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紧缩性的货币政策下，取得信贷较为困难，市场利率也随之下降。( )
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在牛市套利中，无论价格升降，关键需要不同交割月份的价差扩大才能盈利。( )
Questions 18-20 are based on the following monologue introducing log structure. You now have 20 seconds to read Questions 18-20. Why did the early settlers use log for building homes
Since the September 11 attack, US President George W. Bush has (21) himself as a superpower leader of hard resolve, tolerating no (22) to his goals-until he came up against Israel. (23) the past week he has faced a dramatic (24) to his international authority from the Jewish state. Israel is the chief US ally in the Middle East and (25) of the largest chunk of US foreign aid. Stung by (26) Israeli defiance, Bush on Monday urged Israeli Prime Minister Ariel Sharon publicly, (27) the third time, to withdraw his forces "without delay" (28) Palestinian areas. A bloody offensive has been (29) there for 11 days. He sent envoy Anthony Zinni to deliver the message personally as Secretary of State Colin Powell (30) a new US initiative to 0chieve an Israeli-Palestinian cease-fire. Israel Radio reported later on Monday that the army began pulling out of two West Bank cities within hours. (31) there was no (32) that a full withdrawal might follow. Some analysts (33) the standoff as an unprecedented and (34) damaging (35) between the United States and Israel, which annually receives US $3 billion in US aid. The US administration has sent enough (36) messages to suggest Bush may not be (37) rigid as his words appear. Until recently, Bush, conducting his war on terrorism around the world, had given. Sharon a (38) free hand to go after Palestinian militants following a wave of suicide bombings that killed scores of Israelis. Powell’s peace mission began in Morocco and will land him in Israel on Friday. Analysts say this will give Sharon time to finish his crackdown. Analysts said Bush could be sincere in wanting Israel to withdraw but was trying to have it both ways—continuing to give Israel some flexibility while (39) US credibility with Arabs by talking tough to Sharon. Powell’s mission got off to a frosty start on Monday, (40) , when Morocco’s King Mohammed asked him why be had not headed first to Jerusalem.
If sustainable competitive advantage depends on work force skills, American firms have a problem. Human resource management is not traditionally seen as central to the competitive survival of the firm in the United States. Skill acquisition is considered as an individual responsibility. Labor is simply another factor of production to be hired—rented at the lowest possible cost—much as one buys raw materials or equipment. The lack of importance attached to human resource management can be seen in the corporation hierarchy. In an American firm the chief financial officer is almost always second in command. The post of head of human resource managements is usually a specialized job, off at the edge of the corporate hierarchy. The executive who holds it is never consulted on major strategic decisions and has no chance to move up to Chief Executive Officer (CEO). By way of contrast, in Japan the head of human resource management is central—usually the second most important executive, after the CEO, in the firm’s hierarchy. While American firms often talk about the vast amounts spent on training their work forces, in fact they invest less in the skill of their employees than the Japanese or German firms do. The money they do invest is also more highly concentrated on professional and managerial employees. And the limited investments that are made in training workers are also much more narrowly focused on the specific skills necessary to do the next job rather than on the basic background skills that make it possible to absorb new technologies. As a result, problems emerge when new breakthrough technologies arrive. If American workers, for example, take much longer to learn how to operate new flexible manufacturing stations than workers in Germany (as they do), the effective cost of those stations is lower in Germany than it is in the United Stated. More time is required before equipment is up and running at capacity, and the need for extensive retraining generates costs and creates bottlenecks that limit the speed with which new equipment can be employed. The result is a slower pace of technological change. And in the end the skills of the bottom half of the population affect the wages of the top half. If the bottom half can’t effectively staff the processes that have to be operated, the management and professional jobs that go with these processes will disappear. According to the article, which of the following statement is true
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