[主观题] 【翻译】The literally，this does not make more sense as the parts of the coast which have not been“opened”are simply not ready for the demands of foreign businessman.

1、[名词解释]deregulation

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2、[主观题]【翻译】Yet in its current dour mood，Europe risks almost overlooking the revolutionary step forward it has taken in creating the world's largest and wealthiest barrier-free market—and on a continent where，for centuries，economic battles have led to some of history's bloodiest wars.But perhaps the major reason is the dark economic clouds now hanging over Europe.One of the central justifications for the single market was its ability to create greater prosperity，but it is making its debut just as Europe traverses one of its roughest economic storms in years.

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3、[主观题]【翻译】Financial stress brought on by excessive debt in the household and corporate sectors was an example of another kind of structural problem，in particular for the economies of Japan and the United States.Financial institutions in these two countries adopted more conservative lending policies，curtailing financing of higher-risk projects such as commercial construction and highly leveraged corporate transaction.A number of weaker institutions were also consolicated through bankruptcy，merger and reorganization.

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4、[主观题]【翻译】In some ways，Mr.Clinton and his advisers are following the same well-trod path as the Bush administration，which threatened sanctions against the Community last year and walked away from GATT negotiations rather than sign an agreement that would provide only small gains for U.S.companies.

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5、[主观题]【翻译】There are no official statistics covering the invisible account of the balance of paymens，but the size of the visible trade surplus during 1981-1983 and a pronounced increase in earnings from tourism suggest that the current account has been in surplus over the past few years.

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