The decline in the auto motive industry began with the oil crisis of 1973—1994, when gasoline prices rose over 300 percent. Almost immediately, consumers began switching to smaller, more fuel-efficient cars, which were the strengths of the major auto importers. This shift in demand from large to smaller cars did not reverse itself later in the 1970s, and the foreign importers continued to gain market share. Detroit's efforts to produce competitive small cars were limited by its continuing expectation that large-car demand would soon resume. So only slowly did the domestic industry put its resources into small-car production, resulting in inadequate supply as well as inadequate concern for quality and performance. During this period, consumers discovered that similarly priced imports generally offered better performance and fewer problems than US-produced cars.
According to a recently-made study named Some Estimates for Major Automotive Producers, even GM, the most cost-efficient US producer averages close to $900 more per car than the least cost-efficient Japanese producer, Toyota.
Notice the single most important factor in Japanese competitiveness is not government subsidies(津贴) or a policy of "dumping" cars in the US market. Rather, it is labor cost. This difference of almost $2,000 per car favors the Japanese producers so strongly that all other comparisons virtually can be ignored.
When did customers begin to prefer smaller cars?
A. In the early 1970s.
B. In the late 1970s.
C. From1973 to 1994.
D. In 1994.
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Task 2
Directions: This task is the same as Task 1. The 5 questions or unfinished statements are numbered 41 through 45.
Investment in the public sector, such as electricity, irrigation, public services and transport (excluding vehicles, ships and planes) increased by about 10%, although the emphasis moved to the transport and away from the other sectors mentioned. Trade and services recorded a 16% to 17% investment growth, including a 30% increase in investment in business premises. Industrial investment is estimate to have risen by 8%. Although the share of agriculture in total gross investment in the economy continued to decline, investment grew by 9% in absolute terms, largely spurred on by a 23% expansion of investment in agricultural equipment. Housing construction had 12% more invested in it in 1964, not so much owing to increased demand, as to fears of new taxes and limitation of building.
Total consumption in real terms rose by close on 11% during 1964, and per capital personal consumption by under 7%, as in 1963 . The undesirable trend towards a rapid rise in consumption, evident in previous years, remained unaltered. Since at current prices consumption rose by 16% and disposable income by 13%, there was evidently a fall in the rate of saving in the private sector of the economy. Once again consumption patterns indicated a swift advance in the standard of living. Expenditure on food declined in significance, although consumption of fruit increased. Spending on furniture and household equipment, health, education and recreation continued to increase. The greatest proof of altered living standards was the rapid expansion of expenditure on transport (including private cars) and personal services of all kinds, which occurred during 1964. The progressive wealth of large sectors of the public was demonstrated by the changing composition of durable goods purchased. Saturation(饱和) point was rapidly being approached for items such as the first household radio, gas cookers, and electric refrigerators, whereas increasing purchases of automobiles and television sets Were registered.
The author thinks that the trend towards a rapid rise in consumption was "undesirable" because______.
A. people saved less
B. people were wealthy
C. people consumed less
D. expenditures on luxuries in creased
听力原文:Why does the man use the phone?
(17)
A. To book a table for lunch.
B. To book an air ticket.
C. To make an appointment.
D. To ask somebody for help.
听力原文:M: Let's see if the basketball game has started yet.
W: Started? It must be clear who is winning by now.
Q: What does the woman mean?
(5)
A. She is sure who is going to win.
B. Now it is a good time to start the game.
C. The game has been going on for a long time.
D. The same team always wins.
听力原文:Which one is true according to the conversation?
(12)
A. Jim often goes to the cinema.
B. Jim goes to the cinema once a week.
C. Jim doesn't like watching TV.
D. Jim seldom stays at home.