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全球经济
上海财经大学-商务英语课程 上海财经大学-商务英语课程 Global Economy -全球经济 NO. 25 * Following are some of the common terms you are likely to hear in any discussion about the global economy: (以下是一些探讨全球经济的常用术语:) Balance of trade:进出口贸易差额 Different in trade (value of a country’s import and export of merchandise), expressed as a monetary figure, between any two countries or any two regions. * WTO:世界贸易组织 World Trade Organization, established in 1995, is responsible for monitoring national trading policies, handling trade disputes, and enforcing the GATT(General Agreement on Trade and Tariffs) agreements, which are designed to reduce tariffs and other barriers to international trade and to eliminate discriminatory treatment in international commerce. * Competitive advantage:竞争优势 A nation’s competitiveness depends on the capacity of its industry to innovate and upgrade. Free Trade:自由贸易 Trade or commerce carried on without such restrictions as import duties, export bounties, domestic production subsidies, trade quotas, or import licenses. * Capital flow:资本流动 Movement of large sums of money from one country to another to seek higher rates of return and for investment purposes. GNP:国民生产总值 Gross National Product, total value of goods and services produced in an economy over a particular period of time, usually 1 year. * GDP:国内生产总值 Gross Domestic Product, same as GNP, with the exception that the total value of goods and services excludes foreign investments and the total value of exports. * Repatriation of profits:利润回流 Return of the financial assets or generated income of an organization or individual from a foreign country to the home country, Tariffs:关税 Tax on imports usually imposed to raise revenue or to protect domestic firms from import competition. * Usage Here are some sentences with terms commonly used to discuss global economy issues: (以下是在探讨全球经济问题时普遍应用的句子:) While the trade representatives were discussing the balance of trade between their respective nations, their heads o
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