Unit 1 1
Text A The World Economy 1
Text B New Developments at the International Monetary Fund 5
Unit 2 9
Text A Where Does the Money Come From? 9
Text B The Functions of Money 12
Unit 3 16
Text A What the Foreign Exchange Market Is 16
Text B The Final Frontier 19
Unit 4 23
Text A Inflation 23
Text B The Financing of the Modern Finrm 26
Unit 5 31
Text A GATT and Its Implication for China 31
Text B GATT and Other Intermational Agencies 35
Unit 6 38
Text A Letter of Credit 38
Text B Sales Forecast 43
Unit 7 46
Text A Foreign Exchange Rates 46
Text B Investment Objectives 49
Unit 8 53
Text A Corporation 53
Text B Sole Propristorship and Partner 57
Unit 9 60
Text A International Bkdies 60
Text B Stock Market Hit by a Flurry of Fluctuations 64
Unit 10 68
Text A Balance of Payments 68
Text B Restrictions on Tradc 72
Unit 11 76
Text A Business Corespondence 76
Text B Foreign Direct Investment 80
Unit 12 84
Text A Some Special Terms in International Trade 84
Text B Steeling of Trade Disputes 88
Unit 13 92
Text A Market Research 92
Text B African Economic Difficulties 95
Unit 14 99
Text A A Business Dispute Resolution in the United States 99
Text B Problens and Function of Economic Philosophy 102
Unit 15 106
Text A On the European Community 106
Text B Development of Pudong 110
Appendix Ⅰ：Chinese Translation of the Texts 114
Appendix Ⅱ：Key to Exercises 130