Chapter 1 International Trade 1.1 Concept of international Trade 1.2 Reasons for International Trade 1.3 Benefits of international Trade 1.4 international Trade Restrictions 1.5 Invisible Trade Chapter 2 International Trade Theory 2.1 Mercantilism 2.2 Absolute Advantage 2.3 Comparative Advantage 2.4 Heckscher-Ohlin Theory 2.5 The Product Life-cycle Theory 2.6 The New Trade Theory 2.7 National Competitive Advantage: Porter's Diamond 2.8 Implications for Business Chapter 3 International Payment 3.1 Payment Instruments of International Trade 3.2 Five Basic methods of Payment Chapter 4 The Letter of Credit(Ⅰ) 4.1 The Major Contents of the L/C 4.2 Parties to the Transaction 4.3 Details on Procedures 4.4 Conformity with the Documentary Credit 4.5 How to Handle Documentary Discrepqncies 4.6 Regarding the Role of Banks 4.7 Limitations with Documentary Credits Chapter 5 The Letter of Credit(Ⅱ) Chapter 6 Terms of Delivery Chapter 7 Business Contract Chapter 8 Import and Export Documentation Chapter 9 Description of Commodities and Their Packing Chapter 10 International Cargo Transportation Chapter 11 Insurance(Ⅰ) Chapter 12 Insurance(Ⅱ) Chapter 13 Inspection,Claim,Force Majeure and Arbitration Chapter 14 Import and Export Procedures References