答案：

　　I. Translate the following terms into English:

　　兼并 mergers and acquisitions

　　控制股 controlling stake

　　上市公司 listed company

　　(股票)首期公开上市 initial public offering (IPO)

　　垃圾债券 junk bonds

　　欧洲债券市场 euro-bond market

　　总合帐户 pooled account

　　贸易壁垒 trade barriers

　　进口替代 import substitution

　　清算机制 clearing mechanism

　　II. Translate the following terms into Chinese(10%):

　　CAP 共同农业政策

　　FTAA 北美自由贸易协定

　　OECD 经济合作与发展组织

　　marketing savvy 营销技能

　　capital spending binge 资本投资热

　　venture capital 风险资本

　　euro-denominated capital market 以欧元标价的资本市场

　　mercantilist assumptions 重商主义观点

　　liquid investment 短期投资

　　management expertise 管理知识

　　III. 英译中(略)

　　IV. 中译英

　　1) The fines and costs of legal actions may eventually pale in comparison with the brand damage and loss of consumer confidence resulting from such cases.

　　2) The new company aims to have its assets and sales both exceeding 100 billion yuan and nudge into the world’s top 500 in three years.

　　3) When successful people share the secrets of their success, they often boil down to hard work, determination and commitment.

　　4) By riding the wave of its accession to WTO, the Chinese government has taken more measures to restructure its national economy.

　　5) Far from making an unapologetic case for open markets, free traders have played into the hands of protectionists by treating trade barriers as important assets while focusing all their energies on prying open foreign markets.

　　V. 句子填空

　　1 H 2 C 3 F 4 A 5 E 6 G 7 B

　　VI. 阅读理解

　　That Old Greenspan Magic Seems to Be Fading

　　1 C 2 D 3 B 4 D 5 C 6 B 7 A

　　8 A 9 A 10