【题目】 conglomerate

1、[主观题]【翻译】With the U.S.Congress due to consider the renewal of China's most-favored nation trade status in June，officials in Beijing fear the trade imbalance could surpass human rights as a source of U.S.opposition to preferred status for China."The trade surplus itself will be the NO.1 problem this year."Says one Chinese official."After Japan，we'll be first in line for relation."

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2、[主观题]【翻译】WASHINGTON-The Clinton administration is drawing the first lines of a tougher U.S.policy on trade，signaling to Europe and Japan that it will demand fairer treatment for American exports and is prepared to see relationships with U.S.trading partners get worse before they get better.

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3、[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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4、[主观题]【翻译】The major risk facing this highly trade-oriented region is the potential for sluggishness or disruption in world-trade flows.Economic weakness in some of the region's traditional export markets has underlined the importance of market diversification，including a further strengthening of ties within the region.Increasingly buoyant intraregional trade in East Asia may be viewed as evidence of an ongoing process of“market-oriented”regional integration，a development that could partially offset lackluster progress in the area of multilateral trade agreements.

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5、[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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