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经济衰退
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economic reession
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One of the central justifications for the single market was its ability to create greater prosperity.
Fiscal stimulus refers to ___. A.increase in the government expenditure cut in taxation B.supply more money bank credit with low interest rates C.encourage investment of industries D.decrease in the government expenditure increase taxation
China is reaping the rewards of reforms first launched by Deng Xiaoping in 1979.
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?
Far from capitulating to this new thrust of American trade policy,Japan is taking a stthat could lead to a trans-Pacific confrontation.
In this area, some foreign investors can enjoy tax breaks.（ ） A. intervals B. preferential gaps C. rests D. preferential policies
International conditions for growth in developing countries deterioratedin 1991.
It is time to tell the Americans they are on the wrong track.
The improved economic climate has been reflected in higher demfor credit.
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