John: I wonder how it can grow so fast Susan: The U.S. economy has been very good. Booming consumption has created Unities for Chinas exports Susan at the only one reason Chinas exports have increased? No other factors? John: China encourages exports. Exporters can get rebates from the customs department Susan: What's happening with Chinese imports? John: Well, China has met her commitments to the World Trade Organization since she joined two and half years ago. She has gradually been decreasing tariffs and strengthening intellectual property rights. She has opened her doors to the outside world wider. All these changes have led to an increase Imports Susan: You seem to be looking at China through rose-colored glasses John: China is not without her problems. Some of her state-owned industries have only a blunt competitive edge. They have a weak anti-risk capability. Some industries still depend on trade protectionism Susan: John, I really admire your wide knowledge. I think you 'll be in line for Nobel Prize in economics John: You re just pulling my leg MODEL3 I don't know what to say in the seminar Scrip Nora: Hey John, Professor Brown asked us to discuss the economic gap between the rich and poor nations. But I dont know what to say in the seminar. John: If you dont know anything, don't say anything Nora: But participation counts for 20 percent of the total grade. will you tell me what you re going to talk about? John: Will, according to a report by the World Economic Forum, the technology gap between rich and poor countries is closing Nora: Sounds too good to be true. Only a few years ago, I heard that the gap between the North and the South was widening. Many people in developing countries are still struggling below the poverty line. John: Different people may have different opinions on this issue. The World Bank also says the gap is narrowing Nora: Still, it sounds stange to me. How could it be possible now that the United States and other industrialized nations are developing IT so fast? John: But it's easier for others to copy new technology. Experts say the technological advantages of the developed countries are getting smaller Nora: Im still unconvinced. Does a narrower technology gap nessarily mean a narrower John: Today, information tecnology is the most powerfull engine for economic growth, so the5 John: I wonder how it can grow so fast. Susan: The U.S. economy has been very good. Booming consumption has created opportunities for China’s exports. Susan: Is that the only one reason China’s exports have increased? No other factors? John: China encourages exports. Exporters can get rebates from the customs department. Susan: What’s happening with Chinese imports? John: Well, China has met her commitments to the World Trade Organization since she joined two and half years ago. She has gradually been decreasing tariffs and strengthening intellectual property rights. She has opened her doors to the outside world wider. All these changes have led to an increase in her imports. Susan: You seem to be looking at China through rose-colored glasses. John: China is not without her problems. Some of her state-owned industries have only a blunt competitive edge. They have a weak anti-risk capability. Some industries still depend on trade protectionism. Susan: John, I really admire your wide knowledge. I think you’ll be in line for Nobel Prize in Economics some day. John: You’re just pulling my leg again. MODEL3 I don’t know what to say in the seminar. Script Nora: Hey John, Professor Brown asked us to discuss the economic gap between the rich and poor nations. But I don’t know what to say in the seminar. John: If you don’t know anything, don’t say anything. Nora: But participation counts for 20 percent of the total grade. Will you tell me what you’re going to talk about? John: Will, according to a report by the World Economic Forum, the technology gap between rich and poor countries is closing. Nora: Sounds too good to be true. Only a few years ago, I heard that the gap between the North and the South was widening. Many people in developing countries are still struggling below the poverty line. John: Different people may have different opinions on this issue. The World Bank also says the gap is narrowing. Nora: Still, it sounds stange to me. How could it be possible now that the United States and other industrialized nations are developing IT so fast? John: But it’s easier for others to copy new technology. Experts say the technological advantages of the developed countries are getting smaller. Nora: I’m still unconvinced. Does a narrower technology gap nessarily mean a narrower economic gap? John: Today, information tecnology is the most powerfull engine for economic growth, so the