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The reactions to these first signals from the Clinton team has been sharply divergent.
In California's Silicon Valley Lucky-Goldstar's white-frocked research scientists delve into the mysteries of state -of -the-art semiconductor technology. A.most lucrative B.markedly advanced C.state-run D.nationalized
The reactions to these first signals from the Clinton team have been sharply divergent.
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Figures show that the bulk of China’s foreign obligations consist of non-bank trade-relatedcredits which exceed US 4 billion.
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.( )
The administration will begin retaliating in six weeks if EC policies remain unchanged.
passage 1 The company’s new formula was designed partly to keep Coke’s sales growing overseas. Compared with Americans, who guzzle more soda than water, the rest of world is still in the sipping stage. Coca-Cola’s goal is to kick up its slowing growth rate outside the U.S. from about 3% a year to 10%. Company executives think a less filling, more “guzzleable” new Coke will help. Domestically, sales of soft drinks have been bubbling a long nicely. They grew 6% last year, vs. 2% to 3% a few years ago. But the cola makers may experience more growing pains, at least with the high-calorie colas that acfor half of all sales (diet colas hold about 12%). Baby-boomers are showing a strong preference for healthier, less fattening drinks as they age-every-thing from diet soda to bottled water to fruit juice.36.What is the difference between “guzzle” “ sip” in meaning?37.What does “less filling” mean?38.Could you tell the reason why there is a slow increase of high-calorie-cola sales?
The signs that south Korea has aggressively made inroads into the EC markets have not been
countervailing duty
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