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trade barriers
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Speculators profited handsomely from the price fluctuation of the 1990s.( ) A. stability B. flexibility C. volatility D. regulation
Figures show that the bulk of China’s foreign obligations consist of non-bank trade-relatedcredits which exceed US 4 billion.
There is a rigid export quota in that country.( ) A. flexible B. stupid C. rapid D. stiff
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The relationship between trade the environment is the thorniest of all.The difficulty facing rule- makers is this:the benefits of trade depend on the assumption that relative prices in different countries reflect differences in factors of production, productivity so on. However, if one firm is polluting freely while another bears the cost of cleaning up its pollution, then relative costs will fail to reflect these differences, trade that looks desirable may not be.
Major suppliers to the Hong Kong egg market are making greater efforts to increase the competitiveness of their products.( ) A. capability of competition B. possibility of competition C. probability of competition D. competitor
Only weeks after Matsushita launched a rival to Sony's palm-sized camcorder, Sony hit back with two new models. A. new product for competition B. innovation programme C. a large sum of money for a new model D. new ideas for camcorder
some of the Clinton administration's tough talk appears tactical, intended to pressure trading partners into offering concessions to unblock stalled negotiations on several fronts. But it appears that officials are prepared to turn up the temperature on trade- live with the consequences. In some ways, Mr.Clinton his advisers are following the same well - trod path as the Bush administration, which threatened sanctions against the Community last year walked away from GATT negotiations rather than sign an agreement that would provide only small gains for U.S. companies. The same political pressures from trade hawks in Congress that the Bush officials felt are now bearing down on the Clinton team.Questions:1.Why does the Clinton administration put pressure on its trading partners?2.What are the consequences that the American officials are prepared to see?3.Please paraphrase“Mr. Clinton his advisers are following the same well- trod path as the Bush administration.”
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