[名词解释] privatization

1、[名词解释]privatization

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2、[名词解释]budget cuts

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3、[主观题]【翻译】A clearly confident China has rolled up a large section of its bamboo curtain，declared itself“open to the outside world”and hung signs on nearly all its cities inviting foreign investors to come and do serious business.

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4、[主观题]【翻译】Although the weakness in demand in the United States led to a sharp decline in short-term dollar interest rates—a positive development for many developing countries—it also contributed to a drop of over 6 percent in nominal commodity prices and to a slackening，to 3 percent，in the growth of world trade.These trends were compounded by worsening economic conditions in the soviet Union and its successor states，where a growing shortage of foreign exchange led to a compression of import from Eastern Europe and an acceleration of certain commodity exports to earn hard currencies.

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5、[主观题]【翻译】So，while comprehensive framework for the country“s modernization has been provided by the central committee”s 21 October 1984 decision to reform the economic structure，it will be some time before the dust settles and local authorities and foreign investors can deal with one another in a systematic way.

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