ALS2013/ by Puan Norzaliha Binti Jusoh

Tutorial #1

zaliha_j — 2016-09-20 01:52:48 UTC

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

2016-09-21 03:32:25 UTC

LEE PEY WEN (A16A0288)

LIONG ZHAO GUAN (A16A1196)

2016-09-21 05:01:02 UTC

1.Two differences between international trade and domestic trade:
a) Different Currency
International trade involve different country used different currency while Domestic trade used same type of currency.
b)Language and Cultural Barriers
International trade face a communication challenges because of different language and cultural barriers. Domestic trade use same language and practice in same culture.

2.Five most commonly used documents in shipping:
a) Air Waybill
b) Certificate of Origin
c) Packing List
d) Ocean bill of lading
e) Commercial Invoice

KONG POOI KUAN

2016-09-21 06:42:32 UTC

A16A0271

shahidahazmi20 — 2016-09-21 07:38:29 UTC

SHAHIDAH ADLINA BT AZMI
(A16B0959)

WONG SHI KAI A16A1151

2016-09-21 07:42:37 UTC

1) 2 differences between international trade and domestic trade:
a. Language And Cultural Barriers
-International trade face the communication problem because different language and cultural barriers by different country.
-Domestic trade use the same language and practice in same culture.
b. Broader markets
-International trade got a broader markets because market of it are more than one country.
-Domestic trade's market are small because only got the local market that have the limit in population.

2) 5 most commonly used documents in shipping:
a. Air waybill
b. Commercial invoice
c. Packing list
d. Certificate of origin
e. Insurance certificate

2016-09-21 09:03:25 UTC

~NUR SHAWAL SUHADA BINTI MAMAT
~A16A0728

1)Two differences between international trade and domestic trade:

1~LEVEL OF COMPETITION
~Level competition will be more complex and dynamic then domestic markets.

~Domestic trade will be more easier to be covered.

2~LEGAL SYSTEM
~international trade have to follow up rules and legal systems fixed by government which exported.

~Domestic trade laws and regulations not to firm.

2) Five most commonly used document in shipping:
~Insurance Certificate
~Air Waybill
~Comencial Invoice
~Dock Receipt
~Ocean Bill Of Lading

SITI NURHIDAYAH NABILAH BT BADRUL HELMY. (A16A1030)

biellalavigne — 2016-09-21 09:06:33 UTC

1)two differences between international trade and domestic trade
A)currencies
-International trade, it involves exchanged on the basis of different currencies.
-Domestic trade,it involves exchange in the basis of same currencies

B)culture
-International trade,the trade should be done taking diverse into consideration even things like colour combination can be affect the trade
-In domestic trade,the culture does not affect.

2)5 commonly use in documents in shipping
➡commercial invoice
➡certificate of origin
➡packing list
➡ocean bill of lading
➡air waybill

CHEAH SOM YI (A16A0097)

2016-09-21 10:21:47 UTC

1. 2 differences between international trade and domestic trade.

a. Broader markets:
- International trade is a broader markets because it have more than one country.
- Domestic trade is a limited market because just in a single country.

b. Circumstances:
- International trade take place among people of different cultures, habits and languages.
- Domestic trade is a trade takes place among same people.

2. 5 most commonly used documents in shipping.
- Air waybill
- Ocean bill of lading
- Certificate of origin
- Commercial invoice
- Dock Receipt

H

2016-09-21 12:17:30 UTC

SITI FATIMAH SYAFNI BINTI ZAHARI (A16A0987)

2016-09-21 12:17:38 UTC

1) 2 differences between international trade and domestic trade.

a) Movement of goods.
- International trade; restricted due to complicated custom procedures and trade barriers like tariff, quotas or embargo.
- Domestic trade; easy to move goods without much restrictions.

b) Usage of different currencies.
- International trade; different countries used different currencies.
- Domestic trade; same tyoe od currency used.

2) 5 most commonly used documents in shipping.
- Air waybill
- Commercial invoice
- Certificate of origin
- Bill of lading
- Inspection certification

SIM MEI YUN A16A1221

2016-09-21 12:51:45 UTC

1) 2 differences between international trade and domestic trade:

a. Currency
International trade involves different country so will occurrence different currency in transactions between buyer and seller while domestic trade only involves the same country so that problem of different currency will not occur.

b. Transport and Insurance Costs
The cost for transportation and insurance for international trade will higher than domestic trade because distance for international trade is longer and the risk become bigger compared to domestic trade.

2) 5 most commonly used documents in shipping.
-Air Waybill (AWB)
-Ocean bill of lading
-Certificate of Origin
-Commercial Invoice
-Packing List

1

2016-09-21 12:57:18 UTC

1)

2016-09-21 12:57:18 UTC

AMBIGAVETEE A/P SANTHAKUMAR (A16A0046

2016-09-21 12:57:20 UTC

1) 2 differences between international trade and domestic trade:
a)

NOOR AINA BINTI MOHAMAD NASIRUDDIN (A16A0485)

enot_peace — 2016-09-21 13:07:43 UTC

NUR FARAHANA BT YUNUS (A16A0657)

2016-09-21 13:17:45 UTC

1)two differences between international trade and domestic trade :
a)Language and cultural barriers
-domestic trade will speak same language and practice same culture.
-international trade face communication challenges due to language and cultural barriers.

B)broader market
-domestic trade is a limited market due to limits in population
-internasional trade is a broader market

2)5 most commonly used documents in shipping
-air waybill
-dock receipt
-commercial invoice
-packing list
-certificate of origin

NORHAFIZAH BINTI ABDUL JALIL(A16A0569)

hafizahjalil — 2016-09-21 13:38:04 UTC

SOO TOO WENG LEONG (A16A1050)

2016-09-21 13:45:47 UTC

1. Two differences between international trade and domestic trade.
a).Movement of Goods
-International trade restricted due to complicated custom procedures and trade barriers like tariff,quotas or embargo.
-Domestic trade is easier to move goods without much restrictions.

b).Language and Cultural Barriers
-The communication of international trade is very challenges due to different language and different cultural barriers.
-Domestic trade is speak in the same language and in the same culture.

2. Five most commonly used documents in shipping.
-Air waybill
-Ocean bill of lading
-Certificate of origin
-Packing list
-Commercial invoice

Lee Xun (A16A0292)

alexleexun96 — 2016-09-21 13:46:49 UTC

1) Two differences between International Trade and Domestic Trade
i)Currency
-Each country has a different currency. Buying and selling between nations give rise to complications absent in domestic trade.

ii)Languages and And Cultural Barriers
-In domestic trade, we can speak same languages and practice same culture but international trade will have communication challenges due to language and cultural barriers,

2)Five most commonly used documents in shipping

-Air Waybill(AWB)
-Certificate of origin
-Ocean Bill of Lading(BL/OBL)
-Sea Waybill
-Packing List

a

2016-09-21 14:46:23 UTC

NURUL SHAMIRA BT ABDUL HALIM (A16A0873)

2016-09-21 14:46:23 UTC

1- Two differences between International Trade and Domestic Trade

i) Currency
-Each country use a different currency. Domestic trade giving returns profit that slightly compared international trade which involves foreign currency inflow.
ii) Language
-The language for international trade are more challenging rather than domestic trade .

2)- State five most commonly used documents in shipping.
- air waybill
-commercial invoice
-ocean bill of lading
- certificate of origin
-packing list

CHIA HUI YEE (A16A0105)

huiyee_a16a0105 — 2016-09-21 16:25:43 UTC

1) Two differences between International Trade and Domestic Trade:

a) Restriction on trade
- International trade have restriction imposed by exchanged restrictions, fixed quotas, custom duties or other tariff to protect the infant industries within the country whereas domestic trade is free of restriction, commodities dealt within domestic trade can move freely around the country without restriction such as embargoes and quotas.

b) Mobility in factor of production
- Labour and capital in International trade have lesser freedom to move around because real wages and standard of living are now seeking a common level for labour. In domestic trade, labour and capital can move freely within the same country because the cost of mobilization is cheaper.

2) Five most commonly used documents in shipping.
- certificate of origin
- airway bill
- bill of lading
- packing list
- commercial invoice

SITI NORHAFIZAH BINTI JUSOH (A16B1007

hafizah_jusoh27 — 2016-09-21 16:27:58 UTC

Tutorial #1/ALS 2013

NURUL HUDA BT MOHD AZAIR ( A16A0847)

hudaazair97 — 2016-09-21 16:50:22 UTC

tutorial #1

FADHLIN NAJWA BINTI MOHAMED @ MD NAWI (A16A0148

fadhlin_najwa — 2016-09-21 17:17:24 UTC

TUTORIAL #1/ALS2013(L1T3)

NOR ZAHIRAH BINTI ZAINI (A16A0558)

2016-09-21 17:21:40 UTC

1) State two differences between International Trade and Domestic Trade.
a) Currency
- In international trade, it use the different type of currency while in domestic trade, it use the same type of currency.

b) Languages and cultural barriers
- A lot of communication challenges due to the different languages and cultural in international trade while domestic trade used the same languages because it has the same cultural

2) State five most commonly used documents in shipping.
-Ocean bill of lading
-Certificate of origin
-Dock receipt
-Airway Bill (AWB)
-packing list

MUHAMMAD ASLAM BIN SAEDAN (A16B0401)

2016-09-21 17:44:07 UTC

1) Two differences between International Trade and Domestic Trade:

a) Currency
The currency will be the thing that differ most. Each country has their own currency. For International Trade, the currency used need to be determined because it will involve two or more parties from different countries while for Domestic Trade it will only involved two or more parties within the same country. So for each International Trade transaction, the parties involved need to determined the type of currency used to avoid any miscellaneous in terms of payment. For example, if two parties from Malaysia and Thailand respectively doing International Trade, they need to determined which currency will be used either Malaysian Ringgit (MYR) or Thailand Baht (THB). For Domestic Trade, as example parties within Malaysia will only used MYR as the currency for the trade transaction.

b) Documentation

International Trade will involve more complex type of documents involved. Since the good will be across the borders between country, there is need to be variety of document to ensure the movement of goods will be done smoothly due to more restrictions. The documents is needed for example clearance process at the custom and to ensure the party"s liable to the goods to avoid any misbehavior. Domestic Trade will involved simpler documents as there's no custom clearance process involved. Less restrictions is also involved in the trade.

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

a) Certificate of Origin
b) Ocean Bill of Lading
c) Packing List
d) Invoice
e) Letter of Credit

CHIN YAN JUN (A16A0106)

2016-09-22 01:49:25 UTC

1) Two differences betweeen international trade and domestic trade are:
a) Regulations
-When the buyer and seller are located in the same nation, only trade regulations related to that one country will apply.
-An interntional transaction would have to be conducted in a manner that is in compliance with the trade regulations that are in place for both countries involved.

b)Market Fluctuations
-Firms conducting trade internationally can withstand these situations and huge losses as their operations are wide spread.
-Firms carrying business locally have to face this situation which results in low profits and in some cases losses too.

2) Five mosy commonly used documents in shipping are:
a)Air waybill (AWB)
b)Ocean Bill of Landing (BL/OBL)
c)Certificate of origin (CO)
d)Commercial invoice
e)Insurance certificate

SITI ZURIHA BT RADZALI (A16B1048)

leozone_kc93 — 2016-09-22 02:09:42 UTC

TUTORIAL #1/ALS2013 (L1T3)

AMBIGAVETEE A/P SANTHAKUMAR

2016-09-22 04:11:38 UTC

(A16A0046)
1) two differences between international trade and domestic trade:
a)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 barries like tariff, quotas or embargo.

b) usage of different currencies
Domestic trade: Same type of currencies used.
International trade : different countries used different currencies.

2) Five most commonly used documents in shipping are:
a) Air waybill (AWB)
b) Cerficate of origin (CO)
c) Ocean Bill of Landing (BL/OBL)
d) dock receipt
e) invoice

KALPANA SADHIRAJU (A13A0295

2016-09-22 07:13:22 UTC

1. Discuss any two (2) differences between international trade and domestic trade.

1) Movements of goods.

- For the companies or government those who trade product domestically will have less consequences in distributing and transporting the goods. This is because there are not much restriction that required to be followed. Moreover, they are just need to pay an amount of sales taxes and so on.

- In the other hand, the companies and government that trade internationally where trade between different countries is not free. There are quite a lot restrictions imposed by custom procedures such as duties, exchange restrictions, fixed quotas or other tariff barriers, quotas or embargo and so on.

2) Usage of different currency.

- In domestic trade the companies will be using same type of currencies in the transaction.

- But in international trade, the government and companies will be using different type of currencies among the them in the transaction.

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

- Commercial invoice

- Packing list,

- Pro forma invoice,

- Bill of lading,

- Certificate of origin,

KARAM KAUR A/P PREM SINGH (A13A0299)

2016-09-22 07:51:05 UTC

2016-09-22 08:01:10 UTC

AHMAD LUQMAN BIN AHMAD RISHAK A16A0018

1) two differences between international trade and domestic trade:

a) Currency
-International trade involves the exchange of two or more currencies

-Domestic trade just involves the use of one currency only

b) Legal system

-International trade is controlled by certain external bodies to which a country is a member
-Domestic trade is not subject to being controlled by external bodies

2) Five most commonly used documents in shipping are:

1. Air waybill

2. Bill of lading

3. Commercial invoice

4. Certificate of origin

5. Insurance certificate

YEK WAH KIAN

2016-09-22 09:02:00 UTC

A16A1162
two differences between international trade and domestic trade
a) currency
- international trade is trade happens between few countries, therefore it involves the usage of multiple currencies. Either one of the countries is forced to accept the usage of the agreed currency. domestic trade is exchange of goods within the boundary of a country. it only involves the usage of that country , as the both parties in that country are using the same currency to trade.
b) availability of resources
-it varies from one country to another country. Resources in some countries are depending on some business world to rediscover resources and try to overcome any shortcomings. international trade happens when apples and oranges are imported from japan to malaysia due to lack of natural resources in malaysia in order to produce apples and oranges. while for domestic trade, some products are imported within the boundary of malaysia. For example, durian in Pahang is well known and imported to other states.

2) Five most commonly used documents in shipping are:
1 airway bill (AWB)
2 ocean bill of lading (OBL)
3 certificate of origin (CO)
4 insurance certificate
5 commercial invoice

THAMIL CHELVI A/P HALAIKEN

2016-09-22 09:28:19 UTC

1) two differences between international trade and domestic trade:

=transport and insurance costs
-the greater the distance between the two countries, the greater the costs will be used .
=currency
-the currency of each country are difference and have to use according country that export.

2)five most commomly used document in shipping are:
a) Carqo Insurance Certificate
b)Air waybill
c)Packing list
d)Ocean Bill of Lading
e)Shipper's Letter of Instructions

KOGILAVENI A/P MUNUSAMY

2016-09-22 10:07:16 UTC

KOGILAVENI A/P MUNUSAMY

2016-09-22 10:07:29 UTC

A16A0266
1. Two difference between International Trade and Domestic Trade.
a)Usage of different currency
- In domestic trade, all of the companieswill be using same type of currenciesin the transaction.
-Meanwhile, in international trade, there will be different type of currencies usage from the goverment and companies among them in the process of transaction.
b)Different Political Circumtance
-In domestic trade, business takes place among the people from same kind of environment and sociality.
-But, in international trade, business takes place among the people of different culture, habit and language. These culture distinction between markets, in the absence of different national measure have led political scienties to take look at natural of the countries.
2. Five most commonly used documents in shipping.
- Air waybill (AWB)
-Ocean bill of lading (BL/OBL)
-Dock receipt
-Certificate of Origin
-Commercial invoice

WONG CHUN YONG

2016-09-22 13:29:11 UTC

A16A1148
1. Two difference between International Trade and Domestic Trade.

a) Currency

In Domestic trade, it's a large extent involves the use of mainly local currency in trading, whereas international trade involves the use of foreign currencies.
b) Language And Cultural Barriers
Domestic trade uses same language and practice same culture whereas International trade have to face the communication challenges due to different language and different cultural barrier using by difference country.

2. Five most commonly used documents in shipping are:
a) Air waybill (AWB)
b) Ocean bill of lading
c) Certificate of origin
d) Commercial invoice
e) Insurance certificate

LAVIN NAMBIAR A/L VIJAYA KUMARAN

2016-09-22 16:20:28 UTC

A16A0280

1.Two difference between Internaional Trade and Domestic Trade
i)Currency
-International trade involves the exchange of two or more foreign currencies.
-Domestic trade just involves the use of one country currency only.
ii)Language and Cultural Barriers
-The communication of international trade is very challenges due to different language and different cultural barriers.
-Domestic trade is speak in the same language and in the same culture.
2.State five most commonly used documents in shipping.
-Air Waybill(AWB)
-Certificate of origin
-Ocean Bill of Lading (BL/OBL)
-Sea waybill
-Commercial Invoice

RAJ

2016-09-22 16:36:08 UTC

RAJ A/L RAJAH

2016-09-22 16:36:09 UTC

A16A0920

1.Two difference between
International trade and Domestic trade ?

a.) Currency
- International trade involves the exchange of two or more different currencies.
- Domestic trade just involves the use of one country currency only.

b.} Language and Cultural Barriers

- International trade face many challenges in process of trade because international trade involved different language and cultural barries.
- Domestic trade only use same language and same culture.

2. Five most commonly used documents in Shipping.?

a.) Air Waybill ( AWB )
b.) Ocean bill of lading ( OBL )
c.) Certificate of origin
d.) Packing list
e.) Dock Receipt

.

1. Two difference between International Trade and Domestic Trade?

nathanselvan94 — 2016-09-22 16:38:40 UTC

a) Currency
In Domestic trade, it's a large extent involves the use of mainly local currency in trading, whereas international trade involves the use of foreign currencies.

b) Language And Cultural Barriers
Domestic trade uses same language and practice same culture whereas International trade have to face the communication challenges due to different language and different cultural barrier using by difference country.

c). Transport and Insurance Costs.
The cost for transportation and insurance for international trade will higher than domestic trade because distance for international trade is longer and the risk become bigger compared to domestic trade.

d) Legal system

International trade is controlled by certain external bodies to which a country is a member however Domestic trade is not subject to being controlled by external bodies.

2. Five most commonly used documents in shipping are:
a) Air waybill (AWB)
b) Ocean bill of lading
c) Certificate of origin
d) Commercial invoice
e) Insurance certificate

NATHAN A/L PANIR SELVAN

nathanselvan94 — 2016-09-22 16:46:56 UTC

A16B0457

1. Two difference between International Trade and Domestic Trade?

a) Currency
In Domestic trade, it's a large extent involves the use of mainly local currency in trading, whereas international trade involves the use of foreign currencies.

b) Language And Cultural Barriers
Domestic trade uses same language and practice same culture whereas International trade have to face the communication challenges due to different language and different cultural barrier using by difference country.

c). Transport and Insurance Costs.
The cost for transportation and insurance for international trade will higher than domestic trade because distance for international trade is longer and the risk become bigger compared to domestic trade.

d) Legal system

International trade is controlled by certain external bodies to which a country is a member however, Domestic trade is not subject to being controlled by external bodies.

2. Five most commonly used documents in shipping are:
a) Air waybill (AWB)
b) Ocean bill of lading
c) Certificate of origin
d) Commercial invoice
e) Insurance certificate

Hong Siew V

2016-09-22 17:01:23 UTC

A16A0214

1. Two differences between international trade and domestics trade

a) Different Currencies
Each country has a different currency. Buying and selling between nations give rise to complications absent in international 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.

b) Different in available resources
Different countries are endowed with different type of natural resources. They tend to specialise, in the production of those commodities in which they are richly endowed and trade them with others where such resources are scare.

2. Five mostly commonly used documents in shipping.
a) Air waybill (AWB)
b) Ocean bill of fading (BL/OBL)
c) Certificate of origin (CO)
d) Commercial invoice
e) Insurance certificate

Tiau Lee Hng

2016-09-22 17:22:27 UTC

A16A1097

1.Two differences between International Trade and Domestic Trade.
i) Currency
-International trade normally involved in two or more than two countries, so that the usage of currencies are totally different during the transaction.
-Domestic trade just involved one country so that there is no different in currency use when carrying out the transaction.
ii) Language and Cultural Barriers
-Domestic trade is using the same language and pratices the same culture whereas International trade have to overcome comunication challenges due to different in language and culture pratice by each country.

2. 5 most commonly used documents in shipping:
a.) Air waybill (AWB)
b.) Ocean bill of lading ( OBL)
c.) Certificate of origin
d.) Packing list
e.) Dock Receipt

Siti Nur Amanina Bt Zainum

2016-09-23 01:05:15 UTC

A16A1014
1. Two (2) differences between international trade and domestic trade
1. Mobility in factor of production

In this international trade, mobility that used is very quite restricted while domestic trade is free to move around factors of production like land, labor, capital, and entrepreneurship from one state to another within the same country.

2. Currency

- For international trade, the usage of currencies is different in countries and each countries used the different currencies and also for domestic trade, the currencies that used for domestic trade are same type of currency used.

2. 5 most commonly used documents in shipping

Bill Of Landing
Air Waybill
Certificates Of Origin
Letter Of Credit
Purchase Order
Commercial Invoice

NOOR SHANE SAHEERA BINTI YAHAYA

2016-09-23 01:27:41 UTC

A16A0508

1.Two differences between International Trade and Domestic Trade.
i) Movement Of Goods
International Trade - Restricted due to complicated custom procedures and trade barries like tariff, quotas or embargo.
Domestic Trade - Easier to move goods without much restrictions.

ii) Language And Cultural Barriers
International Trade - Have to face the communication challenges due to different language and culture barrier using by each different country.
Domestic Trade - Uses the same language and practice same culture.

2. Five most commonly used documents in shipping
a) Air waybill
b) Ocean bill of landing
c) Documentary credit
d) Packing List
e) Dock Receipt

NUR AZILA BINTI MOHD NOHROVI (A16A1213)

2016-09-23 03:44:17 UTC

1. Two differences between international trade and domestic trade.
a) Currency
Each country has a different currency. Buying and selling between nations give rise to complications absent in international trade. India for instance, has the rupee, Germany the mark, Spain the peso and Japan the yen.
b) Restriction on trade
Trade between different countries is not free. There are restrictions imposed by custom duties, exchange restrictions, fixed quotas or other tariff barriers. For example, our own country has imposed heavy duties on import of motorcars and other luxury goods.

2. Five most commonly used documents in shipping
a)Air waybill
b)Certificate of origin
c)documentary credit
d)packing list
e)Dock receipt

SITI NUR ANNISHA BINTI SALIM (A16A1015)

2016-09-23 06:45:01 UTC

1. Two differences between international trade and domestic trade.
a) Currency
In international trade, it involves two or more foreign currencies but in domestic trade it only involves one country currency.

b) Language and Cultural Barriers
International trade have a different language and cultural barriers due to many countries involves in this trade but domestic trade only use the same language and culture.

2. Five most commonly used documents in shipping.
a) Air waybill (AWB)
b) Ocean bill of lading
c) Certificate of origin
d) Commercial invoice
e) Insurance certificate

Nur Asmira Binti Rezali

2016-09-23 09:23:39 UTC

A16A0627

1. Two differences between international trade and domestic trade.
a) language and cultural barriers
- For international trade, it is easy to speak because can use same languages and practice same culture. While international trade must face communication challenges due to languages and cultural barriers.
b) mobility in factor of production
- For domestic trade it is free to move around factors of production like land, labor, capital and capital labor and entrepreneurship from one state to another within the same country. While for international trade it is quite restricted.

2. Five most commonly used documents in shipping
a) Airway bills
b) Bill of lading
c) Commercial invoice
d) Certificate of origin
e) Inspection certification

LOKE ANN KEE

2016-09-23 10:01:54 UTC

A16A0318
FRIDAY 18:20
1. Discuss any two (2) differences between international trade and domestic trade. (5 marks)
a) Currency

International trade uses different currencies because involves many countries that each country has a different currency whereas domestic trade uses the same type of currency because involves only in a country.
b) Availability of resources
International trade has a lot of resources which can get from different countries whereas domestic trade has only limited resources which just can get in a country.

2. State any five (5) most commonly used documents in shipping. (5 marks)
a) Airway bill (AWB)
b) Ocean bill of lading (BC/ OBC)
c) Certificate of origin (CO)
d) Commercial invoice
e) Consular invoice

MUHAMMAD HAZIQ BIN OTHMAN (A16A0414

2016-09-23 16:11:04 UTC

1. Two differences between international trade and domestic trade.
Usage of different currencies
-Domestic trade: same type of currency used
-International trade: different countries used different currencies
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

2) Five most commonly used documents in shipping are:

1. Air waybill

2. Bill of lading

3. Commercial invoice

4. Certificate of origin

5. Insurance certificate

Satthivel s/o Segaran

2016-09-23 16:58:03 UTC

A16A0957

1)Two differences between International Trade and Domestic Trade

a)Currency

In international trade, involve two or more countries, so different type of currency will involve in international trading but in domestic trade only same kind of currency will use in domestic trade.

b) Legal system

In international trade, must follow the rules and regulation of export countries, but in domestic trade, should follow only one country’s legal system.

2. 5 most commonly used documents in shipping:

a) Air Way Bill
b) Ocean Bill of loading
c) Certificate of origin
d) Inspection certification
e) Documentary Credit

NURUL IZZATI BINTI ROZALI (A16A0854)

zatie96rozaly — 2016-09-23 17:57:22 UTC

Tutorial #1/ALS 2013

MUHAMMAD SYAHRIL AMIN BIN NORAZMI A16A0437 Two differences between international trade and domestic trade. 1.currency Basically , different countries used different amount and types of currencies . For example , Singapore used Singapore Dollar and Thailand used Thai Baht for their country currency. For domestic trade we used the same type of currency known as Ringgit Malaysia for every state in Malaysia only. 2.communication and culture differences Domestic trade is easier when it comes to communication due to the same language people talk everyday and the way people lives are quite same. For example ,most of Malaysian speak the same language known as Bahasa Malaysia and they love to eat Nasi Lemak in the morning with some Teh Tarik as a drink. Compared to international trade it is more challenging because of languages we don’t use to talk and different culture we don’t know from our own coutry. five commonly used documents in shipping 1. Air waybill 2. Bill of lading 3. Commercial invoice 4. Certificate of origin 5. Insurance certificate

2016-09-23 18:22:50 UTC

Siti Nur Aishah Binti Mhd. Kusni (A16B1013)

2016-09-24 06:22:24 UTC

DARSHINI A/P ANNAMALAI

darshini_annamalai1496 — 2016-09-24 07:37:11 UTC

A16A0120

RAZIYATUL AKMA BINTI MOHD RODZI -A16A0932

princess_akma97 — 2016-09-24 08:17:14 UTC

1.Two differences between international trade and domestic trade

i) Currency
- Domestic trade, to a large extent involves the use of mainly currency in trading, whereas international trade involves the use of foreign currencies. The U.S dollar is the standard currency used in international trade.

ii) Legal System
- Domestic trade is not subject to being controlled by external bodies, but this isn't the same for international trade. International trade is controlled by certain external bodies which a country is a member. A very good example of an external body that controls trade over the world is The World Trade Organization.

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

i) -Air Way Bill
ii) -Ocean Bill Of Lading
iii) -Certificate Of Origin
iv) -Commercial Invoice
v) -Insurance certificate

NU

2016-09-24 08:39:33 UTC

NUR SHAKINAH ASHIKIN BINTI ANUA KAMARUDIN (A16A0726)

2016-09-24 08:39:35 UTC

A1. Two differences between international trade and domestic trade.

I) CURRENCY
International trade deal with multiple currency from different countries whereas domestic trade only deal with same type of currency.

II) LANGUAGE AND CULTURAL BARRIERS
International trade face communication challenges due to the language and cultural barrier of different countries whereas domestic trade does not face communication challenge because of the same language and cultural used.

2. Five most commonly used documents in shipping.
i)Air waybill (AWB)
ii) Ocean bill of lading (OBL/BL)
iii) Certificate of origin
iv) Dock receipt
v)Commercial invoice

Mohamad Ikhwan Bin Mohamad (A16A0354)

2016-09-24 08:47:17 UTC

1. Discuss any 2 diffrences between international trade & domestic trade . . .

- Currency

International trade must deal with two or more difference currency but domestic trade only use one currency system only.

- Culture

International trade need to handle with the new culture at their bussiness which is they need to anaylise first what they have to do and what they cannot do but the domestic trade would able to run their business completely because they already know what the culture situation is.

2. State any 5 most commontly used documents in shopping . . .
-Air waybill
-Ocean bill lading
-Certificate of origin
-Dock receipt
-Documentary credit

NOR AZIZAH BT MOHD JAILANI

2016-09-24 08:48:01 UTC

A16A1209

1.State two differences between international trade and domestic.

1.CURRENCY
-Domestic trade will deal with two or more difference currency because it was involve many country.
-International trade only use one currency system because it does't have to involve with another contry.

2.LANGUAGE
-Domestic trade must use many language because there will many country that participate in some business.
-International trade will only use in one language because all the businessman normally use the same language with them.

2.State any five most commonly documents use in shipping.

-Air waybill
-Ocean bill off landing
-Certificate of origin
-Commercial invoice
-Documentary credit

NOR ATIKAH BT SHARIFUDDIN (A16A0527)

2016-09-24 08:49:47 UTC

Two differences between international trade and domestic trade.

(i) CURRENCY
- International trade, to a large extent involves usage multiples countries, the U.S dollar is the standard currency used in international trade.whereas domestic trade involves the use of foreign currencies.

(ii) CULTURE
- International trade, challenges due to variety and different language and cultural, and domestic trade only use the same language and culture.

Five most commonly used documents in shipping.
- Air waybill
- Ocean bill og lading
- Certificate of origin
- Dock receipt
- Documentary credit

2016-09-24 08:56:54 UTC

MUHAMMAD TAUFIQ BIN MOHD NAZRI (A16A0440)

2016-09-24 08:57:29 UTC

1.Discuss any two (2) differences between international trade and domestic trade.

International trade deals with import-export of cargoes and/or services. It is genuinely related to cross border commercial transactions.

Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail.

Differences:

a) Currency
International Trade - Involved the usage of multiples currencies. This circulation forces either one of the current country or parties to accept the usage of the agree currency. For example, if a Malaysia company want to deal with a company that based in United States of America (USA), they should agree to use a currency either USD or RM.

Domestic Trade - It involve the same currency used by both company. As example, the company that based in Penang use Ringgit Malaysia (RM) when they are dealing with company that based in Selangor because they are in the same country.

b) Culture
International Trade - This forces each party to adjust their culture to the country they are dealing with. For example, if a Malaysian company want to deal with a Japanese company, they should be concern on the time management because the Japanese are really strict about time.

Domestic Trade - It is not a big problem because the companies are dealing with other parties in the same country.

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

* Air waybill
* Ocean bill of lading
* Certificate of origin
* Dock receipt
* Commercial invoice

Eraser Anak Jemmy (A16A0145)

2016-09-24 09:16:08 UTC

1.Two differences between international trade and domestic trade
a)Currency
-Currency is a system of money in general use in a particular country. Domestic trade occur between the States in a country which is using the same currency as the country. International trade involve two or more country which is using the different currency. As an example international trade between Malaysia's currency Ringgit Malaysia (MYR) and Singapore's currency Singapore Dollar (SGD) and it's also come with different value.

b) Culture
- Culture means everything a society does. Every country has different kind of culture. As the domestic trade, there's no need much to adapt or adjust which the party just deal between the different state in the same Country. Meanwhile, international trade involve other country which force the party to adjust with tge country they deal with. As an example, Food Franchise from Spain need to add on the spice in their meal in their Malaysia's franchise because Malaysian used to eat spicy food.

2. State any 5 most commonly used documents in shipping.
i. Air Waybill
ii. Ocean Bill of Lading
iii. Certificate of Origin
iv. Commercial Invoice
v. Insurance Certificate

2016-09-24 09:30:04 UTC

2016-09-24 09:35:38 UTC

AISYAH NUR SYAHINDAH BINTI AHMAD SOUFI LIM

aisyahnur_an33 — 2016-09-24 10:01:30 UTC

(A16A0040)

1.Two differences between international trade and domestic trade:-

International trade deals with import-export of cargoes and/or services. It is genuinely related to cross border commercial transactions.

Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail.

Differences

a)Currency

INTERNATIONAL TRADE
-Always involves the usage of multiple countries.This circulation forces either one of the current country or parties to accept the usage of the agree currency.
DOMESTIC TRADE
-Involves the use of foreign curencies.

b)Culture

INTERNATIONAL TRADE
-This forces each party to adjust the country they are dealing with.
DOMESTIC TRADE
- It is not a big problem because the companies are dealing with other parties in the same country.

2. State any 5 most commonly used documents in shipping.
i. Air Waybill
ii. Ocean Bill of Lading
iii. Certificate of Origin
iv. Commercial Invoice
v. Insurance Certificate Duration

MUHAMAD AMIRUL BIN TAN AH CHUAP@MAZLAN

2016-09-24 10:20:58 UTC

(A16A0379)

1.Two differences between international trade and domestic trade.

(i) Currency
-Every different country use a multiples currencies to make a deal in business. For example, Indonesia are using Rupiah in their trade as a currency.Whereas Malaysia are only using Ringgit Malaysia as their currency in internal trade.

(ii) CULTURAL
-Every country has different kind of culture. International trade are forced on involving others parties where they have to adjust with the country to make deal because they have to face the challenges or languages to make a right decision. Meanwhile, domestic trade are more easier because we only use one language that everyone understand and also the cultural that every ethnics has used to.

2. State any 5 commontly used document in shipping.

i. Air Waybill
ii. Ocean Bil Landing
iii.Commercial Invoice
iv.Certificate of Origin
v.Dock Receipt

NUR IZATUL SYAFINAZ BINTI KHAIRULL AMIR (A16A0700)

enigmow93 — 2016-09-24 12:03:34 UTC

2 Differences between international trade and domestic trade?

i. Different Currencies:

International trade between two countries occurrence different currency in transactions between seller and buyer.Each country has a different currency. India for instance, has the rupee, the U.S.A. the dollar, Germany the mark, Italy the lira, Spain the peso, Japan the yen, and so on. Hence, buying and selling between nations give rise to complications absent in internal trade while domestic trade only involves the same country so that problem will not occur. ��

. Transport and Insurance Costs:

Then costs of transport and insurance also check- free international trade. The greater the distance between the two countries, the greater are these costs. Wars increase them still more. For example , the risk of loss or damage to the goods will be managed by insurance.Meanwhile, domestic trade are more easier to deal.

2.State any 5 commonly used document in shipping?
i) Air Waybill
ii)Commercial invoice
iii)Certificate of Origin
iv)Ocean Bill of Landing
v)Insurance Certificate

AHMAD SUHARMAN BIN ADNAN

2016-09-24 12:20:38 UTC

(A16A0019)

1. Two difference between international trade and domestic trade.

i. Currency

-International trade involves the exchange of two or more currencies
-domestic trade just involves the use of one currency only

ii. Culture

-International trade face a communication challenges because of different language and cultural barriers.
-domestic trade use same language and using a same culture.

2. State any 5 commonly used document in shipping.

i. Air Waybill
ii. Ocean Bill Landing
iii. Certificate of Origin
iv.Commercial Invoice
v. Insurance certificate

FARAH NABILAH BINTI ABD MANAF

2016-09-24 15:12:46 UTC

(16B0155)

MUHAMMAD NORSYAMIL B MOHD JANI

2016-09-24 15:26:08 UTC

(A16A0425)

2 Difference between international trade and domestic trade.

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

International trade: Quite restricted.

ii. Movement of good.
Domestic trade: Easier to move good without much restriction.Maybe need to pay sales tax,etc.

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

State any 5 commontly used document in shipping.

-air waybill
-bill of lading/truck bill of lading
-commercial invoice
-certificate of origin
-insurance certificate

SITI NOR SHAKIRAH BINTI OMAR

cokieraa — 2016-09-24 15:28:22 UTC

(A16A10051) Discuss any two differeces between international trade and domestic trade.

Two differences between international trade and domestic trade are

a] Currency

The usage of multiple currencies,

Domestic trade use the same type of currency while international trade different countries used the different currencies.

b] Culture

The forces each party to adjust the country between the international trade and domestic trade

2) State any five most commonly used document in shipping

Five most commonly used document in shipping are

a] Airway Bill (AWB)

b] Ocean Bill of Loding (BL/OBL)

c] Certificate of Origin (CO)

d] Packing list

e] Commersial Invoive

THARMINI A/P RAVINDRAN

2016-09-24 15:40:29 UTC

(A16A1094)
2 difference between international trade and domestic trade .

1. currency
Domestic trade- same type of currency used.
International trade- different countries used different currencies.
2. cultural
International trade- Communication challenges due to language and cultural barriers.

State any 5 commonly used document in shipping.
1. Airway Bill
2. Ocean bill of loading (BL/ OBL)
3. Certificate of origin (CO)
4. Packing List
5. Commercial invoice

NURFATIN BINTI AHMAD KAMAL ARIFFIN

2016-09-24 15:40:42 UTC

A16A0768

State two different between international trade and domestic trade.
1. Language and Cultural Barriers
- International trade face the communication problems because each of them used different language and cultural barriers by different country.

- Domestic trade use the same language and practice in the same culture.
So it much more easier for them to handle the business among them without any problems.

2. Difference Currency.
- International trade involved different country and they used different currency. Such America the used Dollar America while Singapore used Singapore Dollar. International trade always involves the usage of the multiples currencies in their business.

-Domestic trade used same type of currency in business. For example our country Malaysia use Malaysia Ringgit. So when there one company deal with other company they will use the sama currency which is Ringgit Malaysia.

Five most commonly used in documents in shipping

1. Air WayBill
2. Ocean Bill of Loading
3. Certificate Origin
4. Documentary Credit
5. Commercial Invoice

FARAH NABILAH BINTI ABD MANAF

2016-09-24 15:59:58 UTC

(A16B0155)

Two difference between international trade and domestic trade

1)

na

2016-09-24 16:10:32 UTC

2016-09-24 16:10:33 UTC

2016-09-24 16:10:35 UTC

1.Discuss any two (2) differences between international trade and domestic trade.
1.CURRENCY
domestic trade,to a large extent involves the use of mainly local currency in trading, whereas international trade involves the

NADIAH

2016-09-24 16:10:38 UTC

FARAH NABILAH BINTI ABD MANAF

2016-09-24 16:37:13 UTC

(A16B0155)

Two difference between international trade and domestic trade

1) Rules and Regulation / Customs clearance

International trade is more complicated than domestic trade due to customs requirement. Especially when its come to document and processing. Example like when we want to export to Jeddah and all arab countries. The customs are really strict. They required certificate of origin with verification from inspection company and other documents required. If not complete, the cargo will not get permission to enter their country. Otherwise domestic trade still have their procedure but not strict as international trade as we all know product easy to enter and transfer.

2) Transport and insurance cost

International trade was involved in longer delivery time and it's take a long journey. Because of that we need insurance to cover up any circumstance. The transportation cost also will be higher more than domestic trade. In fact of that, the existance of incoterm are as guide for seller and buyer who will bear the cost. As example Seller who practise CIF, will cover insurance and freight, duty as arrive at port and other risks will be transferred to buyer.

5 commonly used documents in shipping

1) Airway bill

2) Bill of lading

3) Commercial invoice

4) Certificate of origin

5) Insurance certificate

Muhammad Azleysham Bin Abu Bakar

2016-09-24 16:38:42 UTC

(A16A04030)

a)Two different between international trade and domestic trade.

1)Curency
-International trade always involve the usage of multiple currencies. This situation forces either one of the countries or parties to accepts the usage of the agreed currency.
2)Difference in National Resources -Different countries are endowed with different type of natural resources. They tend to specialise, in the production of those commodities in which they are richly endowed and trade them with others where such resources are scare.

b)5 most commonlyused document in shipping.

i)Air Waybill
ii)Ocean Bill of Landing
iii)Certificate of Origin
iv)Packing List
v)Commercial invoice

SITI NUR SABRINA BINTI MOHD SAPARO

2016-09-24 16:38:57 UTC

A16A1031

State two difference between international trade and domestic trade.
1.Currency
-Domestic trade is free off restriction, as long 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.
-In international trade,through legal, certain goods can be subjected to certain restrictions such as embargoes and quotas.

2.Culture
-Domestic trade shows its easy to communicate because each one of them can speak same language and practice same culture.
-International trade shows communication challenges between them due to language and cultural barriers.

State 5 commonly used document in shipping
-Airwaybill (AWB)
-Ocean Bill of Lading (OBL)
-Certificate of origin(CO)
-Dock Receipt
-Commercial Invoicw

MUHAMAD ITHAR ASWAD BIN AZMI

2016-09-24 16:40:01 UTC

A16A0384

1. State two difference between international trade and domestic trade.
a) Currency
-International trade involve two or more countries which is using different currency while domestic trade occurs among the states in a country that using the same currency.

b) Languages barriers.
-International trade cause a lot of communications challenges due to different languages while domestic trade used the same language.

2. State five most commonly used documents in shipping.
a) Air waybill (AWB)
b) Ocean bill of lading (BL/OBL)
c) Certificate of origin (CO)
d) Dock receipt
e) Insurance certificate

NADIAH BT MOHAMED

2016-09-24 16:41:57 UTC

(A16A0450)
1.Discuss any two (2) differences between international trade and domestic trade.

1.CURRENCY
domestic trade,to a large extent involves the use of mainly local currency in trading, whereas international trade involves the use of foreign currencies. For example, U.S dollar is the standard currencyused in international trade.

2.LANGUAGE
Domestic trade uses same language but International trade have to face the communication challenges due to different language.

2. State any 5 most commonly used documents in shipping.

-air way bill(AWB)

-ocean bill of landing (BL/OBL)

-Insurance certificate

-packing list

-commercial invoice

LEE MEI LING1)Discuss any two (2) differences between international trade and domestic trade. a. Currency The international trade involved the using of multiple of currencies while domestic trade only using the same currency in one country. b.Availability of resources In the international trade, there are many kind of resources that can be exchange between different country whereas in domestic trade, only the original resources in local can be find and use. 2) State any five most commonly used document in shipping. - Air waybill (AWB) - Ocean bill of lading(BL/OBL) - Commercial invoice -Certificate of origin (CO) -Documentary credit

2016-09-24 16:58:19 UTC

KHARTHIYAYANI A/P RAVINTHER

2016-09-24 18:00:55 UTC

(A16A0259)

1) Discuss any two of differences between international trade and domestic trade.

a) Language and cultural barriers
- Domestic Trade : speak same language and practice the same culture
- International Trade : communication challenges due to the language and cultural barriers
b) Currency
-Domestic Trade : same type of currency used
- International Trade : different countries use different currencies

2) State any five most commonly used document in shipping.
-Ocean Bill of Lading (BL/OBL)
-Airway Bill (AWB)
-Certificate of Origin (CO)
-Commercial Invoice
-Documentary credit

VANEEDA RAYMOND

darshini_annamalai1496 — 2016-09-24 18:30:02 UTC

A16A111

NORHASNINA HANIS BINTI ZAKARIA

hanishasnina — 2016-09-25 04:07:37 UTC

A16A0571

1.Discuss any two (2) differences between international trade and domestic trade. (5marks)

a)AVAILABILITY RESOURCES
-domestic trade : we have lot of resources such as nature but we doesnt have the best technology to produce product
-international trade : they do not have lot of resources but their technology are very good to produce lot of product

b)CURRENCY
-domestic trade : involved the same currency
-international trade : lot of difference as example difference countries use difference currency

2.State any five (5) most commonly used documents in shipping.
- air waybill (AWB)
- ocean bill of lading (BL)
-certificate of origin
- packing list
- commercial invoice

HURAIRAH RANIAN SHAH BIN HARIS (A16A1191)

2016-09-25 04:15:22 UTC

1.Discuss any two (2) differences between international trade and domestic trade.

1.CURRENCY

Domestic trade, a large extent involves the use of mainly local currency in trading, however, international trade including the uses of foreign currencies. For example, U.S dollar is the standard currency used in international trade.

2.LANGUAGE
Domestic trade uses same language and have practice same culture but International trade have to face the communication challenges due to different language and cultural barriers

2. State any 5 most commonly used documents in shipping.
1-Air way bill(AWB)
2-0cean bill of landing (BL/OBL)
3-Insurance certificate
4-Packing list
5-commercial invoice

ROS AZWA BINTI HAMDAN (A16A0940)

2016-09-25 04:25:02 UTC

1.Discuss any two (2) differences between international trade and domestic trade.

1CURRENCY
Domestic trade: same type of currency used.
International trade: different countries used different currencies.

2.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 5 most commonly used documents in shipping.
1.air way bill (AWB)
2.commercial invoice
3.packing list
4.ocean bill of landing (BL/OBL)
5.dock receipt

SPENCER ANAK BEJIE

2016-09-25 05:18:46 UTC

(A16A1052)

1.Discuss any two (2) differences between international trade and domestic trade.
a)Language
-Domestic trade : Employee communication in a same language and practice same culture.
-International trade: Communication challenges due to language and cultural barriers.

b)Broader market
-Domestic trade : Limited market because just occur in a country.
-International trade : Broader market.

2.State any 5 most commonly used documents in shipping.
a)Ocean bill of landing(BL/OBL)
b)Air way bill (AWB)
c)Insurance certificate
d)Packing list
e)Commercial invoice

Pravina Thirunavukarasu

2016-09-25 05:35:30 UTC

A13A1036

1.Discuss any two (2) differences between international trade and domestic trade.

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)Movement Of Goods
Domestic trade: easier to move goods without much restrictions. Maybe need to pay sales tax and others
International Trade: Restricted due to complicated custom procedures and trade barriers like tariff, quotas or embargo

2. State any 5 most commonly used documents in shipping.

-insurance certificate
-packing list
-commercial invoice
-bill of lading
-air way bill

KASTHURI A/P ARUMUGAM

2016-09-25 05:46:37 UTC

A13A0302
1.Discuss any (2) differences between international trade and domestic trade.
a)Language
- Domestic trade uses same language and practice same culture but, international trade have to face the communication challenges due to different language and cultural barriers.

b) Availability of resources
- In international trade there are many kind of resources that can be exchanged between different countries whereas, in domestic trade, only the original resources in local can discovered and used.

2. State any (5) most commonly used in shipping.
a)Packing list
b)Dock receipt
c)Air way bill (AWB)
d)Commercial invoice
e)Ocean bill of landing (BL/OBL)

NUR FATIN SYAHIRAH BINTI ABU BAKAR

2016-09-25 07:30:10 UTC

A16A0670

1. Discuss any two differences between international trade and domestic trade.
a) Currency
Domestic trade: same type of currency used.
International trade: different countries used different currencies.

b) Legal System
Domestic trade: not subject to be control by external bodies.
International trade: controlled by certain external bodies which a country is a member.

2. State any (5) most commonly used documents in shipping.
a) Air Way Bill(AWB)
b) Ocean bill of landing (BL/OBL)
c) Certificate of Origin
d)Commercial Invoice
e)Insurance certificate

SITI MARDHIYAH BINTI MD SHKER

2016-09-25 07:35:01 UTC

A16A0992

1)discuss any two(2) differences between international trade and domestic trade.
-CURRENCY
domestic trade used same type of currency while international trade depends on country which was different countries used different currencies.
-LANGUAGES AND CULTURAL BARRIERS
domestic trade less challenging because they're using same language and practice same culture but different with international trade which is more challenging due to different language and different culture.

2)state any 5 most commonly used documents in shipping
-air way bill (AWB)
-commercial invoice
-packing list
ocean bill of landing (BL/OBL)
-insurance certificate

2016-09-25 11:40:30 UTC

Logistics assignment

MUHAMMAD HAFIZ BIN ASLAM

A16A0409

1.Discuss any two differences between international trade and domestic trade.

a) the use of different type of currencies

domestic trade use the same type of currency while international trade use different type of currency at different country.

b)language and cultural barriers

domestic trade use and speak the same language and practise same culture while international trade have communication challenges due to the different language and cultural barriers.

2.State any five most commonly used in shipping.

a)ocean bill of landing(BL/OBL)

b)dock receipt (D/R)issued

c)commercial invoice

d)certificate of origin(CO)

e)air way bill(AWB)

NURUL AIN BINTI HADI

ain_a16a0802 — 2016-09-25 13:45:59 UTC

(A16A0802)
1. Discuss any two differences between international trade and domestic trade.
i. culture
- domestic trade: speak same language and practice same culture
- international trade: communication challenge due to language and cultural barriers.
ii. currency
- domestic trade: same type of currency used
- international trade: different countries used different currencies
2. State any five most commonly used in shipping
i. air way bill (AWB)
ii. ocean bill of lading
iii. comercial invoice
iv. consular invoice
v. certificate of origin

SHARVENDHAR SELVAM (A16A0968)

2016-09-25 14:06:17 UTC

Two differences between International trade and domestic trade:
a) Currency
In domestic trade, companies wil be using local currency in their transaction meanwhile international trade is involve different currency in the transaction.
b) Cultural
In international trade, communication diffuculty happened due to different language used meanwhile domestic trade no communication diffuculty happened because the companies using language and culture particed. 2.State 5 most commonly used documents in shipping:
a)Air waybill
b)Ocean bill of loading c)Certificate of origin d)Documentary credit
e) packing list

PRABHU A/L SHAMUGAM (A16A0901)

2016-09-25 16:01:19 UTC

1) Discuss any two of differences between international trade and domestic trade.

a) Language and cultural barriers
- Domestic Trade : speak same language and practice the same culture in one country.
- International Trade : communication challenges due to the language and cultural barriers in different country.
b) Currency
-Domestic Trade : same type of currency used and same value.
- International Trade : different countries use different currencys and different type of values

2) State any five most commonly used document in shipping.
-Ocean Bill of Lading (BL/OBL)
-Airway Bill (AWB)
-Certificate of Origin (CO)
-Commercial Invoice
-Documentary credit

PARIMALA A/P THYAGARAJAN

2016-09-27 04:06:38 UTC

(A16B1347)
1)Discuss any two of differences between international trade and domestic trade.
i) Transport Cost
In international trade, the transport cost is a major marketing expenses, whereas domestic trade transport cost influences only to certain extent.
ii)Currency
International trade only use one currency system because its not involve with another country,but domestic trade will have a deal with two or more difference currency because its was involve many country.

2)State any five most commonly used in shipping
i) Ocean Bill Of lading (BL/OBL)
ii)Certificate of Origin (CO)
iii) Air waybill (AWB)
iv)Commercial Invoice
v)Dock receipt (D/R) issued

CHOO QING YI

qingyi_a16a1269 — 2016-09-27 16:19:43 UTC

A16A1269

1. Discuss any two differences between international trade and domestic trade.

Differences between international trade and domestic trade that is currency. For the domestic trade in currency there is used the local currencies in trading whereas international trade there is used difference currencies with difference countries.

Moreover , the difference between international trade and domestic trade that is culture. For the international trade , the trading will be using difference languages with difference countries whereas domestic trade is trading by using the same language.

2. State any five most commonly used in shipping
a. air waybill(AWB)
B. Ocean bill of lading (BL/OBL)
c. Commercial invoice
d. Packing list
e. Certificate of origin (CO)

NOR HAZIRAH BALQIS BINTI A RAMAN

2016-09-29 02:25:24 UTC

A16A1322

1. Discuss any two differences between international trade and domestic trade.
a) Mobility in factor of production
In international trade , mobility in factor of production is quite restricted, whereas domestic trade is free to move around factors of production like land, labor capital and entrepreneurship from one state to another.
b) Currency
In international trade, involves the usages of multiple currencies whereas domestic trade is same type of currency used in their transaction.

2. State any five most commonly used in shipping.
a) air waybill(AWB)
b) ocean bill of lading (BL/OBL)
c) packing list
d) documentary credit (DC)
e) commercial invoice

NURUL MAIZA OTHMAN

2016-09-29 02:29:12 UTC

A16A1342

1) Discuss any two differences between international trade and domestic trade

Border Trade

Domestically, it is limited within the country and not beyond the boundaries .Meanwhile, international trade occurs outside the country's borders and trade involving more than two countries.

The currency used

For domestic trade, it involves the use only one type of local currency .For international trade, it involves the use of foreign currency

2) State any five most commonly used in shipping
a. air waybill(AWB)
B. Ocean bill of lading (BL/OBL)
c. Commercial invoice
d. Packing list
e. Certificate of origin (CO)

Norfasihatul Husna Binti Walad

2016-10-01 04:44:00 UTC

A16A1326
1) Discuss any two differences between international trade and domestic trade.
i. Activity
Activities international trade include import, export and intreport. Import bring in (workers, etc.) from a foreign country for use, sale, processing, or services. Export are send (institutions, etc.) to another place, especially to another country. Lastly, intreport a commercial center where goods are received for distribution, transshipment, or repackaging.
Domestic trade is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail. Wholesale trade is concerned with buying goods from manufacturers or dealers or producers in large quantities and selling them in smaller quantities to consumer. Retail trade is buy from operators or manufacturers in large quantities and sell to retailers in bulk.
ii. Mobility
International trade used a ship or airplane because Its activities across national borders. But, mobility in domestic trade is by the train, truck and van because all activities are carried out in the country only.

2) State any five most commonly used in shipping:
i. air waybill (AWB)
ii. ocean bill of lading (BL/OBL)
iii. packing list
iv.commercial invoiced
v. certificate of origin

INDHUBARATHI A/P GUNASEELAN

2016-10-01 08:58:26 UTC

(A16A0225)
1. Discuss any two differences between international trade and domestic trade.
i) currency - Internatinal trade always involves the usage of multiple currencies. This situation forces either one of the countries or parties to accept the usage of the currency.
ii) legal system - The legal system is different fron one country to another. Malaysia is influenced by English laws.
2. State any five most commonly used in shipping.
a) Air waybill (AWB)
b) Ocean bill of danding (BL/OBL)
c) Certificate Of Origin (OC)
d) Commercial invoice
e) Packing list

SITI NUR SHAFIKAH AINI BT SABRI

2016-10-06 01:12:22 UTC

(A16A1358)
1. Discuss any two differences between international trade and domestic trade.
a) different curriencies.
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.
b) transport and insurance costs.
Then costs of transport and insurance also check- free international trade. The greater the distance between the two countries, the greater are these costs. Wars increase them still more.
2. State any five most commonly used in shipping.
a) Air waybill(AWB)
b) Ocean bill of landing (BL/OLB)
c)Certificate of Origin(OC)
d)Commercial invoice
e) packing list

NUR AKMA SHAFIKAH BINTI MOHD AZHAR

fikahazuhar96 — 2016-11-03 07:57:32 UTC

A16A1331

1. Discuss any two differences between international trade and domestic trade

1.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. But, international trade are quite restricted
2.Movement Of Goods
Domestic trade is easier to move goods without much restrictions. Maybe need to pay sales tax,etc. But, international trade are restricted due to complicated custom procedures and trade barriers like tariff, quotas or embargo

2. State any five most comonly used in shipping

a) Packing list
b) Commercial invoice
c) Certificate Of Origin (OC)
d) Ocean bill of danding (BL/OBL)
e) Air waybill (AWB)