Welcome to Francis Academic Press

International Journal of Frontiers in Sociology, 2021, 3(18); doi: 10.25236/IJFS.2021.031805.

Research on International Trade Countermeasures of Small and Medium-sized Enterprises -- Taking Export to Australia as an Example

Author(s)

Junbo Chen1,2,3, Wenxue Dong3, Qiuhong Chen3, Deyao Zheng3,4, Jianfeng Li3

Corresponding Author:
Wenxue Dong
Affiliation(s)

1Nankai University, Tianjin, China

2Flinders University, Adelaide, Australia

3Cavite National University, Indang, Cavite, The Philippines

4Ningde Normal University, Ningde, China

Abstract

This paper mainly study the trade status of a typical small and medium manufacturing enterprise in China--ABC Shoes Co. Ltd, and the benefits of doing international business, analyzes the advantages and disadvantages of the company in carrying out international trade business with SWOT analysis method, selects the target market for the company, lists the various risks that may occur in international trade, puts forward feasible countermeasures and suggestions on how to avoid export trade risks, in order to reduce the probability of risk occurrence and promote the healthy development of enterprises.

Keywords

Small and medium-sized enterprises (SMES), International Trade, Countermeasure research

Cite This Paper

Junbo Chen, Wenxue Dong, Qiuhong Chen, Deyao Zheng, Jianfeng Li. Research on International Trade Countermeasures of Small and Medium-sized Enterprises -- Taking Export to Australia as an Example. International Journal of Frontiers in Sociology (2021), Vol. 3, Issue 18: 34-42. https://doi.org/10.25236/IJFS.2021.031805.

References

[1] Wu Jiangong, ‘On the Cultivation of Risk Prevention Ability of International Trade’, Higher education BBS, no.12, 2009, pp.12-16.

[2] Liu Dingyou, ‘Establishing the Awareness of Credit Investigation to Avoid International Trade Risks’, Theory guide, no.9, 1998, pp.16-18.

[3] Wen Li, ‘Risk and Prevention of Letter of Credit in China's Foreign Trade Export’, International Business Journal, 13 April 2007.

[4] Zhang Li, ‘Exporters Should Beware of Soft Terms’, Journal of Public Business Information, 10 June 2005.

[5] Liu Shunian and Wen Xiaofang, International Finance, University of International Business and Economics Press, Beijing, 2012, pp.149-178.

[6] Li Lifen, ‘How Foreign Trade Enterprises Use Financial Derivatives to Avoid Foreign Exchange Risk’, Enterprise Research, no.2, 2013, pp.159-160.

[7] Zhang Yuanping, Financial Derivatives Course, Capital University of Economics and Business Press, Beijing, 2011, pp.20-49.

[8] Wu Lei, ‘Risk and Prevention of Contract and Bill of Lading in Maritime Transport’, Foreign Trade and Economic Cooperation, no. 1, 2013, pp.104-105.

[9] Jerry Miccolis and Samir Shah, ‘Enterprise Risk Management:An Analytic Approach’, Parsippany, New Jersey, 2000, pp.1-12.

[10] Jarrow, R. A. and Turnbull, S. M., ‘the Intersection of Market and Credit Risk’, Journal of Banking and Finance, no.24, 2000, pp.271-299.

[11] Ronald Abran, Fundamentals International Business Transaction, Kluwer Law International, Hague, 2000, pp.56-63.

[12] Scordis and Nicos, A., ‘Integrated Risk Management’, The Journal of Risk and Insurance, no. 4, 2000, pp.667-668.