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Aggregate statistics for 1991 were influenced by the sharp decline in output in Central Eastern Europe, as well as by the adverse effects of the Gulf crisis on several economies in the Middle East. A.accumulated B.total C.given D.calculated
One of the central justifications for the single market was its ability to create greater prosperity.
some of the Clinton administration's tough talk appears tactical, intended to pressure trading partners into offering concessions to unblock stalled negotiations on several fronts. But it appears that officials are prepared to turn up the temperature on trade- live with the consequences. In some ways, Mr.Clinton his advisers are following the same well - trod path as the Bush administration, which threatened sanctions against the Community last year walked away from GATT negotiations rather than sign an agreement that would provide only small gains for U.S. companies. The same political pressures from trade hawks in Congress that the Bush officials felt are now bearing down on the Clinton team.Questions:1.Why does the Clinton administration put pressure on its trading partners?2.What are the consequences that the American officials are prepared to see?3.Please paraphrase“Mr. Clinton his advisers are following the same well- trod path as the Bush administration.”
It is not a blueprint for how the single market will actually work.( ) A. detailed plan B. blue color C. legal framework D. blue printer
trade surplus
The local Arabic press has given full coverage to the council’s debates to a series of informal majlis discussions held weekly during Ramadan. In the latter, the issues of youth unemployment, drugs, the role of women the size of the immigrant population were freely discussed. However, observers say Western-style democracy is not on the political agenda as the majlis system enjoys legitimacy appears well-suited to the tribal traditions of Gulf society.
Passage 2 The past thirty years have seen a dramatic transformation in Thailand's industrial structure. From a primary product producer exporter, Thailhas evolved into a major regional manufacturing force. Agriculture now accounts for less than 13 percent of economic activity while manufacturing contributes more than 26 percent. Structural transformation is most evident in the export sector. Manufactured exports have more than doubled from around 30 percent of total exports in 1980 to over 70 percent in 1990. Textiles have supplanted rice as Thailand's major export item the nation is now a major exporter of more sophisticated products such as hard disk drivers for computers, precision micro ball bearings, integrated circuits. The structural shifts of the Thai economy have been fueled in part by the extremely rapid growth of the economy in recent years. Following a steady 5.5 percent growth in real gross domestic product (GDP)from 1980 to 1986, the economy accelerated into double digit growth in 1988 with GDP increasing by 13.2 percent—the highest in East Asia. This was repeated in 1989 1990 with growth of 12.2 percent 10 percent respectively. The economy is expected to grow by 8-9 percent per annum in the 1990s. A key factor in Thailand's economic success in recent years has been the stable macroeconomic environment which has greatly facilitated private sector decision making. Macroeconomic imbalances which plague many industrializing countries have been contained in Thailand. Prudent monetary policy has led to stable prices although, as the economy entered its rapid growth phase in the late 1980s, inflation crept up to relatively high but still manageable levels of 5.4 percent in 1989 6.0 percent in 1990. Inflation is expected to reach about 6.0 percent again in 1991. Inflows of foreign capital technology transfer have also contributed significantly to the structural transformatin. From the end of 1986, Thailbecame a favorite location for foreign firms escaping from appreciating currencies escalating labor costs at home. Statements: 47.Rice is still Thailand's major export item now.( ) 48.Sophisticated goods are goods that are consumed by clever people.( ) 49.There have been large inflows of foreign capital technology transfer to Thailsince 1986, because foreign firms want to escape from appreciating currencies increasing labor costs at home.( ) 50.The stable macroeconomic environment has been one of the chief factors in Thailand's economic success in recent years. 51.Thailand's inflation rate in recent years has stayed at manageable level, which attributes to government monetary stimulus.
The battle to unseat smaller brands, dominate niches, shove competing products out of distribution will be costly exhausting, could go on for years. A.status B.share C.place D.market
Last year, however, China ousted the US to become the second largest exporter to the emirate with goods worth more than $ 1,000 million, or 8 per cent of Dubai's total import bill. A. drove out B. replaced C. aroused D. urged
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