GOOD

MORNING!!!
Mga Katanungan:
• Base sa larawang inyong nakita, ano kaya ang
pinahihiwatig ng pagalaw ng Eroplano, Truck
at Barko sa Mapa?
• Kayo ba nakakakita/nakakabili kayo Imported
Products? At ano-ano produkto ang mga ito.
• Sa tingin nyo bakit may mga Imported
products sa atin?
₡ ₤
₱ ¥
 What is
International
Trade?
Refers to exchange of goods
and service between
countries. In simple words, it
means the export and
import of goods and
services.
 International Concept
T-Shirt

Bangladesh China USA

Cotton Fabric Plain T-shirt Printed T-shirt
Import Products of the Philippines
• Refined Petroleum – $9.2 billion
• Crude Petroleum – $4.8 billion
• Coal Briquettes – $1.9 billion
• Wheat – $1.6 billion
• Semi-Finished Iron – $1.2 billion
• Circuits – $20 billion
• Cars – $3.8 billion Planes,
• Helicopters, and/or Spacecraft – $2.5 billion
• Broadcasting Equipment – $2.5 billion Office
• Machine Parts – $2 billion
Export Product of the Phillipines
• The Philippines is a leading exporter of
electronic products including processors, chips
and hard drives as well as of agricultural
products, including coconut, pineapple and
abaca. Major export partners are Japan, the
United States and China.
Four Ts in
International Trade
Transaction cost
• The cost related to economic
exchange behind trade. It can include
the gathering of information,
negotiating, and enforcing contracts,
letters of credit and transaction,
including monetary exchange rates, if
a transaction takes place in another
currency.
Tariff and non-tariff cost
• Levies imposed by governments
on realized trade flow. They can
involve a direct monetary cost
according to the product being
traded or standards to be abided
to for a product to be allowed
entry into a foreign market.
Transport cost
• The full costs of shipping goods
from the point of production to
the point of consumption.
Time costs.
• The delays related to the lag
between an order and the
moment it is received by the
purchaser. Long- distance
international trade is often
associated with time delays that
can be compounded by custom
inspection delays.
Types of Foreign Trade
• Import- referred to goods and services
purchased into one nation from another.
• Export - the goods and services manufactured in
one country and acquired by citizens of another
country. 
• Re-export - Re-exports are exports of foreign
goods in the same state as previously imported;
they are to be included in the country exports.
Prepared by: Jimwell
Flores
Clarence Sebastian