原材料

China has shown a much more flexible approach to foreign trade over the past few years and has adopted a series of measures designed to strengthen international economic cooperation. Foreign countries are encouraged to mount exhibitions of their goods and China itself has participated in a number of trade fairs and exhibitions held abroad. Since the late 1970s China has also adopted foreign trade practices long-established in many other countries. Goods are produced according to a sample provided by the customer, while strong encouragement is given to compensation trade whereby a foreign seller supplies raw materials and equipment and receives manufactured goods, produced by the equipment provided, in return. Compensation trade differs from barter or counter-trade in so far as there is a direct link between the equipment supplied from abroad and the manufactured product. Assembly manufacturing began in 1978 and particular forms of foreign trade are eligible for exemption from customs duties and taxation.

The concept that we can turn this around right now is patently ridiculous.   (  )

growth rate

current account

有形贸易收支

Decide whether the statements are true or false：Since the late 1960s, China has adopted foreign trade practices long-established in many other countries.  (   )

Decide whether the statements are true or false：China has borrowed substantial sums of money from the World Bank, but a substantial proportion of it is still to be disbursed.   (   ) 

关税

Foreign investment is advantageous in so far as it facilitates the transfer of technology and skills and avoids creating an overhang of debt.   (  )