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0»I<:p¥NjlaE'*1225pAE6ta£-«12100・6j££©V1.AsoneAsianeconomyafteranotherhas

melteddownoverthepastninemonths,politiciansandpunditsfromJapanese

PrimeMinisterHashimotototheWashingtonPosttotheWorldBank\~schiefeconomist

haveallemphasizedthatthereisnocausefora

A.ranging

B.differing

C.altering

D.separating

2.Asthetaskforcenearstheendofitslifeitwillprobablywanttocreatesome

permanentagency,perhapsundertheaegisoftheAsiaPacificEconomicCooperation

toenforcetheagreeduponrules.

A.symmetry

B.forum

C.foam

D,summary

3.Ifhesucceeds,hewillreturntoTurinaherowrapped___glory.

A.with

B.in

C.of

D.by

4.somepoint,holdingthiskindofconferenceisunnecessary.

A.To

B.At

C.With

D.For

5.Ateachstepalongtheway,economicpessimistswarnedthattheeconomywasabout

tumbleintoayawningchasm.

A.into

B.to

C,on

D.for

6.Itwouldnotonlyshort-termfixesbutalsomeasurestohelpshapetheTigers

foraglobaleconomy.

A.enforce

B.entail

C.enable

D.entitle

7.experiencingtheboomsandbustsofold,theeconomyisonasteadygrowth.

A.Otherthan

B.Ratherthan

C.Nomorethan

D.Nootherthan

8.Globalleadersshouldappointantaskforcethatwouldhaverealcloutto

dealwiththeproblemonaregionalbasis.

A.emergency

B.immediacy

C,imminence

D.immenseness

9.Thecouplemadetheirbeforeaparishpriest.

A.openingremarks

B.thoughts

C.vows

D.emotions

10.Ifthestagnanteconomyactuallygoesintorecession,Hashimotowillface

pressurestoeaseup___hisfiscalreform.

A.to

B.for

C.with

D.on

11.Overthepastthreeyears,theamountofmoneyspentonhomecomputershasrisen

by55%,far___incomegrowth.

A.inabindof

B.inamannerof

C.inexcessof

D.inapositionto

12.Companiesarerelyingontemporaryworkersandoutsideconsultingfirmszwhich

canbeeasily___duringtoughtimes.

A.sloughedoff

B.putacross

C.broughtoff

D.takenamiss

13.Thecompanysawrise21%inthefirstquarter,despitea1%declinein

revenues.

A.earning

B.payroll

C.payrolls

D.earnings

14.Thatmighthappenifemployerscan\~tfindenoughworkerstofillthe

information-intensivejobsthatdrivetheeconomynow.

A.experiencing

B.fiscal

C.familiar

D.skilled

15.High-techexecutivesarealsocounting____competitivepressureforcing

corporationstocontinuespendingoninformationtechnologyeveninarecession.

A.on

B.in

C.off

D.out

16.।°Settheworldonfire।±issimilarto___inmeaning.

A.notorious

B.famous

C.familiar

D.ablaze

17.AmoveisinCongresstoopposeU.S.help.

A.intheway

B.underway

C.outoftheway

D.acrosstheway

18.Foryourfuture,weoperateaninsurancescheme,coveringtheequipment

againstbreakdownsforasmalladditionalcost.

A.awareness

B.concern

C.notice

D.reference

19.It___themainproblemisfinancialmismanagement.

A.suggests

B.implies

C・means

D.signifies

20.Fornow,theworldisbreathingabiteasier.Bymid-January,theSouthKorean

crisisseemedtostabilize,Suhartowasmakingconciliatorygesturestoforeign

bankers,andAsianstocksandcurrencieswerestartingtoback.

A.bound

B.boundary

C.bounce

D.booth

21.PresidentofFiatin1992unexpectedlyslashedtaxeswhatweredubbed

।°popularcars।±.

A.at

B.with

C,of

D.on

22.Thechildrenwalkedtotheofthecliffandlookeddownattheseabelow.

A.border

B.edge

C.limit

D.rim

23.Sixyearsintotheeconomicexpansionofthe1990szandthelivingiseasy.Almost

3millionjobshavebeenaddedoverthepastyearalone,andconsumerconfidenceis

A.falling

B.dropping

C.raising

D.soaring

24.Chiefamongthemistheneedtoimprovetheproductivityofdomesticindustry

asawaytoimproveJapan\"sgrowthprospects.

A.hasty

B.urgent

C,early

D.confident

25.Astheyovertheiroptions,allroadseventuallyledtoBrazil.

A.pored

B.calculated

C.considered

D.judged

0»iiIa£111225laAEOiaf-12100-6j££@V1.Thechildrenwalkedtotheofthe

cliffandlookeddownattheseabelow.

A.border

B.edge

C.limit

D.rim

2.AstheNikkeii-slatestnightmaresuggests,makingthetransitiontoaneconomy

inwhichgovernmentlessandthemarketcountsformorewillnotbefun.

A.encroaches

B,invades

C.intrudes

D.infringes

3.ThatcouldbeenoughtoGreenspantorelax.

A.confirm

B,persuade

C.suggest

D.insist

4.ofAnwar,theoppositionmayendupretreatinginconfusion.

A.Deprived

B.Todeprive

C.depriving

D.Deprive

5.CorporateJapanisturningitselfzwiththestrongdumpingtheweak.

A.on

B.off

C.down

D.up

6.BrazilbecamethekeyFiati-snewglobalizationstrategy.

A.of

B.to

C.for

D.with

7.Atthesametime,far-reachingderegulationshouldtheprovisionsthat

compelsaving(suchascompulsorypayrollsavingsdeductions)andsuppress

consumption.

A.cancel

B.refuse

C.reject

D.abolish

8.InearlyJanuary,Indonesian,PresidentSuhartooutlined_appendingplansthat

defiedmovesdemandedbytheIMF.

A.ambitious

B.anxious

C.coward

D.amerceable

9.TheargumentbetweenthetwoboysbecamesofiercethatDadhadtoandtell

themtobehave.

A.inhabit

B.interact

C.intervene

D.inherit

10.High-techexecutivesarealsocounting____competitivepressureforcing

corporationstocontinuespendingoninformationtechnologyeveninarecession.

A.on

B.in

C.off

D.out

11.Aslongastheredtaperemains,corruptionwill.

A.persist

B.resist

C,pursue

D.insist

12.Buthealsowantstohikethenationalsalestaxfrom3%to5%andan

income-taxbreakenactedin1995.

A.cancel

B.repeal

C.reject

D.refuse

13.____wouldbethebadbankingpractices,thecronyism,andthepolitical

favoritism.

A.Going

B.Go

C.Gone

D.Goes

14.Economistsfearpoliticalconcernswillhavethegovernmentintervening__the

stockmarket.

A.on

B.upon

C.in

D.with

15.Overthepastthreeyears,theamountofmoneyspentonhomecomputershasrisen

by55%,far___incomegrowth.

A.inabindof

B.inamannerof

C.inexcessof

D.inapositionto

16.Likegeneralsfightingthelastwar,theFedseemstobefocusingtraditional

cyclicalindicators.

A.into

B,on

C.of

D.with

17.Hearingthesadmews,theglassfromhishandandfellintopieces.

A.slid

B.slipped

C.glided

D.slided

18.Hehadmadenoisesadvocatingenvironmentreformthatoppositionfrom

Mahathir.

A.raninto

B.ranacross

C.ranabout

D.ranafter

19.Fornow,theworldisbreathingabiteasier.Bymid-January,theSouthKorean

crisisseemedtostabilize,Suhartowasmakingconciliatorygesturestoforeign

bankers,andAsianstocksandcurrencieswerestartingtoback.

A.bound

B.boundary

C,bounce

D,booth

20.Sometimesabureaucrati~s___rulingcanmeandenialorlossofonei~swelfare

benefits.

A.absolute

B.arbitrary

C.impersonal

D.objective

21.Thecompanysawrise21%inthefirstquarter,despitea1%declinein

revenues.

A.earning

B.payroll

C.payrolls

D.earnings

22.TensofthousandsofpeoplepouredintothestreetsofKualaLumpurtoexpress

theirsupportAnwarandhismessage.

A.of

B.with

C.to

D,for

23.Morethanayearlater,politiciansthroughouttheregionarechoosingto

painfulchoices.

A.doawaywith

B.steerclearof

C.dealwith

D.getaccustomedto

24.Bureaucratsnowtheirrecenteffortstospurtheeconomy.

A.conceal

B.concede

C.confess

D.conceive

25.Certainly,ifMahathirj-spoliciestobolsterMalaysiaInc.failtoimprovethe

economy,hewillbeincreasinglytoattack.

A.sensitive

B.vulnerable

C.opposed

D.exposed

0»iCp¥N।ia£',1225pAEOIaE-*12100-dj££0V1.Thebankinghaslongbeenthe

oftheregionj-scronycapitalism.

A.obstacle

B.holdback

C.cornerstone

D.hindrance

2.Itisfreemarketanditcontrolsmostofthe___ofsavingstoinvestment.

A.curving

B.direction

C.flow

D.stream

3.Instead,localmagnatesareobjecting___thetermsofprivatization.

A.at

B,for

C.with

D.to

4.Foryears,shethehopethatherhusbandmightstillbealive.

A.valued

B.cherished

C.treasured

D.grasped

5.Globalleadersshouldappointantaskforcethatwouldhaverealcloutto

dealwiththeproblemonaregionalbasis.

A.emergency

B.immediacy

C.imminence

D.immenseness

6.InThailand,senatorswhorepresentrealestateinterestsareintent__blocking

thepassageoflawsthatwouldspeedupforeclosures

A.on

B.in

C.with

D.of

7.Cisconowhandles70%ofthesupportcallsitreceiveswithouthumanintervention,

theWeb.

A.across

B,via

C.in

D.without

8.Inonetheauto-makingmarketinBrazilwaschangedforever.

A.stroke

B.stick

C.stone

D.stock

9.Chinai_s__oftheRenminbiin1994signalstheendofthegametosomedegree.

A.revaluation

B.appreciation

C.depreciation

D.devaluation

10.Ifhesucceeds,hewillreturntoTurinaherowrapped___glory.

with

B.in

C.of

by

11.Congressionalcriticsontherightandlefthavealreadygearedupto___the

IMF.

A.takeaimat

B.takeitoutof

C.bringin

D.buyout

12.Outofthat,there\~slittleflexibilityin$150million,buttheremaining$100

millionismore,saysSiboni.\°BuildingWeb-centricinformationsystemsmight

becomelesscritical.\±

A.valid

B.vibrating

C.varying

D.variable

13.Hehadmadenoisesadvocatingenvironmentreformthatoppositionfrom

Mahathir.

A.raninto

B.ranacross

C.ranabout

D.ranafter

14.Astheyovertheiroptions,allroadseventuallyledtoBrazil.

A.pored

B.calculated

C.considered

D.judged

15.Thanks___$515billionworthofinvestment,themultinationalshavemovedcloser

totheircustomers.

A.for

B.of

C.by

D.to

16.PresidentofFiatin1992unexpectedlyslashedtaxeswhatweredubbed

i°popularcarsi±.

A.at

B.with

C,of

D,on

17.___wouldbethebadbankingpractices,thecronyism,andthepolitical

favoritism.

A.Going

B.Go

C,Gone

D.Goes

18.ThecrisishighlightsthestrategicmisstepsofSeoul\~spolicymakers.

A.profound

B.superficial

C.superior

D.sharp

19.Aslongasproductivityistheupswing,employerswillbeabletopayhigher

wageswithouthavingtopassthecostsoninpricehikes.

A.on

B.in

C.under

D.behind

20.CorporateJapanisturningitself,withthestrongdumpingtheweak.

A.on

B•off

C.down

D,up

21.Theboyaskedhismothertohimupsothathecouldlookinthewindow.

A.boast

B.booth

C.boost

D.booze

22.competitionfromJapanandChina,exportgrowthintherestofAsiafell

fromapeakof30%inearly1995tozerobymid-1996.

A.Inadvanceof

B.Inaidof

C.Inthefaceof

D.Inbackof

23.Creatinganewchipdesignoranewsoftwareprogramisaeffortthatrelies

almostexclusivelyonwell-paiddomesticworkers.

A.labor-intensive

B.labor-oriented

C.technology-intensive

D.technology-oriented

24.Nothingrepresentsthedifficultiesofreformtheefforttofixthebanks.

A.aswellas

B.assoonas

C.aswell

D.asfaras

25.InHKmostfortuneshavebeenmadein__,ahighlyregulatedsector.

A.finance

B.logistics

C.realestate

D.securities

0»i।ta£"1225pAEOiaE-112100-Oi££@V1.Buthealsowantstohikethenational

salestaxfrom3%to5%andanincome-taxbreakenactedin1995.

A.cancel

B.repeal

C.reject

D.refuse

2.Thecouplemadetheirbeforeaparishpriest.

A.openingremarks

B.thoughts

C.vows

D.emotions

3.Likegeneralsfightingthelastwar,theFedseemstobefocusingtraditional

cyclicalindicators.

A.into

B.on

C.of

D.with

4.Intheimmediatefuture,exportswillmorethaneverbethe___oftheAsian

economies.

A.lifeblood

B.livelihood

C.necessity

D.mainstay

5.HequicklydiscoveredthatBrazil,ratherthanbeingsomestagnantbackwater,

wasanautomarketwithgrowth.

A.exploding

B.exploiting

C.exploring

D.expanding

6.Thecompanyjustfinishedautomateddefect-removalsystemsinthelast

ofitsnineU.S.potatoplants.

A.installing

B.toinstall

C.toset

D.setting

7.Taxcutsandcreationofasocialsafetynetshouldabreakupoflarge

industrialandfinancialgroups.

A.becombinedby

B.beconfinedto

C.becoupledwith

D.becabledby

8.Lookingfurtherout,GartnerGroupInc.thatspendingonhardwareand

softwarewillrisebyabout8%annuallyfortherestofthedecade.

A.produces

B.projects

C.propels

D.promotes

9.Astheyovertheiroptions,allroadseventuallyledtoBrazil.

A.pored

B.calculated

C.considered

D.judged

10.Morethanayearlater,politiciansthroughouttheregionarechoosingto_

painfulchoices.

A.doawaywith

B.steerclearof

C.dealwith

D.getaccustomedto

11.__ofAnwar,theoppositionmayendupretreatinginconfusion.

A.Deprived

B.Todeprive

C.depriving

D.Deprive

12.Somegovernmentstrytheirbesttoavoidtheirnationaldebt.

A.expanding

B,extending

C.lengthening

D.exploding

13.__competitionfromJapanandChina,exportgrowthintherestofAsiafell

fromapeakof30%inearly1995tozerobymid-1996.

A.Inadvanceof

B.Inaidof

C.Inthefaceof

D.Inbackof

14.Computersarenottheonlycapitalthathaveapayoff.

A.goods

B.good

C.merchandise

D.commodities

15.Scannersdiscoloredspotsinslicedpotatoesastheyzoombyonconveyors.

A.detect

B.detain

C.detach

D.destine

16.Fiati-sgrandstrategistsconvenedinTurinanddecidedthatanewroundof

globalizationwasmorethanbefore.

A.emergent

B.imperative

C.inductive

D.instructive

17.Fiati-sBrazilianoperationsnowfor18%oftheconglomerate\"stotalauto

sales.

A.takeup

B.occupy

C.account

D・makeup

18.Higherproductivityalsomeansthattheeconomymaybeofsustaining5%

unemploymentratesorlowerwithouttriggeringinflation.

A.capable

B.able

C.interested

D.efficient

19.Itwouldnotonlyshort-termfixesbutalsomeasurestohelpshapetheTigers

foraglobaleconomy.

A.enforce

B.entail

C.enable

D.entitle

20.Thatrealizationisshakingthestockmarket.

A.up

B.down

C.off

D.out

21.Congressionalcriticsontherightandlefthavealreadygearedupto___the

IMF.

A.takeaimat

B.takeitoutof

C.bringin

D.buyout

22.SomeeconomiststhattheFederalReservehadalreadymisseditschance

tokeeppricesundercontrol.

A.prepared

B.prevailed

C.preceded

D.predicted

23.Brazilianautoanalystssayit।-sonlyamatteroftimebeforeit

Volkswagen,whichholds29.1%ofthemarket,tobecomeNo.1.\°Fiathasclearlydone

amarvelousjobofcomingfromthirdplacetothreatenVW,।±saysFranciscoH.Passos

Fernandeszad

A.exceed

B.overtake

C.lag

D.surpass

24.AsurveyshowsbureaucratisthebiggestbarrierdoingbusinessinKorea.

A.of

B.for

C.with

D,to

25.Structuralbottlenecksbureaucraticresistanceandlabor___sloworeventhwart

reform.

A.issues

B.events

C.things

D.incidents

0»i।ta£"1225pAEOiaE-112100・6j££©V1.Ateachstepalongtheway,economic

pessimistswarnedthattheeconomywasabouttumbleintoayawningchasm.

A.into

B.to

C.on

D.for

2.Foralongtime,___economieslikeJapanandKoreawerefewandrelativelysmall

comparedwithimportingeconomiesliketheU.S.

A.export-led

B.import-led

C.information-intensive

D.technology-intensive

3.Instead,localmagnatesareobjecting___thetermsofprivatization.

A.at

B.for

C.with

D.to

4.Chiefamongthemistheneedtoimprovetheproductivityofdomesticindustry

asawaytoimproveJapani-sgrowthprospects.

A.hasty

B.urgent

C.early

D.confident

5.Asthetaskforcenearstheendofitslifeitwillprobablywanttocreatesome

permanentagency,perhapsundertheaegisoftheAsiaPacificEconomicCooperation

toenforcetheagreeduponrules.

A.symmetry

B.forum

C.foam

D•summary

6.AmoveisinCongresstoopposeU.S.help.

A.intheway

B,underway

C.outoftheway

D.acrosstheway

7.Companycoffersarebrimmingprofits.

A.with

B.over

C.of

D.for

8.Lookingfurtherout,GartnerGroupInc.thatspendingonhardwareand

softwarewillrisebyabout8%annuallyfortherestofthedecade.

A.produces

B.projects

C.propels

D.promotes

9.Higherproductivityalsomeansthattheeconomymaybeofsustaining5%

unemp1oymentratesorlowerwithouttriggeringinflation.

A.capable

B.able

C.interested

D.efficient

10.Nothingrepresentsthedifficultiesofreformtheefforttofixthebanks.

A.aswellas

B.assoonas

C.aswell

D.asfaras

11.Anwarwasarrested,Mahathirexplained,becausehewasamenace__publicmorals.

A.for

B.with

C.of

D.to

12.Fiati-sgrandstrategistsconvenedinTurinanddecidedthatanewroundof

globalizationwasmorethanbefore.

A.emergent

B.imperative

C.inductive

D.instructive

13.The40%oftheyenagainstthedollarishelpingthecomeback.Butthe

multinationalsaregainingevenmoreadvantagesfromtheirproductionbasesthathave

sprunguparoundtheworld.

A.depreciation

B.appreciation

C.discrimination

D.depression

14.Overthepastthreeyears,theamountofmoneyspentonhomecomputershasrisen

by55%,far___incomegrowth.

A.inabindof

B.inamannerof

C.inexcessof

D.inapositionto

15.Thechangeoftheplanwouldtreatinconvenienceonthem.

A.entail

B.detail

C.cocktail

D.retail

16.MostofAsia।-sgovernmentscannotcredittoneedylocalborrowers.

A.lengthen

B.explode

C.extend

D.expand

17.Hewasfromhiscountryforpoliticalreasons.

A.chased

B.exiled

C.accompanied

D.pursued

18.Companiesareusingcomputerstoboostworkers]~~.

A.production

B.produce

C・product

D.productivity

19.Astheranksoflosersgrow,opinionsurveysnowshowordinaryJapanesearedeeply

anxious,worriedabouttheirjobs,andforchange.

A.yearning

B.yawning

C,yarning

D.yoking

20.CorporateJapanisturningitself,withthestrongdumpingtheweak.

A.on

B.off

C.down

D.up

21.Thecompanysawrise21%inthefirstquarter,despitea1%declinein

revenues.

A.earning

B.payroll

C.payrolls

D.earnings

22.StillzmostAmericansandEuropeansaresurprisinglyaboutAsia\"sturmoil.

A.sanguine

B.sanguinary

C.sanguinolent

D.stagnant

23.Thatmighthappenifemployerscan\~tfindenoughworkerstofillthe

information-intensivejobsthatdrivetheeconomynow.

A.experiencing

B.fiscal

C.familiar

D.skilled

24.competitionfromJapanandChina,exportgrowthintherestofAsiafell

fromapeakof30%inearly1995tozerobymid-1996.

A.Inadvanceof

B.Inaidof

C.Inthefaceof

D.Inbackof

25.HequicklydiscoveredthatBrazil,ratherthanbeingsomestagnantbackwater,

wasanautomarketwithgrowth.

A.exploding

B.exploiting

C.exploring

D.expanding

0»i।taE01225pAEOIaf-i12100・6j££©V1.Ateachstepalongtheway,economic

pessimistswarnedthattheeconomywasabouttumbleintoayawningchasm.

A.into

B.to

C.on

D.for

2.Oneof___greatinsightswastheparadoxofsavings.

A.Keynes'

B.Samuelson•s

C.Friedman's

D.Smith's

3.Fiati-sgrandstrategistsconvenedinTurinanddecidedthatanewroundof

globalizationwasmorethanbefore.

A.emergent

B.imperative

C.inductive

D.instructive

4.Conversely,ifspendingoncomputers,that।~sasignthatcompanieshad

littlefaithintheproductivitybenefitsofinformationtechnology.

A.lags

B.exceeds

C.overtakes

D.surpass

5.Eachhasnewnotebookordesktopofferingslately,andSonyi-snotselling

videogamemachinehascomefromnowheretobecomea$3millionglobalbusiness.

A.launched

B.had

C.attempted

D.carriedon

6.Computersarenottheonlycapitalthathaveapayoff.

A.goods

B.good

C.merchandise

D.commodities

7.MahathirsackedAnwarinpartbecausehechangestothatcozyrelationship.

A.calledon

B.calledfor

C.calledaway

D.calledback

8.Sinceofthemarketiscontrolledbylargecompaniesinvestingineachother,

themessageisdoublyclear.

A.two-thirds

B.two-third

C.second-three

D.second-threes

9.Thecompanysawrise21%inthefirstquarter,despitea1%declinein

revenues.

A.earning

B.payroll

C.payrolls

D.earnings

10.AmoveisinCongresstoopposeU.S.help.

A.intheway

B.underway

C.outoftheway

D.acrosstheway

11.Nowthesameplayersaredraggingtheirfeetreformanddefyingpolitical

pressuretocleanuptheiracts.

A.on

B.to

C.for

D.with

12.AstheNikkeii-slatestnightmaresuggests,makingthetransitiontoaneconomy

inwhichgovernmentlessandthemarketcountsformorewillnotbefun.

A.encroaches

B.invades

C.intrudes

D.infringes

13.Byimposingausterity___troubledAsiannations,theIMFmayactuallybe

exacerbatingthesituation.

A.on

B,in

C.with

D.at

14.Economistsfearpoliticalconcernswillhavethegovernmentintervening__the

stockmarket.

A.on

B.upon

C.in

D.with

15.Ifthestagnanteconomyactuallygoesintorecession,Hashimotowillface

pressurestoeaseup___hisfiscalreform.

A.to

B.for

C.with

D.on

16.Foralongtime,__economieslikeJapanandKoreawerefewandrelativelysmall

comparedwithimportingeconomiesliketheU.S.

A.export-led

B.import-led

C.information-intensive

D.technology-intensive

17.Althoughmeanttobe__,thisincantationisdangerouslymisleading.

A.comforting

B,encouraging

C.inspiring

D.heartening

18.Asianhaveusedtheirunbridledpowerpervasivelytocompeltheircitizens

tobecomebigsavers.

A.bureaucrats

B.bureaucracy

C.bureau

D.bureaus

19.Hearingthesadmews,theglassfromhishandandfellintopieces.

A.slid

B.slipped

C.glided

D.slided

20.Fiati-scampaigntowinthiswarhasbeen,whichmakesothercompaniesto

followitsexample.

A.instructive

B.inviting

C.industrious

D.inductive

21.AsnameplatecompanieslikeToyotaandToshibaacceleratetheshiftoftheir

businesstoAsiaandAmerica,manyoftheirsuppliersarebeingoutinthecold.

A.checked

B.quickened

C.left

D.eliminated

22.Asthetaskforcenearstheendofitslifeitwillprobablywanttocreatesome

permanentagency,perhapsundertheaegisoftheAsiaPacificEconomicCooperation

toenforcetheagreeduponrules.

A.symmetry

B.forum

C.foam

D.summary-

23.Growthhastoanaveragerateof4%fromabout2%in1995.

A.accelerated

B.promoted

C.quickened

D.advanced

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