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glut of supplies
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Still,the comparisons with Japan,Inc. are more than empty flattery;in fact,they signal Korea s gathering clout.
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?
The single market is central to the community’s progress,but it is by no means certain that it could stalone.
In1991, for the second year in a row,the economies of low-income middle-income countries virtually stagnated.
Only weeks after Matsushita launched a rival to Sony's palm-sized camcorder, Sony hit back with two new models. A. new product for competition B. innovation programme C. a large sum of money for a new model D. new ideas for camcorder
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The government decided to slash its tariff by 25 percent. A. reduce drastically B. divide C. increase D. raise
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In statistics, amounta are often expressed in constant US dollars. The sentence means that
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