1、3. To gain profit.4. To seej out foreign markets and procurement.5. There are four major forms which are the following: Merchandise exports and Imports, Service Exports and Imports, Investment and Multinational Enterprise. 6. It is the account which is a summary statement of the flow of all internat
2、ional economic and financial transactions between one nation (eg.the United States ) and the rest of the world over some period of time, usually one year. 7. Merchandise Exporting and Importing. 8. Yes. There are great differences between them. 1) direct investment takes place when control follows t
3、he investment. It usually means high commitment of capital, personnel, and technology abroad. It aims at gaining of foreign resources and foreign markets. Direct investment may often get higher foreign sales than exporting. And sometimes it involves two or more parties. 2) While portfolio investment
4、s are not under control. And they are used primarily for financial purposes. Treasures of companies, for example, routinely more funds from one country to another to get a higher yield on short term investments. 9. MNE is the abbreviation of the multinational enterprise. Its synonyms are NNC (the mu
5、ltinational corporation) and TNC (transnational corporation). 10. Examples are travel, transport, fee, royalties, dividends and interest. 11. The choice of forms is influenced by the objective being pursued and the environments in which the company must operate. 12. It is limited by the number of pe
6、ople interested in a firms products and services and by customers capacity to make purchase. 13. This is because at an early stage of international involvement these operations usually take the least commitment and least risk of a firms resources. 14. Royalties means the payment for use of assets fr
7、om abroad, such as for trademarks patens, copyrights, or other expertise under contract known as licencing agreements.Royalties are also paid franchising. 15. It is a way of doing business in which one party (the franchiser) the use of a trademark that is an essential asset for the franchisers busin
8、ess.II Match each one on the left with its correct meaning on the right1. J 2.A 3.E 4.B 5.C 6.D 7.I 8.G 9.F 10.HIII Translate the following terms and phrases into Chinese1 购买力 11经济复苏;恢复2潜在销售量 12 经济衰退3加价,涨价 13间接投资4国内市场 14有形货物5制成品 15有形进出口6边际利润 16收入及支出;岁入及岁出7市场占有率 17超额能力8贸易歧视 18贸易中间人(商);经纪人9时机选择 19全部包建
9、的工程承包方式10经销周期 20许可证协定IV Case Study 1 Answer:Batteries called white elephant exported from China were very popular in Southeast Asia, because was a lucky thing in Southeast Asia, but no one was interested in it in the market of Europe and the United States. The boss of the company was very strange th
10、at the quality of the battery or the price of reasons, so he asked his staff to investigate. Finally he found that is the brand to be blame. The brands name translated into English was which meant something were no use but cumbersome in Western countries. It was really a bad translation from culture
11、 information perspective. The meaning derived from a legend. According to the legend, there was a king who hated a minister, so he gave a white elephant to the minister for punishment. The minister has to take care of the white elephant, he couldnt give it to others or kill it because its the king g
12、ave it to him. However, the appetite of the white elephant was so great, and the minister became poorer. So it showed people in western countries would not buy the battery for the consumers have no willing to buy something useless but cumbersome.V. OpenVI.Translate the following into English1. Trade
13、 is often the engine of growth. However oversimplified this metaphor may be, it does serve to underline the importance of foreign trade in the process of growth. A healthy expansion of exports may not always be sufficient condition for rapid and sustained growth, but a strong positive association between the two is clearly undeniable. Trade expansion contributes to economic growth in many ways. Among them are the benefits of specialization; the favorable effects of international competi
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