Questions 17 ～ 20 are based on the following talk about the global economy from 1973 to 1990s. You now have 20 seconds to rend Questions 17 ～ 20. Which was the major cause of the emergence of the global economy in 1973 A: The drop in economies of industrialized nations caused by the rise of oil price. B: The cease of the United States’ dominant position in the world economy. C: The competition from Western Europe and Japan to the U. S. in international trade. D: All of the above.

Which of the following is least likely to be a direct consequence of a high rate of inflation（） A: Increased uncertainty about the long-term inflation rate. B: Increased focus on the long term by business planners and other people. C: A misallocation of resources within the economy.

中国经济将融入世界经济的大潮。 A: The economy of China will converge with that of the world. B: The economy of China will merge into the tide of the world economy.

Why haven't falling oil prices boosted the global economy as they did before? A: People are not spending all the money they save on gas. B: The global economy is likely to undergo another recession. C: Oil importers account for a larger portion of the global economy. D: People the world over are afraid of a further plunge in oil prices.

Information about British Economy The driving factor of this year’’s economic growth is______.