[主观题] 【翻译】The strongest signal came last week，when Mickey Kanter，the U.S.trade representative，moved quickly to cite the 12-nation European Community for“intolerable”discrimination against U.S.companies seeking government contracts within the community.The administration will begin retaliating in six weeks if EC policies remain unchanged.

1、[名词解释]political and economic integration

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2、[名词解释]privatization

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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】International conditions for growth in developing countries deteriorated in 1991.The Seven major industrial countries(the G-7)experienced a significant slowdown in GDP growth-from 2.8 percent in 1990 to 1.9 percent during 1991 as recession gripped Canada，the United Kingdom，and the United States and growth rates slowed in Continental 5 Europe and Japan.In important respects.The slowdown was different from those that occurred during the 1970s and 1980s.Rather than reflecting the effect of disinflationary policies，weakness in demand was more closely related to the loss of momentum that had built up during the long period of expansion that began in 1983.In addition，a common factor underlying the slowdown in many industrial countries was the cyclical deceleration in investment spending.

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5、[主观题]【翻译】Stock-taking of the open policy will come later this year when the National People„s Congress discusses the seventh five-year plan，which will run to the end of the decade.

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