A contract is an agreement which sets forth binding obligations of the relevant parties. It is enforceable by law, and any party that fails to fu lfill his contractu al obligations may be sued and forced to make compensation, though most contracts do not give rise to disputes. The contract is based ...
时间:2024-12-07 13:35栏目:行业资料
Lesson 19 Foreign Direct Investment •Foreign direct investment is the major form of international investment, whereby （through FDI） residents of one country acquire 获得 assets in a foreign country for the purpose of controlling and managing them. Why does FDI occur? An instinctive 本能的...
时间:2024-12-01 10:15栏目:行业资料
Transportation is fundamental to the development and operation of an industrial society. It permits the specialization of work effort necessary to achieve efficiency and productivity. Geographically distant resources become accessible with transportation. The economic growth of any society in any pa...
时间:2024-12-01 10:15栏目:行业资料
One of the major differences between domestic trade and foreign trade is documentation (单据的使用). Every shipment must be accompanied by a number of correct documents. If they are not the correct ones, the importer will have difficulties in taking delivery of 提货the goods, and delays cause...
时间:2024-12-01 10:15栏目:行业资料
Lesson 18 International Financial Organizations The most important international financial organizations are the World Bank and the International Monetary Fund both of which were created by the Bretton Woods Conference. The official name of the World Bank is the International Bank for Reconstruction...
时间:2024-12-01 10:15栏目:行业资料
Lesson 17 The International Monetary Sy stem and Ex change Rate The earliest international monetary system was known as the gold standard under which countries pledged (promised) to change their paper currencies into gold when requested to do so. The gold standard created a fixed exchange rate syste...
时间:2024-12-01 10:15栏目:行业资料
Lesson 15 Insurance A brief survey of insurance literature (文献，图书资料) reveals (shows, indicate) differences of opinion concerning how the term should be defined. In whatever way the term is defined, insurance is a social device（mechanism 机制） in which a group of individuals trans...
时间:2024-12-01 10:15栏目:行业资料
In international trade it is almost impossible to mach payment with physical delivery (实际交货) of the goods, which constitutes conflicting problems for trade, since the exporter prefers to get paid before releasing the goods and the importer prefers to gain control over the goods before paying...
时间:2024-12-01 10:15栏目:行业资料
Lesson10 International Pay ment Generally speaking, it is not very difficult for buyers and sellers in domestic trade to get to know each other’s financial status and other information, and payment is likely to be made in a straightforward manner, say （for example）by remittance or by debiting ...
时间:2024-11-24 20:23栏目:行业资料
