From the 1945, the UK’s economy has experienced a decline.

A．doubled

B．reached to $ 7 trillion

C．increased four times

D．increased by $ 7 trillion

?Choose the best word to fill each gap from A, B, C or D on the opposite page.

?For each question 21-30, mark one letter (A, B, C or D ) on your Answer Sheet.

After three years of sluggish or no growth, Mexico's economy is set to expand by 3% to 3.5% in 2004. The US turnaround will be (21) to Mexico's outlook, since the US buys almost 88% of Mexican export.

Progress can be seen in Mexico's industrial (22) Production began growing again in October and is now showing its best performance in nearly four years. A 20% depreciation of the peso against the US dollar over the past two years has helped exporters' competitiveness. The economy has also (23) from lower interest rates, a byproduct of the drop in inflation, which (24) just 3.98% in 2003.

Falling rates have bolstered consumer borrowing. While hank lending to companies has (25) , consumer credit has grown some 30% in the past two to three years, and nonbank mortgage lending has also expanded significantly. Easy credit has (26) retail, auto, and home sales, though unemployment is at its highest rate since 1997.

The 2004 (27) will come none too soon for President Vicente Fox, who took office in 2000 promising that Mexico would enjoy 7% annual growth by the end of his six-year term. But he still faces obstacles to reach that long-term goal. First, the Mexican congress has failed to (28) badly needed fiscal, labor, and energy reforms. That has left the federal government with a tight budget and few resources to generate more (29) growth.

Second, while a limited package of energy reforms may win approval this year, more significant structural overhauls, which could add some stimulus, are unlikely. The sticking point is 11 key gubernatorial elections set for this year. Campaign rhetoric, not serious reform, will (30) Mexico's agenda this year.

(21)

A．crucial

B．critical

C．significant

D．related

A．exaggerating

B．aggravating

C．amending

D．fastening

A．exaggerating

B．aggravating

C．amending

D．fastening

A．exaggerating

B．aggravating

C．amending

D．fastening

Is There a Way to Keep the Britain"s Economy Growing?

（1） In today"s knowledge economy， nations survive on the things they do best. Japanese design electronics while Germans export engineering techniques. The French serve the best food and Americans make computers，

（2） Britain specializes in the gift of talking. The nation doesn"t manufacture much of anything.

But it has lawyers， stylists and business consultants who earn their living from talk talk and more talk. The World Foundation think tank says the U.K. "s four iconic jobs today are not scientists， engineers， teachers and nurses. Instead， they"re hairdressers， celebrities，management consultants and managers. But can all tl~is talking keep the British economy going? The British government thinks it can.

（3） Although the country"s trade deficit was more than ~ 60 billion in 2006， U.K. "s largest in the postwar period， officials say the country has nothing to worry about. In fact， Britain does have a world-class pharmaceutical industry， and it still makes a small sum from selling arms abroad.

It also trades services-accountancy， insurance， banking and advertising. The government believes Britain is on the cutting edge of the knowledge economy. After all， the country of Shakespeare and Wordsworth has a literary tradition of which to be proud. Rock"n"roll is an English language medium， and there are billions to be made by their cutting-edge bands. In other words， the creative economy has plenty of strength to carry the British economy.

（4） However， creative industries account for only about 4 percent ofU.K. "s exports of goods and services. The industries are finding it hard to make a profit， according to a report of the National Endowment for Science， Technology and the Arts. The report shows only 38 percent of British companies were engaged in "innovation activities"， 3 percentage points below the EU average and well below Germany （61 percent） and Sweden （47 percent） .

（5） In fact， it might be better to call Britain a "servant" economy- there are at least 4 million people "in service". The majority of the population are employed by the rich to cook， clean， and take care of their children. Many graduates are even doing menial jobs for which they do not need a degree. Most employment growth has been， and will continue to be， at the low-skill end of the service sector， in shops， bars， hotels， domestic service and in nursing and care homes.

Paragraph 2 __________. 查看材料

A.Growth of economy

B."Servant" economy

C.Strengtfi of the creative economy

D.Weakness of the creative economy

E.Gift of talking

F.Export of talking machines

Today the world's economy is going through two great changes, both bigger than an Asian financial crisis here or a European monetary union there.

The first change is that a lot of industrial_67_is moving from the United States, Western Europe and Japan to _68 _countries in Latin America, South-East Asia and Eastern Europe. In 1950, the United States alone _69_ for more than half of the world's economy output. In 1990, its _70_ was down to a quarter. By 1990, 40% of IBM's employees were non-Americans; Whirlpool, America's leading _71_ of domestic appliances, cut its American labor force _72_ 10%. Quite soon now, many big western companies will have more _73_ (and customers) in poor countries than in rich _74_ .

The second great change is _75_, in the rich countries of the OECD, the balance of economic activity is _76_ from manufacturing to _77_. In the United States and Britain, the _78_ of workers in manufacturing has _79_ since 1900 from around 40% to barely half that. _80_ in Germany and Japan, which rebuilt so many _81_after 1945, manufacturing's share of jobs is now below 30%. The effect of the _82 is increased _83_ manufacturing moves from rich countries to the developing ones, _84_ cheap labor _85_ them a sharp advantage in many of the _86_ tasks required by mass production.

67. A. product   B. production  C. products  D. productivity

68. A. other   B. small    C. capitalistic    D. developing

69. A. accounted  B. occupied  C. played  D. shared

70. A. output  B. development  C. share  D. economy

71. A. state  B. consumer   C. representative  D. supplier

72. A. by     B. at      C. through      D. in

73. A. products  B. market  C. employees  D. changes

74. A. one     B. ones    C. times    D. time

75. A. what    B. like   C. that    D. how

76. A. ranging    B. varying   C. swinging   D. getting

77. A. producing  B. products  C. servicing  D. services

78. A. proportion   B. number   C. quantity   D. group

79. A. changed   B. gone   C. applied   D. shrunk

80. A. Furthermore   B. Even   C. Therefore   D. Hence

81. A. armies   B. weapons   C. factories   D. countries

82. A. question  B. manufacturing  C. shift   D. rebuilding

83. A. with   B. as    C. given    D. if

84. A. while   B. whose   C. who's   D. which

85. A. give   B. is giving   C. gives   D. gave

86. A. repetitive   B. various   C. creative   D. enormous

A．the weakening if the U.S. dollar can result in trade deficits

B．the lower the retail prices, the greater the profits

C．tourism can make great contributions to its economy

D．visitors to the U.S. are wealthier than U.S. tourists abroad

A．is against the spread of English in Europe

B．thinks economy will benefit if workers speak the same language

C．is critical about having a common language in Europe

D．would like to employ workers who can speak English