This document discusses international trade. It provides statistics showing that global trade grew 10.5% in 2017 to $34 trillion, with machines, fuels, automobiles and plastics making up the largest traded commodities. International trade brings both advantages and disadvantages. The advantages include increased revenues, longer product lifespans, better risk management, and benefiting from currency exchange. The disadvantages are impediments to local industries, domestic unemployment, economic dependence, political risks, proprietary information theft, misuse of natural resources, and danger to international peace. The conclusion states that international trade can help Vietnam specialize and exploit resources to maximize production and benefits.

1. INTERNATIONAL TRADE
Group 3
Le Khuong Quoc Anh
Bui Duy Dat
Le Huynh Dang Khoa
Dong Ngoc Tra My
Tran Phuong Nam
Huynh Thi Thao Ngoan
Vo Thi Ut Quyen
Ho Thi Tham
Dao Thi Thuy
Nguyen Hoa Tien

2. INTRODUCTION
In today’s world, economic life has become
more complex and diversified. Faster trade
expansion is being driven by stronger
growth across most regions, especially in
developing economies.

3. In 2017, global trade grew
10.5%, world trade was 34
trillion dollars. That's 17 trillion
dollars in exports plus 17 trillion
dollars in imports.
Commodities Traded In 2017
Machines and
Technology
44%
Fuels
19%
Other
13%
Automobiles
12%
Plastics
12%
The Balance Source: Central Intelligence Agency

4. having an important share in
GDP in different countries.
Various companies from
different countries are looking
for new growth opportunities
beyond their home country
borders.
helps citizens of one nation to
consume and enjoy the
possession of goods produced
in some other nation
That shows the importance of international trade
Commodities Traded In 2017
Therefore, no country can live in isolation and claim to be
self-sufficient. Even countries with different ideologies,
culture, and political, social and economic structure have
trade relations with each other.

5. What is international trade?
Import Trade
Export Trade
Entrepot Trade
International trade is the exchange of goods and services
between countries. This type of trade gives rise to a world
economy, in which prices, or supply and demand, affect and
are affected by global events.

6. PART ONE
The ADVANTAGE
of international trade.

7. Increased revenues
Each country you add to your list can
open up a new pathway to business
growth and increased revenues.
Longer product lifespan
Selling a product to an overseas market
can extend the life of an existing
product as emerging markets seek to
buy American products.
Better risk management
Becoming less dependent on a single
market may help you mitigate potential
risks in your core market.
The ADVANTAGE of international trade

8. Benefiting from
currency exchange
Those who add international trade to
their portfolio may also benefit from
currency fluctuations.
Enhanced reputation
Successes in one country can influence
success in other adjacent countries,
which can raise your company's profile
in your market niche.
Boosting your business
financial performance
This is a good way to help you to
augment the returns you obtain on your
investment into research and
development.
The ADVANTAGE of international trade

9. PART TWO
The DISADVANTAGE
of international trade.

10. The DISADVANTAGE of international trade
Impediment in the Development of Home Industries
Local small manufacturers going out of business because many products
which are manufactured by local producers cannot compete with imported
products
Domestic Unemployment
Foreign labor is typically cheaper due to exchange rates and political
differentiation, it is beneficial for companies to allocate their human resources
outside the country.
Economic Dependence of Underdeveloped Countries
When underdeveloped countries account for their sustainability on foreign
imports, they fall quickly when supplies drop or prices increase. This can also
occur in affluent nations, who nourish economies of information and skilled
labor rather than commodity trade.

11. The DISADVANTAGE of international trade
Political risk involved with international trade
Business law does not transfer from nation to nation. Different countries
provide their own political risks at varying levels. A government can change
laws in a discriminatory fashion or create regulations that directly impact a
specific organization.
The risk of proprietary information theft
Going into an international market with a product or service increases the risk
of another brand or business stealing proprietary information, marketing
concepts, or even a personal identity. China has a reputation of doing this.
Mis-utilisation of Natural Resources
Excessive exports may exhaust the natural resources of a country in a shorter
span of time than it would have been otherwise. Foreign trade may
completely exhaust a country’s natural resources like coal and oil which are
irreplaceable. This will cause economic downfall of the country in the long run.

12. The DISADVANTAGE of international trade
Import of Harmful Goods
When communication and distribution channels become more sophisticated,
some countries export harmful or illegal products to other countries leading
to damage to environment of importing country and hence international
trade poses environmental hazard for nations doing international trade.
Storage of Goods
Sometimes the essential commodities required in a country and in short
supply are also exported to earn foreign exchange. This results in shortage of
these goods at home and causes inflation.
Danger to International Peace
International trade gives an opportunity to foreign agents to settle down in
the country which ultimately endangers its internal peace.

13. CONCLUSION
IT will open up many opportunities for the Vietnamese
economy such as specialization, help exploit, develop and
use all resources. A force that is more thorough, more
efficient, international trade is able to maximize a
country's production capacity, thereby maximizing the
amount of goods and services it receives.

14. CONCLUSION
Select high quality construction products to become an
international brand and markets that have their own
capabilities and advantages to exploit and participate in
trade, import and export trade, on the basis of that step
by step gaining a foothold in the market.

15. M I N I G A M E
QUESTION 1
QUESTION 2 QUESTION 3
QUESTION 4

16. QUESTION 1
In the presentation, how many
ADVANTAGES are there?
A 3 B 4
C 6 D 9

17. Which is NOT an advantage of
international trade?
A Increased revenues B Better risk management
D Storage of GoodsC Enhanced reputation
QUESTION 2

18. In the presentation, the last
DISADVANTAGE is:
D Economic Dependence
of Underdeveloped
Countries
B
Boosting your business
financial performance
A
Danger to
International Peace
C
The risk of proprietary
information theft
QUESTION 3

19. Which of the following is
international trade:
B (b) and (c) of above
B Trade between regions
C Trade between countries
A Trade between provinces
QUESTION 4

20. THANK YOU!!!