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综合试题综合试题1 ITranslate the following words and expressions (10%) () From English into Chinese 1. manufactured goods 制成品 2. protectionist measures 保护主义措施 3. Securities exchange 有价证券交易 4. comparative 比较 5. Gross National Product 国民生产总值 () From Chinese into English 6. 最惠国待遇 most favored nation treatment 7. 宽限期 grace period 8. 不可以撤销信用证 irrevocable letter of credit 9. 运输单据 document of carriage 10. 金边债券 gilt-edged stocks. Match the words and expressions on the left with the explanations on the right (5%) 11. compulsory a. policy to restrict imports ( d ) 12. trade barriers b. unit cost getting low with the increasing of quantity. ( a ) 13. specialization c. products produced with efficiency ( c ) 14. trade terms d. something must have be done ( e ) 15. economics of scale: e. trade rules set by ICC ( b ). Make brief explanations of the following terms in English (20%)16. quota A quota limits the imports or exports of a commodity during a given period of time . 17. PPPpurchasing power parity18. deregulationRemoving regulations from sth.19. infrastructure The basic facilities, cervices, and installations needed for the functioning of a community or society, such as transportation and communication systems, water and power lines, and public institutions including schools, post offices ,and prisons.20. indemnity Compensation for loss. Fill in each of the following blanks with an appropriate words (10% )Differs, Which, predecessor, mechanism. In one words, one, permanent, services, settle , World Bank Instead of being a mere replacement of GATT, the WTO 21differs from its22predecessor in several prominent dimension. Firstly, as the name suggests, he GATT is only an agreement, or more exactly an interim secretariat, 23rather than an organization entity in the true sense, while WTO is a full-fledged 24permanent organization. Secondly WTO has a much broader mandate promoting trade liberalization of goods and 25 services. Thirdly, the WTO has established far greater enforcement powers to 26 settle trade frictions among member countries, 27 which is called dispute settlement 28 mechanism. WTO has become 29 one of important three international economic organizations. The others two are 30 World Bank and International monetary Funds. Translate the following into English (25%)31. 及时库存制源于日本,现在已经被很多国家企业采纳。In time inventory system originated in Japan, now has been adopted by many national enterprise.32. 国际贸易中常见的运输方式有水路、铁路、公路、管道及航空运输。Common mode of transportation including waterways , railways , highways , pipelines and air transportation in international trade. 33. 证劵所起着两种作用,它既是长期资本的融资市场,又是各类投资证劵的交易市场。 Securities that plays two roles, both as long-term capital financing market , but also all types of investment securities trading market. 34. 强制性的自动补偿措施是联合国贸易与发展会议解决发展中国家贸易条件恶化的重要方案。Automatic compensation measures are mandatory United Nations Conference on Trade and Development deteriorating terms of trade of developing countries to solve an important program . 35. 外汇汇率有三种形式,即买入价、卖出价和中间价格。Foreign exchange rates , there are three forms, namely buying price and selling price and the median price. Translate the following into Chinese (15%)36. Economic globalization means the world is moving away from self-contained national economies toward an interdependent, integrated global economic system. There exist many reasons for it: firstly, government deregulations and falling trade barriers make it easier to sell internationally, secondly, the tastes and preferences of consumers are converging on some global norm, thirdly, the dramatically rapid development of information technology is also an imperative driver. Economic globalization has two facets, one is globalization of production, the other globalization of market.经济全球化意味着世界正在从自给自足的国家经济转向相互依存和集成的全球经济体系。这种情况的出现存在着很多的原因:首先,政府管制放松及贸易壁垒的减少是它很容易出现国际化,第二是消费者的品味和喜好放在了全球规范上,第三,信息技术的快熟发展也是一个重要的驱动。经济全球化主要表现在两个方面,一方面是生产的全球化,另一方面是市场的全球化。. Answer the following questions in English (15%) 37.what is the theory of absolute advantage .he theory of absolute advantage holds that a commodity will be produced in the country where it costs least in terms of resources ( capital ,land ,and labour ). 38. What is the Brentton Woods System.The Brentton Woods Conference established a US dollar based gold standard. Because of the dominating economic and political influence of the United Stated, the dollar replaced the sterling as the major vehicle for international settlement. Though all the Brentton Woods participants agreed to peg their currencies to gold , only the United States pledged to redeem the dollar for gold at the request of the central bank of a foreign country . Under the new fixed exchange rate system , each participant promised to maintain the par value of its currency , allowing a fluctuation of only one percent.综合试题2ITranslate the following words and expressions (10%) () From English into Chinese 1. Gross Domestic Product 国内生产总值 2. Non-discrimination principle 非歧视原则 3. option 4. EDI 5. port of destination 目的港 () From Chinese into English 6. 提单 bill of lading 7. 非关税壁垒 non-tariff trade barriers 8. 外汇管制 9. 贸易术语 tread terms 10. 反倾销 anti-dumping. Match the words and expressions on the left with the explanations on the right (5%) 11. purchase power a. gain from providing license service ( d ) 12. integration b. non-tariff trade barriers limiting imports ( c ) 13. patent c. more interdependent of an activity ( a ) 14. royalty d. the ability to buy products ( e ) 15. quota e. intellectual products such brand. ( b ). Make brief explanations of the following terms in English (20%)16. Letters of Credit Letters of credit is often shourened as L/C or L.C.and is sometimes referred to as “bankers commercial letter of credit”, “bankers credit”, “commercial credit” or simply “credit”.17. arbitrationSettlement of a dispute by the decision of someone chosen as a judge by both sides 18. BOTBOT is a popular variant of the turnkey project where Bstands for build ,O for operate and Tfor transfer. For a BOTproject ,a firm operate a facility for a period of time after building it up before finally it to a foreign company.19. Bill of LadingBill of lading is one of the most important documents and has three major functions:1.It serves as a cargo receipt signed by the carrier and issued to the shipper or consignor;2.It constitutes a contract of carriage between the carrier and the consignor;3.It is a document of title to the goods,and the legal holder of the bill of lading is the owner of the goods it covers.20. free trade areaMembers of a free trade area removes barriers to the flow of goods and services among themselves while each member still adopts its own policy as regards to tread with outsiders. Fill in each of the following blanks with an appropriate words (10% ) Counterparts, competition, challenges, agriculture intensified, protectionist, barriers, victim, restrict, committed Despite all the achievements, China still faces big 21chanlleges. The first is the 22protectionist measures prevalent in some countries that place various 23barriers to trade. They 24intensified anti-dumping policy to 25restrict the export expansion of China, and made China the largest 26victim of anti-dumping investigation. The second is the increasing 27competition faced by Chinese service sectors, because the foreign28counterparts enjoy national treatment. The third is the challenge faced by the 29argriculture. China 30committed itself to into the WTO not to provide any export subsidy for its agricultural products. . Translate the following into English (25%)31. 信用证付款方式要求各种单证上所列的商品名称、数量、金额等项目要与信用证所列项目严格一致。Payment by letter of credit requirements listed a variety of documents by the name of commodity,quantity,amount and other items to be in strict accordance with the credit project.32. 货物保险的宗旨在于将风险从被保险人转移到保险人的活动。Cargo insurance therefore is an activity aimed at moving the burden of risk from the shoulders of the exporters and importers and importers, and placing it upon the shoulders of specialist risk-bearing underwriters. 33. 有形贸易一般指国际贸易中的货物贸易,无形贸易一般指服务贸易。Visible trade refers to the trade of goods in international trade,the invisible trade refers to trade of services. 34. 对外直接投资是国际投资的主要方式,直接投资通常有绿地投资、兼并和合资的形式。 Foreign direct investment is the major form of international investment,FDI is mainly practiced in three forms :the green field strategy,acquisition and forming joint ventures. 35. 初级市场是投资人购买政府和企业债券的市场。Primary market invistors are buying government and corporate bonds market. Translate the following into Chinese (15%)36. Ricardos theory of comparative advantage suggests that countries should specialize in the production of those goods they produce most efficiently and buy goods that they produce less efficiently from other countries, even if this means buying goods from other countries that they could produce more efficiently at home.李嘉图的比较利益学说认为各国应该专门生产效率高的产品,从其他国家购买自己国家生产效率低的产品,这就意味着从别国购买货物在本国进行高效生产. Answer the following questions in English (15%) 37. What is the mandate of World Trade Organization.The WTO has three major objectives:1.To promote free trade by encouraging members to adopt nondiscriminatory,predictable trade polices;2.To further reduce trade barriers through multilateral negotiations;3.To establish more effective trade dispute settlement procedures. 38. How many levels of Regional Economic Integration.There are four levels of Regional Economic Integration:(1),free trade area;(2),customs union;(3),common market;(4),economic union综合试题3ITranslate the following words and expressions (10%) () From English into Chinese 1. turnkey project 交钥匙工程 2. international business 国际商务 3. sophisticated technology 尖端技术 4. controversy 公开辩论5. contracting party 契约当事人 () From Chinese into English 6. 通货 currency 7. 普通股 common stock 8. 经纪人 broker 9. 并购 merge 10. 库存 stock. Match the words and expressions on the left with the explanations on the right (5%) 11. beneficiary a. the company that can make use of LC to get paid for its exports ( a ) 12. optimal b. that must be done ( e ) 13. force jajeure c. the total annual income of the state ( d ) 14.revenue d. social and natural calamities ( c ) 15. compulsory e. best or most favorable ( b ). Make brief explanations of the following terms in English (20%)16. Letters of CreditThe credit is a letter issued by a bank at the request of the importer in which the bank promises to pay upon presentation of the relevant documents.It is actually a conditional bank undertaking of payment17. customs union A Customs area extending beyond national boundaries to include two or more independent nations is called a customs union.18. counter offer New offer made by the original offeree to the original offerer.19. hyper inflation Inflation at a extremery high rate.20. specialization To restrict ones economic activities to certain particular fields. Fill in each of the following blanks with an appropriate words (10% ) Issue, securities, long, in, other, exists, through, those, raised, regulated The Stock Exchange has 21long served the needs of government, industry and investors 22in providing the central market place for the 23issue and trading of 24securities. Many people save or invest money in some form or 25other. The International Stock Exchange 26exists to provide a channel 27through which these savings can reach 28those who need finance. Under the 29regulated framework, long term capital in the form of tradable securities can be 30raised. Translate the following into English (25%)31. 经济全球化的主要推动力是各国贸易管制放松、信息技术发展及各国生产要素及经济发展水平的差异。 The main impetus of economic globalization is the difference of world trade regulation ,development of information technology and other factors of production and the level of economic development.32. 国际商务同国内商务活动比较在法律规章、使用通货、文化、自然和经济环境上有很多不同。International business compared with domestic business activity in the laws and regulations , the use of currency, the natural and cultural environment, and there are many different economic. 33.国际贸易术语解释通则是国际商会为各国对外贸易中使用最普遍的贸易术语提供一套解释规则。 “INCOTERMS” is the international chamber of commerce to provide a set of rules of interpretation of most commonly used trade terms in international trade. 34. 书面合同是双方协议的凭证及执行协议的基础。A written contract is the basic document agreement and perform the agreement. 35. 同托收比较,信用证是银行信用,对卖方更加安全。 Compared with the collection , bank credit is a credit to a seller, more sure. Translate the following into Chinese (15%)36. Regional economic integration refers to agreements between countries in a geographic region to reduce tariff and non-tariff barriers to the free flow of goods, services, and factors of production between each other. Regional trade agreements are designed to promote free trade, but instead the world may be moving toward a situation in which a number of regional trade blocks compete against each other Inflation at a extremery high rate区域经济一体化是在一个地理区域内的成员国之间在货物、服务和生产要素等方面降低关税和非关税贸易壁垒。区域经济一体化协议目的在于促进自由贸易,但是. Answer the following questions in English (15%) 37. 区域经济一体化,作为国家整体是收益的,但同时会导致某些集团利益受损。Reginal trade integration, as the overall national income, but also will cause dome damage to the interests of the group. 38. 反倾销是进口国海关对有倾销行为的进口商品征收的一种税收。Anti-dumping is import customson imported goods have a tax levied dumping behavior.综合试题4ITranslate the following words and expressions (10%) () From English into Chinese 1. endowment of nature 2. grace period 3. beneficiary of LC 4. international reserve 5. open account () From Chinese into English 6. 资本市场 7. 保兑信用证 8. 开证行 9. 货物净重 10. 水渍险. Match the words and expressions on the left with the explanations on the right (5%) 11. banknote a way by which a place can be reached or used ( ) 12. endowment b. something given or received as an equivalent for loss ( ) 13.loans c. printed paper money issued by a countrys central bank ( ) 14. access d. a natural gift or ability ( ) 15. compulsory e. something lent for interest income ( ). Make brief explanations of the following terms in English (20%)16. issuing bank 17. tariff 18. home country and host country 19. applicant of LC 20. multilateral agreement . Fill in each of the following blanks with an appropriate words (10% ) Issue, securities, long, in, other, exists, through, those, raised, regulated The first United Nations Conference on Trade and Development was 21_ in Geneva in 1964. Although no specific objectives were 22_ at first conference, the general function of UNCTAD is to 23_, negotiate and implement measures to 24_ the development process. The specific 25_ and aims of the less-developed countries or the 26_ of the participating countries may be summarized as follows: The 27_of the less-developed countries in world trade in decreasing, their trade terms with developed countries are constantly 28_. So the conference set forth the rules that are compulsory and automatic 29_ measure has been 30_. . Translate the following into English (25%)31. 贸易术语最基本的含义是明确一项合同价格的构成、买卖双方的责任义务及货物运输风险的划分。 32. 即时库存管理系统的引进能最低限度地降低库存,提高经济效益。 33. 在赔偿保险索赔时,凭借保险合同,保险公司将使受损人的利益恢复到发生损害前的同等状况。 34. 合同是对有关当事人规定的约束性责任的一种协定。 35. 最大诚信原则适用于各种保险。. Translate the following into Chinese (15%)36. Political arguments on trade polices are concerned with protecting the interests of certain groups within a nation (normally producers), often at the expense of other groups (normally consumers)。 Economic arguments are typically concerned with boosting the overall wealth of a nation (to the benefit of all, both producers and consumers) . Answer the following questions in English (15%) 37. Why is bundling or counter trade still used in foreign trade though it is an inefficient way of doing business. 38. What are the reasons for the regional economic integration.综合试题5ITranslate the following words and expressions (10%) () From English into Chinese 1.standing commission2. jobber 3. intellectual property 4. affiliate of Work Bank 5. private sector () From Chinese into English 6不履行 7. 到期8. 浮动汇率9. 国际结算10. 光票托收. Match the words and expressions on the left with the explanations on the right (5%) 11. currency a. the binding rights and responsibilities ( ) 12. devaluation b. paper money issued by centr
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