What Is a Unit of Trade?

Trade refers to a general term for buying, selling or trading behavior, and generally refers to all exchange activities or behaviors that use currency as the medium. Its scope of activities includes not only commodity exchange activities undertaken by businesses, but also commodity sales activities organized by commodity producers or others; it includes not only domestic trade, but also international trade between countries.

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Commodities and

(1) International trade is a foreign-related business activity

(2) International trade is a transnational transaction and the situation is complicated

(3) International trade is susceptible to changes in the international situation and is unstable

(IV) The risks faced by international trade are much greater than domestic trade

(5) The international trade line is long and wide, with many intermediate links

(6) There is more than one commercial war in the international market, and the competition is extremely fierce.

One, enter

Income and

Tangible trade is "

Trade protectionism

(I) The deficit in trade in services continues to widen

In 2003, China's service trade deficit expanded further, with a service trade deficit of US $ 8.6 billion, an increase of 26% year-on-year. The main items of the deficit were transportation, insurance, royalties, and royalties and consulting. The deficits were $ 10.3 billion, $ 4.3 billion, $ 3.4 billion, and $ 1.6 billion, respectively.

(II) Strong growth rebound in export of service trade in the second half of the year

In the first half of 2003, exports of service trade rose slightly, and the growth rate dropped significantly, hitting a new low since 1998. With the complete control of the SARS epidemic in the fourth quarter and the rapid growth of trade in goods, China's exports of service trade rebounded strongly in the second half of the year, and export growth accelerated significantly to 46.7 billion U.S. dollars. In the second half of the year, tourism, other business services and transportation projects grew rapidly, increasing by US $ 10.1 billion, US $ 9.6 billion, and US $ 4.4 billion, respectively, compared with the first half, which was the main reason why the growth rate of service trade exports in 2003 was basically the same as that in 2002. Among them, other business services, transportation and technical consulting are the main sources of export expansion; tourism, other business services and transportation items are still the main sources of China's service trade income; financial services, computer and information services, other business services, insurance services Revenue increased the most, with year-on-year growth of 198%, 73%, 72%, and 50%, respectively, reflecting the process of opening up these service areas to the outside world.

(3) Imports of service trade continue to rise

In 2003, China's service trade imports continued to expand, reaching US $ 55.3 billion; transportation and tourism were still the main imports of China's service trade, accounting for 33% and 27% of total service trade imports, respectively. The increase in transportation expenditure is the most important reason for the further expansion of China's service trade expenditure.

Outlook for China's service trade situation in 2004

The momentum of world economic growth in 2004 will tend to be strong, and global trade development will further accelerate. Without major changes in the international economic environment, accompanied by the rapid development of global trade and the strong growth of China's goods trade and utilization of foreign capital, as well as the adjustment and upgrading of China's tertiary industry and the further opening of the service sector, coupled with the growing international exchanges in China Frequent and increasing demand for international services, it is expected that China's import and export of service trade will achieve double-digit growth in 2004. However, due to the impact of export tax rebate adjustments and CEPA policies, it is expected that the growth rate of China's imports of goods in 2004 will be higher than that of exports, which will directly cause rapid growth in expenditures on major service industries such as transportation and insurance, and the deficit in service trade will continue to expand.

In addition, as most of China's service industries are not highly competitive, it is difficult for the deficit industries such as transportation, finance, insurance, proprietary technology, and technical consulting to reverse the situation in the short term, and it is also difficult for major surplus projects to achieve rapid expansion. Therefore, for a considerable period of time in the future, China's service trade will still maintain a certain deficit.

Xinhua News Agency, Buenos Aires, August 23-The National Bureau of Statistics of Argentina announced on the 23rd that the bilateral trade volume between Argentina and China in the first seven months of this year was US $ 8.576 billion, an increase of 12 compared with the same period last year. .4%. The report points out that from January to July this year, Argentina imported 5.354 billion US dollars from China, an increase of about 41% year-on-year. Among them, Argentina imported capital goods and accessories, intermediate goods, and consumer goods from China, which increased by 50.2%, 25.5%, and 35.8% year-on-year.

Statistics show that in the first seven months of this year, Argentina exported 3.218 billion US dollars to China, a year-on-year decrease of 16%. Among them, the export of primary products to China dropped by 18%, which is the main reason for the decline in Argentina's exports to China. However, Argentina s exports to China in July reached 666 million US dollars, a year-on-year increase of 7%, showing a trend of declining and rising.

According to the figures published in the report, Argentina s exports and imports in the first seven months of this year were 47.339 billion US dollars and 40.881 billion US dollars, respectively, an increase of 24.2% and 36.6% year-on-year; USD 5.8 billion, down 21% year-on-year. ^[2]