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After the U.S. House of Representatives passed a bill aimed at retaliatory(报复的) action against China for its “significantly undervalued” currency, Treasury Secretary Timothy Geithner urged the IMF to pressure China to adopt “more flexible, more market-directed exchange-rate management”. This is a coded message to China: You’re keeping on purpose your currency cheap, and the U.S. economy is paying the price. So cut it out --- or else. The normally dull IMF meeting became the latest battleground for the U.S. to be against a fast developing China.
Our new conventional wisdom is that China’s policy leads to make trade deficits (逆差) greater and the loss of American jobs. Dozens of candidates have run ads attacking a competitor for allowing China to take advantage of us. In the election-year view, China grew 10% annually for the past decade while maintaining low inflation(通涨) only by taking advantage of its artificially low currency. The idea that the U.S. is not responsible for its own economy is a black-is-white view. It argues that China and its currency are causing the lion’s share of harm.
This is an argument born of fear. It covers a fact that the economies of China and the U.S. have become beneficial to each other. Those trillions in reserves that China accumulates: Where do they go? Back to the U.S. in the form of lending money to the federal government. Those made-in-China goods that account for the trade deficit: Whom do they benefit? China, yes, but also American consumers and companies. Without China, American companies could not have maintained their profitability in recent years. Take two brand names, Caterpillar and Nike. Both have their products made in China, but both also view China as a fast-growing market for their products.
George Soros warned recently that a currency war could put the world into disorder more damaging than anything caused by the financial crisis of the 1930s. He’s right. Whether we like it or not, we live in a global system. The zero-sum attitude toward China and its currency is a relic, the remaining of an earlier time when nations defined economic life.
China is far from perfect and seeks its own advantage, but holding it accountable for our domestic problems is beyond outdated. It reflects a dangerous refusal to deal with the world as it is. Retaliating against China over currency will not regain high-end jobs in the U.S., which needs more our own demand. It will not renew construction or retool the American labor force. It will not rebuild rotting bridges or create a next-generation energy network.
【小题1】Which of the following argument can be supported by the writer?
| A.China is the winner in the Sino-US trade. |
| B.China’s rapid development over the past ten years is based on its low inflation. |
| C.The world’s economy will benefit from China’s policy changes on its currency. |
| D.The US will get hurt if it tries hard on damaging China’s economy. |
| A.in favor of China |
| B.in the shoes of US |
| C.blaming China’s low currency policy |
| D.helping IMF solve the world’s economic problem |
| A.reasonable analysis |
| B.leaders’ quotations |
| C.figure examples |
| D.moving stories |
| A.will help increase the demand in the US |
| B.is unable to equip the American labor force with new working skills |
| C.could guide the world economy for the next decade |
| D.is to be controlled by the international currency groups |
Preparing for the Next Job Market
The latest spike in the unemployment rate is being felt across the board ?in 98 percent of metropolitan areas, in high-wage and low-wage jobs, among young and old, women and men, but especially men.
This landscape means that young Americans who are trying to plan their futures right now have some hard choices.Do they go to college and take on debt without hope of getting a job? And what about high school students? Do they have any chance of securing a job without a college degree? Perhaps the education system needs to react to this rapidly moving economic crisis.
In our current economic collapse, the connection between education and employment could not be more different than it was during the Depression.Education must now hold center stage, not because of an enemy abroad but because of the global economy.The jobs of the future will demand levels of education, particularly skills in mathematics, technology and science, which exceed those now taught in high school.
A healthy society should strive for full employment.In our times, that goal cannot be realized, or even approximated by creating jobs for the unskilled.The long-term prospect for economic recovery depends on the extent to which we improve our educational system.And this is where America is now at its weakest.
C.We should limit access to four-year colleges.
D.We ought to recruit more private school teachers and train them better.
What does the word "collapse" in the third paragraph mean?
A.success B.failure C.development D.booming
Which of the following is NOT true according to the passage?
A.Young Americans planning their futures have difficult choices.
B.Education must hold center stage due to the global economy.
C.The best university system benefits a majority.
D.A health society should struggle for full employment.
查看习题详情和答案>>After the U.S. House of Representatives passed a bill aimed at retaliatory(报复的) action against China for its “significantly undervalued” currency, Treasury Secretary Timothy Geithner urged the IMF to pressure China to adopt “more flexible, more market-directed exchange-rate management”. This is a coded message to China: You’re keeping on purpose your currency cheap, and the U.S. economy is paying the price. So cut it out --- or else. The normally dull IMF meeting became the latest battleground for the U.S. to be against a fast developing China.
Our new conventional wisdom is that China’s policy leads to make trade deficits (逆差) greater and the loss of American jobs. Dozens of candidates have run ads attacking a competitor for allowing China to take advantage of us. In the election-year view, China grew 10% annually for the past decade while maintaining low inflation(通涨) only by taking advantage of its artificially low currency. The idea that the U.S. is not responsible for its own economy is a black-is-white view. It argues that China and its currency are causing the lion’s share of harm.
This is an argument born of fear. It covers a fact that the economies of China and the U.S. have become beneficial to each other. Those trillions in reserves that China accumulates: Where do they go? Back to the U.S. in the form of lending money to the federal government. Those made-in-China goods that account for the trade deficit: Whom do they benefit? China, yes, but also American consumers and companies. Without China, American companies could not have maintained their profitability in recent years. Take two brand names, Caterpillar and Nike. Both have their products made in China, but both also view China as a fast-growing market for their products.
George Soros warned recently that a currency war could put the world into disorder more damaging than anything caused by the financial crisis of the 1930s. He’s right. Whether we like it or not, we live in a global system. The zero-sum attitude toward China and its currency is a relic, the remaining of an earlier time when nations defined economic life.
China is far from perfect and seeks its own advantage, but holding it accountable for our domestic problems is beyond outdated. It reflects a dangerous refusal to deal with the world as it is. Retaliating against China over currency will not regain high-end jobs in the U.S., which needs more our own demand. It will not renew construction or retool the American labor force. It will not rebuild rotting bridges or create a next-generation energy network.
Which of the following argument can be supported by the writer?
A. China is the winner in the Sino-US trade.
B. China’s rapid development over the past ten years is based on its low inflation.
C. The world’s economy will benefit from China’s policy changes on its currency.
D. The US will get hurt if it tries hard on damaging China’s economy.
This passage is in a tone that is ____________.
A. in favor of China
B. in the shoes of US
C. blaming China’s low currency policy
D. helping IMF solve the world’s economic problem
The writer makes his point of view clear through the passage by using _____________.
A. reasonable analysis
B. leaders’ quotations
C. figure examples
D. moving stories
China’s currency policy ________.
A. will help increase the demand in the US
B. is unable to equip the American labor force with new working skills
C. could guide the world economy for the next decade
D. is to be controlled by the international currency groups
查看习题详情和答案>>Preparing for the Next Job Market
The latest spike in the unemployment rate is being felt across the board ?in 98 percent of metropolitan areas, in high-wage and low-wage jobs, among young and old, women and men, but especially men.
This landscape means that young Americans who are trying to plan their futures right now have some hard choices.Do they go to college and take on debt without hope of getting a job? And what about high school students? Do they have any chance of securing a job without a college degree? Perhaps the education system needs to react to this rapidly moving economic crisis.
In our current economic collapse, the connection between education and employment could not be more different than it was during the Depression.Education must now hold center stage, not because of an enemy abroad but because of the global economy.The jobs of the future will demand levels of education, particularly skills in mathematics, technology and science, which exceed those now taught in high school.
A healthy society should strive for full employment.In our times, that goal cannot be realized, or even approximated by creating jobs for the unskilled.The long-term prospect for economic recovery depends on the extent to which we improve our educational system.And this is where America is now at its weakest.[来源:学##
Our high schools produce graduates who do not write well enough, have limited reasoning skills and are unable to use the tools of mathematics.Their command of science is far inferior to that of their counterparts in other nations.And all too many young people drop out.We may still have the best university system, but it benefits only a minority.
We will need more engineers, scientists and service providers, particularly in the health professions, with a quality of education that cannot be obtained in the current system.Radical change, not reform, is called for.
What should be done? First, high school should be cut short and end when students are 16.Second, a new generation of two-year college programs tied to a wide range of specific skills that the economy needs should be created.Third, access to four-year colleges should be expanded, giving more Americans the chance to acquire the deep learning that makes breakthroughs in technology possible.Fourth, we need to recruit more public school teachers and train them better, particularly in physics, chemistry, biology and mathematics, so that our children can be prepared to compete.
1.Nowadays, students graduating from high school____.
A.write well enough
B.have limitless reasoning skills
C.can't use the tools of mathematics
D.command science as much as their counterparts in other nations
2.What should we do to improve the quality of education?
A.Students shouldn't study in high school until 16.
B.We should create a new generation of two-year college programs tied to a wide range of specific skills the economy needs.[来源:ZXXK]
C.We should limit access to four-year colleges.
D.We ought to recruit more private school teachers and train them better.
3.What does the word "collapse" in the third paragraph mean?
A.success B.failure C. development D.booming
4.Which of the following is NOT true according to the passage?
A.Young Americans planning their futures have difficult choices.
B.Education must hold center stage due to the global economy.
C.The best university system benefits a majority.
D.A health society should struggle for full employment.
查看习题详情和答案>>
After the U.S. House of Representatives passed a bill aimed at retaliatory(报复的) action against China for its “significantly undervalued” currency, Treasury Secretary Timothy Geithner urged the IMF to pressure China to adopt “more flexible, more market-directed exchange-rate management”. This is a coded message to China: You’re keeping on purpose your currency cheap, and the U.S. economy is paying the price. So cut it out --- or else. The normally dull IMF meeting became the latest battleground for the U.S. to be against a fast developing China.
Our new conventional wisdom is that China’s policy leads to make trade deficits (逆差) greater and the loss of American jobs. Dozens of candidates have run ads attacking a competitor for allowing China to take advantage of us. In the election-year view, China grew 10% annually for the past decade while maintaining low inflation(通涨) only by taking advantage of its artificially low currency. The idea that the U.S. is not responsible for its own economy is a black-is-white view. It argues that China and its currency are causing the lion’s share of harm.
This is an argument born of fear. It covers a fact that the economies of China and the U.S. have become beneficial to each other. Those trillions in reserves that China accumulates: Where do they go? Back to the U.S. in the form of lending money to the federal government. Those made-in-China goods that account for the trade deficit: Whom do they benefit? China, yes, but also American consumers and companies. Without China, American companies could not have maintained their profitability in recent years. Take two brand names, Caterpillar and Nike. Both have their products made in China, but both also view China as a fast-growing market for their products.
George Soros warned recently that a currency war could put the world into disorder more damaging than anything caused by the financial crisis of the 1930s. He’s right. Whether we like it or not, we live in a global system. The zero-sum attitude toward China and its currency is a relic, the remaining of an earlier time when nations defined economic life.
China is far from perfect and seeks its own advantage, but holding it accountable for our domestic problems is beyond outdated. It reflects a dangerous refusal to deal with the world as it is. Retaliating against China over currency will not regain high-end jobs in the U.S., which needs more our own demand. It will not renew construction or retool the American labor force. It will not rebuild rotting bridges or create a next-generation energy network.
1.Which of the following argument can be supported by the writer?
A. China is the winner in the Sino-US trade.
B. China’s rapid development over the past ten years is based on its low inflation.
C. The world’s economy will benefit from China’s policy changes on its currency.
D. The US will get hurt if it tries hard on damaging China’s economy.
2.This passage is in a tone that is ____________.
A. in favor of China
B. in the shoes of US
C. blaming China’s low currency policy
D. helping IMF solve the world’s economic problem
3.The writer makes his point of view clear through the passage by using _____________.
A. reasonable analysis
B. leaders’ quotations
C. figure examples
D. moving stories
4.China’s currency policy ________.
A. will help increase the demand in the US
B. is unable to equip the American labor force with new working skills
C. could guide the world economy for the next decade
D. is to be controlled by the international currency groups
查看习题详情和答案>>