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Decide E-C translation is True or False: Admission by Invitation Only. 非请莫入!
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发布时间：2022-01-07
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更多“Decide E-C translation is True…”相关的问题
第3题
Section BDirections: There are 2 passages in this section. Each passage is followed by som
Section B
Directions: There are 2 passages in this section. Each passage is followed by some questions or unfinished statements. For each of them there are four choices marked A, B, C and D. You should decide on the best choice.
As the economic role of multinational, global corporations expands, the international economic environment will be shaped increasingly not by governments or international institutions, but by the inter action between governments and global corporations, especially in the United States, Europe, and Japan. A significant factor in this shifting world economy is the trend toward regional trading biocs of nations, which has a potentially large effect on the evolution of the world trading system. Two examples of this trend are the United States-Canada Free Trade Agreement (FTA) and Europe 1992, the move by the European Community (EC) to dismantle impediments to the free flow of goods, services, cap ital, and labor among member states by the end of 1992. However, although numerous political and economic factors were operative in launching the move to integrate the EC's markets, concern about protectionism within the EC does not appear to have been a major consideration. This is in sharp contrast to the FTA, the overwhelming reason for that bilateral initiative was fear of increasing United States protectionism. Nonetheless, although markedly different in origin and nature, both regional developments are highly significant in that they will foster integration in the two largest and richest markets of the world, as well as provoke question about the future direction of the world trading system.
The primary purpose of the passage as a whole is to ______.
A．describe an initiative and propose its continuance
B．chronicle a development and illustrate its inconsistencies
C．identify a trend and suggest its importance
D．summarize a process and question its significance
第5题
Section A Directions：Translate the following passage into Chinese,Write your translatio
Section A
Directions：Translate the following passage into Chinese,Write your translation on the
ANSWER SHEET.
Engineers are developing a new type of Internet connection that could carry so much data so quickly it might surprise even Net surfers. This technology would open up a route through which data can be sent at speeds thousands of times faster than what’s possible now. If all goes to plan，the vast data speeds may soon be available to all. That might help solve the problem of how to handle the enormous growth in Internet traffic.The technology would require some new software and fiber-optic links to the PC，but otherwise no change in basic facilities.
第6题
Single, but not levelThe 1992 programme is going to run a bit late for the European Commun
Single, but not level
The 1992 programme is going to run a bit late for the European Community's financial services companies. The earliest that the whole -- more or less -- of the industry will be able to take advantage of its single market now looks like being mid - 1994. That is the European Commission's unstated timetable for EC member countries to implement its third life - insurance directive, whose draft is published on February 20th. The directive, which follows similar directive on non -life insurance published in draft a few months ago, is the last big element in its push to open financial markets that are still highly protected.
The broad idea is that financial service companies should have the right to operate through- out the EC on the basis of a single "passport", issued by the supervisory authority in their home country. The commission hoped to have the main insurance - all liberalised together at the end of 1992. Now it looks as if only the banking directive, adopted by the Council of Ministers in December 1989, will be operative in time.
A draft investment services directive was submitted by the commission to the council in January 1989, and is much further along the legislative road than the two insurance directives. Yet the obstacles that it has run into make it probable that even it will miss the end - 1992 deadline.
The directive would let investment banks and stockbrokers serve clients throughout the EC and trade on all EC exchanges, subjected only to home - country control. Problems arose last November, when France proposed to curb their freedom to trade securities outside recognised exchanges. This has split the EC into the usual north/south, liberal/interventionist groups. The 12 finance ministers will try again on February 25th, but progress is unlikely.
Eventually, a compromise will no doubt be reached, probably one saying that small investors should have their orders executed on official markets unless they want otherwise. But all this will take time to negotiate. The council is unlikely to adopt the directive formally much before the end of this year. Governments will then be hard put to get it on to their national statute books by mid-1993.
Do the delays in the investment services and insurance directives matter？ The EC is adept at missed deadlines, and end - 1992 was never carved in stone. The trouble is that banks, investment houses and insurers are now in competition with each other. Banks therefore will have a head start over their non - banking rivals in selling competitive products across the EC. Instead of the single, level playing field for financial services that the Community talks of, the field will indeed be single but still sloping from one end to the other.
Senior commission officials say that it is up to national governments to get a move on. This is wishful thinking. On February 19th the British government began consulting with interested parties on last autumn's non -life -insurance draft directive. This process will take months to complete, and only then, say the British, will they be able to begin serious negotiations in the Council of Ministers.
The draft life directive, while sharing some principles with the non-life draft, also poses new problems that will take time to resolve. These concerns such issues as consumer protection (that is, disclosure, supervision and so on), calculating technical provisions to meet insurers' liabilities, and the removal of certain national provisions like Belgium's ban on life - insurance policies linked to unit trusts.
Look Carefully at Paragraph 7. Then decide which of the following is the best explanation of the last sentence in that paragraph.
A．Banks will not be in competition with insurance companies and investment service companies after 1992.
B．Only banks will be allowed to alter their areas of activity after 1992.
C．Banks will have an unfair advantage over other financial institutions from 1922.
D．The European Commission wishes to give banks a special position in the single market.
