课程总结英文翻译
课程总结英文翻译【1】
The World Trade Organization (WTO) is an international organization designed to supervise and liberalize international trade.
The WTO came into being on 1 January 1995, and is the successor to the General Agreement on Tariffs and Trade (GATT), which was created in 1947, and continued to operate for almost five decades as a de facto international organization.
The World Trade Organization deals with the rules of trade between nations at a near-global level; it is responsible for negotiating and implementing new trade agreements, and is in charge of policing member countries' adherence to all the WTO agreements, signed by the majority of the world's trading nations and ratified in their parliaments.
The WTO has 153 members, which represents more than 95% of total world trade.
The WTO is governed by a Ministerial Conference, which meets every two years; a General Council, which implements the conference's policy decisions and is responsible for day-to-day administration; and a director-general, who is appointed by the Ministerial Conference.
课程总结英文翻译【2】
International economics studies international monetary system, the dynamics of exchange rates, foreign investment, and how these affect international trade.
It also studies international finance market, international investments and capital flows, balance of international payment and trade deficit and surplus.
It also includes the study of futures, options and currency swaps which is related to the risk management of foreign exchange.
Some of the theories which are important in international finance ， including the Interest rate parity, purchasing power parity,as well as the theory of balance of payment.
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