Unit 2 Hot Issues in International Trade 国际贸易的热点问题 √Learning objectives 1.In this unit students will learn words and expressions related to international trade. 2.Students will be able to talk about the hot issues related to international trade such as trade relations,trade deficit,trade barriers,and trade disputes etc. Background reading Notes: 1.outsourcing:work done for a company by people other than the company's full-time employees外包 2.prevalence:the condition of being prevalent,.being widespread普遍；盛行；流 行 He was surprised by the prevalence of optimism about the future. 3.Mercantilism:economic system of the major trading nations during the 16th,17th, and 18th century,based on the premise that national wealth and power were best served by increasing exports and collecting precious metals in return.重商主义 4.paramount::greater than all others in importance or influence最高的；至上的； 首要的 The interests of the consumer should be paramount. 5.GATT:General Agreement on Tariffs and Trade provided the framework for most important international tariff negotiations from 1947 until1994关贸总协定 6.World Trade Organization:established in 1995,the international organization which resulted from the Uruguay Round of GATT negotiations.It is intended to promote world trade between member nations,administer global trade agreements and resolve disputes when they arise.世界贸易组织，其前身为关贸总协定 7.autarchy:economic independence or self-sufficiency;a country that practices this system自给自足；实行自给自足政策的国家 8.proponent:a person who supports or argues in favor of something;advocate 者：辩护者：鼓吹者 9.lobby:a group of people who unite for or against a planned action in an attempt to persuade those in power to change their minds.游说团体 10.the Great Depression:Worldwide economic collapse following the stock market crash in 1929,in which unemployment remained high for an extended period and many businesses failed.大萧条 11.MERCOSUR:(Mercado Comun del Sur)the Common Market of the South;a multilateral agreement on trade,including agricultural trade,between Argentina, Brazil,Paraguay and Uruguay.The agreement was signed in 1991 and came intoUnit 2 Hot Issues in International Trade 国际贸易的热点问题 3 Learning objectives 1. In this unit students will learn words and expressions related to international trade. 2. Students will be able to talk about the hot issues related to international trade such as trade relations, trade deficit, trade barriers, and trade disputes etc. Background reading Notes: 1. outsourcing: work done for a company by people other than the company's full-time employees 外包 2. prevalence: the condition of being prevalent, being widespread 普遍；盛行；流 行 He was surprised by the prevalence of optimism about the future. 3. Mercantilism: economic system of the major trading nations during the 16th, 17th, and 18th century, based on the premise that national wealth and power were best served by increasing exports and collecting precious metals in return.重商主义 4. paramount: greater than all others in importance or influence 最高的；至上的； 首要的 The interests of the consumer should be paramount. 5. GATT: General Agreement on Tariffs and Trade provided the framework for most important international tariff negotiations from 1947 until 1994 关贸总协定 6. World Trade Organization: established in 1995, the international organization which resulted from the Uruguay Round of GATT negotiations. It is intended to promote world trade between member nations, administer global trade agreements and resolve disputes when they arise. 世界贸易组织，其前身为关贸总协定 7. autarchy：economic independence or self-sufficiency; a country that practices this system 自给自足；实行自给自足政策的国家 8. proponent: a person who supports or argues in favor of something; advocate 支持 者；辩护者；鼓吹者 9. lobby: a group of people who unite for or against a planned action in an attempt to persuade those in power to change their minds. 游说团体 10. the Great Depression: Worldwide economic collapse following the stock market crash in 1929, in which unemployment remained high for an extended period and many businesses failed. 大萧条 11. MERCOSUR: (Mercado Común del Sur) the Common Market of the South; a multilateral agreement on trade, including agricultural trade, between Argentina, Brazil, Paraguay and Uruguay. The agreement was signed in 1991 and came into 1