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unit 7: Economic Reform

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Người gửi: Võ Tuyết Thành (trang riêng)
Ngày gửi: 21h:38' 09-10-2009
Dung lượng: 65.5 KB
Số lượt tải: 26
Số lượt thích: 0 người

UNIT 7: ECONOMICS REFORMS
I. Read the passage carefully and choose the correct answer.
Vietnam is a densely-populated, developing country that in the last 30 years has had to recover from the ravages of war. Substantial progress was achieved from1986 to 1997 in moving forward from an extremely low level of development and significantly reducing poverty.
Since 2001, Vietnamese authorities have reaffirmed their commitment to economic liberalization and international integration. They have moved to implement the structural reforms needed to modernize the economy and to produce more competitive, export-driven industries. .
Vietnam`s membership in the ASEAN Free Trade Area (AFTA) and entry into force of the US-Vietnam Bilateral Trade Agreement in December 2001.have led to even more rapid changes in Vietnam`s trade and economic regime. Vietnam`s exports to the US doubled in 2002 and again in 2003.
Vietnam joined the WTO (World Trade Organization) in January 2007, following over a decade long negotiation process. This should provide ail important boost to the economy and should help to ensure the continuation of liberalizing reforms.
Vietnam is working to create jobs to meet the challenge of a labor force that is growing by more than one million people every year. Vietnamese authorities have tightened monetary and fiscal policies to stem high inflation. Hanoi is targeting an economic growth rate of 7.5-8% during the next five years.
Vietnam`s economy is _______.
a. decreasing b. facing crisis c. developing d. backward
According to the text, Vietnam _______.
a. used to be well-developed before 1986 b. Vietnam is still in extreme poverty
c. could recover from the consequences of the war soon d. has been modernizing the economy
Vietnam _______.
a. does not export anything to the US b. exported to the US in 2003 twice as much goods as in 2002
c. did not export goods to the US in 2002 d. did not export goods to the US in 2003
The word “This” refers to _______.
a. Vietnam`s joining the WTO b. the WTO c. the negotiating process d. the Vietnamese economy
The word “stem” has a close meaning to _______.
a. succeed b. stop c. originate d. increase

II. Fill in each numbered blank with one suitable word or phrase.
Vietnam is considered a third world country, its people live (1) _____ poverty by the millions. After the (2) _____, Vietnam`s economy remained dominated by small-scale production, low labor productivity, (3) _____, material and technological shortfalls, and insufficient food and (4) _____ goods. The Doi Moi reforms that were instated in 1986 have shed new light and added new features to the Vietnamese economy. (5) ____ Vietnamese Communist Party plays a leading role in establishing the foundations and principles of communism, mapping strategies for economic development, setting growth targets, and (6) _____ reforms. Doi Moi combined government planning with free-market incentives and (7) _____ the establishment of private businesses and foreign investment, including foreign-owned enterprises. By the late 1990s, the success of the business and agricultural reforms ushered in under Doi Moi was evident. (8) _____ than 30,000 private businesses had been created, and the economy was growing at an annual (9) _____ of more than 7 percent. Farming systems research and the international development projects are a source of new hope for the people of Vietnam. If these recent projects are successful and Doi Moi continues on its current path the Vietnamese people may (10) _____ a new standard of living. More reforms like Doi Moi need to take place in order to create a more stable Vietnamese future.
1. a. for b. in c. on d. of
2. a. liberate b. liberation c. liberator d. liberal
3. a. application b. salary c. profession d. unemployment
4. a. consumer b. producer c. spender d. manufacturer
5. a. A b. An c. The d. Ø
6. a. launching b. flying c. sending d. raising
7. a. found b. promised c. required d. encouraged
8. a. Much b. More c. As d. As more
9. a. rate b. level c. standard d. step
10. a. come b. approach c. reach d. arrive

III. Choose the word which is stressed differently from the rest.
1. a. economic b. experience c. entertainment d. introduction
2. a. achievement b. communist c. constantly d. government
3. a. heavy
 
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