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Unit 2
Hot Issues
Hot Issues
in International Trade
in International Trade
国际贸易的热点问题
国际贸易的热点问题
University of International Business and Economics
Learning objectives
In this unit students will learn words and
expressions related to international trade.
Students will be able to talk about the hot issues
related to international trade such as trade
relations, trade deficit, trade barriers, and trade
disputes etc.
University of International Business and Economics
Background reading
Notes:
1. outsourcing: work done for a company by people other than the
companys full-time employees 外包
2. prevalence: the condition of being prevalent, being widespread 普遍;盛
行;流行。He was surprised by the prevalence of optimism about the
future.
3. Mercantilism: economic system of the major trading nations during the
16th, 17th, and 18th century, based on the premise that national wealth
and power were best served by increasing exports and collecting
precious metals in return.重商主义
4. paramount: greater than all others in importance or influence 最高的;至
上的;首要的。The interests of the consumer should be paramount.
5. GATT: General Agreement on Tariffs and Trade provided the framework
for most important international tariff negotiations from 1947 until 1994关
贸总协定
University of International Business and Economics
6. World Trade Organization: established in 1995, the international
organization which resulted from the Uruguay Round of GATT
negotiations. It is intended to promote world trade between member
nations, administer global trade agreements and resolve disputes
when they arise. 世界贸易组织,其前身为关贸总协定
7. autarchy :economic independence or self-sufficiency; a country
that practices this system 自给自足;实行自给自足政策的国家
8. proponent: a person who supports or argues in favor of something;
advocate支持者;辩护者;鼓吹者
9. lobby:
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