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Chapter 1
I
YES,Please refer to the 1st paragraph of the text.
II
流动性过剩
自给自足
经济资源
直接投资
国际收支
易货交易
出口退税
倾销
出口型经济增长
东道国
贸易差额
贸易顺差/贸易逆差
欧盟
国际收支顺差/国际收支逆差
有形贸易
无形贸易
货物贸易
服务贸易 excess liquidity
self-sufficient
economic resources
direct investment
balance of payments
barter
export tax rebate
dumping
export-driven economic growth
host country
balance of trade
favorable/unfavorable balance of trade
European Union
favorable/unfavorable balance of payments
visible trade
invisible trade
trade in goods
trade in services
III
The chart above shows the U.S. imports from China, U.S. exports to China and the trade balance. The U.S. has a negative trade balance with China, and it has been growing. During the period from 1997 to 2003, imports from China have grown 244% while exports to China have grown 221%, indicating that the trade deficit is increasing. There had already been a sizeable trade balance deficit with China in 1996, totaling $ 39.5 billion at the end of the year.
IV
1. Export goods are tangible goods sent out of countries.
2. Trade in services are international earnings other than those derived from the exporting and importing of tangible goods.
3. Import goods are tangible goods brought in.
4. International trade is all business transactions that involve two or more countries.
5. FDI is one that gives the investor a controlling interest in a foreign company.
6. Investment is used primarily as financial means for a company to earn more money on its money with relative safety.
V
1. International trade is the fair and deliberate exchange of goods and/or services across national boundaries. It concerns trade operations of both import and export and includes the purchase and sale of both visible and invisible goods.
2. In todays complex economic world, neither individuals nor nations are self-sufficient. Nations participate in the international trade for many reasons. As to the economic reasons, no nation has all of the economic resources (land, labor and ca
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