7) To sustain their present standards of living, you have to bring their income into line with rising prices.
8) This country has a great advantage over its neighbors in terms of the financial and technological resources needed to achieve the dual goal of economic prosperity and cleaner environment. 9) During the economic recession, the outlook for job opportunities was bleak.
10) Should our negotiation with the agency break down, we’ll consider setting up our own retail outlets.
5. 1) economies 2)accompanied 3)run-ups 4)crashes 5)pose 6)intervention 7)variety 8)within 9)extent 10)under 11)distinguish 12)fundamentals
Chapter 7
3.Phrase Translation: 1)
competitive edge 竞争优势 breach of contract 违反合同
convertibility of profit 收益的可兑换 financial instruments 金融工具 currency conversions 货币转换 financial hedges 金融避险
cost-benefit analysis 成本效益分析 record-high 破纪录的高点 a vested interest 既得利益 in its infancy 初级阶段 2）
新兴市场 emerging markets 金融危机 financial meltdown 民间暴乱 civil disturbance 股票价格 share prices 风险溢价 risk premium 政治周旋 political spin
平衡竞争环境 level the playing field 利害关系 have a stake in 数据采集 data-mining 博弈论 game theory 4.
1)The advantages of the establishment of legal framework far outweigh its disadvantages because it guarantees private property rights for citizens as the rights of foreign entities to purchase and sell businesses within the country.
2. The government seeks ways to accelerate its bid to enter the World Trade Organization and promises to honor the commitment.
3. According to the United Nations Conference on Trade and Development, India attracted $16.9 billion in foreign direct investment inflows in 2006, which is equivalent to a 153% increase from the previous year.
4. There are signs that the market could open up in the near future and more foreign entities will
have a stake in the international business.
5. The practices of foreign companies must be consistent with international standards following the 1999 Trademark Act that protected foreign trademarks and service marks.
6. As of January 1, 2008, both domestic and foreign-funded enterprises will be subject to a 25% statutory rate.
7. Even before they reached the bilateral free-trade agreement in 2009, trade talks had already gained more and more favor with the Mexicans.
8. Germany’s anti-monopoly law, adopted voting on August 30, renders those foreign mergers and acquisition against national security infeasible.
9. China allows for full profit repatriation and since the mid-1990s, foreign investors have broadly had free access to foreign exchange.
10. Instead of engaging in endless talks that amount to little more than arguments for the lion’s share of profit, both sides need to size up the current situation.