The car was parked on the street in front of the bank. The bank(S4)agreed to accept the car as collateral for the loan. The bank's president and its officers all enjoyed good laugh at the woman for using a $250,000 Rolls- Royce as collateral (S5)against a $5,000 loan. An employee of the bank then(S6) proceeded to drive the rolls into the bank's underground garage and parked it there Two weeks later, the woman walked throuh the banks doors and asked to(S7) settle up her loan and get her car back. " (S8) That will be $5000 principal, and $20.30 interest.' the loan officer said The woman wrote out a check and started to walk Wait, Miss, the loan officer said, (S9)We're very happy to have had your business. and this transaction has worked out very nicely. but we are a little puzzled. While you were away, we checked you out and found that you are a multi-millionaire. What puzzles us is why you would bother to borrow $5,000 for only $20.30 and expect it to be there when e The woman replied: (S10) Where else in Manhattan can I park my car for two weeks Task3: Doha round Script Rich and poor nations struck an historic deal on Sunday to cut billions of dollars in farm subsidies, create more open industrial markets, and resume world trade talks that could boost global growth After five days of negotiations, the World Trade Organizations 147 member states formally agreed on a framework that lays down the guidelines for its Doha Round which has been in trouble since the collapse of talks almost a year ago in Cancun Mexico. Failure in the negotiations could have delayed further trade liberal ization for years After an all-night negotiation, key WTO members, includ ing the United States, the EU, Brazil, and Japan, on Saturday had agreed to the elimination of export subsidies at a date yet to be set, which has long been a key developing-country demand, to limit other subsid ies and to lower tariff barriers Rich nations welcomed the new deal, which commits them to a plan to cut back on the huge subsidies they spend on farmers and give developing nations better access to world markets. U.S. Trade Representative Robert Zoellick called the agreement a crucial step for global trade". He said,"Tonight, 147 economies have ensured that 2004 will go down as a productive year for the Doha trade negotiation. Theres a lot of work yet to be done but today s framework is a milestone a delegate from Mauritius, which has taken a leading part in the WTO talks on behalf of African nations, said the so-called Group of 90 developing countries could live with the text even if it did not get everything it wanted. The agreement makes it clear that the poorest countries will not be forced to contribute to market opening in any area. includ ing services3 The car was parked on the street in front of the bank. The bank (S4) agreed to accept the car as collateral for the loan. The bank’s president and its officers all enjoyed a good laugh at the woman for using a $250,000 Rolls-Royce as collateral (S5) against a $5,000 loan. An employee of the bank then (S6) proceeded to drive the Rolls into the bank’s underground garage and parked it there. Two weeks later, the woman walked throuh the bank’s doors and asked to (S7) settle up her loan and get her car back. “(S8) That will be $5,000 principal, and $20.30 in interest,” the loan officer said. The woman wrote out a check and started to walk away. “Wait, Miss,” the loan officer said, “(S9) We’re very happy to have had your business, and this transaction has worked out very nicely, but we are a little puzzled. While you were away, we checked you out and found that you are a multi-millionaire. What puzzles us is why you would bother to borrow $5,000.” The woman replied: “(S10) Where else in Manhattan can I park my car for two weeks for only $20.30 and expect it to be there when I return?” Task3: Doha Round Script Rich and poor nations struck an historic deal on Sunday to cut billions of dollars in farm subsidies, create more open industrial markets, and resume world trade talks that could boost global growth. After five days of negotiations, the World Trade Organization’s 147 member states formally agreed on a framework that lays down the guidelines for its Doha Round, which has been in trouble since the collapse of talks almost a year ago in Cancun, Mexico. Failure in the negotiations could have delayed further trade liberalization for years. After an all-night negotiation, key WTO members, including the United States, the EU, Brazil, and Japan, on Saturday had agreed to the elimination of export subsidies at a date yet to be set, which has long been a key developing-country demand, to limit other subsidies, and to lower tariff barriers. Rich nations welcomed the new deal, which commits them to a plan to cut back on the huge subsidies they spend on farmers and give developing nations better access to world markets. U.S. Trade Representative Robert Zoellick called the agreement a “crucial step for global trade”. He said, “Tonight, 147 economies have ensured that 2004 will go down as a productive year for the Doha trade negotiation. There ’s a lot of work yet to be done. But today’s framework is a milestone.” A delegate from Mauritius, which has taken a leading part in the WTO talks on behalf of African nations, said the so-called Group of 90 developing countries could live with the text even if it did not get everything it wanted. The agreement makes it clear that the poorest countries will not be forced to contribute to market opening in any area, including services