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They claimed that()1,000 factories closed down during the economic crisis.
A . sufficiently
B . approximately
C . considerably
D . properly
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The Hoover Administration()to deal with the economic crisis.
A . took effective measures
B . did not take any measure
C . asked the private sector
D . refused to take strong government actio
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Business was ______ last year because of the financial
crisis.
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How does the wrong career lead to a midlife crisis?
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How serious is the problem?
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The narrator in “Wenlock Edge” has been through a moral crisis.
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The company suffered greatly during the economic crisis , with considerable loss of its(invest)__________.
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The company suffered greatly during thr economic crisis , with considerable loss of its (invest)____________.
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______ , all the people in the company should be responsible for the present crisis .
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In identity crisis, spiritual crisis, economic crisis, marriage crisis and political crisis, the word “crisis” is a species.
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The government should take______measures to live through this economical crisis.
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________ great losses in the financial crisis, the company closed down last year.
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When I grew up a little, I began to ______ the meaning of words in economics such as financial crisis and unemployment in life, that is, inferior food and thriftier life.
A.recover
B.appreciate
C.exaggerate
D.address
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It is reported that the unemployed______great threat of economic crisis this winter.
A.is facing
B.are facing
C.is under
D.have been
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What's the serious problem the developing countries face?
A.People from these countries are poor.
B.People are leaving their countries.
C.There are not enough health workers.
D.Doctors and nurses are not well trained.
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听力原文: Palestinians living in the West Bank and Gaza face the prospect of another fuel crisis.
Israel suspended fuel supplies to those areas in the wake of the suicide bombing that killed 20 Israelis a week ago. The government lifted the ban on Wednesday. Now, the Israeli company that is the sole supplier of fuel to the Palestinians says it may be forced to stop pumping oil to those areas because of Israel's refusal to pay for the fuel with tax money collected on behalf of the Palestinians under the interim peace deals.
The Israeli Company, Dor Energy, said the Israeli government had canceled an earlier arrangement to pay the company for fuel out of the taxes collected.
Israel stopped transferring customs and tax funds to the Palestinian Authority shortly after the current conflict began last September in order to keep the Palestinians from using the money to support the uprising against Israel.
What caused the death of 20 Israelis a week ago?
A.Battle between Israel and Palestine.
B.A suicide bombing.
C.A car bombing.
D.A plane crashing accident.
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How did the economic crisis affect Americans?
A.They had to tighten their belts.
B.Their bank savings rate dropped to zero.
C.Their leadership in the global economy was shaken.
D.They became concerned about China"s financial policy.
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Now that the damage inflicted by the Asian financial crisis looks like it was caused by an economic neutron bomb. The crisis has hurt great numbers of people, but has left the main structures of the world economy standing. The worst of the direct impact may be over. Many of the hardest-hit countries are on the road to recovery, financial "contagion" has been contained and world economic growth seems set to pick up soon.
The most important development, however, is a non-event: the collapse of global capitalism has not occurred. Instead, the post-crisis world is likely to be even more market-oriented than the one that preceded it, with a proliferation of new rules and practices that will help markets to operate more smoothly. The countries recovering best, such as Thailand and South Korea, are doing so by moving further in a free-market direction. None of the affected nations has tried to isolate itself from the global economy, and the widely feared worldwide wave of protectionism has not yet materialized.
Nor has there been the great rethinking of economic globalization that some feared and others advocated. The critics of global capitalism pounced on the crisis as proof of globalization's fatal flaws. Their analyses often concluded that "there must be something better." On the contrary, economists have taken free-market principles as the starting point for new ideas, not called them into question.
There has been much criticism of the so-called Washington consensus—the traditional free-market orthodoxy that uniformly prescribes fiscal discipline, deregulation, and financial liberalization. Partly as a result of the crisis, a new consensus simply adds extra prescriptions—such as better financial supervision, labor market, etc.—to the list. It is an elaboration of the original consensus, not a new departure.
Numerous studies also show that engagement in the global economy leads to higher growth and helps to reduce poverty in developing countries. Today's economic arguments are not over fundamental free-market policies, but what must be done to supplement them. Likewise, the efforts to devise a new "international financial architecture" in the wake of the crisis, due to continue during the spring meetings of the World Bank and the International Monetary Fund in Washington, will not involve rebuilding the system from scratch. The aim is to make incremental improvements in financial rules and practices that will oil the wheels of the market system, not to trade it in for a non-existent new model.
What is the main idea of the first paragraph?
A.After the severe Asian Financial Crisis, the world economy began to recover.
B.Asian Financial Crisis is as devastating as a neutron bomb and causes great damage.
C.There are still direct and indirect impacts so that the economy cannot recover.
D.The direct impact of Asian Financial Crisis has gone.
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As one of the developed countries in Asia, Japan has been sought hegemony in Asia because of its strong power in economy. How about its present economic situation? Today let' s talk about this question. Once a symbol of enormous economic growth, Japan has plunged into a deep recession with the burst of its bubble economy beginning in the early 1990's. This is, without a doubt, the worst economic crisis facing this country since the end of World War Ⅱ. One wonders if Japan can see its way through the storm and overcome these latest doldrums.
In the 1980's, real estate prices soared to super inflated levels, and investors sank their money into the booming stock market. There seemed to be no end in sight for the land of the rising sun. Everything was rising, and the government, financial institutions, and individuals paid little heed to the warning signs of an imminent crash. Then, the bubble burst, and land and stock prices plunged.
What is the result of the crash? Many companies have faltered due to poor sales and bad debt, and have closed their doors. The domino effect on many financial institutions is that they must- bear an enormous number of unrecoverable loads, which have resulted when companies, depending on profits from land in vestments to repay loans, have fund themselves insolvent. Furthermore, many individual depositors, fearing a collapse of more banks and securities companies, have withdrawn their money in droves.
Attempts by tile government to revitalize the sluggish and contracting economy have proven fruitless. Pump-priming measures including tax cuts and public works spending have done little to put the economy on tract again. What's more, the government's decision to increase the consumption tax from 3 to 5 percent in 1997 has had a devastating impact on consumer spending. As for the business sector, companies have tried various measures to streamline management, but other ill effects of such policies, including rising unemployment among older workers, have surfaced and have dealt a huge blow to the recovery process,
Japan' s faltering economy has had an impact on other Asian countries, and some fear that the whole region will be drawn into depression. What will stem the tide of further economic collapse? For one, Japan must stabilize its financial system and take immediate and effective measures to deal with non – performing loans. Revealing the severity of the problem to the public and foreign governments is an essential first step. A more vital solution might be to institute a permanent tax cut to stimulate consumer spending and confidence in the government' s handling of the situation. Ultimately, this will encourage domestic demand for goods and services and will be the driving force behind much of the recovery, That' s the bottom line. Of course, many more factors including deregulation will play a vital role in expediting economic stabilization and growth.
Whatever the case, action must be carried out swiftly and decisively. A passive and .reticent approach to reform. and change is what has hampered any improvement so far. Other nations have encouraged Japan to step up the pace of implementing change, but Japan must make the first step . . . or else we might be witnessing the setting of this great rising sun.
Japan's current economic crisis is the worst since ______.
A.World War Ⅰ
B.World War Ⅱ
C.the Gulf War
D.the Korean War
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The biggest danger facing the global airline industry is not the effects of terrorism, war, SARS and economic downturn. It is that these blows, which have helped ground three national flag carriers and force two American airlines into Chapter 11 bankruptcy, will divert attention from the inherent weaknesses of aviation, which they have worsened. As in the crisis that attended the first Gulf war, many airlines hope that traffic will soon bounce back, and a few terrible years will be followed by fuller planes, happier passengers and a return to profitability. Yet the industry's problems are deeper—and older—than the pain of the past two years implies.
As the 100th anniversary of the first powered flight approaches in December, the industry it launched is still remarkably primitive. The car industry, created not long after the Wright Brothers made history, is now a global industry dominated by a dozen firms, at least half of which make good profits. Yet commercial aviation consists of 267 international carriers and another 500-plus domestic ones. The world's biggest carrier, American Airlines, has barely 7% of the global market, whereas the world's biggest carmaker, General Motors, has (with its associated firms) about a quarter of the world's automobile market.
Aviation has been incompletely deregulated, and in only two markets: America and Europe. Everywhere else deals between governments direction who flies under what roles. These aim to preserve state-owned national flag-carriers, run for prestige rather than profit. And numerous restrictions on foreign ownership make cross-border airline mergers impossible.
In America, the big network carriers face barriers to exit, which have kept their route networks too large. Trade unions resisting job cuts and Congressmen opposing route closures in their territory conspire to block change. In Europe, liberalization is limited by bilateral deals that prevent, for instance, British Airways (BA) flying to America from Frankfurt or Pads, or Lufthansa offering transatlantic flights from London's Heathrow. To use the car industry analogy, it is as if only Renaults were allowed to drive on French motorways.
In airlines, the optimists are those who think that things are now so bad that the industry has no option but to evolve. Frederick Reid, president of Delta Airlines, said earlier this year that events since the 911 attacks are the equivalent of a meteor strike, changing the climate, creating a sort of nuclear winter and leading to a "compressed evolutionary cycle". So how, looking on the bright side, might the industry look after five years of accelerated development?
According to the author, the deeper problems of aviation industry ______.
A.are the effects of various disasters
B.are actually not fully recognized
C.are attracting a lot of attention
D.are not the real cause of airlines' bankruptcy
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The financial crisis resulted in the increase in the number of laid-off workers. (翻译)
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_________ tht the government cn led them out of the finncil crisis, peoplere optimisticbou
_________ tht the government cn led them out of the finncil crisis, peoplere optimisticbout the future of
A.Convincing
B.Convinced
C.To convince
D.Having convinced
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The Late Middle Ages are often described as a period of crisis and decline.()
是
否
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The present crisis bears some ________(similar) to the oil erisis of the 1970s