Question

英语填空题 求答案

1、 International trade-the exchange of goods and services 1 borders is often explained by the theory of comparative advantage which has become the cornerstone of modern thinking 2 international trade. This theory was produced by David Ricardo 3 was an English economist in the nineteenth century. This theory points out that trade between countries can be 4 beneficial even if a country is less 5 than another in the production of every commodity. As 6 as there are minor, relative differences in the efficiency of producing a commodity, 7 the poor country can have a comparative advantage in producing 8 comparative advantage is not a static concept. A country may 9 a particular comparative advantage purely through its own actions, independent of the endowments of nature. A case in point is Switzerland’s 10 advantage in watchmaking.
2、 The euro is 1 a tool to 2 political solidarity. This political motivation began when the idea of the European union and a 3 currency was first conceived. while it also has the economic effect of 4 the economies of participating countries , it ultimately does much more for the European union. Economically, the 5 advantages include: 6 of exchange-rate fluctuations, 7 transparency, lower transaction 8 , increased trade across borders, increased cross-border employment simplified billing, financial market 9 ,macro-economic stability, lower interest 10 , and structural reform for European economies.
3、 Reasons for the increasing use of counter trade include: firstly, the world debt 1 has made ordinary trade financing very 2 . Many countries cannot 3 the trade credit or financial 4 to pay for desired imports. Secondly, countries are increasingly returning to the notion of bilateralism as a way to reduce trade 5 . Thirdly, counter trade is often viewed 6 an excellent mechanism to gain entry 7 new markets. The party receiving the goods may become a new 8 , opening up new international marketing channels and ultimately 9 the market. And lastly, 10 counter trade services helps sellers differentiate its products from those of competitors.

Answer 1

1)

1. across

2. on

3. who

4. mutually

5. efficient

6. long

7. even

8. it

9. develop

10. comparative

2)
1. fundamentally

2. enhance

3. single

4. unifying

5. euro's

6. elimination

7. price

8. costs

9. stability

10. rate

3)

1. crisis

2. risky

3. obtain

4. assistance

5. imbalances

6. as

7. into

8. expanding

9. providing