The main features of international trade

International trade in goods is the scope of commodity exchange, and domestic trade is no different in nature, but because it is between different countries or regions, so in comparison with domestic trade has the following characteristics:
1. International trade in goods involves different countries or regions in the policy measures, legal systems and different aspects of possible conflict, as well as language and culture, social customs and so bring about the differences, the issues involved complex than domestic trade.
2. International trade in goods generally higher transaction volume and value, the transport distance, to fulfill a long time, so the business risk both larger than domestic trade.
3. International trade in goods vulnerable to trading parties in countries where the political and economic changes, changes in international situation, bilateral relations and other conditions.
4. International trade in goods in addition to bilateral trade, the need to relate to transport, insurance, banking, commodity inspection, customs and other departments of the collaboration, coordination process than domestic trade are much more complex.
Here, the key is to international trade and domestic trade some contrast. International trade and domestic trade there was not only common, they are different, international trade is more complex than domestic trade.
First, international trade and domestic trade of the common
1, in social status in the same production;
2, a common mode of goods movement;
3, the same basic functions, and are subject to the laws of commodity economy and constraints.
Second, international trade and domestic trade, the difference between
1, the economic policies of different countries;
2, language, laws and customs are different;
3, and all countries currency, weights and measures, different customs system;
4, greater than the commercial risks in international trade and domestic trade.
To sum up, international trade is more complex than domestic trade.

International Trade Classification

1, according to the direction of movement of goods in international trade may be divided into
1 Imports (Import Trade): to foreign goods or services enter their market.
2, export trade (Export Trade): the national output of goods or services to foreign markets.
3, cross-border trade (Transit Trade): A country's goods transported through the territory of the State C to State B market, in terms of the C state is the transit trade. As the transit trade to the role of international trade barriers, present, WTO members do not engage in cross-border trade between each other.
Imports and exports both sides, on each transaction, the seller is concerned, is the export trade, the buyer is concerned, is the import trade. In addition, their input in the output of goods and become re-exported; output of foreign goods enter the country at the time, called the complex import.
Second, according to the shape of goods in international trade can be divided into
1, the visible trade (Visible Trade): there are import and export of goods in kind. For example, machinery, equipment, furniture and so on are all forms of physical goods, such as visible trade import and export goods. At the same time, this form it is often referred to as import and export trade.
2, the invisible trade (Invisible Trade): without physical import and export of technologies and services. The transfer of patent rights, tourism, finance and insurance companies are all cross-border provision of services without material goods, the import and export is called invisible trade.
Third, by producing and consuming countries in trade relations and the international trade can be divided into
1, direct trade (Direct Trade): refers to commodity producing countries and consumer goods are not traded through third countries of goods act. Trade aspects of the exporting country as direct exports, direct imports of the importing country side called.
2, indirect trade (Indirect Trade) and re-exports (Transit Trade): means the commodity producing countries and consumer goods are traded through third countries, commodities, indirect trade producers as indirect exporters, as consumers indirectly importing country, while the third countries are re-country, third country is re-engaged.
For example, the post-war Iraq, there are some opportunities, but risks are also high. Some enterprises in China's exports to Iraq when the first product sold mostly to neighboring countries of Iraq, then Iraq's neighboring countries re-export to Iraq.
4. By trade consists of: service trade, processing trade, commodity trade, general trade.