If imports and exports are balanced, it is the job of the government to correct a def
此题为判断题(对,错)。
此题为判断题(对,错)。
第1题
第2题
Which of the following statement is true?
A.Deficit may lead government to reduce interest rate.
B.Deficit may lead government to raise expenditure on imports.
C.Surplus may lead government to stimulate imports from foreign countries.
D.Surplus may lead government to reduce expenditure on imports.
第3题
(1) The importation of goods into a China free trade zone
(2) The importation of equipment under an operating lease
(3) The importation of raw materials under a processing trade
(4) The importation of raw materials under a general trade
A.1, 2, 3 and 4
B.1, 2 and 3 only
C.1 and 3 only
D.2 and 4 only
第4题
“Energy independence” and its rhetorical (修辞的) companion “energy security” are, however, slippery concepts that are rarely though through. What is it we want independence from, exactly?
Most people would probably say that they want to be independent from imported oil. But there are reasons that we buy all that old from elsewhere.
The first reason is that we need it to keep our economy running. Yes, there is a trickle(涓涓细流)of biofuel(生物燃料)available, and more may become available, but most biofuels cause economic waste and environmental destruction.
Second, Americans have basically decided that they don't really want to produce all their own oil. They value the environmental quality they preserve over their oil imports from abroad. Vast areas of the United States are off-limits to oil exploration and production in the name of environmental protection. To what extent are Americans really willing to endure the environmental impacts of domestic energy production in order to cut back imports?
Third, there are benefits to trade. It allows for economic efficiency, and when we buy things from places that have lower production costs than we do, we benefit. And although you don't read about this much, the United States is also a large exporter of oil products, selling about 2 million barrels of petroleum products per day to about 90 countries.
There is no question that the United States imports a great deal of energy and, in fact, relies on that steady flow to maintain its economy. When that flow is interrupted, we feel the pain in short supplies and higher prices, At the same time, we derive massive economic benefits when we buy the most affordable energy on the world market and when we engage in energy trade around the world.
61. What does the author say about energy independence for America?()
A.It sounds very attractive.
B.It ensures national security.
C.It will bring oil prices down.
D.t has long been everyone's dream.
62. What does the author think of biofuels?()
A.They keep America's economy running healthily.
B.They prove to be a good alternative to petroleum.
C.They do not provide a sustainable energy supply.
D.They cause serious damage to the environment.
63. Why does America rely heavily on oil imports?()
A.It wants to expand its storage of crude oil.
B.Its own oil reserves are quickly running out.
C.It wants to keep its own environment intact.
D.Its own oil production falls short of demand.
64. What does the author say about oil trade?()
A.It proves profitable to both sides.
B.It improves economic efficiency.
C.It makes for economic prosperity.
D.It saves the cost of oil exploration.
65. What is the author's purpose in writing the passage?()
A.To justify America's dependence on oil imports.
B.To arouse Americans' awareness of the energy crisis.
C.To stress the importance of energy conservation.
D.To explain the increase of international oil trade.
第5题
Large-scale intensive meat and poultry production is a waste of food resources. This is because more protein has to be fed to animals in the form. of vegetable matter than can ever be recovered in the form. of meat. Much of the food value is lost in the animal's process of digestion and cell replacement. Neither, in the case of chicken, can one eat feathers, blood, feet or head. In all, only about 44% of the live animal fits to be eaten as meat.
This means one has to feed approximately 9-l0 times as much food value to the animal than one can consume from the carcass. As a system for feeding the hungry, the effects can prove disastrous. At times of crisis, grain is the food of life.
Nevertheless, the huge increase in poultry production throughout Asia and Africa continues.
Normally British or US firms are involved. For instance, an American based multinational company has this year announced its involvement in projects in several African countries. Britain's largest suppliers chickens, Ross Breeders, are also involved in projects all over the world.
Because such trade is good for exports, Western governments encourage it. In 1979, a firm in Bangladesh called Phoenix Poultry received a grant to set up a unit of 6,000 chickens and 18,000 laying hens. This almost doubled the number of poultry kept in the country all at once.
But Bangladesh lacks capital, energy and food and has large numbers of unemployed. Such chicken-raising demands capital for building and machinery, extensive use of energy resources for automation, and involves feeding chickens with potential famine-relief protein food. At present, one of Bangladesh's main imports is food grains, because the country is unable to grow enough food to feed its population. On what then can they possibly feed the chicken?
In this passage the author argues that ______.
A.efficiency must be raised in the poultry industry
B.raising poultry can provide more protein than growing grain
C.factory farming will do more harm than good to developing countries
D.hungry nations may benefit from the development of the poultry industry
第6题
The news comes as the World Bank is about to open its annual meeting in Washington—an event that has been troubled in recent years by protests that the Bank and its sister Institution, the International Monetary Fund (IMF 国际货币组织), have done too little for the world's poor. (80) The new economic research will not put an end to that dispute. Vast populations remain poor, and many still question the wisdom of World Bank policies. Nonetheless, the research findings are helpful to understand what policies should be followed by those institutions and hundreds of other development groups working very hard to hasten the pace of world economic progress. If dramatic gains are under way, the present policies—calling for open markets, free business activities, and tight monetary control—are working and correct.
But critics of IMF and World Bank policies maintain that such economic success stories as Japan, China, South Korea and Singapore are rooted in more than just "free" markets. These nations have managed to grow rapidly, and thereby reduce poverty, by limiting imports when their domestic industries were young, pushing exports to rich nations, and putting controls on purely international financial flows. They have been open to foreignowned factories but have often insisted that those investors share the knowledge and skill on modern technologies.
The word "plunged" in the first paragraph means ______.
A.decreased
B.climbed
C.increased
D.dropped into water
第7题
Tench Cars (Tench) is large national car manufacturing business. It is based in Essland, a country that has recently turned from state communism to democratic capitalism. The car industry had been heavily supported and controlled by the bureaucracy of the old regime. The government had stipulated production and employment targets for the business but had ignored profit as a performance measure. Tench is now run by a new generation of capitalist business people intent on rejuvenating the company’s fortunes.
The company has a strong position within Essland, which has a population of 200 million and forms the majority of Tench’s market. However, the company has also traditionally achieved a good market share in six neighbouring countries due to historic links and shared culture between them and Essland. All of these markets are experiencing growing car ownership as political and market reforms lead to greater wealth in a large proportion of the population. Additionally, the new government in Essland is deregulating markets and opening the country to imports of foreign vehicles.
Tench’s management recognises that it needs to make fundamental changes to its production approach in order to combat increased competition from foreign manufacturers. Tench’s cars are now being seen as ugly, pollutive and with poor safety features in comparison to the foreign competition. Management plans to address this by improving the quality of its cars through the use of quality management techniques. It plans to improve financial performance through the use of Kaizen costing and just-in-time purchasing and production. Tench’s existing performance reporting system uses standard costing and budgetary variance analysis in order to monitor and control production activities.
The Chief Financial Officer (CFO) of Tench has commented that he is confused by the terminology associated with quality management and needs a clearer understanding of the different costs associated with quality management. The CFO also wants to know the impact of including quality costs and using the Kaizen costing approach on the traditional standard costing approach at Tench.
Required:
Write to the CFO to:
(a) Discuss the impact of collection and use of quality costs on the current costing systems at Tench. (6 marks)
(b) Discuss and evaluate the impact of the Kaizen costing approach on the costing systems and employee management at Tench. (8 marks)
(c) Briefly evaluate the effect of moving to just-in-time purchasing and production, noting the impact on performance measures at Tench. (6 marks)
第8题
A successful WTO round requires two big bargains to be struck: a transatlantic deal between America and the EU and a north-south deal between the rich and the poor. Yet at Seattle this year there is a long way to go before such broad bargains can be considered, let alone struck.
America wants a few priority issues to be settled. Its list includes an extension of the duty-free status of e-commerce, a broader IT pact, reform. of the WTO dispute settlements system, increased WTO transparency and the phase out of tariffs in eight sectors including chemicals, energy products and environmental products. The EU on the other hand professes to want a more comprehensive approach that focuses on removing tariff peaks for such imports as textiles, glass and footwear, but would preserve tariff preferences for developing countries.
The biggest obstacle may be the insistence of many developing countries that they will block further liberalization until their gripes over the Uruguay round are addressed They want their obligations in areas such as intellectual property, investor protection, subsidies and anti-dumping to be eased. They argue that the Uruguay round has failed to deliver expected benefits in such areas as agriculture and textiles.
Though by no means a monolithic block, the developing countries share a feeling that whatever the promise of liberalization at the WTO, rich countries will Conspire to keep their markets closed. Indeed, the EU insists that freeing trade should be "controlled, steered and managed according to the concerns of EU citizens". That is in keeping with a view, widespread on the continent, that "a protectionist trade policy is a price readily paid for political objectives".
However great these obstacles are, they could be overcome if America were still leading the drive for freer world trade. With its economy doing well, greater access to foreign markets seems a less pressing priority. The Clinton administration is unwilling to make politically painful concessions required to achieve that aim. So there is a possibility that the Seattle round will turn out to be a fiasco. If that happens, it will encourage the anti-WTO groups to go on the offensive. America, the EU and Japan would increasingly be tempted by managed trade.
The WTO's transparent and non-discriminatory rules require all member countries to ______.
A.exchange domestic markets for foreign markets
B.make concessions in foreign trade
C.adopt the most effective route to free trade
D.enforce trade policies even handedly
第9题
However, in spite of buoyant stock markets over the last couple of years, Mezza Co’s share price has remained static. It is thought that this is because there is little scope for future growth in its products. As a result the company’s directors are considering diversifying into new areas. One possibility is to commercialise a product developed by a recently acquired subsidiary company. The subsidiary company is engaged in researching solutions to carbon emissions and global warming, and has developed a high carbon absorbing variety of plant that can be grown in warm, shallow sea water. The plant would then be harvested into carbon-neutral bio-fuel. This fuel, if widely used, is expected to lower carbon production levels.
Currently there is a lot of interest among the world’s governments in finding solutions to climate change. Mezza Co’s directors feel that this venture could enhance its reputation and result in a rise in its share price. They believe that the company’s expertise would be ideally suited to commercialising the product. On a personal level, they feel that the venture’s success would enhance their generous remuneration package which includes share options. It is hoped that the resulting increase in the share price would enable the options to be exercised in the future.
Mezza Co has identified the coast of Maienar, a small country in Asia, as an ideal location, as it has a large area of warm, shallow waters. Mezza Co has been operating in Maienar for many years and as a result, has a well developed infrastructure to enable it to plant, monitor and harvest the crop. Mezza Co’s directors have strong ties with senior government officials in Maienar and the country’s politicians are keen to develop new industries, especially ones with a long-term future.
The area identified by Mezza Co is a rich fishing ground for local fishermen, who have been fishing there for many generations. However, the fishermen are poor and have little political influence. The general perception is that the fishermen contribute little to Maienar’s economic development. The coastal area, although naturally beautiful, has not been well developed for tourism. It is thought that the high carbon absorbing plant, if grown on a commercial scale, may have a negative impact on fish stocks and other wildlife in the area. The resulting decline in fish stocks may make it impossible for the fishermen to continue with their traditional way of life.
Required:
Discuss the key issues that the directors of Mezza Co should consider when making the decision about whether or not to commercialise the new product, and suggest how these issues may be mitigated or resolved.