# data[].attributes.body
(A16A1004)
1.Discuss two different between international trade and domestic trade
i)currency
international trades use two different of currencybetween of 2 country while domestic trade use a currency in their country
ii)language and cultural barriers
*international trade
-their have culture same and speak same
*domestic trade
-communication challengesdue to language and culture their countries

2.Five most commonly used documents in shipping:
i)packing list
ii)certificate of origin
iii)air waybills
iv)indent
v)documentary credit

# data[].attributes.body
1)Two differences between imternational trade and domestic trade :
(i)Currency:
-For international trade, all of the different country will use different currencies. For example, Malaysia (Ringgit) and Korea (Won). But, in the end, all the countries will use agreed currency when involve in import and export like US Dollars have been using for years as chosen country in international trade.
For domestic trade, they used the same currency in their country.

(ii)Legal system
-For international trade,there is no two countries have the same legal system. Every country and government has its own policies relating to foreign and products. Every government should understand that once they are in a foreign market they must abide by the rules and laws of that country, not the ones in their own market.
For domestic trade, they use same legal systems in one country.

2. Five most commonly used documents in shipping :
(i)Air Waybill (AWB)
(ii)Ocean bill of lading (BL/OBL)
(iii)Certificate of Origin (CO)
(iv)Commercial invoice
(v)Packing list

# data[].attributes.body
1. Discuss any two (2) differences between international trade and domestic trade
(i) Currency
For international trade, international trade always involves the usage of multiple currencies. Two different countries use different currencies but in the end either one of the countries will use agreed currency normally US dollars when involve in buying and selling.
For domestic trade, uses a same currency in their country.
(ii) Legal system
International trade uses different legal in different countries for exmaple Malaysia's employment opportunities is equal but Saudi Arabia not encouraged females intreract with males.
Domestic trade use same legal system in one country.

2. Five most commonly used documents in shipping:
(i) Air waybill (AWB)
(ii) Ocean bill of lading (BL)
(iii) Certificate of origin (CO)
(iv) Packing list
(v) House bill of lading (HBL

# data[].attributes.body
a) Discuss any two differences betweeen international trade and domestic.

- Currency
For international trade, the different countries will use different currencies. Such as Malaysia(Ringgit) and Japan (Yen)
For domestic trade, they will use the same type of currency. Their currency will be same. For example, in Malaysia, the Malaysian use Ringgit to buy and sell the food.

-Culture
For international trade, the seller/company need to understand the culture of place that they will proceed their bisness. In order to attract their future buyers, they need to do some research and oberservation first as different country have different culture.
For domestic trade, the seller/company only need to understand the culture in that country. As we already knowing that Muslim in Malaysia only eat Halal Food. So the company will make sure the food is halal to attract their muslim buyers.

b) State any five most commonly used documents in shipping
-Air Waybill
-Consular Invoic
-Packing List
-Certificate of Origin
-Ocean Bill of Landing

# data[].attributes.body
TWO DIFFERENCES BETWEEN INTERNATIONAL TRADES AND DOMESTIC TRADES
1)CURRENCY - international trades use two different of currency between of 2 country while domestic trade use a same currency in their country.
2)LEGAL SYSTEM : in domestic trade use a same legal while international trade use a different legal in different country

FIVE MOST COMMONLY USED DOCUMENTS IN SHIPPING
1)AIRWAY BILL (AWB)
2)OCEAN BILL OF LADING (BL/OBL)
3)CERTIFICATE OF ORIGIN (CO)
4)COMMERCIAL INVOICE
5)PACKING LIST

# data[].attributes.body
1. Two difference between international trade and domestic trade :
(i) Political and legal system
- There is no two countries have political and legal sysytem. Every goverment will have different policy that need to apply on foreign product and technology. An international trading in foreign market should follow the rules, law and plicy of that coutry to ensure and reduce the risk of these policy and laws effects on their firm.

(ii) Currency
- In domestic trade, they used the same type of currency while international trade involve two different country and use a different on currencies.

2. Five most commonly used documents in shipping :

(i)   Documentary credit
(ii)  Bill of Lading (B/L)
(iii) Packing list
(iv) Insurance policy
(v) Certificate of Origin

# data[].attributes.body
1. Two differences between international trade and domestic trade:
a.Target market
-international trade: Broader markets
-domestic trade :Market depending on the number of residents in a country

b. Language and cultural barriers
-international trade:very difficult because they using different language and cultural barriers
-domestic trade:no barriers because they speak same language

2)5 most commonly used documents in shipping:

a.Packing list
b.Dock receipt
c.commercial invoice
d.air waybill
e.ocean bill of landing

# data[].attributes.body
(A16A0802)
1. Discuss any two differences between international trade and domestic trade.
i. culure
- international trade: communication challenges due to language and cultural barriers
- domestic trade: speak same language and practice same culture
ii. currency
- international trade: different countries used different currencies
- domestic trade: same type of currency used
2. State any 5 most commonly used documents in shipping
i. air waybill (AWB)
ii. ocean bill of lading (BL/OBL)
iii. certificate of origin
iv. commercial invoice
v. consular invoice

# data[].attributes.headline
Nurul Afiqah Aqwa Bt Haslan. (A13A0920). 1.movement of goods      Domestic trade: easier to move goods without much restrictions. Maybe need to pay sales tax. International Trade: Restricted due to complicated custom procedures and trade barriers like tariff, quotas or embargo.     2.Usage of different  currencies.  Domestic trade: same type of currency use . International trade: different countries used different currencies

# data[].attributes.subject
Nurul Afiqah Aqwa Bt Haslan. (A13A0920). 1.movement of goods      Domestic trade: easier to move goods without much restrictions. Maybe need to pay sales tax. International Trade: Restricted due to complicated custom procedures and trade barriers like tariff, quotas or embargo.     2.Usage of different  currencies.  Domestic trade: same type of currency use . International trade: different countries used different currencies

# data[].attributes.body
5 most commonly used documents in shipping
-air waybill
-parking list
-ocean bill of lading
-commercial invoice
-certificate of origin

# data[].attributes.body
1. Two difference between international trade and domestic trade are:

i) CULTURE

- Domestic trade they are commonly know the culture of the people. But in International trade, they must know the culture and believes, so they can penetrated the market . For example, the culture food in Japan they do loved eat half cooked food and fast foods.

ii) Regulation

- In Domestic trade not very strict on the regulation because product is produce by their local. However in International trade they are many regulation and aspect that must known before take in to their country. For example, Australia they have strict regulation on export and import foods, so that they can prevent the virus spread to their country.

2. Five most commonly used documents in shipping:

i) Air Waybill

ii) Consular Invoice

iii) Packing List

iv) Ocean Bill of Landing

v) Certificate of origin

# data[].attributes.body
1. Two differences between international trade and domestic trade

(i) Currency
-in domestic trade, they use same type of currency while in international trade, different countries used different currencies

(ii) Language and cultural barriers
- in domestic trade, the language and culture are same while in international trade, communication challenges due to language and cultural barriers

2) 5 most commonly used documents in shipping
(i)Airway bill
(ii)Dock receipt
(iii)Ocean bill of lading
(iv)Documentary credit
(v)Packing list

# data[].attributes.body
1. Two differences between international trade and domestic trade:

a.       Currency

-     Currency is a system of money in general use in particular country.

-     International trade is a selling and buying activity that involve two different country which using different currency, such as Japan use “yen” and U.S use “dollar”.

-     Domestic trade is a selling and buying activity in Malaysia which using “Ringgit Malaysia”.

b.      Culture

-     Culture is a custom, act, social institution of a particular nation or people.

-     For international trade, the company need to understand the culture of their customer, such as Japanese is punctual.

-     For domestic trade, the company need to understand the culture of Malaysian, for example, Malay cannot eat non-halal food.

2.Five most commonly used documents in shipping :

a. Airwaybill (AWB)
b. Ocean Bill of Lading (BL/OBL)
c. Certificate of Origin (CO)
d. Commercial invoice
e. Packing List

# data[].attributes.body
1. Two differences between international trade and domestic trade.

i) Currency

In international trade, each country has a different currency. India for instance, has the rupee, Japan the yen, Italy the lira, Thailand the bath and so on.

In domestic trade, they used same type of currency. Example :Malaysia, the Ringgit Malaysia. So, they used Ringgit Malaysia in a domestic trade.

ii ) Law and regulationsy

In international trade is more challenging and requires more commitment from the company because of the uncertainty and differences in law and regulation in the global market.

In domestic trade the deals only with the law and regulation of on country.

2) Five documents use in shipping.
(i) Commercial Invoice
(ii) Ocean Bill of Landing (B/L)
(iii) Air waybills (AWB)
(iv) Consular Invoice
(v) Certificate of Origin

# data[].attributes.body
(A13A0547)
a.Two differences between international trade and domestic trade are:

1) Currency
-involved the usage of multiple currencies in international trade. It also play the primary roles in determine profit. Since currency appreciate and depreciate.

2) Culture
-force player or seller from foreign country to adapt with another country in order to meet consumer needs.

b.Five most commonly used document in shipping:

1-Airway bill (AWB
2-Certificate of origin
3-Ocean bill of landing
4-Packing list
5-Commercial Invoice

# data[].attributes.headline
NORSAFINATUL NAJA BINTI ZAHARIMI (A16A1210)

# data[].attributes.subject
NORSAFINATUL NAJA BINTI ZAHARIMI (A16A1210)

# data[].attributes.body
1. Two differences between international trade and domestic trade.
a) Currency
- In international trade, different countries used different currencies.
-In domestic trade, use same type of currency.

b) Language and cultural barries.
-International trade, communication challenges due to language and cultural barries.
-Domestic trade, speak same language and practice same cultural.

2. Five documents in shipping.
a) Ocean bill of lading.
b) Certificate of origin.
c) Airway bill
d) Dock receipt.
e) Documentary credit.

# data[].attributes.body
PERBEZAAN ANTARA PERDAGANGAN ANTARABANGSA DAN DOMESTIK.

1)PERDANGANGAN ANTARABANGSA
- ia merangkumi aktiviti import dan eksport.
-melibatkan penggunaan mata wang asing

2)PERDANGANGAN DOMESTIK
-ia merangkumi aktiviti borong dan runcit.
-melibatkan penggunaan satu jenis mata wang sahaja.

LIMA DOKUMEN YANG PALING BIASA DIGUNAKAN DALAM PENGHANTARAN.

1) Airway Bill (AWB)
2) Insurance Policy
3) Packing List
4) Dock Receipt
5) Ocean Bill

# data[].attributes.body
1. Two differences between international trade and domestic trade

(i) Currency
-in domestic trade, they use same type of currency while in international trade, different countries used different currencies

(ii) Language and cultural barriers
- in domestic trade, the language and culture are same while in international trade, communication challenges due to language and cultural barriers

2) 5 most commonly used documents in shipping
(i)Airway bill
(ii)Dock receipt
(iii)Ocean bill of lading
(iv)Documentary credit
(v)Packing list

# data[].attributes.body
A13B0481

Two difference between international trade and domestic trade

[1] Currency usage

IT
Different country use different currency. example Malaysia use RM and Japan use Yen

Domestic
use same type of currency. example domestic in Malaysia use RM currency

[2] Language and culture

IT
Communication challenge due to language and culture barriers

Domestic
speak same language and practice same culture because the trading happen just in that country.

5 most commonly used documents in shipping:

(1) Document credit
(2) Ocean Bill of Lading (BL/OBL)
(3) Packing List
(4) Insurance Policy
(5) Airway Bill

# data[].attributes.body
A16A1020

1.Two difference between international trade and domestic trade.
In currency
- In domestic trade, the usage of the currency is the same. Domestic trade is very convenient for seller to interact with the local customers while international trade use different type of currency for example Malaysia(RM) to Japan(yen)

Language and cultural.
- Domestic trade use the same language and same cultural while international trade use different language/culture and this make difficult for seller to interact with customer.
2.Five most commonly used document in shipping
- Airway Bill (AWB)
- Ocean Bill Of Loading (BL/OBL)
- Certificate of Origin (CO)
- Commercial invoice
- Packing list.

# data[].attributes.body
A16A0125

1. Two difference between international trade and domestic trade :
(i) Political and legal system
- There is no two countries have political and legal sysytem. Every goverment will have different policy that need to apply on foreign product and technology. An international trading in foreign market should follow the rules, law and plicy of that coutry to ensure and reduce the risk of these policy and laws effects on their firm.

(ii) Currency
- In domestic trade, they used the same type of currency while international trade involve two different country and use a different on currencies.

2. Five most commonly used documents in shipping :

(i)   Documentary credit
(ii)  Bill of Lading (B/L)
(iii) Packing list
(iv) Insurance policy
(v) Certificate of Origin

# data[].attributes.body
A16A1056

Two differences between interntional trade and domestic trade:
1. Usage of different currencies.
Domestic trade: Same type of currency used.
International trade: Different countries used different currencies.
For example, Malaysia has Ringgit Malaysia(RM) and U.S.A in dollar.

2. Language and Culture Barriers.
Domestic trade: Speak same language and practice same culture.
International trade: Communication challenge due to language and culture barriers.

Five most commonly used documents in shipping:
1. Airway Bill
2. Certificate of Origin
3. Commercial Invoice
4. Packing List
5. Dock Receipt

# data[].attributes.headline
SITI AISYAH BINTI MUSTAPHA                           A16A0977                                     

# data[].attributes.subject
SITI AISYAH BINTI MUSTAPHA                           A16A0977                                     

# data[].attributes.body
Two differences between international trade and domestic trade:

1. Currency
-Each country has different currency.

- In Malaysia, the currency used is RM and sen. Ringgit Malaysia are used in the domestic trade.

-While different countries used different currencies such as Won used by Korea.

2. Movement of goods
- Domestic trade is free off ristriction. Domestic trade can move around the country freely without facing any form of restrictions such quotas and embargoes.

- While trade between differents country is not free. There are ristrictions imposed by custom duties, fixed quotas or tarrif.

Five documents commanly used in shipping:

a. Airway Bill
b. Certificate of Origin
c.Packing List
d.Ocean Bill
e.Commercial Invoice

# data[].attributes.body
A13A0680

1) Two differences between international trade and domestic trade:

a) currency
each country has different currency. for example Malaysia has Ringgit Malaysia (RM) while U.S.A is dollar, Spain is Peso, Japan is Yen. Hence, buying and selling between nations give rise to complications absent in internal trade

b) Law and Regulation
Trade between different countries is not free. very often there are restrictions imposed by custom, duties, exchange restrictions, fixed quotas or other tariff barriers. for example, Malaysia has imposed heavy duties on import of motor cars, wines and liquors and other luxury goods.

2) Five most commonly used document in shipping

a) Airway Bill (AWB)
b) Ocean Bill of Lading ( BL/ OBL)
C) CERTIFICATE OF ORIGIN
d) commercial invoice
e) packing list

# data[].attributes.body
A13A0664
Two differences between international trade and domestic trade:
1. Currency
In international trade,they always use multiple currencies for trading but in domestic they only use their own country's currency only.
2. Culture
In international trade, they have to make research about other country's culture in order to built strong relationship with them while in domestic trade,they already understand to each other culture.

2. Five most commonly used document in shipping
- Airway Bill (AWB)
- Ocean Bill of loading (BL/OBL)
- Certificate of Origin (CO)
-Dock Receipt (DR)
- Documentary Credit

# data[].attributes.body
A13A0191
TWO DIFFERENCES BETWEEN INTERNATIONAL TRADES AND DOMESTIC TRADE
1. Currency -
Domestic trades : same types of currency used.
International trades :
Different country used different currencies.

2. Language and cultural barriers -
Domestic trades :
Speak same language and practice same culture.
International trades :
Communication challenges due to language and cultural barriers.

FIVE MOST COMMONLY USED DOCUMENTS IN SHIPPING
1. AIRWAY BILL (AWB)
2. OCEAN BILL OF LADING (BL/OBL)
3. CERTIFICATE OF ORIGIN (CO)
4. COMMERCIAL INVOICE
5. PACKING LIST

# data[].attributes.body
TWO DIFFERENCES BETWEEN INTERNATIONAL TRADES AND DOMESTIC TRADES
1)CURRENCY - international trades use two different of currency between of 2 country while domestic trade use a same currency in their country.
2)LEGAL SYSTEM : in domestic trade use a same legal while international trade use a different legal in different country

FIVE MOST COMMONLY USED DOCUMENTS IN SHIPPING
1)AIRWAY BILL (AWB)
2)OCEAN BILL OF LADING (BL/OBL)
3)CERTIFICATE OF ORIGIN (CO)
4)COMMERCIAL INVOICE
5)PACKING LIST

# data[].attributes.body
Movement Of Goods
Domestic trade: easier to move goods without much restrictions. Maybe need to pay sales tax
International Trade: Restricted due to complicated custom procedures and trade barriers like tariff, quotas or embargo
Usage of different currencies
Domestic trade: same type of currency used
International trade: different countries used different currencies

# data[].attributes.body
1. Two differences between internatinal trade and domestic trade:
a) Usage of different currencies

Domestic trade : same type of currency used

International trade : different countries used different currencie

b) Language And Cultural Barriers

Domestic trade : speak same language and practice same culture

International trade : Communication challenges due to language and cultural barriers

2. Five documents in shipping:
a) Oceon bill of lading
b) Certificate of origin
c) Comercial invoice
d) Dock receipt
e) Documentary credit

# data[].attributes.body
1. Two differences between international trade and domestic trade
(a) Currency
-each country has their own currency to complete an bussiness activity. In international trade a selling and buying activity usually use an US dollar but on a domestic trade just use a local currency such as Ringgit Malaysia.
(b) Availability of resources
-in each country has its own product sources. However not all countries have the resources required by the market. Thus, international trade can help to obtain the nescessary resources within a country compared with domestic trade only use resources that are in the country only.

2. Five documents in shipping
(a) Ocean bill of lading
(b)Certificate  of origin
(c) Comercial invoice
(d) Dock receipt
(e) Documentary credit

# data[].attributes.body
1. Two differences international trade and domestic trade

a) Currency
International trade uses a currency that is widely used throughout the nation such as the US dollar while domestic trade uses the local currency of that specific country such as the Malaysian Ringgit in Malaysia.

b) Laws & Regulations
International trade is more restricted and challenging as the company needs to follow the uncertainty of the laws and regulations from the global market that is different from their own country while domestic trade only restricted to the laws and regulations of their own country.

2. Five commonly used documents in shipping
a) Airway bills
b) Indent
c)

# data[].attributes.body
A15A1011
1) Two differences international trade and domestic trade.
(i) usage of different currencies

Domestic trade: same type of currency used

International trade: different countries used different currencies

(ii) language and culture barries

Domestic trade: speak same language and practice same culture

International trade: Communication challenges due to language and cultural barriers

2) Five documents use in shipping.
(i) Air waybills (AWB)
(ii) Ocean Bill of Landing (B/L)
(iii) Commercial Invoice
(iv) Consular Invoice
(v) Certificate of Origin

# data[].attributes.headline
KALAI AHSA A/P PERUMAL NAIDU (A16A0244) 1. TWO DIFFERENCE BETWEEN INTERNATIONAL TRADE AND DOMESTIC TRADE 

# data[].attributes.subject
KALAI AHSA A/P PERUMAL NAIDU (A16A0244) 1. TWO DIFFERENCE BETWEEN INTERNATIONAL TRADE AND DOMESTIC TRADE 

# data[].attributes.body
i.) Law and Resulations

International Trade
-international trade is more challenging and requires more commitment from the company because of the uncertainty and different in law and resolution in the global market.

Domestic Trade
- domestic trade deals only with the law and regulation of on country
ii) Nationality of buyers and sellers:

International Trade
- The buyers and sellers belong to different countries. Owing to differences in their languages, attitudes, social customs, objectives and practices, it becomes comparatively more difficult for them to work together and finalize business deals.

Domestic Trade
- Wit respect to domestic trade, both the buyers and sellers belong to the same country. this leads us to a better understanding among each other and enter into business deals.

2.)5 most commonly used documents in shipping
i- indent
ii-mate's receipt
iii-bill of landing
iv-letter of credit
v-certificate of origin

# data[].attributes.headline
Tiviya a/p Poobalan

(A16A1100)    
1. Two difference between international trade and domestic trade..                
i) Currency         
- international trade involve of multiple currencies while domestic trade involve local currency only..For example, US Dollar for United State of America will used in international trade while Ringgit Malaysia(RM) will used in domestic trade.
2. Culture            -There are almost same culture in a country and citizens also be aware and tolerate for the differences. There are less impact for domestic trade. For international trade, trades need to investigate the culture in the other countries before trading to build a strong relationship among each other.
             2.Five most commonly used documents in shipping
              i) Ocean bill of lading (BL/OBL)
ii) Certificate of Origin (CO)      iii) Commercial Invoice            iv) Packing List
v) Documentary Credit

# data[].attributes.subject
Tiviya a/p Poobalan

(A16A1100)    
1. Two difference between international trade and domestic trade..                
i) Currency         
- international trade involve of multiple currencies while domestic trade involve local currency only..For example, US Dollar for United State of America will used in international trade while Ringgit Malaysia(RM) will used in domestic trade.
2. Culture            -There are almost same culture in a country and citizens also be aware and tolerate for the differences. There are less impact for domestic trade. For international trade, trades need to investigate the culture in the other countries before trading to build a strong relationship among each other.
             2.Five most commonly used documents in shipping
              i) Ocean bill of lading (BL/OBL)
ii) Certificate of Origin (CO)      iii) Commercial Invoice            iv) Packing List
v) Documentary Credit

# data[].attributes.headline
Nirreidevi a/p Mathiniraichelvan (A16A0484)1. Two difference between international trade and domestic trade¡) Law and ResulationsInternational Trade-international trade is more challenging and requires more commitment from the company because of the uncertainty and different in law and resolution in the global market. Domestic Trade- domestic trade deals only with the law and regulation of on country ¡¡) Nationality of other Stakeholders International Trade -It also differ with respect to the nationalities of the other Stakeholders. Decisio making in international trade becomes even more complicated as the concerned business organization have to take into account broader set of value and aspirations of the stakeholders belonging to different countries Domestic Trade -domestic trade belong to one country hence depict more consistency in their value system and behaviour 2)-bill of landing 

# data[].attributes.subject
Nirreidevi a/p Mathiniraichelvan (A16A0484)1. Two difference between international trade and domestic trade¡) Law and ResulationsInternational Trade-international trade is more challenging and requires more commitment from the company because of the uncertainty and different in law and resolution in the global market. Domestic Trade- domestic trade deals only with the law and regulation of on country ¡¡) Nationality of other Stakeholders International Trade -It also differ with respect to the nationalities of the other Stakeholders. Decisio making in international trade becomes even more complicated as the concerned business organization have to take into account broader set of value and aspirations of the stakeholders belonging to different countries Domestic Trade -domestic trade belong to one country hence depict more consistency in their value system and behaviour 2)-bill of landing 

# data[].attributes.body
-Air waybill
-packing list
-insurance certificate
-commercial invoice

# data[].attributes.body
(A16A1100)
1. Two difference between international trade and domestic trade..
i) Currency
- international trade involve of multiple currencies while domestic trade involve local currency only..For example, US Dollar for United State of America will used in international trade while Ringgit Malaysia(RM) will used in domestic trade.
2. Culture
-There are almost same culture in a country and citizens also be aware and tolerate for the differences. There are less impact for domestic trade. For international trade, trades need to investigate the culture in the other countries before trading to build a strong relationship among each other.

# data[].attributes.body
( A16A0484)
1. Two difference between international trade and domestic trade
¡) Law and Resulations

International Trade
-international trade is more challenging and requires more commitment from the company because of the uncertainty and different in law and resolution in the global market.

Domestic Trade
- domestic trade deals only with the law and regulation of on country

¡¡) Nationality of other Stakeholders

International Trade
-It also differ with respect to the nationalities of the other Stakeholders. Decisio making in international trade becomes even more complicated as the concerned business organization have to take into account broader set of value and aspirations of the stakeholders belonging to different countries

Domestic Trade
-domestic trade belong to one country hence depict more consistency in their value system and behaviour

2)-bill of landing

# data[].attributes.body
1. Two differences between international trade and domestic trade:
i) Immobility of factors of production

This reason was given by the classical economists on the assumption that labor was the only factor of production. Laborers are free to move the country (domestic trade) but immobile (less mobile) between countries (international trade). This is due to financial constraints language barriers,cultural differences and such like reasons.
ii) size of market and total transactions

In international trade, the size of the market is relatively larger than the size in domestic trade.Total transaction involved in international trade are greater in volume than those in domestic trade.For example, a coconut producer in Malaysia exports his product to Thailand. The sales volume would be higher compared to his sales within Malaysia.

2) State 5 commonly used documents in shipping.

a) Ocean Bill of Lading
b) Commercial Invoice
c) Air Freight Shipments
d) Export License
e) Consular Invoice

# data[].attributes.body
TUTORIAL 1

# data[].attributes.headline
noor faezah binti mohd fathil A13B0628                   1- discuss any two differences international trade and domestic trade.

# data[].attributes.subject
noor faezah binti mohd fathil A13B0628                   1- discuss any two differences international trade and domestic trade.

# data[].attributes.body
i- broader markets
domestic trade : limited market due to limit in population
international trade: broader markets
ii- usage of different currencies
domestic trade : same type of currency used
international trade : different countries used different currencies

2- 5 most commonly used documents in shipping
i- indent
ii-mate's receipt
iii-bill of landing
iv-letter of credit
v-certificate of origin

# data[].attributes.body
(A16A0082)

1. Two differences between international trade and domestic trade:

i) Currency
International trade involve usage of multiple      currencies while domestic trade involve the use of mainly local currency only. For example, Ringgit Malaysia (RM) is our local currency that will be used in domestic trade while other currencies such as Yen for Japan,  US Dollar for United States of America and Pound Sterling for England will be used in international trade.

ii) Culture
There are almost the same culture in a country and citizens also be aware and tolerate for the differences. Hence, there are less impact while trading in domestic trade. For international trade, traders need to investigate the culture in the other countries before trading in order to build a good relationship among each others. Hence, it will take much time compare to domestic trade.

2. Five most commonly used documents in shipping

i) Ocean bill of lading (BL/OBL)
ii) Certificate of Origin (CO)
iii) Commercial Invoice
iv) Packing List
v) Documentary Credit

# data[].attributes.body
1) two differences between international trade and domestic trade
i) Movement Of Goods
Domestic trade: easier to move goods without much restrictions. Maybe need to pay sales tax.

International Trade: Restricted due to complicated custom procedures and trade barriers like tariff, quotas or embargo

ii) Mobility in Factor Of Production
Domestic Trade: Free to move around factors of production like land, labor, capital and labor capital and entrepreneurship from one state to another within the same country

International Trade: Quite restricted

2) five most commonly used documents in shipping
i) packing list
ii) sea waybill
iii) insurance policy
iv) certificate of origin
v) documentary

# data[].attributes.body
1)  Two difference between international trade and domestic trade :

i ) Law and regulations

International Trade
- International trade is more challenging and requires more commitment from the company because of the uncertainty and differences in law and regulation in the global market.

Domestic Trade
- Domestic trade the deals only with the law and regulation of on country.

ii)Nationality of other stakeholders

International Trade
- International trade also differ with respect to the nationalities of the other stakeholders such as employees, suppliers, shareholders/partners and general public who interrelate with business firms. Decision making in international trade becomes even more complicated as the concerned business organization has to take into account a broader set of values and aspirations of the stakeholders belonging to different countries.

Domestic Trade
-Domestic trade  all these factors belong to one country, and hence depict more consistency in their value systems and behaviour.

2) State any 5 most commonly used documents in shipping :

-  Air waybill

-  Bill of lading
-  Commercial invoice
-  Packing list
-  Insurance certificate
- Dock receipt & Warehouse Receipt

# data[].attributes.headline
WAN NOR FATIHAH BINTI WAN ISMAIL                                  (A16B1140) 

# data[].attributes.subject
WAN NOR FATIHAH BINTI WAN ISMAIL                                  (A16B1140) 

# data[].attributes.body
1)  Discuss any 2 differences    between International Trade and Domestic Trade.

i) Mobility in factor of production:

International Trade
- Many restrictions to their movement across different countries. Apart from legal restrictions,  difference in socio-cultural environments, geographic influences and economic  conditional also effect a factor of production like labor which finds it difficult to adapt to the climatic and economic conditions from one country to another country.

Domestic Trade
- Tariffs and quotas are not present and very few local restriction are imposed on domestic trade. Free to move around factors of production like labor, capital, land and entrepreneurship within a country.

ii) Nationality of buyers and sellers:

International Trade
- The buyers and sellers belong to different countries. Owing to differences in their languages, attitudes, social customs, objectives and practices, it becomes comparatively more difficult for them to work together and finalize business deals.

Domestic Trade
- Wit respect to domestic trade, both the buyers and sellers belong to the same country. this leads us to a better understanding among each other and enter into business deals.

2) State any 5 most commonly used documents in shipping:

--Bill Of Lading (BOL)

-Packing List

-Commercial Invoice

-Certificate Of Origin
-Dock Receipt & Warehouse Receipt

# data[].attributes.body
(A16A0774)
1.Two differences between international trade and domestic trade.
i)currency
-In domestic trade,payments could be made in same currency only and for international trade are to be paid invariably in convertible currencies.
ii)language and cultural barriers
-In domestic trade,language and culture are same.For international trade,communication challenge due to language and cultural barriers.

2)Five most commonly used documents in shipping.
-certificate of origin
-commercial invoice
-packing list
-air waybill
-documentary credit

# data[].attributes.body
1. Two differences between international trade and domestic trade:

i) Currency

In domestic trade, they used same type of currency. Example :Malaysia, the Ringgit Malaysia. So, they used Ringgit Malaysia in a domestic trade.

In international trade, each country has a different currency. India for instance, has the rupee, Japan the yen, Italy the lira, Thailand the bath and so on.

i) Language and Cultural Barriers
-Domestic trade use the same language  and practice same culture while international trade, face a communication challenges because use a different language and practice a different culture.

2) Five  most commonly used documents in shipping :
i) Sea Waybill
ii) Bill of Lading (B/L)
iii) Insurance policy
iv) Packing list
v) Certificate of Origin

# data[].attributes.body
1. Discuss any two (2) differences between international trade and domestic trade.

Answer: There are some differences between international trade and domestic trade.

i)Broader market
*Domestic trade always takes place within the borders of a given country, domestic trade can never involve more than one country. However, international trade always goes beyond the borders of a given country which means international trade always involves two or more countries.

ii)Restrictions on trade
*Domestic trade is free off restriction, so long as it is a legal commodity being traded. Legal and wholesome commodities dealt with in domestic trade can move around the country without facing any forms of restrictions such as embargoes and quotas.However, trade between different countries is not free. In international trade, There are restrictions imposed by custom duties, exchange restrictions, fixed quotas or other tariff barriers. This make that international trade is typically more costly than domestic trade.

2. State any five (5) most commonly used documents in shipping. (5 marks)

Answer: There are five most commonly used documents in shipping.
i)Air waybill(AWR)
ii) Packing list
iii)Ocean bill of landing
iv)Insurance policy
v)Certificate of Origin

# data[].attributes.body
A16A1022
1.Discuss any two differences between international trade and domestic trade
-currency:
international trade: different country used different currencies
domestic trade: same type of currency

-language and culture:
international trade: use different language and its challenges and cultural barriers
domestic trade: use same language and practise same culture

2. state any five most commonly used documents in shipping
-air way hill
-ocean bill of landing
-certificate of origin
-packing list
-commercial invoice
-documentary credit

# data[].attributes.body
A16B0464

1. Two differences between international trade and domestic trade:

i) Currency

In domestic trade, they used the same type of currency. Example:Malaysia, Ringgit Malaysia. So, they used Ringgit Malaysia in a domestic trade. No need to exchanged the currency.

In international trade, each country has a different currency. India for instance, has the rupee, Japan the yen, Italy the lira, Thailand the bath and so on. So, they need to exchange the money in international trade. And they also must know about currency all country in market.

ii) Factor Mobility

In domestic trade, its free to move around factors of production like labor, capital and labor capital and entrepreneurship from one area or state to another within the same country. Such as, Company A at Perak want to move their company to another state at Kedah. So, they have no problem to do that because Company A no need to find  new workers. They can transfer their old worker to  work at new company at Perak in the same country and easier to manage the legal.

In international trade, labor and capital as factor of production do not move freely from one country to another as they do with the same country because differences in cost of production can not be removed by moving and money. Example: Higher cost living, quiet restricted in legal and harder to get labor.

2. Five most commonly
used documents in shipping:
i) Packing List
ii) Letter Of Credit (L/C )
iii) Bill of Lading (B/L)
iv) Consular Invoice
v) Certificate of Origin
vi) Consignment Note

'

# data[].attributes.body
(A16A0841)
1. Two differences between international trade and domestic trade :

i) Currency
-Domestic trade to a large extend involves the use of mainly local currency
-International trade involves the use of foreign currency.

ii)Movement of goods
-Domestic trade easier to move goods without much restrictions.
-International trade, restricted due to complicated custom procedures and trade barriers like tarif,quotas or embrago.

2. Five most commonly used documents in shipping :

i) Ocean bill of landing
ii) Certificated of origin
iii) Packing list
iv) Commercial invoice
v) Documentary credit

# data[].attributes.body
Two differents between international trade and domestic trade.

1. Currency
In international trade, the businesses are involved at least two country, so the currency used in trading is different among the two of the country. Beside, with domestic trade, the currency used is same when trading

2. Language and  cultural barriers
in internationl trade, the languages used is different between the country who invloved the trading. But in domestic trade, the languages use is same between the trader.

Five most commonly used documents in shipping is:
1. Bill of lading
2. Certificate of origin
3. Letter of credit
4. Packing list
5. Seaway bill

# data[].attributes.body
1)  Two differences between international trade and domestic trade :

i) Language and Cultural Barriers
-Domestic trade use the same language  and practice same culture while international trade, face a communication challenges because use a different language and practice a different culture.

ii) Currency
- Domestic trade use the same type of currency while international trade involve two different country and use a different type of currencies

2) Five  most commonly used documents in shipping :
i) Sea Waybill
ii) Bill of Lading (B/L)
iii) Insurance policy
iv) Packing list
v) Certificate of Origin

# data[].attributes.body
(A16A0841)
1. Two differences between international trade and domestic trade :

# data[].attributes.body
1. Two differences between international trade adn domestic trade:

(i) Difference currencies
Internatinal trade involve two different country on buying and selling with used two different currencies based n their own country. Domstic trade using the same type of currencies.
(ii)Language and Cultural barriers
Domestic trade using the same language to communicate and practice the same culture, it will be more convience compare to international trade. International trade have more challenges on different language form each country and culture barriers, it will bring more risk.

2. Five most commonly used documents in shipping :
(i) Airway bill (AWB)
(ii) Certificate of Origin
(iii) Paking List
(iv) Ocean bill of Landing
(v) Commercial Invoice

# data[].attributes.body
(A16A0812)
1. Two differences between international trade and domestic trade are:
i) Movement of goods
°Domestic trade: easier to move goods without much restrictions. Maybe need to pay sales tax, etc
°International trade: Restricted due to complicated custom procedures and trade barriers like tariff,quotas or embargo.

ii) Broader markets
°Domestic trade: Limited market due to limits in population, etc
°International trade: Broader markets

2. Five most commonly used documents in shipping:
i) AWB (Airway bill)
ii) Packing list
iii) Certificate of Origin
iv) Commercial invoice
v) Health certificate

# data[].attributes.body
1.Discuss any two (2) differences between international trade and domestic trade.

a. Different Currency
: Domestic trade refer to merchandise in a certain country while international trade refer to commercial that related more than one country. Therefore, there will be different currency occur in these trade. Same type of currencies will be used in domestic trade but there will be different currencies used in different country.

b. Political and Legal System
: There is no two countries have same political and legal system. Every government will have different policy that need to apply on foreign product and technology. An international trading in foreign market should follow the rules, laws and policy of that country to ensure and reduce the risk of these policy and laws effect on their firm.

2.State any five (5) most commonly used documents in shipping.

a. Documentary Credict
b. Commercial Invoice
c. Ocean Bill of Landing (BL/OBL)
d. Air Waybill (AWB)
e. Packing List

# data[].attributes.body
(A16A1230)
1. Two differences between international trade and domestic trade are :
(i) Currency
-always involves the usage of multiple currencies. This situation forces either one of the countries or parties accept the usage of the agreed currency
(ii)Culture
-force each plenty to adjust to the country they are dealing with.

2. Five most commonly used documents in shipping:
i. AWB (Airway bill)
ii. Ocean bill of Landing
iii. Certificate of Origin
iv. Packing List
v. Commercial Invoice

# data[].attributes.body
(A16A1230)
1. Two differences between international trade and domestic trade are:

1) Different Currencies

Each country has different currency. For examples, U.S.A. has the dollar, Japan the yen, Malaysia the ringgit Malaysia, Korea the won and so forth. Hence, buying and selling between countries give rise to complications absent in internal trade.

# data[].attributes.body
(A16A0742)

(1) Two differences between international trade and domestic trade :

(i) Usage of different currencies
International trade : different countries used different currencies .
Domestic trade :
same types of currency used .

(ii) Language and cultural barriers
International trade :
communication challenges due to language and cultural barriers .
Domestic trade :
Speak same language and practice some culture .

(2) Five most commonly used documents in shipping :

(i) Air Waybill
(ii) Ocean Bill of Landing
(iii) Certificate of origin
(iv) Health certificate
(v) Packing list

# data[].attributes.headline
SITI NORHAFIZAH BINTI MOHD AZAN (A16A1008)

# data[].attributes.subject
SITI NORHAFIZAH BINTI MOHD AZAN (A16A1008)

# data[].attributes.body
1.Discuss any two (2) differences between international trade and domestic trade.

Movement Of Goods

Domestic trade: easier to move goods without much restrictions. Maybe need to pay sales tax,etc

International Trade: Restricted due to complicated custom procedures and trade barriers like tariff, quotas or embargo

Language And Cultural Barriers

Domestic trade: speak same language and practice same culture

International trade: Communication challenges due to language and cultural barriers

2.State any five (5) most commonly used documents in shipping.

·Non-Negotiable Air Waybill (AWB)

·Commercial Invoice

·Certify Goods with a Certificate of Origin

·Show Proof of Insurance with a Certificate of Liability

·A Packing List Goes by Many Names

# data[].attributes.body
1. Two differences between international trade and domestic trade are:

1) Different Currencies

Each country has different currency. For examples, U.S.A. has the dollar, Japan the yen, Malaysia the ringgit Malaysia, Korea the won and so forth. Hence, buying and selling between countries give rise to complications absent in internal trade.

2) Transport and Insurances costs:

Then costs of transport and insurance also check free international trade. The longer the distance between two countries, the greater the costs.

2. Five most commonly used documents in shipping:

(i) Air Waybill

(ii) Alongside Vessel

(iii) Commercial Invoice

(iv) Certificate of Origin

(vi) Packing List

# data[].attributes.body
1.    Two difference between international  trade and domestic  trade are : -
(a)   Language And Cultural Barriers

- Domestic trade: speak same language and practice same culture

- International trade: Communication challenges due to language and cultural barriers

(b)   Broader markets

-       Domestic trade: limited market due to limits in population

-       International trade: Broader markets

2. Five most commonly used documents in shipping:

(i)    Air Waybill
(ii)   Certificate of origin
(iii)  Packing List
(iv)  Health Certificate
(v)   Consular Invoice

# data[].attributes.body
A16A0469

Two differences between international trade and domestic trade are :

1)Differences between Geographical and climatic:

Different country will produced different yield based on geographical and climatic conditions. So the production trade by domestic trade always be same product and fewer breakthrough. If other country having geographical and climatic advantage specialise in order to produce the particular commodities so that international trade can be occured between different country to get the shortage from others country.

2)Different Currencies problem :

Currency for each country are different. The currency will be change quite frequent. By domestic trade, the currency used are same and trade will be more easier and clear. The currency flow between different country will be different that why the international trade will be more complicated and have to prepared more document.

What Is International Trade?
International trade is the exchange of goods and services between differences countries.

What Is Domestic Trade?

Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country.

2. Five most commonly used documents in shipping:
i. AWB (Airway bill)
ii. Ocean bill of Landing
iii. Certificate of Origin
iv. Packing List
v. Commercial Invoice

# data[].attributes.body
A16A1166
1. Two differences between international trade and domestic trade are:
i. Currency
Domestic trade use the same currency whereas international trade involves currencies of two different country.
ii.Culture
Domestics trade share the same culture in the same country whereas international trade needs the understanding and respect of culture of another country.

2. Five most commonly used documents in shipping:
i. AWB (Airway bill)
ii. Ocean bill of Landing
iii. Certificate of Origin
iv. Packing List
v. Commercial Invoice

# data[].attributes.body
1 ) Two differences between international trade and domestic trade are :
a) Different Currencies
Each country has a different currency. Buying and selling between nations give rise to complication absent in international trade.
b)Geographical and climatic differences
Every country in the world cannot produce and commodities due to geographical and climatic conditions. Every country climatic and geographical advantage specialise in the production of particular commodities and trade them with others.

2. Five most commonly used documents in shipping:
1)Air WayBill(AWB)
2)Ocean bil of Lading (BL/OBL)
3) Certificatee of Origin (CO)
4)Packing List
5)Dock receipt(D/R) Issued

# data[].attributes.body
A16A0617

1. Two difference between international trade and domestic trade are:

i) Movement of goods
- Domestic trade:easier to move goods without much restrictions but its still need to pay taxes etc
- International trade:restricted due to complicated custom procedures and trade barrier like tariff,quotas

ii) Usage of currency
- Domestic trade:the country use the same currency depands on the country
- International trade:use the different type of currencies based on the country such as RM, US Dollar and others

2. Five most commonly used documents in shipping:
-certificate of origin
-packing list
-dock receipt
-airway bill
-comercial invoice

# data[].attributes.body
1. Two difference between international trade and domestic trade are:

i) Different Markets
-International markets are different in various aspects. Even the system of weights and measures and pattern and styles in machinery and equipment differ from country to country. Goods which are traded within regions may not sold in other countries. This is why in great many cases products to be sold in foreign countries are especially designed to confirm to the national characteristics of that country.

ii)  Different National Policies
-Different needs lead countries to pursue divergent national policies and not only with respect to foreign exchange rates. National Policies differ in a wide matter of domestic matters affecting international economic relations, wages, prices, competition, investment, business regulation etc and often involve interference directly in international economic intercourse in tarrifs, exchange controls, non-tarrif barriers and the like.

2. Five most commonly used documents in shipping:

i) Air Waybill
ii)Consular Invoice
iii) Packing List
iv)Ocean Bill of Landing
v)Certificate of origin

# data[].attributes.body
1.  Two difference between International trade and domestic trade are:

i) The number of country that involved
- Mostly, international trade are involves two or more countries, but domestic trade are not involve more than one country.

ii) The usage of different currencies
- Domestic trade are using same type of currency depend on its country. But, international trade are the different type of currency such as US Dollar, RM and so on.

2. Five most commonly used documents in shipping:
i) Insurance policy.
ii) consular invoice.
iii) Air waybill (AWB)
iv) Pro Forma Invoice
v) packing list

# data[].attributes.body
1. Two differences between international trade and domestic trade :
a) Movement of Goods
- Domestic trade is easier to move goods without much restrictions from the government.
- International trade is harder to move goods due to some restrictions such as custom procedures and trade barriers like tariff and quota.

b) Size of markets
- For domestic trade, there is limited market because the trade involve within a country and limit in population.
- For international trade, there is broader market because it involve between countries around the world.

2. Five most commonly used documents in shipping :
a) Pro Forma Invoice
b) Packing List
c) Commercial Invoice
d) Consular Invoice
e) Health Certificate

# data[].attributes.body
1 ) Two differences between international trade and domestic trade are :

i) Language and Cultural barriers : Domestic trade speak the same language in their on region and practice same culture where international trade will face communication challenges and difficulty due to the different language and culture.

ii) The Usage of Difference Currencies :
Domestic trade is using the same currency in the same region whereas international trade face the problem of the currency because this trade included different countries and the countries use different currencies. So this may lead more difficulty in international trade compare to domestic trade.

2) Five most commonly documents used in shipping are :

i) Consular invoice
ii) Quotation
iii) Packing list
iv) Certificate of origin
v) Insurance policy

# data[].attributes.body
1. 2 Difference International   Trade and Domestic Trade:

Currency
-international trade involve usage of multiple currencies while domestic trade use only one

Availability of resources
-International trade involve various and unlimited resources while domestic trade have limited resources

2. 5 documents use in shipping:

-Air waybill (AWB)
-Ocean bill of landing (BL/OBL)
-Certificate of origin
-packing list
-Dock receipt

# data[].attributes.body
1) The 2 differences

i) Size of market

Domestic trade: The market is limited to the total amount of people in a certain population within a single country.

International trade: International trade has a broader market. The activities of international trade in terms of production, promotion, distribution, advertisement and selling are extend over the geographical limits of the country.

ii) Availability of resources

Domestic trade: Free to move around factors of production like land, labor, capital and labor capital and entrepreneurship from one state to another within the same country.

International trade: Factors of productions are restricted due to the differences between countries like political, cultural, regional and the law of an country.

2) Five most commonly documents used in shipping :

i) Quotation
ii) Pro forma invoice
iii) Insurance policy
iv) Consular invoice
v) Health certificate

# data[].attributes.body
1)Two difference between international trade and domestic trade factor mobility Labour and capital as factor of production do not move freely from one country to another country as they do with in the same country. Thus labour and capital are regarded as immobile between countries while they are perfectly mobile within a country. Moreover different Currencies is other each country has a different currency. Buying and selling between nations give rise to complications absent in internal trade. This hampers smooth flow of trade as between one country and another country. A large number of foreign exchange problems arise in number of foreign trade which are non-existent in inter-regional trade.

2) FIve most commonly used documents in shipping :
i)quotation
ii)sales contract
iii)pro formal invoice
iv)commercial invoices
v)packing list

# data[].attributes.body
Hi to all, please complete this tutorial and submit before or on 25/9/2016, your respond will be your attendant for week 3.