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Businessmen battled with bureaucracy in an effort to fulfill their hopes.( ) A. turn out B. fill out C. carry out D. come out
自由市场
To the administration, Tokyo appears more “result-oriented” than the Community, prompting hopes that bargains can be reached with Japan to ease frictions on a range of issues. A. lower prices B. discounts C. deals D. agreements
Last year China’strade surplus surged buoyed by exports of toys , textiles consumer electronics.
On Octorber 14th French farmers held another “day of action” - blocking rads.planting wheat in awkward places so forth - in protest at the planned reforms. A.clumsy B.improper C.inconvenient D.embarrassing
Major suppliers to the Hong Kong egg market are making greater efforts to increase the competitiveness of their products.( ) A. capability of competition B. possibility of competition C. probability of competition D. competitor
经济衰退
Passage 2 It is time to junk much conventional wisdom about the US economy. Until recently, most analysts assumed the recovery from recession would remain abnormally weak. looking further ahead they assume that the US would continue to decline economically relative to other industrial countries, principally Japan a more unified European Community. Both assumptions are now looking shaky. A clutch of much stronger than expected data suggests the US recovery is finally beginning to take off. Output per hour increased 2.7percent last year-the fastest productivity growth in 20 years. With productivity increases translating into impressive gains in corporate profits, US share prices are hitting record high the dollar is beginning to climb relative to other leading currencies. For internationally mobile capital, the attractions of the US economy are enhanced by worse than expected performance just about everywhere else. Growth throughout Europe is being held back by the strains imposed by German unification currency instability, Japan, meanwhile, is struggling with its worst financial crisis in decades. President Mr. Bill Clinton is not only inheriting a lean, productive economy, he is inheriting the most encouraging inflation outlook for a generation. Consumer prices are expected to rise by only about 2.5% to 3% this year next. Mr. Clinton, however, in his State of Union address on February 17, is expected to announce an economic stimulus worth about US $ 30 billion, or 0.5 percent of GDP. He will also announce longer term plans to tackle the familiar budget deficit, now running at about $ 300 billion but expected nearly to double within a decade because of runaway growth of spending on health care other ‘entitlement’ programs.Statements: 47.The conventional wisdom about the US economy assumed that the recovery would remain abnormally weak.( ) 48.The US economy recovery becomes more attractive for internationally mobile capital because the US recovery is abnormally strong.( )49.Both assumptions are now looking right.( )50.Mr. Clinton will make effort to slash the familiar budget deficit.( )51. The budget deficit of US is expected to be worse in the next ten years.( )
Stock-taking of the open policy will come later this year.
The single market is central to the community’s progress,but it is by no means certain that it could stalone.
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