Otras evidencias - Elena Menchero
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Welcome to the first in this series of videos on the module of International Digital Trade,
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which belongs to the second year of the vocational training cycle Higher Technician
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in International Trade. In this first didactic unit, Introduction to International Digital Trade,
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Context and Institutions, we intend to give a general vision of the characteristics of the
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international digital trade and the great amount of opportunities it offers in the process of
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internationalizing the company. In this way, an overview on the opportunities and features of
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international digital trade will be given, as well as a visit through the web pages of the
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most representative institutions, where we will see how to obtain some information that helps us
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make decisions on exporting. During the last decades, the world has been experimenting with
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lots of changes at a very high speed. New realities displace one another with almost
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no time for society to get used to and familiar with the previous ones, or to make the most of
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their profitability. Success will happen to those individuals and businesses who are able to foresee,
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adapt, and prepare themselves for the next change that, no doubt, will happen before expected.
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From the point of view of international trade, two factors in the future development of businesses
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should be pointed out. The first one is globalization, the term that the Spanish
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Royal Academy defines as the process through which economies and markets, together with the
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development of the communication technologies, acquire a worldwide dimension, so that they
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increasingly depend on external markets. The second one is the generalization of information
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and communication technologies, and their expansion as a force behind international
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transactions. The interconnection of international markets and the generalization of the use of
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technology mean a great market opportunity, an obvious opportunity for the company's
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internationalization, and, therefore, for the international digital trade field.
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The internet makes it possible to move from a traditional trade model to a virtual one,
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in which we can carry out the same actions taken in any decision-making process for purchases
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with no need to move or to consider timetables and with increasing security
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digital or electronic trade comprises those economic transactions carried out through the
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internet it has its own features taking into account the separation in space and time existing
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between the buyer and the seller they are availability from anywhere at any time global
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range by offering products in international markets, saving costs by reducing the number
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of intermediaries, impossibility to touch or try a product. Thanks to the development of the
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international digital trade we can get to know the potential of foreign markets, reach our target
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audience more directly and personally and, consequently, we can grow as a company at an
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international level. In any case, we must always consider that an electronic sale to a third-party
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country is an export, therefore it will be essential to become informed about the applicable
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law in the destination country, according to the type of product. Generally, a series of questions
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may arise when considering exportation of a product. Does my product have potential in
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foreign markets? In which ones? Should I adapt it? How can I reach my clients, international fairs,
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direct or reverse trade missions, or online marketing actions? Can I finance the export?
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Where can I find aid, maybe in the official credit institute, foreign trade institute, in the Spanish Chamber of Commerce, or through crowdfunding campaigns?
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Are there any barriers to exporting or duties in the destination country?
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What is the required documentation in the destination country?
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Which transport documents should I use?
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should i use digital media will allow us access to information and institutions in order to answer
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most of these questions by significantly reducing the time and the costs to get those answers
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the internet will allow the exporter to obtain information training and help in three big areas
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information search for potential markets entry barriers aid product promotion potential
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distributors, etc. Communication, through digital communication media which, as we will see later,
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can be owned, paid and earned, web page, social media like Facebook, Instagram and LinkedIn,
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blogs, forums. Commercialization through the strategy of e-commerce at an international level.
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In this context there exist some international and national bodies that the exporting company
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must know. The entities with supranational character are, World Trade Organization,
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United Nations Conference on Trade and Development, Organization for Economic Cooperation and
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Development, International Chamber of Commerce.
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The entities with national character are, Secretary of State for Trade, Spanish Institute
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for Foreign Trade, Chambers of Commerce Industry and Shipping.
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Let's get to know each of them in greater detail and the possibilities they offer, the
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World Trade Organization is the international organization in charge of the rules
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that regulate trade among countries. The agreements made by the WTO have been negotiated and signed
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by most of the countries that take part in world trade with the aim that trade exchanges
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are made as fluently, predictably, and freely as possible. The World Trade Organization
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offers interesting possibilities when analyzing export markets. In the statistics section
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we will find quantitative information related to economic and commercial policies in the economic
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studies and analysis section there is research on lots of topics of interest and in the section of
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publications there are commercial profiles of the countries which contain information on imports and
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exports or products and services as well as the activity of the country in the management of
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patents and brands. Educational resources such as videos and documents can also be found.
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UNTACT is the main body of the United Nations for Trade and Development.
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For the exporter, the statistics part is especially interesting. It contains data,
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country profiles, both general and specific to the situation of maritime transport,
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and infographics that we can find useful when creating a presentation in a more visual way.
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let's move to the data section because here it is very interesting that the data can be exported
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we can screen data according to the factors we are interested in as a sample we can go to trade
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structure and generate a matrix from the year 2016 to the year 2021 and we can filter later
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through aspects such as geographical areas or a specific country if we select individual economies
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Also, if we want some information on imports or exports, or on the years we are interested in.
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If we want to save this information, we can export the table.
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Another filter that can be interesting is type of product.
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Here it can be seen that we can even search for a specific type of product.
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I'm going to introduce, for instance, women's clothes,
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and the table will be displayed again with those updated data.
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Let's visit the Organization for Economic Cooperation and Development,
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whose goal is to promote policies that favor prosperity, equality, opportunities, and
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well-being. In the homepage, we can find relevant news on different topics, many of them about
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international trade. In the countries section, we can find information that helps us make decisions
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when exporting to a specific country. For instance, if we do some research on Australia,
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we will see that there are plenty of economic data, statistics, indicators,
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and predictions about trade that can help us decide if it is a good target country for our products.
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International Chamber of Commerce. This is an international body that promotes the opening
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of international trade and investment as well as a market economy. The inquiries section can
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be highlighted. There, we can either make an inquiry ourselves or revise inquiries by other
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users either on Inca terms or banks, insurances and payment methods. As national institutions,
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the Secretary of State for Trade stands out primarily. It is part of the Ministry of Industry,
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Trade and Tourism. As you can see, there is a menu on the left where we can find statistics,
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publications and reports as we have seen on the other sites. There is also a section for AIDS,
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international fairs, and awards. If we look at the internationalization strategy.
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Part, the section countries with strategic sector performance or PACE is especially useful.
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There, we will find a selection of 12 countries with a strategic performance in certain fields,
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with potential for Spanish companies. If we click on Brazil, for example, we will see why it is
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interesting to invest there for spanish companies what are the spanish trade relations like the
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strategic sectors and the planned actions the spanish institute of foreign trade also dependent
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on the ministry of industry trade and tourism has the mission of promoting companies competitiveness
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if we surf its website the first thing we find is the possibility to access information either
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through sectors or through countries if we go to the field of non-alcoholic beverages for example
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and we click on search, will be shown the events that are currently open for enrollment.
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If we go to all our services, we'll see all supporting programs and services,
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the funding for internationalization, and business opportunities. There is also a section for new
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exporters where programs and supporting services are offered to companies that want to start
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exporting. In the training and education section, virtual classroom, there is a quite original space
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called tips where through videos we will be given some tips on how to export to and negotiate with
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different countries the spanish chamber of commerce the spanish chamber of commerce through
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its network of official territorial chambers of commerce is in charge of supporting spanish
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companies as far as foreign trade is concerned we count on the program of international expansion
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for smes spanned and on business cooperation committees there are two other relevant entities
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for exporters whose aim is to facilitate that companies interested in exporting can find all
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the necessary information very visually in one single website. The ITC or Intrasyn is a joint
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body from the World Trade Organization and the United Nations. Its main goal is to help companies
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from developing countries to become more competitive in the global market and to accelerate
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their economic development. On the other hand, the Global Trade Help Desk is an initiative from
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several agencies whose objective is to simplify the market research for companies, especially for
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micro, small, and medium-sized companies, through the integration of commercial and business
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information in one single website. We will delve into both entities in subsequent videos.
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- Subido por:
- Elena M.
- Licencia:
- Reconocimiento
- Visualizaciones:
- 6
- Fecha:
- 8 de agosto de 2023 - 11:23
- Visibilidad:
- Clave
- Centro:
- IES CIUDAD ESCOLAR
- Duración:
- 11′ 16″
- Relación de aspecto:
- 1.78:1
- Resolución:
- 1920x1080 píxeles
- Tamaño:
- 257.24 MBytes