Question

A new report by the International Monetary Fund（the I. M. F. ）estimates（估計） that the world economy will shrink by one and three-tenths percent this year. That would be the worst performance in more than sixty years.  Three months ago, the I. M. F. predicted a small growth for this year.

Major industrialized economies are expected to see the biggest decreases, shrinking by almost four percent. The I. M. F. predicts developing economies will continue to grow for the year, but only by about one and one-half percent.

The I. M. F. says the world will slowly return to growth of almost two percent next year. But the lending organization warns that strong policies to supervise（監(jiān)管） and support the financial system are needed if the world economy is to fully recovery.

Olivier Blanchard is the chief economist for the I. M. F.  He has said that banks are still in the process of rebuilding their financial positions. He added that securities markets（證券市場）are still operating poorly

Economic experts believe the world financial industry is moving towards recovery but with more losses to come. In all, the I. M. F. says worldwide financial losses could be as high as four trillion dollars by the end of next year.  World trade is expected to drop eleven percent this year, after expanding by three percent last year.

The I. M. F. report says international lending may not fully recover until two thousand eleven. The financial crisis has made the I. M. F. more important than ever. The world's largest economies promised to increase the size of the fund by about five hundred billion dollars. They did so at the G-Twenty meeting in London earlier this month. This week, President Obama proposed that the United States lend the I. M. F. one hundred billion dollars as part of that promise

Last week, Mexico became the first nation to borrow from the I. M. F. under a new program to provide emergency credit to nations with strong economies. Mexico received a forty-seven billion dollar line of credit for one year. Poland and Colombia are also seeking loans from the program.

 

59. Because of ______, the I. M. F is playing an even more important role than ever.

   A. the G―20 meeting in London        B. the financial crisis

   C. Olivier Blanchard                          D. President Obama

60. The world economy won’t full recover until_________________.

   A. developing economies play a more important role than major industrialized economies

   B. the International Monetary Fund lends more money to more countries

   C. there has been a strong supervising and supporting financial system

   D. securities markets operate well enough

61. We can know from the passage that ________________.

   A. at least three countries have borrowed from the I. M. F. since last week

   B. the world financial industry is recovering and will suffer no more losses

   C. developing economies are likely to continue to grow slowly for the year

   D. worldwide financial losses have been as high as four trillion dollars so far

62. What is this news report mainly about?

   A. The biggest decreases that the world economy is suffering.

   B. The slow recovery that the world financial industry is moving towards.

   C. The steadily growing International Monetary Fund.

   D. The recent world economic situation.

Answer 1

BCCD