【题目】 【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."

1、[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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2、[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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3、[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.

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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】The single market is central to the community's progress，but it is by no means certain that it could stand alone，says one senior EC official here，"if the political will to continue moving forward fails，we can anticipate more strains in the marriage contract that ultimately would strike at what we've accomplished."

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