Trading globally gives consumers and countries the opportunity to be
exposed to new markets and products. Almost every kind of product can be
found on the international market: food, clothes, spare parts, oil,
jewellery, wine, stocks, currencies and water. Services are also traded:
tourism, banking, consulting and transportation. A product that is sold
to the global market is an export, and a product that is bought from the global market is an import. Imports and exports are accounted for in a country's current account in the balance of payments.[citation needed]
Industrialization, advanced technology, including transportation, globalization, multinational corporations, and outsourcing
are all having a major impact on the international trade system.
Increasing international trade is crucial to the continuance of
globalization. Without international trade, nations would be limited to
the goods and services produced within their own borders. International
trade is, in principle, not different from domestic trade
as the motivation and the behavior of parties involved in a trade do
not change fundamentally regardless of whether trade is across a border
or not. The main difference is that international trade is typically
more costly than domestic trade. The reason is that a border typically
imposes additional costs such as tariffs, time costs due to border delays and costs associated with country differences such as language, the legal system or culture.
Another difference between domestic and international trade is that factors of production such as capital and labor
are typically more mobile within a country than across countries. Thus
international trade is mostly restricted to trade in goods and services,
and only to a lesser extent to trade in capital, labor or other factors
of production. Trade in goods and services can serve as a substitute
for trade in factors of production. Instead of importing a factor of
production, a country can import goods that make intensive use of that
factor of production and thus embody it. An example is the import of
labor-intensive goods by the United States from China. Instead of
importing Chinese labor, the United States imports goods that were
produced with Chinese labor. One report in 2010 suggested that
international trade was increased when a country hosted a network of
immigrants, but the trade effect was weakened when the immigrants became
assimilated into their new country.
International trade is also a branch of economics, which, together with international finance, forms the larger branch called international economics.
Well-conducted, and with good health status.
1. Application Form
Please upload your finished application form here.
2. Health certificate
Photocopy of notarized foreigner physical examination record (for durations of study over 6 months)
3. Photocopy of valid passport
With name, passport number & expiration date, and photo included
4. Passport photo
A recent passport-sized photo of the applicant
5. Undergraduate school transcript
6. Bachelor's degree diploma
Graduation
certificate in languages other than Chinese or English should be
translated into Chinese or English and be certified by notarization.
7. Two letters of recommendation
From professor or associate professor or equivalents
Answer: ACASC charges a service fee of 50$ for using its online application portal. Applying through ACASC into Chinese universities attracts a service fee of $50.
Answer: Yes. ACASC gives the applicants, the chance to directly apply to their desired universities through our online application portal. We have synchronized our system to create a simple platform that connects universities and colleges in China to international students all around the world.
Answer: To track the application status, please log in your ACASC personal account. Whenever there’s an update, you will be informed on your application status through ACASC system within a day as soon as we receive university’s notification. You will simultaneously receive ACASC auto-email about the application status. To directly inquire about your application status, feel free to send us an email to admission@acasc.cn and our team will keep you updated.
Answer: When an application is pending a decision it means that your school has received it and no admissions decision has been made yet. The admissions office may have reviewed your application package or may not have.
The main cause of a pending application is usually incomplete application documents. As a result you will be requested by the school’s admission office to re-check and modify all submitted application documents or perhaps even add extra documents and then re-submit them.
To avoid further delays, carefully read the university’s comments, modify your application form on ACASC, and re-upload the required application documents. You can contact ACASC on admission@acasc.cn for any help with regards to your pending application
Processing time varies for different applications. For example to process a degree program application requires more time than a Chinese language application. Confirmation for Chinese language application by the admission office usually takes 2 to 4 weeks. However, time for degree programs application differs. For example fall semester application processing is after March, and it takes a period of 1 to 2 months. This also depends on your qualification and the number of applicants.
