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1、[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.
2、[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.
3、[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.
4、[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.
5、[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.