance of Commodity Inspection105
Module 2 Inspection Agency and Certificate105
Module 3 Inspection Operation106
Project II Force Majeure108
Module 1 Definition of Force Majeure109
Module 2 Consequences of Force Majeure109
Module 3 Force Majeure Clause109
Case Remark112
Practice113
Unit 8 Claim Arbitration117
Project I Claim118
Module 1 Liabilities of Breach of Contract118
Module 2 The Claim Clause in the Contract119
Module 3 Settlement of Claim120
Project II Arbitration 120
Module 1 Definition of Arbitration121
Module 2 Procedure of Arbitration121
Module 3 Arbitration Clause122
Case Remark125
Practice125
Unit 9 Export Import Documentations129
Project I Role of and Requirements for Documentation 130
Module 1 Role of Documentation 130
Moudle 2 Requirements for Documentation 130
Project II Official Documents131
Module 1 Export License131
Module 2 Import License and Foreign Authorization131
Module 3 Certificate of Origin132
Module 4 Certificate of Inspection132
Module 5 Consular Invoice132
Module 6 Customs Invoice133
Project III Commercial Documents133
Module 1 Pro Forma Invoice133
Module 2 Commercial Invoice133
Module 3 Quality Certificate134
Module 4 Weight Certificate135
Project IV Financial Documents135
Module 1 Application Form for International Money Transfer135
Module 2 Draft135
Module 3 Promissory Notes 136
Module 4 Application for Documentary Letter of Credit136
Module 5 Letter of Credit136
Project V Transportation Documents137
Module 1 Bill of Lading137
Module 2 Shipping Note/Advice137
Module 3 Packing List138
Module 4 Air Waybill 138
Project VI Insurance Documents138
Module 1 Insurance Policy139
Module 2 Insurance Certificate139
Module 3 Open Policy139
Case Remark145
Practice145
Unit 10 E-commerce149
Project I E-commerce and Its Historical Development150
Module 1 Definition of E-commerce150
Module 2 Historical Development of E-commerce150
Project II Categories of E-commerce151
Project III Business Process and Models of E-commerce154
Module 1 Business Process of E-commerce154
Module 2 Business Models of E-commerce154
Project IV Advantages of E-commerce155
Project V Limitations of E-commerce157
Case Remark159
Practice161
Bibliography163