II . Terms: Translate the followingterms into Chinese. Term in para. Translation 1 debtor countries 1 2 asset bubble 1 3 Democrats and Republicans 2 4 currency manipulation 2 5 external deficit 3 6 tax breaks 8 7 floating currency 8 8 the Fed 8 9 trade deficit 10 10 IMF 15 11 competitive devaluation 16 12 70% majority 17 13. sanctions 17