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futures market
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期货市场
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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?
Figures show that the bulk of China’s foreign obligations consist of non-bank trade-relatedcredits which exceed US 4 billion.
Businessmen battled with bureaucracy in an effort to fulfill their hopes.（ ） A. turn out B. fill out C. carry out D. come out
Far from capitulating to this new thrust of American trade policy,Japan is taking a stthat could lead to a trans-Pacific confrontation.
Last year China’strade surplus surged buoyed by exports of toys , textiles consumer electronics.
Migrant workers crowd the narrow shoulders.
The term “real disposable income” is used to mean personal income __. A.for living expenses in constant dollar value B.for consumption investment in short run C.after taxes with elimination of inflation factors D.disallowing for price changes resulting from inflation
deinflationary policies
…to give me a product that's competitive in price quality, I'll take it hands down. A.I'll take it easily B.I'll take it with my hands C.I'll no doubt take it D.I'll take it away
Speculators profited handsomely from the price fluctuation of the 1990s.（ ） A. stability B. flexibility C. volatility D. regulation
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