三、 将下列词组译成英文(本大题共10小题,每小题1分,共10分)
26. 供应过剩 27. 收盘价
28. 初级产品 29. 市场份额
30. 双边条约 31. 产地证明书
32. 中国出口商品交易会 33. 资本货物
34. 优先权 35. 直接投资
四、简答题(本大题共6小题,共18分)
Passage 1
In 1961, when Gen. Park Chung Hee seized power in a military coup, yearly per capita income hovered at a bare-bones $100. Park committed Korea to exporting its way out of poverty, and his strategy was as simple as it was effective: shower the country’s fledging conglomerates with huge subsidies, government-based loans and official favors and turn them into the world’s suppliers of bargain-basement textiles, footwear and light industrial goods.
The results have been dazzling. For two decades, Korea has sizzled along at an 8 per cent annual growth rate. Exports have surged from $119 million in 1964 to $29 billion last year. Per capita income, now $2,000, could reach $5,000 by the end of the century. Korea boasts a literacy rate of 95 per cent, a standard met by only a few of the most advanced Western nations. The once provincial capital of Seoul teems with energy and sophistication.
36. What do “hover” and “bare-bones” mean in the passage?
37. Which countries in the world besides Korea have a literacy rate of 95 per cent?
38. In what sense is the underlined word “sophistication” used here? What might it refer to specifically and what does it have to do with energy?
Passage 2
International trade by barter is, in fact, an inefficient and expensive means of doing business compared to trading with money. Observes David Yoffie, “To cover the additional costs it incurs in handling goods it is forced to take in countertrade, a multinational company simply boosts the price of the goods it sells.” Yoffie sees countertrade as a form of protectionism. “It can help one group and hurt another,” he says.
On the other hand, Daniel Cecchin, director of Countertrade Services for Bank America World Trade Corp., asserts that the rise of countertrade provides practical solutions to the debt problems of the international monetary system.
39. What is the meaning of “barter” in its traditional form?
40. In what sense is countertrade seen as a form of protectionism?
41. According to Cecchin, what is the benefit of countertrade?