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Services
Translation, Editing/proofreading, Subtitling
Expertise
Specializes in:
Biology (-tech,-chem,micro-)
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Sample translations submitted: 1
Korean to English: The theories about economics General field: Bus/Financial Detailed field: Economics
Source text - Korean 1. The mercantilists believed that the way for a nation to become rich and powerful was to export more than it imported. The resulting export surplus would then be settled by an inflow of gold and silver and the more gold and silver a nation had, the richer and more powerful it was. Thus, the government had to do all in its power to stimulate the nation’s exports and discourage and restrict imports. However, since all nations could not simultaneously have an export surplus and the amount of gold and silver was fixed at any particular point in time, one nation could gain only at the expense of other nations. The mercantilists thus preached economic nationalism, believing that national interests were basically in conflict. Adam Smith, on the other hand, believed that free trade would make all nations better off. All of this is relevant today because many of the arguments made in favor of restricting international trade to protect domestic jobs are very similar to the mercantilists arguments made three or four centuries ago. That is why we can say that “mercantilism is alive and well in the twenty-first century”. Thus we have to be prepared to answer and demonstrate that these arguments are basically wrong.
3. Ricardo’s law of comparative advantage is superior to Smith’s theory of absolute advantage in that it showed that even if a nation is less efficient than or has an absolute disadvantage in the production of all commodities with respect to the other nations, there is still a basis for beneficial trade for all nations. The gains from trade arise from the increased production of all commodities that arises when each country specializes in the production of and exports the commodities of its comparative advantage and imports the other commodities. A nation that is less efficient than others will be able to export the commodities of its comparative advantage by having its wages and other costs sufficiently lower than in other nations so as to make the commodities of its comparative advantage cheaper in terms of the same currency with respect to the other nations.
Translation - English 1 중상주의자들은 나라가 부유해지고 강력해지는 방법은 수입보다 더 많이 수출하는것이라고 믿었다. 그 결과 초래된 수출초과는 금과 은의 유입으로 해결되었고 나라가 더 많은 금과은을 가질수록, 더 부유해지고 강력해졌다. 따라서, 정부는 나라의 수출을 촉진하고 수입을 막는데 모든 힘을 쏟아야 했다. 그러나, 모든 나라들이 동시에 수출초과를 할 수 없었고 금과 은의 양도 때가되면 특정한 시기에 정해져 있었기 때문에, 한 나라는 다른 나라들의 희생으로만 이득을 취할수 있었다. 따라서 중상주의자들은 국가의 이익이 기본적으로 갈등상황에 놓여있다고 믿으면서 쇄국경제주의를 주장했다. 반면에 아담 스미스는 자유 무역이 모든 나라들을 더 부유하게 해준다고 믿었다. 국내 일자리들을 보호하기위해 국제 무역을 제한해야 한다는 많은 주장들이 3,4세기 전에 만들어진 중상주의자들의 주장과 매우 비슷하기때문에 오늘날 이 모든것들이 관련이 있다. 그래서 우리는 중상주의는 21세기에도 잘 살아있다고 말할수 있다. 따라서 우리는 주장들이 기본적으로 틀렸다는걸 보여주고 답할 준비가 되야 한다.
3 리카도의 비교우위 이론은 그것이 비록 한 나라가 다른 나라에 비해 덜 효율적이거나 모든 상품들의 생산에 있어서 절대열위를 가진다 할지라도 여전히 모든 나라에 이득이 되는 무역을 할수 있다는 근거가 있다는 점에서 스미스의 절대우위 이론보다 더 뛰어나다. 무역을 통한 이득은 각국이 생산에 전문화 되고 우위를 가지는 상품들을 수출하고 다른 상품들을 수입할때 발생하는 모든 상품들의 증가된 생산에서 발생한다. 다른 나라에 비해 덜 효율적인 나라는 다른나라들과 같은 통화라는 점에서 상대우위를 가진 상품들을 더 싸게 만들기 위해 다른 나라들보다 임금과 다른 비용들을 효율적으로 낮춤으로써 비교우위를 가지는 상품들을 수출할수 있을 것이다.
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Experience
Years of experience: 10. Registered at ProZ.com: Mar 2016.
I have been an instructor in private academy for many years.
So I always use English to teach students.
Also, I took a course of media translation in The line Academy.
I can fluently write and translate from English to Korean and from Korean to English.
My official rate is as below.
• English to Korean : USD 0.09/word
• Korean to English : USD 0.10/word
My recent translation is
• Competency brochure Leadership
• A Mobile Security Application
• Economic theories
etc.
• Professional level of fluent reading, writing in English, Korean
• Proficient in various computer applications
(MS Office, SDL Trados, etc.)