Which of the below is not an advantage of globalisation? A: Demand for Protectionism B: Economies of scale C: Business diversification D: Brand-building

( ) gives consumers and countries the opportunity to be exposed to new markets and products. A: Trading regionally B: Trading globally C: Trade barriers D: Trad protectionism

At present, China's foreign trade is facing a myriad of challenges which mainly include _______________ . A: environmental constraints B: growing international protectionism C: domestic enterprises not competitive enough D: too big a foreign exchange reserve

A—Socialist Economy B—Capitalist Economy C—Collective Economy D—Planned Economy E—Controlled Economy F—Rural Economics G—Liberal Economy H—Mixed Economy I—Political Economy J—Protectionism K—Primary Sector L—Public Sector M—Economic Channels N—Economic Balance O—Economic Fluctuation P—Economic Depression Q—Economic Stability R—Economic Policy S—Economic Recovery T—Economic Trend U—Economic Situation ______自由经济 ______经济形势

A—Socialist Economy B—Capitalist Economy C—Collective Economy D—Planned Economy E—Controlled Economy F—Rural Economics G—Liberal Economy H—Mixed Economy I—Political Economy J—Protectionism K—Primary Sector L—Public Sector M—Economic Channels N—Economic Balance O—Economic Fluctuation P—Economic Depression Q—Economic Stability R—Economic Policy S—Economic Recovery T—Economic Trend U—Economic Situation ______经济趋势 ______经济波动

A—Socialist Economy B—Capitalist Economy C—Collective Economy D—Planned Economy E—Controlled Economy F—Rural Economics G—Liberal Economy H—Mixed Economy I—Political Economy J—Protectionism K—Primary Sector L—Public Sector M—Economic Channels N—Economic Balance O—Economic Fluctuation P—Economic Depression Q—Economic Stability R—Economic Policy S—Economic Recovery T—Economic Trend U—Economic Situation ______混合经济 ______政治经济学

A—Socialist Economy B—Capitalist Economy C—Collective Economy D—Planned Economy E—Controlled Economy F—Rural Economics G—Liberal Economy H—Mixed Economy I—Political Economy J—Protectionism K—Primary Sector L—Public Sector M—Economic Channels N—Economic Balance O—Economic Fluctuation P—Economic Depression Q—Economic Stability R—Economic Policy S—Economic Recovery T—Economic Trend U—Economic Situation ______公共部门 ______社会主义经济

A—Socialist Economy B—Capitalist Economy C—Collective Economy D—Planned Economy E—Controlled Economy F—Rural Economics G—Liberal Economy H—Mixed Economy I—Political Economy J—Protectionism K—Primary Sector L—Public Sector M—Economic Channels N—Economic Balance O—Economic Fluctuation P—Economic Depression Q—Economic Stability R—Economic Policy S—Economic Recovery T—Economic Trend U—Economic Situation ______经济平衡 ______经济复原苏

Part I Directions: Fill the blanks according to what you hear. (数字题请写出数字） International trade is likely to be, again, a main issue for political and business leaders at the World Economic Forum meeting in Davos, Switzerland. American President Donald Trump plans to attend the meeting in Davos this week. He is the closing speaker at the meeting. An administration spokeswoman said the president would seek to "promote his policies to 1 American businesses, American industries and American workers." Trump is expected defend his administration's trade measures. Indian Prime Minister Narendra Modi gave this year's 2 speech. The India leader said his country's economy would more than double in size by the year 3 while fighting climate change. China is sending a delegation of more than 130 people including a top 4 advisor Liu He. Last year, Chinese President Xi Jinping attended. He warned against protectionism and trade disputes. At the time, Xi said that "a trade war will only lead to suffering on both sides." Tao Ran is an economist at the Brookings Institution, a research group in Washington. He said China's Liu will seek to get the U.S. to limit trade actions against his country. "I think what Liu He will do is (try) to persuade the U.S. from 5 more trade actions against China," he said. Recently, the U.S. has 6 criticism for the decision to place taxes on imported washing machines and solar panels. The move largely affects South Korea and China. The move follows a finding by the U.S. International Trade Commission. Trade officials said that those imported products were a "cause of serious injury to 7 manufacturers." The U.S. is seeking to place a 20 percent tax on imported washing machines in the first year. South Korea says the import taxes 8 World Trade Organization rules. South Korean companies Samsung and LG would be hard hit by the import taxes on washers. A 30 percent tax on imported solar cells is also being sought. China is a major manufacturer of solar equipment. The import taxes on both kinds of products are planned to decrease in the second and third years. India's Prime Minister Modi 9 his country's fast economic growth. India has one of the world's fastest growing economies. It is the world's largest democracy and currently the second most populated country. Modi said India would greatly increase its use of renewable energy to reduce the effects of climate change. But Modi said he also was concerned about moves to increase 10 to trade that threatened globalization. He added that, "the solution to this worrisome situation against globalization is not isolation." In his speech, the Indian leader called climate change a major threat. He added that developed countries needed to provide developing nations, like his own, with more money for new technologies. The World Economic Forum, a Swiss nonprofit organization, holds its main yearly meeting each January. I'm Mario Ritter.