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I. Choose one answer that best explains the underlined part of the following statements or best completes them:(30%)
1.The authorities are willing to permit a run-down in the country¡¯s international reserves
over the next few years as a means of accelerating the introduction of foreign technology.¡¾      ¡¿
A. speeding up       B. speeding on
C. speeding off       D. speeding down   
2.Another 20% worked well, but the remaining 60% should have been scrapped.¡¾      ¡¿
A. improved        B. removed
C. stimulated        D. introduced     
3.Now Zhangjiagang is China¡¯s seventh largest port and a tumultuous construction zone of
half-built office buildings and hotels.¡¾      ¡¿
A. tremendous        B. enormous
C. noisy          D. orderly    
4.Against this deteriorating global background, the improvement in economic performance in a few developing regions in 1991 was especially noteworthy.¡¾      ¡¿
A. determinating       B. tolerating  
C. improving        D. worsening    
5.Balanced against that criticism is the positive reaction in Latin America to Mr. Clinton¡¯s embrace of the freeª²trade agreement.¡¾      ¡¿
A. hug          B. embarrass
C. acceptance        D. balance  
6.As Europe¡¯s economy has soured, free-market ideas that are new to much of Europe face new challenges.¡¾      ¡¿
A. increased        B. declined
C. sky-rocketed       D. tasted     
7.At the summit meeting, America insisted that Japan should come up with specific measures that would enable it to meet new import targets.¡¾      ¡¿
A. bring forth        B. come across
C. put off         D. reach out  
8.Fearful that rapidly modernizing Korean rivals will intrude on its foreign and domestic markets, Japan has fought to keep the Koreans from appropriating its technologies.¡¾      ¡¿
A. competitors       B. representatives
C. negotiators        D. dealers 
9.International consultants who want to secure definite projects at lucrative fees are finding it harder and harder.¡¾      ¡¿
A. low        B. minimum  
C. high        D. profitable
10.A separate, long-running dispute over oilseeds does still pose a threat.¡¾      ¡¿
A. possess        B. present 
C. provide       D. persuade
11.With barter, however, debtor nations can continue to import goods while, in effect, concealing export earnings from creditors.¡¾      ¡¿
A. loaners        B. borrowers 
C. owners        D. believers   
12.However, Coca-Cola and PepsiCo still face a struggle in persuading bottlers across the nation to take the.¡¾      ¡¿
A. offering        B. forcing 
C. encouraging       D. discouraging    
13.Hong Kong Eggs and Products Company monopolizes the import of Chinese eggs, both fresh and preserved.¡¾      ¡¿
A. confines        B. minimizes
C. dominates        D. mobilizes  
14.You can use credit cards but it¡¯s best to take some currency as well.¡¾      ¡¿
A. coupons        B. money  
C. coins         D. dimes    
15.Lead values moved up to their best level since April last year in the absence of a settlement at Australia¡¯s broken hill lead-zinc-silver mines.¡¾      ¡¿
A. without        B. with
C. as         D. through  ×ªÌùÓÚ£º×Ôѧ¿¼ÊÔ_²©Ñ§ÔÚÏß

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IV. Read the following passages and answer the following questions in English:(18%)
Passage 1
 The slowdown of the industrial countries in 1991 partly originated in structural problems inherited from the 1980s. Slower growth in Europe in 1991 revealed that unemployment, for instance, was still a structurally problematic area. The unemployment rate in the four largest European economies was 7.8 per cent in 1990, near the peak of the business cycle, and rose to 8.3 per cent in 1991. Financial stress brought on by excessive debt in the household and corporate sectors was an example of another kind of structural problem, in particular for the economies of Japan and the United States. Financial institutions in these two countries adopted more conservative lending policies, curtailing financing of higher-risk projects such as commercial construction and highly leveraged corporate transactions. A number of weaker institutions were also consolidated through bankruptcy, merger and reorganization.
36. What are the two structural problems mentioned in the passage?
37. When did the structural problems start?
38. What do "conservative lending policies" and "commercial construction" mean?
Passage 2
 The need for reform is clear: Although South Korea¡¯s material achievements are impressive, the development of its political and economic organizations hasn¡¯t kept pace. In recent years, the government has come under more and more pressure from trading partners and has begun to open the gates to foreign investment. There¡¯s also a strong pressure to keep up the fight against corruption, protect consumers and curtail the power of the huge business organizations that still dominate the economy. Keeping the reform process going and bringing the country¡¯s institutions up to the level of those in advanced countries has become the pivotal agenda of President Kim Young Sam¡¯s government.
39. Why is it necessary to reform in South Korea?
40. What do "hasn¡¯t kept pace" and "pivotal agenda" mean?
41. What is the main consideration of President Kim Young Sam¡¯s government?
V. Read the following two passages and decide whether the statements are true