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The China numbers are enormous,but so are the stakes for businesses wanting to compete globally.
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There were no breakthroughs in the Uruguay Round of GATT negotiations on key elements.( ) A. achievements B. failures C. accommodations D. sluggishness
Passage 2 An insistence that Europe Japan create a “level playing field” for trade by agreeing to give U.S. exporters the same access to their markets as foreign companies receive in the United States. This push to expU. S. manufacturing exports is considered essential politically to fulfill President Bill Clinton's campaign promise of more “high-wage, high skill” jobs for Americans. A willingness to impose sanctions on major trading partners to reduce trade barriers abroad, with less patience for drawn-out negotiations. Administration officials see little risk that this more aggressive policy could escalate into a full-fledged trade war that would shock the world's fragile economies. Thus, the administration will not be deterred by complaints that it has moved to “protectionism”. 39.What is the meaning of a “level playing field” for trade? 40.In what way could this push help “fulfill President Bill Clinton's campaign promise”? 41.Why would the administration not be deferred from exercising the more aggressive policy?
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American hopes that pressure from the U. S.will force Japan to suddenly dismantle its trade barriers are almost certain to evaporate in disappointment. The fact is that Washington faces an obstacle far more formidable than a few power brokers in Tokyo's government offices. It must buck centuries-old, deeply ingrained Japanese customs. To move the Japanese government, Washington must move an entire nation.Questions:1.What are American hopes?2.Can their hopes come true? Why? Or why not?3.What does ‘move’ mean in the given context?
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The European community other large trading partners to task for their "unfair trading practices" .
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