国际贸易专英业语考点.docVIP

UNIT ONE A? zero sum ?game/a pos?itive sum ?game Outf?low/ inflo?w Merchan?dise/merca?ntilism/me?rcantile/m?ercantilis?t Inflati?on/inflati?onary Ass?umption/as?sume Equi?valent to Increase in price Interest rate Government interference Division of labor Specialize in/specialization Cost and price advantage over Trading partner Monopoly Absolute advantage/comparative advantage Production cost/productivity Free trade Factor of production Technical know-how Constant return to scale Perfect competition Production possibilities’ curve Opportunity cost Have an advantage in HOS Model Theoretical model Equilibrium Intensity of factors Expand Shrink/contract The Leontief Paradox Empirical research Capital-intensive goods/labor-intensive goods Factor intensity reversal Industrial/developed/western countries Developing countries Economy of scale Internal economies of scale/external economies of scale Average cost Infrastructure Aggregate UNIT TWO Foreign economic policy Autarky self-sufficiency economic welfare isolationism tariff barrier to trade/protectionism quote/quotation employment balance of payments deficit market adjustment reserve/foreign exchange reserve economic growth/economic development living standard infant industry consumer goods/capital goods subsidy disequilibrium political tension legal rights/treaty national treatment/most-favored-nation treatment equity national discrimination current account trade in merchandise non-tariff barrier export promotion portfolio investment/direct investment multinational company/transnational company home country/host country foreign aid governmental loan and grant reconstruction recipient country international organization external account deficit/surplus deflate/inflate/deflation/inflation monetary instrument/fiscal instrument devalue/revalue/devaluation/revaluation exchange rate quantitative import restriction UNIT THREE Licensing Fra