【题目】 【翻译】Goods are produced according to a sample provided by the customer，while strong encouragement is given to compensation trade whereby a foreign seller supplies raw materials and equipment and receives manufactured goods，produced by the equipment provided，in return.Compensation trade differs from barter or counter-trade insofar as there is a direct link between the equipment supplied from abroad and the manufactured product.Assembly manufacturing began in 1978 and particular forms of foreign trade are eligible for exemption from customs duties and taxation.

1、[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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2、[主观题]【翻译】Administration officials see little risk that this more aggressive policy could escalate into a full-fledged trade war that would shock the world's fragile economies.Thus，the administration will not be deterred by complaints that it has moved to"protectionism."

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3、[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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4、[主观题]【翻译】A farfetched prediction？The new American administration doesn't think so.Bill Clinton has appointed China hands to top Asia posts at the state and Treasury departments.When critics called the appointments a slight to Japan，the leading Pacific economic power，U.S.Deputy Treasury Secretary Roger Altman explained the administration's reasoning：by early in the next century，he said，China may replace Japan in importance to the U.S.as an economic partner.Japan
recognizes the rise of China.As a warning shot in an intensifying rivalry，Tokyo last week put punitive import tariffs on Chinese steel.

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5、[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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