专业英语阅读(国贸专业)课程作业(A).doc

专业英语阅读（国贸专业）课程作业（A） 浙江外国语学院国际工商管理学院 教师 刘钢 I. Translate the following economic terms.（×10=20 points） （i） From English into Chinese：? 　　. credit crunch? 信贷危机 　　. liquidity? 流动性 　　. junk bond 垃圾债券 　　. laissez-faire 自由放任 5. convertible currency 可兑换货币 （ii） From Chinese into English：? 　　. 外国直接投资?　　. 资产负债表 balance sheet 　　. 微型萧条 mini-depression 　　. 要素禀赋 fact endowment 　　1. 自愿出口限制 VERs(Voluntary Export Restraints) Ⅱ. Fill in each of the following 10 blanks with an appropriate word（Choose 10 words from the given 12 words in the box, but each word can be used only once.）(2×10=20 points) import other production export profitable have emphasizes but absolute than efficiency theory International trade is often explained by the theory of comparative advantage, also called the comparative cost theory. This (1)_ theory was developed by David Ricardo, John Stuart Mill, and (2) other _ economists in the nineteenth century. The theory (3)_ emphasizes that different countries or regions have different (4) absolute _ possibilities. A tropical climate is better suited for growing bananas (5) than _ a cold one. A country like Norway could produce bananas in hot houses, (6) but _ it is cheaper for Norway to (7) import _ bananas than to produce them. Thus, climate establishes a trade pattern between a northern and a southern country. In other cases the availability of natural resources may be a trade factor. The theory of comparative cost points out that trade between countries can be (8) profitable _ for all, even if one of the countries can produce every commodity more cheaply. As long as there are minor, relative differences in the (9) efficiency _ of producing a commodity, even the poor country can (10) have _ a comparative advantage in producing it. III. Mark the following 20 statements T (True ) or F (False ) according to the information provided in the given text.（0 points） The development of modem nationalis