Principles of international trade and

finance
Khankhuu Lkhagvasuren
Burte-ujin
Tsetsegbal Bat-erdene

Introduction

Currency risk and exchange risk

Deregulation
Risk and rewards
Significance of importing and exporting
Various terms, acronyms and organization activity
Importance of export and import application
Ethical trading and social responsibility

Introduction

Terms and acronyms

Licenses
Ethical trading
Social responsibilities

1. Analyze importance of foreign

currency and exchange risk

How active the foreign exchange market tells the

story of what the financial community thinks of the
global economy at that time

2. Review the current trading initiatives

adopted including de-regulation activities.

Import and export

Economic integration
Regionalism free trade
Protect themselves

WTO
Nondiscrimination
Tariffs
Transparency

3. Evaluate the risk and rewards of

trading abroad
Rewards of Trading abroad

Growth of business
Diversify risk
Better margins
Earlier payments

Evaluate the risk and rewards of

trading abroad

Economic risk
Risk of concession in economic control
Risk of insolvency of the buyer
Risk of non-acceptance
Risk of exchange rate
Political risks

4. Review and evaluate the significant factors

development of importing and exporting.

Freight development
Licenses
Barriers
Anti-dumping
Anti-cheating
A Competitive Edge
Economies of Scale in Production
New Markets
Insulation From Seasonal Domestic Sales
Improved Return on Investment

5. Research and write your understanding of the various

terms, acronyms and organization associated with
import and export activities.

Counter-measurements
Imposing restrictions
Restrictions
Anti-dumping practices
A Competitive Edge
Economies of Scale in Production
New Markets

Insulation From Seasonal Domestic Sales

Improved Return on Investment
The FITA Global Trade Portal
The WTO
The European Union
AAEI
The Professional Association of Exporters and Importers (P.A.E.I.)

6. Explain the importance of import

and export licenses and its application

Documents
Barriers
Quotes
Tariffs

7. Survey trend of ethical trading and

social responsibility

Defraud
Ethical trading
Economical destruction
Social responsibilities

Conclusion

Bad business results

Investigations
Complaints
Economical turmoil

Recommendention

References.

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http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11423806
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Euronews. (2015, 5 2). BUSINESS. Retrieved from Euronews.:
http://www.euronews.com/2015/03/25/eu-slaps-tariffs-on-chinese-taiwanese-steelimports/
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References