Ⅰ。Choose one answer that best explains the underlined part of the following statements or best completes them：（30%）
1.The government decided to slash its tariff by 25 percent.
A. reduce drastically B. divide
C. increase D. raise
2.Trade accords helped the healthy development of those small countries.
A. moving B. integration
C. agreement D. standardization
3.Also noteworthy was the implementation by the Paris Club of a new menu of enhanced concessions in debt reschedulings for the severely indebted， low-income countries.
A. list B. arrangement
C. contract D. plan
4.To the administration， Tokyo appears more“result-oriented”than the Community， prompting hopes that bargains can be reached with Japan to ease frictions on a range of issues.
A. lower prices B. discounts
C. deals D. agreements
5.Last year， however， China ousted the US to become the second largest exporter to the emirate with goods worth more than $ 1，000 million， or 8 per cent of Dubai's total import bill.
A. drove out B. replaced
C. aroused D. urged
6.The strong increase in imports last year is attributed to buoyant economic activity.
A. pessimistic B. strong
C. optimistic D. brisk
7.People from a private industry background sometimes encounter frustration when dealing with command economy.
A. misunderstanding of one's purpose
B. discontentment because unable to achieve desires
C. physical injury
D. attack of bad words
8.The Chinese officials in charge flatly refused to supply bilingual labels.
A. carefully and attentively B. rudely and violently
C. politely and respectfully D. completely and firmly
9.Western companies are supposed to be the masters of innovation.
A. newly introduced ideas or methods
B. market research
C. effective production
D. sophisticated products
10.Japanese manufacturers send their top staff to hepl out and hand any proprietary know-how needed.
A. questions B. practical ability or skill
C. information D. trouble
11.Any western firm will have little choice but to step on the new treadmill too.
A. way of production B. routine
C. technical innovation D. development approach
12.Officials say that this trade policy overhaul will help the economy.
A. catch B. examination
C. thorough change D. stop
13.Technical literacy is now more widely diffused throughout Japanese business.
A. understood B. accepted
C. admired D. scattered
14.Only weeks after Matsushita launched a rival to Sony's palm-sized camcorder， Sony hit back with two new models.
A. new product for competition
B. innovation programme
C. a large sum of money for a new model
D. new ideas for camcorder
15.This will strengthen China's market-oriented economy， making it more compatible with the economies of other WTO members.
A. different from B. competitive with
C. agreable to D. liberal than
Ⅱ。Translate the following phrases into Chinese：（10%）
17.customs duties and taxation
21.at the summit meeting
22.on a conservative estimate
Ⅲ。Translate the following phrases into English：（10%）
Ⅳ。Read the following passages and answer the following questions in English：（24%）
If European aren't bursting to give the single market a coming-out party， it may simply be that markets aren't the kinds of things people gush about， as EC commission president Jacaues Delors has often noted. The fact that free movement of people—and aspect of the market that will be most evident to the average person—is not yet a reality also plays a role.
Another explanation is that many of the market's original 282 directives have already been implemented.
“By Jan. 1 we ill have passed 95 per cent of what we sought in 1986 to create the single market， and much of the will already have been translated into national law，”says Perissich.“Adjustment to the market has been going on for years and won't be expected overnight.”
36.What does“EC”stand for and what is the meaning of“gush about”？
37.Paraphrase the underlined sentence.
38.In addition to people， what else can be moved freely within the Single Market？
An insistence that Europe and Japan create a“level playing field”for trade by agreeing to give U.S. exporters the same access to their markets as foreign companies receive in the United States. This push to expand U. S. manufacturing exports is considered essential politically to fulfill President Bill Clinton's campaign promise of more“high-wage， high skill”jobs for Americans.
A willingness to impose sanctions on major trading partners to reduce trade barriers abroad， with less patience for drawn-out negotiations. Administration officials see little risk that this more aggressive policy could escalate into a full-fledged trade war that would shock the world's fragile economies. Thus， the administration will not be deterred by complaints that it has moved to“protectionism”。
39.What is the meaning of a“level playing field”for trade？
40.In what way could this push help“fulfill President Bill Clinton's campaign promise”？
41.Why would the administration not be deferred from exercising the more aggressive policy？
Ⅴ。Read the following two passages and decide whether the statements are true or fales. Mark T for true and F for false in the brackets given：（15%）
Both late sleepers and early risers find the fixed hours of a nine-to-five work day a problem. Now there is an answer that seems to please them both. Employees of over 500 businesses， organizations and government agencies in the United States are adapting their work hours to suit their individual needs. It's called“flexible time”（flextime） and it means， for example， that employees can start working at any time during the first three hours their office is open and leave after completing their required daily working time. Early risers can begin work at seven a. m. ， finish at three and still have daylight time for shopping， picking up children at school， or recreation. Late sleepers need not report for work until 10 a. m.—but they must stay on their job until six in the evening.
Says a Boston， Massachusetts， bank official：“Our employees like the system， and tardiness has been virtually eliminated. Fewer people are absent， turnover has dropped markedly， and productivity and morale have risen.”
42.Workers who either enjoy sleeping late or rising early react angrily to a flexible work hour schedule.（ ）
43.Workers have to start working at a fixed time.（ ）
44.Workers benefit from the flexible work schedule， as late sleepers have plenty of sleep.（ ）
45.The earliest possible time for someone to get out of work on an eight-hour schedule is 3 p.m.（ ）
46.In this passage the author seems to suggest that flexible time work hours is a terrible idea. （ ）
The past thirty years have seen a dramatic transformation in Thailand's industrial structure. From a primary product producer and exporter， Thailand has evolved into a major regional manufacturing force. Agriculture now accounts for less than 13 percent of economic activity while manufacturing contributes more than 26 percent.
Structural transformation is most evident in the export sector. Manufactured exports have more than doubled from around 30 percent of total exports in 1980 to over 70 percent in 1990. Textiles have supplanted rice as Thailand's major export item and the nation is now a major exporter of more sophisticated products such as hard disk drivers for computers， precision micro ball bearings， and integrated circuits.
The structural shifts of the Thai economy have been fueled in part by the extremely rapid growth of the economy in recent years. Following a steady 5.5 percent growth in real gross domestic product （GDP）from 1980 to 1986， the economy accelerated into double digit growth in 1988 with GDP increasing by 13.2 percent—the highest in East Asia. This was repeated in 1989 and 1990 with growth of 12.2 percent and 10 percent respectively. The economy is expected to grow by 8-9 percent per annum in the 1990s.
A key factor in Thailand's economic success in recent years has been the stable macroeconomic environment which has greatly facilitated private sector decision making. Macroeconomic imbalances which plague many industrializing countries have been contained in Thailand.
Prudent monetary policy has led to stable prices although， as the economy entered its rapid growth phase in the late 1980s， inflation crept up to relatively high but still manageable levels of 5.4 percent in 1989 and 6.0 percent in 1990. Inflation is expected to reach about 6.0 percent again in 1991.
Inflows of foreign capital and technology transfer have also contributed significantly to the structural transformatin. From the end of 1986， Thailand became a favorite location for foreign firms escaping from appreciating currencies and escalating labor costs at home.
47.Rice is still Thailand's major export item now.（ ）
48.Sophisticated goods are goods that are consumed by clever people.（ ）
49.There have been large inflows of foreign capital and technology transfer to Thailand since 1986， because foreign firms want to escape from appreciating currencies and increasing labor costs at home.（ ）
50.The stable macroeconomic environment has been one of the chief factors in Thailand's economic success in recent years.
51.Thailand's inflation rate in recent years has stayed at manageable level， which attributes to government monetary stimulus.
Ⅵ。Translate the following passage into Chinese：（11%）
52.But while the reasons for throwing 19 areas and cities open to foreign investment and technology transfer are clear， how the preferential systems will operate is not. This is due largely to the intensity of competition among the 19， coupled with the inexperience of most local authorities both in making decisions and in dealing with the outside world. However， there are important differences between the SEZs and the coastal cities and even among the coastal cities themselves.