第一章练习作业

姓名：程思 班级：金融实验班 学号：20094120126

一、Answer the following questions according to the information you have got.

1. What is international trade?

Answer：International trade is a business which involves the crossing of national borders. It includes not only international trade and foreign manufacturing but also encompasses the growing services industry. It includes all business transactions that involve two or more countries. Such business relationship may be private or governmental. International trade, also called foreign trade, in essence , is the fair and deliberate exchange of commodity and service across national boundaries. It includes import and export trade operations.

2.What are the most essential motive to pursue international trade?

Answer：Resource acquisition, benefits acquisition, diversification and expand sales. 3.What is the most essential motive to pursue international trade? Answer：The most essential motive is to gain profit.

4. What measures do most companies usually adopt to avoid wild swings in the sales and profits?

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三、Translate the following terms and phrases into Chinese.

1.purchasing power购买力

2.sales potentials investment销售潜力投资 3.mark-up标高售价 4.domestic markets国内市场 5.finished goods制成品 6.profit margin边际利润 7.market share市场份额 8.trade discrimination贸易歧视 9.Timing时机选择 10.business cycles商业周期 11.Recovery经济复苏 12.Recession经济衰退 13.portfolio间接投资 14.tangible goods有形商品

15.visible exports and imports有形出口和进口 16.revenue and expenditure收入和支出 17.excess capacity超额生产力

18.turn-key operations全部包建的工程承包方式