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I.Put the following into English by using the words or phrases in the text:

1. The modes (forms) of operation enterprises and governments can use when pursuing international business

2. Get involved in (Enter) international business through importing and exporting

3. Merchandise exports, the major source of international revenue for all countries

4. Service exports and imports are an increasingly more important mode of international business for all countries.

5. Earnings from foreign tourism have been an important source of foreign exchange earnings for the United States.

6. License a foreign distributor to sell one's products

7. Earn royalties from allowing others to use their trademarks and other assets

8. After the Second World War, foreign direct investment increased (grew, expanded) rapidly throughout the world.

9. A joint venture in which the enterprise from (of) the host country holds

a controlling interest

10. Portfolio investment is the main form of foreign indirect investment

11. Domestic enterprises which engage in service exports and imports

through different means

12. Multinational enterprises take a global approach to foreign markets and production.

13. Multinational corporations played an essential role in the development of international business in the post war era.

14. Research on different modes of international business conducted (pursued) by academic circles.

II. Translate the following sentences into English:

1. In the postwar period, increasingly large numbers of enterprises and governments of different countries were involved in different modes of international business in addition to exporting and importing.

2. The tourist industry of this scenic country, which is of critical importance to the country's economic growth, is likely to double and redouble its foreign exchange earnings in the coming year.

3. The multinational corporation doing auto business, which undertakes production and marketing on a global basis, has integrated its operations in China into its global business program in recent years.

4. In order to reduce costs and increase foreign sales, the multinational enterprises of many developed countries have transferred their equipment and personnel along with their capital to low-cost developing countries.

5. The commerce minister stated recently that our country must vigorously expand exports in exchange for the merchandise and services

our country urgently needs and should also be active in attracting foreign investment so as to promote the rapid economic development of our country.

III. Translate the following into Chinese:

扩大国际商务活动的方法从经营国际贸易这一较为简单的途径扩展到收购外国公司或建立新的子公司这个更复杂的途径。任何需要对外国经营活动进行直接投资的扩大国际商务活动的方法通常称为外国直接投资。国际贸易和授予许可证通常不被视为对外直接投资,因为它们不涉及对外国经营活动进行直接投资。给予经销权和合资企业往往需要对外国经营活动进行一些投资,但投资的程度有限。收购外国公司和建立新的国外子公司需要对外国经营活动进行大量投资,它们是对外直接投资的最大部分。

扩大国际商务活动的最佳方法可能取决于跨国公司的性质。像道化学公司和国际商用机器公司等某些跨国公司的大部分收入是从美国以外的国家和地区挣得的。摩托罗拉和耐克等其他跨国公司拥有巨额国外资产,因而它们所生产的产品成本有可能低于美国国内生产的成本。它们在美国销售的有些产品是在外国生产的。像摩托罗拉公司和国际商用机器公司等若干跨国公司的一些国外收入是从各种许可证贸易协议挣得的。这种协议并不需要那样巨大的对外直接投资。

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李友

Letter 2 Letter 3 Letter 4

Letter 5 Letter 6

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Key (练习答案) Unit 6 Jewelry Reading I Exercise II 1. c 2. c 3. b 4. d 5. d III 1. accumulate 2. brilliant 3. choosy 4. malicious 5. bachelor 6. destined 7. odd 8. communion 9. intuition 10. fulfill IV 1. infect 2. was destined 3. joke about 4. to do with 5. takes her time 6. were to 7. in his stead 8. edge to her voice 9. fell apart 10. won’t be cut out for V 1. shortly 2. It’s very odd 3. choosy 4. in my stead 5. in communion with 6. be destined never to see each other again VI 1.revel 1) vt. to make known (something previously secret or unknown)揭示;揭 露;泄露 . The investigation has revealed some serious faults in the system. 2) vt. to show or allow sth. to be seen 展现;显露出 . The curtains opened, to reveal a darkened stage. [相关词] revealing adj. allowing parts to be seen which are usually kept covered 暴露的;裸露的 . a very revealing dress revelation n. the making known of some secret 展示;揭露;显露 . The revelation of his scandalous past led to his resignation. revelations n. (宗教)启示录 [相关搭配] reveal a scandal 揭露丑闻 reveal the inside story (of) 揭开内幕 reveal a secret 揭开秘密 reveal the objective laws 揭示客观规律 a. Her biography revealed that she was not as rich as everyone thought. b. A joke can be very revealing of what someone’s really thinking. c. He still did not reveal what he felt about me. 2. accumulate vi./ vt. to collect or grow into a mass积累;积聚 . A thick layer of dust had accumulated in the room.

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In international trade it is almost impossible to mach payment with physical delivery(实际交货) of the goods, which constitutes conflicting problems for trade, since the exporter prefers to get paid before releasing the goods and the importer prefers to gain control over the goods before paying the money. The letter of credit is an effective means to solve these problems. Its objective is to facilitate international payment by means of the credit-worthiness of the bank. This method of payment offers security to both the seller and the buyer. The former has the

security to get paid provided (假如) he presents impeccable(没有缺陷的)documents while the latter has the security to get the goods required through the documents he stipulates in the credit. This bilateral security is the unique and characteristic feature of the letter of credit. “Letter of credit” is often shortened as L/C or L.C. and is sometimes referred to as “banker’s commercial letter of credit”, “banker’s credit”, “commercial credit” or simply “credit”. Modern credits were introduced开始采用in the second half of the 19th century and had

实操商务英语函电课后答案(首都经济贸易大学出版社)Unit 3

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