tant (dollar) terms 不变（美元）价9.business cycle 商业周期
10.weighted average 加权平均数
11.hard currencies 硬通货
12.fiscal adjustment 财政调整
13.portfolio investment 有价证券投资
14.market diversification 市场多元化
15.tight credit policy 紧缩的信贷政策
16.exchange-rate devaluation 汇率贬值
17.accommodative monetary policy 融通性货币政策

18.yield curve 收益曲线
19.per capita GDP 人均国内生产总值
20.GATT: General Agreement on Tariffs and Trade 关贸总协定
21.EMS: European Monetary System 欧洲货币体系
22.GDP deflator 消除国内生产总值通货膨胀因素指数（ GDP 平减指数）
23.CMEA (Comecon): Council for Mutual Economic Assistance 经互会
24.LIBOR: London Inter-Bank Offered Rate 伦敦同业银行优惠利率
22.per capita income 人均收入

23.multilateral trade agreements 多边贸易协定

24．Portfolio investment 证券投资

25.cyclical deceleration in investment spending 生产总值通货膨胀因素指数

26.the population-weighted growth rate 人口加权增长率
trade representative 贸易谈判代表
government procurement 政府采购
NAFTA （ North America Free Trade Agreements ）北美自由贸易协定
trade sanctions 贸易制裁
trade hawks 贸易中主张强硬路线的鹰派人物

1.industrialisation programme: 工业化项目
2.national income: 国民收入
3.volume of foreign trade: 对外贸易额
4.visible trade account: 有形贸易收支
5.invisible trade account: 无形贸易收支
6.growth rate: 增长率
7.foreign exchange: 外汇
8.trade fairs: 贸易展览会
1.贸易顺差：trade surplus
2.补偿贸品：compensation trade
3.合资企业：joint venture
4.经常项目：current account
5.计划经济：planned economy
6.出口定额：export quota
7.增长点：growth point
8.高科技产业：high-tech industries

一、术语：
the single market 统一大市场 Maastricht Treaty 马斯特里赫特条约
barrier-free market 无壁垒市场 free-trade zone 自由贸易区
referendum 公民复决投票 merger 兼并
budget cuts 预算削减 political and economic integration 政治经济一体化
deregulation 放松管制 privatization 私有化
二、词语释义：
substantially : dramatically, significantly, considerably
subsequently: afterwards
exacerbate: deteriorate, worsen; aggravate; make worse
withdraw: cancellation
theme: principle
in return for: in exchange for
disrupt: interrupt
destined: designed
pronounced: marked
in the wake of: following; after with
undue: too much; unbearable
reverse: change to the opposite
buoyant: brisk
outcome: result
boost: stimulate; promote; develop
recover: rebound
facilitate: make easy
run-down: reduct

ion
mount exhibitions: hold exhibitions
insofar as: to the extent
bottlenecks: obstacles
二、词语释义：

1.in piecemeal form: piece by piece