Professional Documents
Culture Documents
EVIDENCIA 5
SUMMARY “EXPORT-IMPORT THEORY”
CLAUDIA ROBAYO G
Export-Import Theory1
Ownership structure
Sole proprietorships
1
Belay, S. (2009). Export-Import Theory, Practices, and Procedures. (2a ed.). New York: Routledge.
A sole proprietorship is a firm owned and operated by one individual. No
separate legal entity exists. There is one principal in the business who has
total control over all export-import operations and who can make decisions
without consulting anyone. The major advantages of sole proprietorships
are as follows:
What legal form affords the most advantageous tax treatment for the
business concern and individual entrepreneurs?
Which legal structure is easy and less expensive to establish and subject
to a low degree of government regulation?
o Which legal structure is the most appropriate in light of the goals and
objectives of the export-import business? (Belay, 2009).
2. Elabore una lista de vocabulario sobre el texto, mínimo de 15 palabras y escriba
su respectivo significado en inglés.
VOCABULARIO SIGNIFICADO
Advantages: Circumstance or situation that Ventajas: Circunstancia o situación que da
gives superiority in something. superioridad en alguna cosa.
Disadvantages: Circumstance of being worse Desventajas: Circunstancia de ser peor o estar
or being in a worse situation one thing with en peor situación una cosa respecto a otras de
respect to others of the same nature with which la misma naturaleza con la que se compara.
it is compared. Less favorable situation in Situación menos favorable en que se halla una
which a person or thing is with respect to persona o cosa respecto a otras con las que
others with which it is compared se compara.
Attorney: Person legally authorized to advise Abogado: Persona legalmente autorizada para
and defend the rights and interests of another asesorar y defender los derechos e intereses
person in legal matters and represent it in a de otra persona en materia jurídica y
lawsuit. representarla en un pleito.
Without: Indica falta o carencia de alguna cosa Sin: Indicates lack or lack of something
material o inmaterial material or immaterial.
Proprietorships: Property rights In the right, the Propietarios: Derecho de propiedad, en el
domain or property, is the direct and immediate derecho, el dominio o propiedad, es el poder
power over an object or good, by which is directo e inmediato sobre un objeto o bien, por
attributed to its owner the ability to dispose of la que se atribuye a su titular la capacidad de
it, without further limitations than those disponer del mismo, sin más limitaciones que
imposed by law. las que imponga la ley
Returns: The return is the act of giving Devoluciones: La devolución es el acto de
something back to someone. It is a process entregar algo nuevamente a alguien. Es un
that is based on a right of possession of a proceso de se sustenta en un derecho de
certain person with respect to a certain good posesión de una determinada persona con
that was delivered with some type of specific respecto a un determinado bien que fue
objective entregado con algún tipo de objetivo
específico.
Applied: That puts effort, interest and Aplicado: Que pone esfuerzo, interés y
perseverance in the accomplishment of a work constancia en la realización de un trabajo o en
or in the development of an activity, especially el desarrollo de una actividad, en especial en
in the study el estudio.
Loans: A loan is an operation by which a Prestamos: Un préstamo es una operación por
financial institution puts at our disposal a la cual una entidad financiera pone a nuestra
certain amount of money through a contract. disposición una cantidad determinada de
dinero mediante un contrato
Skills: The ability is the innate aptitude, talent, Habilidades: La habilidad es la aptitud innata,
skill or ability that a person holds to carry out talento, destreza o capacidad que ostenta una
and of course with success, certain activity, persona para llevar a cabo y por supuesto con
work éxito, determinada actividad, trabajo
Losses: Small amount of blood or discharge Pérdidas: Cantidad pequeña de sangre o flujo
from the womb that is abnormally expelled procedente de la matriz que se expulsa
outside of the menstrual period. anormalmente fuera del período menstrual.
Upon: Heritage prefix of Latin origin that enters Sobre: Prefijo patrimonial de origen latino que
the formation of names with the meaning of entra en la formación de nombres con el
'above', 'besides' significado de ‘por encima de’, ‘además de’
Judgment: Faculty of understanding, by virtue Juicio: Facultad del entendimiento, por cuya
of which man can distinguish good from evil virtud el hombre puede distinguir el bien del
and true from false. mal y lo verdadero de lo falso
Income: Amount of money earned or collected Ingresos: Cantidad de dinero ganada o
recaudada.
Little: That has a smaller size than normal Pequeño: Que tiene un tamaño menor de lo
normal
Sole: It applies to one or several things of Único: Se aplica a una o varias cosas de las
which or of whose species there are no others. cuales o de cuya especie no hay otras.
How to carry out an export and import business, in different forms of commercial
organizations since the director controls all export and import operations, where
the sole proprietors are simple and low in cost and make all the decisions in front
of the business. Individual companies are governmental and have a lower rate than
the tax rate, thus carrying the responsibility of the business Knowing well that each
legal form in which the company has its legal bases will apply different processes
why you should know what you should apply to have greater knowledge and not
have legal consequences in the environment even with a single administrator or
boss immediately co-author all the legal health and tax aspects for a better export
or import in order to provide the company with better quality and good recognition
at the international level and to conquer or reach large countries for its advertising
and industry growth