The two countries are going to meet to _______ some barriers to trade between them.

A:make up B:use up C:turn down D:break down

For most of the last 50 years, globalization has been a win-win proposition, making America richer while lifting hundreds of millions in the developing world out of poverty and despair. Recently, however, it has begun to operate differently, undermining U.S. welfare while creating imbalances likely to end in a global economic crisis.
In this new mode, globalization is tilting the world like a giant sliding board game on which the "flattening" of old barriers is accelerating the transfer of the supply side of the U.S. economy to the rest of the world, especially Asia. Take the semiconductor king, Intel, as an example. When economists and political leaders say American industry should concentrate on producing very-high-technology products where it has a clear comparative advantage, Intel’s chips are what they have in mind. Yet company executives recently told a presidential advisory panel that under present circumstances they must consider building more of their new factories abroad. Over the next 10 years, they explained, the cost of running a semiconductor factory in the United States could be $1 billion more than that of running it abroad.
That there is something odd here is not yet widely acknowledged. Indeed, most business, academic, media and political leaders continue to insist that globalization is proceeding smoothly, making the world rich, more democratic and more peaceful. Nor is this view entirely unjustified. U.S. GDP and productivity growth are the highest in the developed economies, while inflation, unemployment and interest rates are among the lowest.
Nevertheless, a closer look reveals a dark side. The U.S. trade deficit is now more than $800 billion, or 7 percent of GDP, and grows inexorably as Americans continue to consume more than they produce. Economists typically expect the United States to import commodities and cheap manufactured goods while exporting high-tech products, sophisticated services and agricultural goods, for which its land and climate are well suited. In reality, the U.S. high-tech trade surplus of $30 billion in 1998 has collapsed to a deficit of about $40 billion. Agricultural trade is now also in deficit for the first time in memory, and the modest surplus in services is declining as global deployment of the high-speed Internet has made it possible for services to move offshore as easily as manufacturing.
Some economists speak bravely of a "soft landing". In this scenario, the United States reduces its budget deficit and excess consumption, while a gradually falling dollar results in rising exports to foreign markets where governments are stimulating consumption. While desirable, this will not occur automatically. Thus, for the sake not only of the United States but of all nations with a stake in globalization, it is imperative that political leaders change its current mode. The game cannot continue with one participant playing consumer while nearly all the others play producer. For the long-term success of all, everyone must agree to play the same globalization game.
According to the author, the imbalance is best demonstrated in

A:the increasing power of the developing countries in world affairs. B:the rapid elimination of trade barriers across country borders. C:the disproportionate transfer of high technology to countries in Asia. D:America’s gradual loss of status as a high-technology supplier.

The barriers to trade may take any form including import duties,import licenses,export licenses,import quotas,tariffs,subsidies and( )to trade.

A:export system B:international trade policy C:import system D:non-tariff barrier

( )are the barriers to international trade.

A:capital B:import duties C:non-tarriff barrier D:import quotas

Questions from 36 to 40 are based on the following passage: Against this background, the WTO faces several daunting challenges. The first is to continue bringing down tariffs on traded goods. Average penalties have fallen steadily since the GATT’s formation but even the most open economies retain lofty barriers: for instance, America still charges a tariff of 14.6% on import of clothing,five times higher than its average levy. Resistance to tariff cuts is strongest in agriculture. According to Tim Josling,a trade expert at Stanford University, tariffs and other barriers on farm goods average a crippling 40% worldwide and create distortions that “destroy huge amounts of value”. A new set of global farm talks is planned to start in 1999. At the least,you might think, these could lock in impressive reforms in Latin America and encourage further watering-down of the European Union’s Common Agricultural Policy.But they will prove difficult: squabbles over agriculture almost sank the Uruguay round.

According to the passage, which statement is NOT true()

A:The WTO faces several daunting challenges, one of which is to continue bringing down tariffs on traded goods. B:America still charges a tariff of 14.6% on import of clothing, four times higher than its average levy. C:The strongest resistance to tariff cuts is in agriculture field. D:A trade expert said that tariffs and other barriers on farm goods averaged a crippling 40% worldwide.

Questions from 31 to 35 are based on the following passage: Against this background, the WTO faces several daunting challenges. The first is to continue bringing down tariffs on traded goods. Average penalties have fallen steadily since the GATT’s formation but even the most open economies retain lofty barriers: for instance, America still charges a tariff of 14.6% on import of clothing, five times higher than its average levy. Resistance to tariff cuts is strongest in agriculture. According to Tim Josling, a trade expert at Stanford University, tariffs and other barriers on farm goods average a crippling 40% worldwide and create distortions that “destroy huge amounts of value”. A new set of global farm talks is planned to start in 1999. At the least, you might think, these could lock in impressive reforms in Latin America and encourage further watering-down of the European Union’s Common Agricultural Policy. But they will prove difficult: squabbles over agriculture almost sank the Uruguay round.

According to the passage, which statement is NOT true()

A:The WTO faces several daunting challenges, one of which is to continue bringing down tariffs on traded goods. B:America still charges a tariff of 14.6% on import of clothing, four times higher than its average levy. C:The strongest resistance to tariff cuts is in agriculture field. D:A trade expert said that tariffs and other barriers on farm goods averaged a crippling 40% worldwide.

Questions from 31 to 35 are based on the following passage: Against this background, the WTO faces several daunting challenges. The first is to continue bringing down tariffs on traded goods. Average penalties have fallen steadily since the GATT’s formation but even the most open economies retain lofty barriers: for instance, America still charges a tariff of 14.6% on import of clothing, five times higher than its average levy. Resistance to tariff cuts is strongest in agriculture. According to Tim Josling, a trade expert at Stanford University, tariffs and other barriers on farm goods average a crippling 40% worldwide and create distortions that “destroy huge amounts of value”. A new set of global farm talks is planned to start in 1999. At the least, you might think, these could lock in impressive reforms in Latin America and encourage further watering-down of the European Union’s Common Agricultural Policy. But they will prove difficult: squabbles over agriculture almost sank the Uruguay round.

The best title for the passage is().

A:NEW TRADE RULES B:UNFAIR TRADE RULES C:TRADE BARRIERS FOR DEVELOPING COUNTRIES D:TARIFF CHALLENGES TO WTO

Questions from 36 to 40 are based on the following passage: Against this background, the WTO faces several daunting challenges. The first is to continue bringing down tariffs on traded goods. Average penalties have fallen steadily since the GATT’s formation but even the most open economies retain lofty barriers: for instance, America still charges a tariff of 14.6% on import of clothing, five times higher than its average levy. Resistance to tariff cuts is strongest in agriculture. According to Tim Josling, a trade expert at Stanford University, tariffs and other barriers on farm goods average a crippling 40% worldwide and create distortions that “destroy huge amounts of value”. A new set of global farm talks is planned to start in 1999. At the least, you might think, these could lock in impressive reforms in Latin America and encourage further watering-down of the European Union’s Common Agricultural Policy. But they will prove difficult: squabbles over agriculture almost sank the Uruguay round. According to the passage, which statement is NOT true( )

A:The WTO faces several daunting challenges, one of which is to continue bringing down tariffs on traded goods. B:America still charges a tariff of 14.6% on import of clothing, four times higher than its average levy. C:The strongest resistance to tariff cuts is in agriculture field. D:A trade expert said that tariffs and other barriers on farm goods averaged a crippling 40% worldwide.

Questions from 36 to 40 are based on the following passage: Against this background, the WTO faces several daunting challenges. The first is to continue bringing down tariffs on traded goods. Average penalties have fallen steadily since the GATT’s formation but even the most open economies retain lofty barriers: for instance, America still charges a tariff of 14.6% on import of clothing, five times higher than its average levy. Resistance to tariff cuts is strongest in agriculture. According to Tim Josling, a trade expert at Stanford University, tariffs and other barriers on farm goods average a crippling 40% worldwide and create distortions that “destroy huge amounts of value”. A new set of global farm talks is planned to start in 1999. At the least, you might think, these could lock in impressive reforms in Latin America and encourage further watering-down of the European Union’s Common Agricultural Policy. But they will prove difficult: squabbles over agriculture almost sank the Uruguay round. The best title for the passage is( ).

A:NEW TRADE RULES B:UNFAIR TRADE RULES C:TRADE BARRIERS FOR DEVELOPING COUNTRIES D:TARIFF CHALLENGES TO WTO

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