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1.Order 订购 2. Commercial credit 商业贷款 The bank loan released to meet business fund needs similar use: commercial finance ~融资 * 1. Be open to risk面临…的风险 2.depreciate relative to/against/to相对于/对于/… 贬值 3.commitment:承诺promise, * 1.Free flow自由流动 2.benefit v.使…受益 * 1.Free trade system自由贸易体系 The system is composed of the cancellation of tariff , loose quota and other trade barrier, that aims at decreasing trade cost and improve goods circulation流通 * 1.Balance of payment 国际收支 A record that reflects total economic transactions of a country to other countries, The primary transactions are trade,non-trade ones and capital flows资本流动. 2.Receipt 收入 * 1.Welfare 福利 The fair and favorable consumption under certain nation income level特定国民收入水平下的公平和有利的消费 Question: will the level of welfare be better if a country exports what his domestic market is in severe demand极度需求?why? * 1.Infant industry 幼稚工业 Hereby refers to the specific childhood stage for a industry which is far from its advanced,mature and stable development period in its whole industry cycle 产业周期 Questions:give some examples in China. 2.shield from, protect against, isolate from * 3.start-up period起步期child stage, infant stage 1.Valorem tariff 从价税 The tax which is calculated on the basis of the value of importing commodities. * 1.Import license进口许可证 The permission proof issued by national authority for businessman to import or export specific goods which are listed in controlled catalog管制目录 * 1.Government purchase政府采购 The purchase action,often large quantity,carried out by government to maintain its operation. * 1.Standard for safety安全标准 2.consumer protection消费者权益保护 * 1.Export subsidies 出口补贴 A kind of financial aid measurement which mainly provide a certain rate of recovery amount to exporter to encourage them to expand overseas market, esp in labor-intensive industry. * 1.Targeting 定向扶持 A policy basket which collects subsidies, fiscal aid and other measurements to help domestic industries, sectors部门compete with forei
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