Since June last year the yuan has appreciated 7% against the dollar.The rise in China's relative costs has been even greater given its higher inflation rate.With stimulative fiscal and monetary policy bolstering domestic demand.China's current-account su
Since June last year the yuan has appreciated 7% against the dollar.The rise in China's relative costs has been even greater given its higher inflation rate.With stimulative fiscal and monetary policy bolstering domestic demand.China's current-account su
参考解析
解析：从2013年六月开始，人民币对美元已升值7%，考虑到其更高的通货膨胀率，中国的相关成本上的幅度更大。在财政政策、货币政策剌激国内需求的情况下，2007年经常账户余额从 10%的GDP中缩水了2/3,同时，中国的贸易赤字在减小，制造业就业人数停止下降。所有这些都意味着，即使有的话.人民币相对于过去几年的低估程度大大降低了。许多政策制定者和学者认为对外直接投资对国家的经济增长有积极作用.除了其所提供的资本，对外直接投资也是在与当地公司联系过程中的价值技术和专门技能的重要来源，这能帮助促进经济增长。基于这些讨论
相关考题：
(b) (i) Calculate the inheritance tax (IHT) that will be payable if Debbie were to die today (8 June 2005).Assume that no tax planning measures are taken and that there has been no change in the value of anyof the assets since David’s death. (4 marks)
2 Your audit client, Prescott Co, is a national hotel group with substantial cash resources. Its accounting functions arewell managed and the group accounting policies are rigorously applied. The company’s financial year end is31 December.Prescott has been seeking to acquire a construction company for some time in order to bring in-house the buildingand refurbishment of hotels and related leisure facilities (e.g. swimming pools, squash courts and restaurants).Prescott’s management has recently identified Robson Construction Co as a potential target and has urgently requestedthat you undertake a limited due diligence review lasting two days next week.Further to their preliminary talks with Robson’s management, Prescott has provided you with the following brief onRobson Construction Co:The chief executive, managing director and finance director are all family members and major shareholders. Thecompany name has an established reputation for quality constructions.Due to a recession in the building trade the company has been operating at its overdraft limit for the last 18months and has been close to breaching debt covenants on several occasions.Robson’s accounting policies are generally less prudent than those of Prescott (e.g. assets are depreciated overlonger estimated useful lives).Contract revenue is recognised on the percentage of completion method, measured by reference to costs incurredto date. Provisions are made for loss-making contracts.The company’s management team includes a qualified and experienced quantity surveyor. His mainresponsibilities include:(1) supervising quarterly physical counts at major construction sites;(2) comparing costs to date against quarterly rolling budgets; and(3) determining profits and losses by contract at each financial year end.Although much of the labour is provided under subcontracts all construction work is supervised by full-time sitemanagers.In August 2005, Robson received a claim that a site on which it built a housing development in 2002 was notproperly drained and is now subsiding. Residents are demanding rectification and claiming damages. Robsonhas referred the matter to its lawyers and denied all liability, as the site preparation was subcontracted to SarwarServices Co. No provisions have been made in respect of the claims, nor has any disclosure been made.The auditor’s report on Robson’s financial statements for the year to 30 June 2005 was signed, withoutmodification, in March 2006.Required:(a) Identify and explain the specific matters to be clarified in the terms of engagement for this due diligencereview of Robson Construction Co. (6 marks)
(c) You have been making preliminary inquiries regarding matters arising from the previous year’s audit of Di Rollo.It has been revealed that no action has been taken in response to the management letter prepared by the previousauditors. Di Rollo’s management has explained that this was because it was ‘poorly prepared’ and ‘unhelpful’.Required:Briefly describe various criteria against which the effectiveness of a management letter may be assessed.(7 marks)
China has got a good for fighting against the flu with its careful and smoothA．reputationB．influenceC．impressionD．knowledge
Bryce’s Department Store ___ its furniture department about a year ago. A、enlargedB、was enlargedC、has enlargedD、has been enlarged
The company ____ its sales by an average of 10% per year since its establishment in 1993. A、increasesB、increasedC、is increasingD、has increased
We will still have to practice economy, ( ) our income for this year has risen 30 percent compared with that of last year. A.even ifB.evenC.thoughD.even thenE. as though
_____has Mr. Clinton been a member of Greener China since he ____ to China?A、How soon, comesB、How often, gotC、How long, cameD、How far, arrived
Joseph ______to evening classes since last month, but he still can’t say “What’s your name?” in Russian.A．has been goingB．wentC．goesD．has gone
共用题干第三篇More Than a Ride to SchoolThe National Education Association claims,"The school bus is a mirror of the community."They further add that,unfortunately,what appears on the exterior does not always reflect the reality of a chosen community.They are right—sometimes it reflects more!Just ask Liesl Denson.Riding the school bus has been more than a ride to school for Liesl.Bruce Hardy,school bus driver for Althouse Bus Company has been Liesl's bus driver since kindergarten.Last year when Liesl's family moved to Parkesburg,knowing her bus went by her new residence,she requested to ride the same bus.This year Liesl is a senior and will enjoy her last year riding the bus.She says,"It's been a great ride so far!My bus driver is so cool and has h lways been a good friend and a good listener. Sometimes when you're a child adults do not think that what you have to say is important.Mr. Hardy always listens to what you have to say and makes you feel important."Her friends Ashley Batista and Amanda Wolfe agree.Bruce Hardy has been making Octorara students feel special since 1975.This year he will celebrate 30 years working for Althouse Bus Company.Larry Althouse,president of the company,acknowledges Bruce Hardy's outstanding record:"You do not come by employees like Bruce these days.He has never missed a day of work and has a perfect driving record.He was recognized in 2000 by the Pennsylvania School Bus Association for driving 350,000 accident free miles.Hardy's reputation is made further evident through the relationships he has made with the students that ride his bus."Althouse further adds,"Althouse Bus Company was established 70 years ago and has been providing quality transportation ever since.My grandfather started the business with one bus.Althouse Bus Company is delighted to have the opportunity to bring distinctive and safe service to our local school and community and looks forward to continuing to provide quality service for many more years to come."Three generations of business is not all the company has enjoyed.Thanks to drivers like Bruce Hardy,they have been building relationships through generations.Liesl's motherCarol also enjoys fond memories of riding Bruce Hardy's bus to the Octorara School District.Bruce Hardy has been working with Althouse Bus CompanyA:for 30 years. B:for 70 years.C:since last year. D:since 2000.
Questions 59-61 refer to the following letter To Whom It May ConcernI've been Joe Employee’s Manager at XYZ Company since 1997, and even promoted Joe to the role of Senior Software Engineer last year.Joe has proven to be a( )employee with excellent communication skills. A.reliant B.reliableC.reliablyD.variable
Racial discrimination has still___________ in some parts of the U.S.A. since itafter the Civil War.A.been existed; has been done awayB.existed; has been done away withC.been existed; has been done away withD.existed; was done away with
Text 4 The Big Mac index is built on the idea of purchasing-power parity,the theory that in the long run currencies will converge until the same amount of money buys the same amount of goods and services in every country.A Big Mac cunently costs$5.06 in America but just 10.75 lira（$2.75）in Turkey,implying that the lira is undenalued.However,ot:her currencies are even cheaper.In Big Mac tenns,the Mexican peso is underval-ued by 55.9%against the greenback.Last week it also hit a record low as Mr Trump restated some of his campaign threats against Mexico.The peso has lost a tenth of iLs value against the dollar since November.Of big countries,only Russia offers a cheaper Big Mac,in dollar terms,even though the rouble has strengthened over the past year.The euro zone is also prey to political uncerLainty.Elections are scheduled this year in the Netherlands,France and Germany,and possible in Italy.The euro recently fell to its lowest level since 2003.Britain's Brexit vote has had an even bigger effect on the pound,which has fallen to$1.21,a 31-year low.According to the Big Mac index,the euro and the pound are undervalued against the dollar by 19.7%and 26.3%,respectively.One of the drawbacks of the Big Mac index is that it takes no account of labour costs.It should surprise no one that a Big Mac costs less in Shanghai than it does in San Francisco,since Chinese workers eam far less than their American counterparts.So in a slightly more sophisticated version of the Big Mac index,we take account of a country's average income.Hisiorically,this adjustment has tended to raise currencies'valuations against the dollar,so emerging-market currencies tend to look more reasonably priced.The Chinese yuan,for example,is 44%undervalued against the doUar according to our baseline Big Mac index,but only 7%according to the adjusted one.The deluxe Big Mac index has typically made rich-world currencies look more expensive.Because western Europeans have higher costs of Iiving and lower incomes than Americans,the euro has traded at around a 25%premium against the dollar in income-adjusted burger terms since Lhe euro's inception.But what once seemed to be a constant truth of burgemomics is true no longer.So strong is the dollar Lhat even the adjusted Big Mac index finds the euro undenalued.The dollar is now Uading at a 14-year high in trade-weighted terms.Emerging-world economies may struggle to pay off dollar denominated debts.American firms may find themselves at a disadvantage agzunst foreign competition.And American tourists will get more burgers for their buck in Europe.We can leam from Paragraph 3 that______A.political uncertainty will not affect European countriesB.economic depression is the real reason for euro's devaluationC.the value of currency is completely decided by domestic factorsD.the devaluation of the pound is mainly caused by Britain's policy
Text 4 The Big Mac index is built on the idea of purchasing-power parity,the theory that in the long run currencies will converge until the same amount of money buys the same amount of goods and services in every country.A Big Mac cunently costs$5.06 in America but just 10.75 lira（$2.75）in Turkey,implying that the lira is undenalued.However,ot:her currencies are even cheaper.In Big Mac tenns,the Mexican peso is underval-ued by 55.9%against the greenback.Last week it also hit a record low as Mr Trump restated some of his campaign threats against Mexico.The peso has lost a tenth of iLs value against the dollar since November.Of big countries,only Russia offers a cheaper Big Mac,in dollar terms,even though the rouble has strengthened over the past year.The euro zone is also prey to political uncerLainty.Elections are scheduled this year in the Netherlands,France and Germany,and possible in Italy.The euro recently fell to its lowest level since 2003.Britain's Brexit vote has had an even bigger effect on the pound,which has fallen to$1.21,a 31-year low.According to the Big Mac index,the euro and the pound are undervalued against the dollar by 19.7%and 26.3%,respectively.One of the drawbacks of the Big Mac index is that it takes no account of labour costs.It should surprise no one that a Big Mac costs less in Shanghai than it does in San Francisco,since Chinese workers eam far less than their American counterparts.So in a slightly more sophisticated version of the Big Mac index,we take account of a country's average income.Hisiorically,this adjustment has tended to raise currencies'valuations against the dollar,so emerging-market currencies tend to look more reasonably priced.The Chinese yuan,for example,is 44%undervalued against the doUar according to our baseline Big Mac index,but only 7%according to the adjusted one.The deluxe Big Mac index has typically made rich-world currencies look more expensive.Because western Europeans have higher costs of Iiving and lower incomes than Americans,the euro has traded at around a 25%premium against the dollar in income-adjusted burger terms since Lhe euro's inception.But what once seemed to be a constant truth of burgemomics is true no longer.So strong is the dollar Lhat even the adjusted Big Mac index finds the euro undenalued.The dollar is now Uading at a 14-year high in trade-weighted terms.Emerging-world economies may struggle to pay off dollar denominated debts.American firms may find themselves at a disadvantage agzunst foreign competition.And American tourists will get more burgers for their buck in Europe.American tourists in Europe may find that_______.A.burgers are much mOR expensiveB.they have strong purchasing powerC.dollar will maintain its dominant positionD.they are faced with fierce competition
Text 4 The Big Mac index is built on the idea of purchasing-power parity,the theory that in the long run currencies will converge until the same amount of money buys the same amount of goods and services in every country.A Big Mac cunently costs$5.06 in America but just 10.75 lira（$2.75）in Turkey,implying that the lira is undenalued.However,ot:her currencies are even cheaper.In Big Mac tenns,the Mexican peso is underval-ued by 55.9%against the greenback.Last week it also hit a record low as Mr Trump restated some of his campaign threats against Mexico.The peso has lost a tenth of iLs value against the dollar since November.Of big countries,only Russia offers a cheaper Big Mac,in dollar terms,even though the rouble has strengthened over the past year.The euro zone is also prey to political uncerLainty.Elections are scheduled this year in the Netherlands,France and Germany,and possible in Italy.The euro recently fell to its lowest level since 2003.Britain's Brexit vote has had an even bigger effect on the pound,which has fallen to$1.21,a 31-year low.According to the Big Mac index,the euro and the pound are undervalued against the dollar by 19.7%and 26.3%,respectively.One of the drawbacks of the Big Mac index is that it takes no account of labour costs.It should surprise no one that a Big Mac costs less in Shanghai than it does in San Francisco,since Chinese workers eam far less than their American counterparts.So in a slightly more sophisticated version of the Big Mac index,we take account of a country's average income.Hisiorically,this adjustment has tended to raise currencies'valuations against the dollar,so emerging-market currencies tend to look more reasonably priced.The Chinese yuan,for example,is 44%undervalued against the doUar according to our baseline Big Mac index,but only 7%according to the adjusted one.The deluxe Big Mac index has typically made rich-world currencies look more expensive.Because western Europeans have higher costs of Iiving and lower incomes than Americans,the euro has traded at around a 25%premium against the dollar in income-adjusted burger terms since Lhe euro's inception.But what once seemed to be a constant truth of burgemomics is true no longer.So strong is the dollar Lhat even the adjusted Big Mac index finds the euro undenalued.The dollar is now Uading at a 14-year high in trade-weighted terms.Emerging-world economies may struggle to pay off dollar denominated debts.American firms may find themselves at a disadvantage agzunst foreign competition.And American tourists will get more burgers for their buck in Europe.Turkish lira is mentioned to show that______.A.Big Mac index is unreliableB.lira's purchasing power is lowC.hamburgers are cheaper in TurkeyD.some currencies are underestimated
Text 4 The Big Mac index is built on the idea of purchasing-power parity,the theory that in the long run currencies will converge until the same amount of money buys the same amount of goods and services in every country.A Big Mac cunently costs$5.06 in America but just 10.75 lira（$2.75）in Turkey,implying that the lira is undenalued.However,ot:her currencies are even cheaper.In Big Mac tenns,the Mexican peso is underval-ued by 55.9%against the greenback.Last week it also hit a record low as Mr Trump restated some of his campaign threats against Mexico.The peso has lost a tenth of iLs value against the dollar since November.Of big countries,only Russia offers a cheaper Big Mac,in dollar terms,even though the rouble has strengthened over the past year.The euro zone is also prey to political uncerLainty.Elections are scheduled this year in the Netherlands,France and Germany,and possible in Italy.The euro recently fell to its lowest level since 2003.Britain's Brexit vote has had an even bigger effect on the pound,which has fallen to$1.21,a 31-year low.According to the Big Mac index,the euro and the pound are undervalued against the dollar by 19.7%and 26.3%,respectively.One of the drawbacks of the Big Mac index is that it takes no account of labour costs.It should surprise no one that a Big Mac costs less in Shanghai than it does in San Francisco,since Chinese workers eam far less than their American counterparts.So in a slightly more sophisticated version of the Big Mac index,we take account of a country's average income.Hisiorically,this adjustment has tended to raise currencies'valuations against the dollar,so emerging-market currencies tend to look more reasonably priced.The Chinese yuan,for example,is 44%undervalued against the doUar according to our baseline Big Mac index,but only 7%according to the adjusted one.The deluxe Big Mac index has typically made rich-world currencies look more expensive.Because western Europeans have higher costs of Iiving and lower incomes than Americans,the euro has traded at around a 25%premium against the dollar in income-adjusted burger terms since Lhe euro's inception.But what once seemed to be a constant truth of burgemomics is true no longer.So strong is the dollar Lhat even the adjusted Big Mac index finds the euro undenalued.The dollar is now Uading at a 14-year high in trade-weighted terms.Emerging-world economies may struggle to pay off dollar denominated debts.American firms may find themselves at a disadvantage agzunst foreign competition.And American tourists will get more burgers for their buck in Europe.Which of the following is the best iitle for the text?A.Big Mac Index:Lhe Undervalued CurrenciesB.Big Mac Index:Lhe Underestimated DoIJarsC.Big Mac Index:the Declining EconomiesD.Big Mac Index:Dollars VS Euros
资料：Economic performance is improving in most of the world's leading economies but is still short of a self-sustaining upswing, the Organization for Economic Cooperation and Development said on Wednesday.In an update to its economic forecasts, the Paris-based international organisation representing advanced economies said that more private sector investment was needed for the expansion to endure, for wages to rise sustainability and for inequalities to be tackled.Although all leading economies are now recording positive growth, Catherine Mann, the OECD's chief economist, urged governments to “curb your enthusiasm [ because] strong and sustained medium-term global growth is not yet secured”.The OECD's economic outlook shows upgrades to the 2017 growth forecasts in China, Russia and Europe excluding the UK with the world outlook also appearing stronger in 2018.World growth should rise from a low of 3.1 per cent in 2016, to 3.5 per cent this year and 3.7 per cent in 2018, the OECD forecast, with the US, the Eurozone, Brazil and Russia contributing most to the improved global outlook.China's predicted growth rate of 6.8 per cent in 2017 and 6.6 per cent in 2018 has been revised higher by 0.2 percentage points in both years and although India's growth rate has been revised down, reflecting adjustment to its new goods and services tax, it is likely to remain the fastest growing large economy in the world.Only the UK, which remains embroiled in Brexit negotiations, has a deteriorating outlook. Responding to the OECD's forecast that the British economy will be the slowest growing in the Group of Seven in 2018 having been near the top of the league table in 2016, the British Treasury said it was not complacent.What does the underlined word “complacent” mean in the last paragraph?A.AccustomedB.CompliedC.ConceitedD.True
资料：Economic performance is improving in most of the world's leading economies but is still short of a self-sustaining upswing, the Organization for Economic Cooperation and Development said on Wednesday.In an update to its economic forecasts, the Paris-based international organisation representing advanced economies said that more private sector investment was needed for the expansion to endure, for wages to rise sustainability and for inequalities to be tackled.Although all leading economies are now recording positive growth, Catherine Mann, the OECD's chief economist, urged governments to “curb your enthusiasm [ because] strong and sustained medium-term global growth is not yet secured”.The OECD's economic outlook shows upgrades to the 2017 growth forecasts in China, Russia and Europe excluding the UK with the world outlook also appearing stronger in 2018.World growth should rise from a low of 3.1 per cent in 2016, to 3.5 per cent this year and 3.7 per cent in 2018, the OECD forecast, with the US, the Eurozone, Brazil and Russia contributing most to the improved global outlook.China's predicted growth rate of 6.8 per cent in 2017 and 6.6 per cent in 2018 has been revised higher by 0.2 percentage points in both years and although India's growth rate has been revised down, reflecting adjustment to its new goods and services tax, it is likely to remain the fastest growing large economy in the world.Only the UK, which remains embroiled in Brexit negotiations, has a deteriorating outlook. Responding to the OECD's forecast that the British economy will be the slowest growing in the Group of Seven in 2018 having been near the top of the league table in 2016, the British Treasury said it was not complacent.According to the passage,which one of the following statement is true？A.The Russia’s 2017 economic growth forecast has been revised higher.B.The leading economies have achieved sustainable long-term growth.C.The OECD is not optimistic about China's economic growth.D.India's economic growth forecast have been upgraded.
资料：The business announced that revenues had grown by 10.2 percent year-on-year to RMB 18.264 billion （$2.748billion）. However, profit fell to RMB 2.866 billion （$431.3 billion）, a 17.4 percent decrease from the same period in 2015.Robbin li, Chairman and CEO of Baidu, said:"The challenges Baidu faced in the second quarter served as a healthy reminder to stay focused on the key drivers of growth, sustainability and leadership; delivering the best user experience and staying at the forefront of technology. As we enter the next chapter of the Internet, led by artificial intelligence, Baidu has never been better positioned to serve our users and work with our customers and partners, and change the world through technology." The business has been rocked by a series of high profits issues with its advertising business this year. Baidu was called out for its practices around selling access to forums early this year. Not long after it also agreed to overhaul the way it delivers its search ads, including the volume of ads served, after a huge public backlash saw Baidu taking some of the blame for the death of a student who died after taking experimental cancer treatment that be found from a search ad.The overhaul has been welcomed by the industry which believes will create a better experience, particularly on mobile.The business said the revenue from mobile was growing as it represented 63 percent of total revenues for the second quarter of 2016, compared to 50 percent in 2015. According to Baidu, mobile search monthly active users were 667 million for the month of June 2016, an increase of 6 per cent year-over-year. It said users of its mobile maps service grew by 13 percent and the number of activated Baidu Wallet accounts reached 80 million, representing a 131 percent year-on-year growth.Which of the following is correct about Baidu's business condition in 2016?A.Baidu has been cutting off their costs.B.Baidu's profit has fallen.C.Baidu's revenues have been falling.D.Baidu has been losing money.
资料：2014 has been a landmark year for Alibaba. Just last week, the Chinese e-commerce juggernaut set a world-record selling US$9.3 Billion worth of goods in 24 hours on Singles Day. A few months back, Alibaba claimed the title of the world's biggest IPO, raising US$25 Billion on the NYSE. Things will only get bigger for Alibaba.On the back of the historic signing of the China-Australia Free Trade Agreement yesterday, Alibaba announced in Melbourne their continued commitment to bringing Australian products, brands and businesses closer to China's online consumers via it's Alipay payment platform and Taobao Marketplace. Alipay is the largest online payment service provider in China. With more than 800 million Chinese accounts, Alipay is already the biggest mobile payment processor in the world. It clears 80 million transactions per day, including 45 million transactions through it's Alipay Wallet mobile app and processed US$780 billion worth of transactions in the year ended June 30. Alipay is one of six financial services entities that will fall under the umbrella of Ant Financial Serviced Group, a rebranding of Alipay Financial Services. There are plans to take this money making machine public too.Alipay Australia has been established as a local entity that will work with its joint venture partner, pay bang to help Australian businesses and merchants access Alipay's cross-border payment solutions. Alipay has also been working with Australia Post to sell, distribute and promote the Alipay Purchase Card across 4,400 retail outlets for Australian shoppers to use on the Tmall.com and Taobao Marketplace platforms.Alipay's extension into Australia, follows its move into the U.S with the launch of its ePay payment program, which handles everything from payment processing and currency translation for U.S. retailers.It can be inferred from the article thatA.Alibaba would open chain stores after entering into Australia.B.Alibaba has established cooperation with Australia Post.C.Alibaba’s world-record of selling US$9.3 Billion worth of goods in 24 hours on Singles Day has helped its initial public offering.D.After entering into Australia, Alibaba will try to expand to the U.S.
资料：2014 has been a landmark year for Alibaba. Just last week, the Chinese e-commerce juggernaut set a world-record selling US$9.3 Billion worth of goods in 24 hours on Singles Day. A few months back, Alibaba claimed the title of the world's biggest IPO, raising US$25 Billion on the NYSE. Things will only get bigger for Alibaba.On the back of the historic signing of the China-Australia Free Trade Agreement yesterday, Alibaba announced in Melbourne their continued commitment to bringing Australian products, brands and businesses closer to China's online consumers via it's Alipay payment platform and Taobao Marketplace. Alipay is the largest online payment service provider in China. With more than 800 million Chinese accounts, Alipay is already the biggest mobile payment processor in the world. It clears 80 million transactions per day, including 45 million transactions through it's Alipay Wallet mobile app and processed US$780 billion worth of transactions in the year ended June 30. Alipay is one of six financial services entities that will fall under the umbrella of Ant Financial Serviced Group, a rebranding of Alipay Financial Services. There are plans to take this money making machine public too.Alipay Australia has been established as a local entity that will work with its joint venture partner, pay bang to help Australian businesses and merchants access Alipay's cross-border payment solutions. Alipay has also been working with Australia Post to sell, distribute and promote the Alipay Purchase Card across 4,400 retail outlets for Australian shoppers to use on the Tmall.com and Taobao Marketplace platforms.Alipay's extension into Australia, follows its move into the U.S with the launch of its ePay payment program, which handles everything from payment processing and currency translation for U.S. retailers.According to the article, which of the following is NOT correct about Alibaba?A.It is the largest online payment service provider in China.B.It has sold more than US$9 Billion worth of goods in 24 hours on Singles Day.C.It has a strong social responsibility.D.It is the world’s biggest IPO.
共用题干第一篇More Than a Ride to SchoolThe National Education Association claims,"The school bus is a mirror of the community." They further add that, unfortunately, what appears on the exterior（外部）does not always reflect the reality of a chosen community.They are right,and sometimes it reflects more!Just ask Liesl Denson.Riding the school bus has been more than a ride to school for Liesl.Bruce Hardy,school bus driver for Althouse Bus Company has been Liesl's bus driver since kindergarten.Last year when Liesl's family moved to Parkesburg,knowing her bus went by her new residence,she requested to ride the same bus.This year Liesi is a senior and will enjoy her last year riding the bus.She says,"It's been a great ride so far!My bus driver is so cool and has always been a good friend and a good listener.Sometimes when you're a child adults do not think that what you have to say is important.Mr.Hardy always listens to what you have to say and makes you feel important."Her friends Ashley Batista and Amanda Wolfe agree.Bruce Hardy has been making Octorara students feel special since 1975.This year he will celebrate 30 years working for Althouse Bus Transportation.Company President,Larry Althouse acknowledges Bruce Hardy's outstanding record."You do not come by employees like Bruce these days;he has never missed a day of work and has a perfect driving record.Recognized in 2000 by the Pennsylvania School Bus Association for driving 350,000 accident free miles,Hardy's reputation is made further evident through the relationships he has made with the students that ride his bus."Althouse further added, "Althouse Bus Transportation was established 70 years ago and has been providing quality transportation ever since.My grandfather started the business with one bus.Althouse Bus Transportation is delighted to have the opportunity to bring distinctive and safe service to our local school and community and looks forward to continuing to provide quality service for many more years to come."Three generations of business is not all the company has enjoyed.Thanks to drivers like Bruce Hardy,they have been building relationships through generations.Liesi's mother Carol also enjoys fond memories of riding Bruce Hardy's bus to the Octorara School District.What has Althouse Bus Transportation been mainly aiming at?A:Making as much money as possible.B:Building up its fame.C:Developing its business.D:Providing the local community with quality service.
单选题Hannah finished building her new all-purpose projects room last year, and she has been working in the room ever since.Aand she has been working in the room ever sinceBand since that time she has worked thereCwhere always since she worksDshe has been working in that room ever sinceEand since then is working there
单选题Chinatown has been the center of San Francisco’s Chinese community since the 1850s. Its boundaries have expanded significantly since the 1960s, and the neighborhoods built there are generally wealthy.AplentifulBattractiveCfriendlyDrich
问答题Practice 6 The financial crisis presents an opportunity for China to seize the leadership baton for globalization and become its centre for goods, services and capital, while catalyzing a new China boom that could last a decade or longer. That boom could turn China into the world’s largest economy—and a developed country—within two decades. The global economy has run like a motorcycle, with American consumption as one wheel and China’s savings as the other, with everyone else piled up on top. The sustainability of this world depended on foreigners believing in the Wall Street debt instruments that paid for America’s imports while keeping inflation at bay. Inflation came three years ago with surging oil prices. The tightening that accompanied it burst the US property bubble in 2006. It took another year for the subprime market, and still another for financial derivatives, to blow up. The resulting crisis has destroyed Wall Street’s credibility. The motorcycle economy has fallen over. The global financial crisis is casting a shadow over globalization. Developed economies may resort to protectionism to keep jobs at home, leading to a vicious cycle of recession and more protectionism. China is in a position to carry the baton for globalization.
问答题Although the American economy has transformed itself over the years, certain issues have persisted since the early days of the republic. One is the continuing debate over the proper role for government in what is basically a marketplace economy. An economy based on free enterprise is generally characterized by private ownership and initiative, with a relative absence of government involvement. However, government intervention has been found necessary from time to time to ensure that economic opportunities are fair and accessible to the people, to prevent flagrant abuses, to dampen inflation and to stimulate growth.Ever since colonial times, the government has been involved, to some extent, in economic decision-making. The federal government, for example, has made huge investments in infrastructure, and it has provided social welfare programs that the private sector was unable or unwilling to provide. In a myriad of ways and over many decades, the government has supported and promoted the development of agriculture.