China’s __ of the Renminbi in 1994 signals the end of the game to some degree.A、reval
A.revaluation
B. appreciation
C. depreciation
D. devaluation
A.revaluation
B. appreciation
C. depreciation
D. devaluation
Section B
Directions: There are 2 passages in this section. Each passage is followed by some questions or unfinished statements. For each of them there are four choices marked A, B, C and D. You should decide on the best choice.
Movie directors sometimes shoot two endings to a film, undecided about which to use until the very last minute. In the Casablanca everyone knows, Ingrid Bergman leaves Humphrey Bogart, but in another ending Bogart got the girl.
In some ways, it feels like we're in the middle of a movie made by some deranged(疯狂的) economist, and we don't know yet if we're going to get the happy ending or the sad one. Does the rise of China and India supercharge(提高) global growth, or will all the new competition pull down wages in the industrialized world? Is this period going to be titled The Bright Dawn or The Big Squeeze?
Certainly for workers in the industrialized world, the latest Signs are troubling. Profits seem to be outpacing wages just about everywhere. As a result, from Japan to the US to Europe, labor is getting a smaller share of the economic pie. The numbers are pretty straightforward: In Japan, the share of national income going to workers dropped from 53.1% in 2001 to 51.1% in the year ending with the first quarter of 2005. In the U.S., the employee share of gross domestic income dropped from 58% to 56.8%. In Western Europe, workers' share of national income dropped from 51.7% in 2001 to 50.5% at the end of 2004, before bouncing up a bit in the latest quarter.
An obvious—and pessimistic—explanation for this broad decline is the intensification of global competition, forcing formerly privileged workers in advanced countries to accept a lower standard of living. Harvard economist Richard Freeman has argued that the entry of China, India, and the former Soviet countries into the global economy has effectively doubled the size of the world's workforce. As a result, labor is relatively abundant, capital is relatively scarce, the returns to labor go down, and the returns to capital go up.
"Having twice as many workers and newly the same amount of capital places great pressure on labor markets throughout the world," writes Freeman. That shifts the balance of power in markets toward capital, as more workers compete for working that capital.
This is the unhappy ending to the global economy story. However, the numbers are also consistent with another, much more upbeat(乐观的) ending. It could be that corporate restructuring efforts in Japan and Europe are finally taking hold, leading to higher profits and faster productivity growth, even as US companies continue their efforts to boost efficiency; And it could be that there's just a lag before the productivity gains get passed on to workers in the form. of higher wages.
So, will we get the happy ending or the sad ending? There's no way of telling yet—but hey, what fun is a movie with a predictable ending?
Similar to the story in the movie Casablanca, the world economy______.
A.is experiencing dramatic changes
B.is set in complicated political factors
C.involves fierce competition between different parties
D.is developing into two possible opposite directions
The teenage years should be the best years of your life!
Young people often hear adults say this, but many teenagers disagree. They simply don’t feel like they’re in the midst of their best years. The pressures of school exams and concerns about relationships with family and friends create a great deal of stress for the average teenager. Many find ways to cope with the stress. But for a large number of teens, their problems seem impossible to deal with. When this happens, the young person may fall into depression.
In mainland China, a survey found that 16 percent of college students suffered from fear, anxiety, or depression. Increasing mental health problems have prompted the government to look for possible solutions.
This growing trend extends beyond Asia, too. Studies in the U.S. and the UK show that teenage depression is on the rise. A 2004 report stated that emotional problems among Britain’s youth have increased by 70 percent over the past 25 years.
Faced with these startling numbers, mental health professionals are hoping to raise awareness. Depression can range from mild unhappiness to thoughts of suicide. For this reason, adults should take the illness seriously. Parents can do this by learning about the causes and symptoms of teen depression.
Some factors that may lead to teenage depression are:
●Overwhelming expectations by parents and other adults
●Parental separation or divorce
●Death of a loved one
●Moving to a new location
●Physical illness
Most of the time when teens are depressed, there’something wrong in their lives, says UCLA psychology professor Constance Hammen. Kids often get depressed because bad things happen to them that they don’t have the coping skills to deal with.
If you are experiencing any symptoms of depression, you need to talk with someone. There’s no shame in being depressed. Most people suffer from it at one time or another.Unfortunately , feelings of depression may cause you to feel hopeless about your life and your future. But another person can help you put things in perspective.
(1)In paragraphs 3 and 4, a survey in mainland China and a 2004 report are mentioned to ______________.
A、indicate the contrast between mainland China and UK
B、show teenage depression is a serious problem in mainland China
C、show teenage depression is a growing problem in UK
D、indicate teenage depression is a growing problem in many countries.
(2)Why do kids often get depressed according to Constance Hammen?
A、Because bad things often happen to them.
B、Because there’s something wrong in their life.
C、Because they can’t deal with the problems.
D、Because they are weak.
(3)All of the following can fall into the category of depression EXCEPT __________.
A、stress
B、mild unhappiness
C、some mental or emotional problems
D、thoughts of suicide
(4)If you feel depressed, you should __________.
A、be ashamed
B、feel hopeless
C、talk to someone
D、enjoy your best years
(5)The word it in the last paragraph refers to ______________.
A、a problem
B、depression
C、shame
D、a disease
The farmers are reported to have difficulty in______.
A.hiring harvest workers
B.selecting the right fruit to grow
C.selling their farm produce
D.changing their way of farming
Kulangsu promotes China’s maritime culture. ()
I'm convinced that China's WTO membership will do morecontributionsto the development of global economy.
A.significient
B.signify
C.signature
D.sign