agreements among countries to establish links through the movement of goods, services, capital, and labor across borders. The pur pose of economic integration is to increase the trade that take place among regional all iances. The countries in the integration are often trading partners. The formation of regional trading blocs can increase trade within the bloc, but it can also deter trade with other countries outside it. This means that regional trading groups can both increase and decrease trade Levels of Economic Integration From least to more integrative the levels of economic integrat ion are from trade area, customs union,common market, economic union and political The Free-Trade Area The formation of a free-trade area requires each participating nation to remove tariffs, quotas, and other barriers affecting its trade with the other participating nations. However, it allows each participant to decide how it will conduct its trade with nonparticipating countries 课文讲解、提问与思考题: 4.结合更新的信息,在讲解课文的同时,启发学生认识一些常见的经济现象与规律, 解最新的经贸动态,培养经济意识 5.解释术语 6.口译课文部分章节。 作业(就节录的课文部分) 1. Explain the terms in English and then give the Chinese version for each of them a). economic integration b). regional trading bloc c).commonmarket d). free-trade area 2. Topics for di a). Why should the regional trading bloc be formed? What are the advantages and disadvantages respectively? b). What is the significance of China's entry into the wto? What are the major changes we can expect in the coming 5 years? Will the changes be favorable or unfavorable? Why and how Before the class is over, assign students homework to do and prepareagreements among countries to establish links through the movement of goods, services, capital, and labor across borders. The purpose of economic integration is to increase the trade that takes place among regional alliances. The countries in the integration are often trading partners. The formation of regional trading blocs can increase trade within the bloc, but it can also deter trade with other countries outside it. This means that regional trading groups can both increase and decrease trade. Levels of Economic Integration From least to more integrative, the levels of economic integration are from trade area, customs union, common market, economic union and political union. The Free-Trade Area The formation of a free-trade area requires each participating nation to remove tariffs, quotas, and other barriers affecting its trade with the other participating nations. However, it allows each participant to decide how it will conduct its trade with nonparticipating countries. 课文讲解、提问与思考题： 4． 结合更新的信息，在讲解课文的同时，启发学生认识一些常见的经济现象与规律，了 解最新的经贸动态，培养经济意识。 5． 解释术语。 6． 口译课文部分章节。 作业 (就节录的课文部分)： 1． Explain the terms in English and then give the Chinese version for each of them. a). economic integration b). regional trading bloc c). common market d). free-trade area 2． Topics for discussion a). Why should the regional trading bloc be formed? What are the advantages and disadvantages respectively? b). What is the significance of China’s entry into the WTO? What are the major changes we can expect in the coming 5 years? Will the changes be favorable or unfavorable? Why and how? * Before the class is over, assign students homework to do and prepare