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I. Read the following unfinished statements or questions carefully. For each unfinished statement or question four suggested answers marked A, B, C and D are given. Choose the one you think best completes the statements or answers the question.
1. The economic policy Britain pursued in the 1950s and 1960s was based on the theory of ____.
A. Adam Smith
B. John Maynard Keynes
C. Margaret Thatcher
D. Karl Marx
2. In the 1970s Britain maintained the _____ growth rate and the _____ inflation rate among the developed countries.
3. Under Margaret Thatcher Britain experienced _______.
A. economic recession
B. economic expansion
C. economic decline
D. economic depression
4. In Britain service industries account for about ____ of its gross domestic product (GDP).
5. The following are the reasons why British coal mining is today called a "sick" industry except _____.
A. Britain has used up almost all coal deposits
B. the demand for British coal has declined
C. petroleum, water power, and electric power are replacing coal for many purposes
D. the old British mines are narrow and deep, making it difficult to sue machines fro mining.
6. Which of the following is not true of British iron and steel industry?
A. Britain's steel industry is declining.
B. No more new discoveries of iron ore have been found in Britain.
C. Supplies of iron ore are now mostly foreign.
D. Compared with newer plants in the world, Britain's steelworks are not efficient.
7. Rolls-Royce is world famous for _____.
A. machine tools
B. household appliances
C. luxury automobiles
D. high-quality knives and hand tools
8. Why is it that Britain today imports more clothing than it exports?
A. British clothing is of poor quality.
B. Britain does not grow cotton.
C. Many countries with lower costs can produce clothing more cheaply than the British can.
D. Britain has a highly developed transportation system.
9. The area between _____ and ______ is now often referred to as the "Silicon Glen".
A. London/South Wales
B. the Oxford/the Cambridge
C. London/the Cambridge
10. Which of the following is not true of Britain's agriculture?
A. British farming is highly mechanized.
B. Agriculture in Britain is intensive.
C. British farming is very efficient.
D. Britain's agriculture can produce enough food for its people