During the last thirty years, the
international economy has experienced a basic change. Improvements in the
Internet and other communications have had important effects on world markets.
Faster methods of transport from one place to another have made the world seem
smaller to the businessmen. As a result, the world no longer. consists of a
number of separate economies under the control of different nations. Instead,
the nations have been integrated into a single economy, and the integration is
becoming more and more complete every year. For the first time in history, we
can truly speak of a global economy. The most dramatic example of this integration was the oil crisis of 1973 and 1974. It came as a great surprise to the public in the industrial nations to discover that they depended so heavily on imported oil. However, the bes A. the dependence of the industrial countries on imported oil B. the fundamental change in world economy C. the expansion of international corporations D. the Internet and world economy [单项选择]
Passage Four [简答题]Passage 3
During the early American colonial years, corn was more plentiful than wheat, so corn bread was more common than wheat bread. Friendly Indians showed colonists how to grow corn and how to prepare it for food and pioneer women then improved the Indian cooking techniques. When people traveled, they went to foot or horseback, sleeping and eating in the forests. They carried corn bread for sustenance; the corn bread came to be called journey cake. Later when roads and taverns were built and stagecoaches carried passengers, journey cake became johnnycake, a name many easterners still use for corn bread. The kinds of bread made with cornmeal were-and still are-almost without limit. Every region has its specialities.
From the start, southerners showed a preference for white cornmeal, northerners for yellow. And pioneers on the frontier, when then ran out of yeast, made salt-rising bread. They stirred together water, a little water-ground cornmeal, potatoes, and salt. they set
A. A.The colonists preferred corn bread. B.Corn bread did not spoil as rapidly as wheat bread did. C. Corn was more abundant. D. The colonists did not know how to make wheat bread. [单项选择]Passage Two
During this period a number of important structural measures have been taken with partic-ular significance for the banking sector. The first was the unification of the Renminbi (RMB) exchange rates and foreign exchange markets in January 1994. Second, the passage of central banking and commercial banking laws in 1995 has provided legal basis for the banking system in China. Third, the acceptance of the obligations of Article VIII of the Articles of Agreement of the International Monetary Fund in December 1996, namely commitment to RMB current-ac-count convertibility, has officially removed the remaining restrictions on international payments for trade and service transactions.foreign exchange can be bought or sold without any restrictions in foreign exchange markets.
A. Right B. Wrong C. Doesn’t say [简答题]Passage Two
Earthquakes The tremors dislodged part of a hillside, which gave way, brushing trains, stations and bodies the water below. [单项选择]Passage Five
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