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Unit 1 An Overview of International Trade 1

Project Ⅰ Reasons for International Trade 2

Module 1 Resources Reasons 2

Module 2 Economic Reasons 2

Module 3 Other Reasons 4

Project Ⅱ The International Trade Policy 5

Module 1 Gains from Free Trade 5

Module 2 Reasons for Trade Protectionism 6

Module 3 Different Means of Protection 7

Case Remark 11

Practice 13

Unit 2 InternationalTradeTerms 17

Project Ⅰ BriefExplanations of Trade Terms 17

Module 1 International Trade Terms 18

Module 2 International Rules＆Practices on Trade Terms 19

Project Ⅱ Contents of Trade Terms 20

Module 1 An Overview of Incoterms 2010 20

Module 2 Difference between Incoterms 2000 and Incoterms 2010 21

Module 3 A Brief Explanation of the Terms in Incoterms 2010 21

Module 4 Clauses Commonly Used about the Trade Terms in Contracts 26

Project Ⅲ Expression and Choice of Trade Terms 26

Module 1 Expression of Trade Terms 27

Module 2 Choice of Trade Terms 27

Case Remark 29

Practice 30

Unit 3 Terms of Commodity 35

Project Ⅰ Name of Commodity 36

Project Ⅱ Quality of Commodity 36

Module 1 Sale by Sample 37

Module 2 Sale by Description 38

Project Ⅲ Quantity of Commodity 39

Module 1 Units of Measurement 39

Module 2 Calculation of Weight 39

Module 3 More or Less Clause 40

Project Ⅳ Packing of Commodity 40

Module 1 Functions of Packing 40

Module 2 Types of Packing 41

Project Ⅴ Marking of Commodity 41

Module 1 Shipping Marks 42

Module 2 Indicative/Warning Marks 42

Module 3 Additional Marks 43

Case Remark 45

Practice 45

Unit 4 International Cargo Transportation 49

Project Ⅰ Ocean Freight 50

Module 1 Major Types of Cargo Vessels 50

Module 2 Major Modes of Ocean Vessels 51

Project Ⅱ Air Transport 53

Module 1 Characteristics of Air Transportation 53

Module 2 Types of Air Transportation 53

Project Ⅲ Other Means of International Cargo Transportation 54

Module 1 Road Transport 54

Module 2 Rail Transport 54

Module 3 Inland Waterway Transport 54

Module 4 Containerization 55

Module 5 Palletization 55

Module 6 Pipelines 55

Module 7 International Multimodal Transport 56

Project Ⅳ Transportation Documents 56

Module 1 Bill of Lading 56

Module 2 Other Types of Transportation Documents 60

Project Ⅴ Clause of Shipment in the Sales Contract 61

Module 1 Time of Shipment 61

Module 2 Port of Shipment and Port of Destination 61

Module 3 Shipping Advice 62

Module 4 Partial Shipment and Transshipment 62

Case Remark 65

Practice 66

Unit 5 International Trade Payment and Settlement 69

Project Ⅰ Payment Instruments of International Trade 70

Module 1 Bill of Exchange 70

Module 2 Promissory Notes 72

Module 3 Checks 73

Project Ⅱ Methods of Payment 73

Module 1 Remittance 73

Module 2 Collection 75

Module 3 Letter of Credit 77

Case Remark 82

Practice 83

Unit 6 International Cargo Transportation Insurance 87

Project Ⅰ Fundamental Concepts in International Cargo Insurance 88

Module 1 Parties Involved 88

Module 2 Some Concepts 89

Project Ⅱ Marine Transportation Insurance 90

Module 1 Risks Covered by Marine Insurance 90

Module 2 Losses Covered by Marine Insurance 91

Module 3 Expenses Incurred for the Rescue of Insured Cargo 92

Module 4 Major Categories of General Insurance Coverage 92

Module 5 Procedures of Marine Insurance 93

Case Remark 97

Practice 97

Unit 7 Inspection＆Force Majeure 103

Project Ⅰ Commodity Inspection 104

Module 1 Importance of Commodity Inspection 105

Module 2 Inspection Agency and Certificate 105

Module 3 Inspection Operation 106

Project Ⅱ Force Majeure 108

Module 1 Definition of Force Majeure 109

Module 2 Consequences of Force Majeure 109

Module 3 Force Majeure Clause 109

Case Remark 112

Practice 113

Unit 8 Claim＆Arbitration 117

Project Ⅰ Claim 118

Module 1 Liabilities of Breach of Contract 118

Module 2 The Claim Clause in the Contract 119

Module 3 Settlement of Claim 120

Project Ⅱ Arbitration 120

Module 1 Definition of Arbitration 121

Module 2 Procedure of Arbitration 121

Module 3 Arbitration Clause 122

Case Remark 125

Practice 125

Unit 9 Export＆Import Documentations 129

Project Ⅰ Role of and Requirements for Documentation 130

Module 1 Role of Documentation 130

Moudle 2 Requirements for Documentation 130

Project Ⅱ Official Documents 131

Module 1 Export License 131

Module 2 Import License and Foreign Authorization 131

Module 3 Certificate of Origin 132

Module 4 Certificate of Inspection 132

Module 5 Consular Invoice 132

Module 6 Customs Invoice 133

Project Ⅲ Commercial Documents 133

Module 1 Pro Forma Invoice 133

Module 2 Commercial Invoice 133

Module 3 Quality Certificate 134

Module 4 Weight Certificate 135

Project Ⅳ Financial Documents 135

Module 1 Application Form for International Money Transfer 135

Module 2 Draft 135

Module 3 Promissory Notes 136

Module 4 Application for Documentary Letter of Credit 136

Module 5 Letter of Credit 136

Project Ⅴ Transportation Documents 137

Module 1 Bill of Lading 137

Module 2 Shipping Note/Advice 137

Module 3 Packing List 138

Module 4 Air Waybill 138

Project Ⅵ Insurance Documents 138

Module 1 Insurance Policy 139

Module 2 Insurance Certificate 139

Module 3 Open Policy 139

Case Remark 145

Practice 145

Unit 10 E-commerce 149

Project Ⅰ E-commerce and Its Historical Development 150

Module 1 Definition of E-commerce 150

Module 2 Historical Development of E-commerce 150

Project Ⅱ Categories of E-commerce 151

Project Ⅲ Business Process and Models of E-commerce 154

Module 1 Business Process of E-commerce 154

Module 2 Business Models of E-commerce 154

Project Ⅳ Advantages of E-commerce 155

Project Ⅴ Limitations of E-commerce 157

Case Remark 159

Practice 161

Bibliography 163