II. Translate the following phrases into Chinese: (10%)
16.most-favored nation treatment
17.trade surplus
18.hard currency
19.merger of banks
20.liquid assets
21.a hermit nation
22.trade negotiation
23.at a rough estimate
24.Chinese Export Commodities Fair
25.foreign exchange reserves
III. Translate the following phrases into English:(10%)
26.独家经销合同
27.经常项目
28.清算协议
29.人均收入
30.无壁垒市场
31.双重税
32.房地产
33.试销
34.知识产权
35.商业周期