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What’s the one word of advice a well-meaning professional would give to a recent college graduate? China? India? Brazil? How abo
What’s the one word of advice a well-meaning professional would give to a recent college graduate? China? India? Brazil? How abo
admin
2020-04-14
57
问题
What’s the one word of advice a well-meaning professional would give to a recent college graduate? China? India? Brazil? How about trade?
When the Commerce Department reported last week that the trade deficit in June approached $ 50 billion, it set off a new round of economic doomsaying. Imports, which soared to $ 200.3 billion in the month, are subtracted in the calculation of gross domestic product. The larger the trade deficit, the smaller the GDP. Should such imbalances continue, pessimists say, they could contribute to slower growth.
But there’s another way of looking at the trade data. Over the past two years, the figures on imports and exports seem not to signal a double-dip recession—a renewed decline in the broad level of economic activity in the United States—but an economic expansion.
The rising volume of trade—more goods and services shuttling in and out of the United State—is good news for many sectors. Companies engaged in shipping, trucking, rail freight, delivery, and logistics(物流) have all been reporting better than expected results. The rising numbers signify growing vitality in foreign markets—when we import more stuff, it puts more cash in the hands of people around the world, and U. S. exports are rising because more foreigners have the ability to buy the things we produce and market. The rising tide of trade is also good news for people who work in trade-sensitive businesses, especially those that produce commodities for which global demand sets the price—agricultural goods, mining, metals, oil.
And while exports always seem to lag, U. S. companies are becoming more involved in the global economy with each passing month. General Motors sells as many cars in China as in America each month. While that may not do much for imports, it does help GM’s balance sheet—and hence makes the jobs of U. S. -based executives more stable.
One great challenge for the U. S. economy is slack domestic consumer demand. Americans are paying down debt, saving more, and spending more carefully. That’s to be expected, given what we’ve been through. But there’s a bigger challenge. Can U. S. -based businesses, large and small, figure out how to get a piece of growing global demand? Unless you want to pick up and move to India, or Brazil, or China, the best way to do that is through trade. It may seem obvious, but it’s no longer enough simply to do business with our friends and neighbors here at home.
Companies and individuals who don’t have a strategy to export more, or to get more involved in foreign markets, or to play a role in global trade, are shutting themselves out of the lion’s share of economic opportunity in our world.
What does the author say about the trade data of the past two years?
选项
A、It indicates that economic activities in the U. S. have increased.
B、It reflects the fluctuations in the international market.
C、It shows that U. S. economy is slipping further into recession.
D、It signals decreasing domestic demand for goods and services.
答案
A
解析
本题是个细节题。根据题干考生可将答案定位在文章的第三段。段中讲:过去两年,进口、出口数字似乎并没有暗示连续两次下降的经济衰退,却暗示了经济扩张。选项A中的 increase 和原文中的 expansion 表达同样的含义,意为“经济增长,经济扩张”,所以为正确答案。
转载请注明原文地址:https://kaotiyun.com/show/rOW7777K
0
大学英语六级
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