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International ocean shipping constitutes a highly significant aspect of world economic and political relationships. The rapid growth in world trade and the emergence of new national entities in the last 30 years have further emphasized the role of international shipping. Because of the generally free environment in which it has operated, the industry is highly mobile and flexible—characteristics that, together with technological progress, have facilitated the rapid growth in world trade. In recent years, however, there have been several technological and institutional developments that are likely to have major efforts on the industry. One of the latter is the aggregation of conventions and practices known as the Law of the Sea, which has been discussed in the United Nations Conference on the Law of the Sea since 1958. The third UNCLOS began in 1974 and concluded when a treaty was issued on April 30, 1982. The treaty will enter in force when 60 nations have ratified it. How soon that will happen is, of course, not possible to say. What can be said is that a new legal structure governing the oceans appears to be evolving, with traditional principles giving way to new concepts. Since the environment in which an industry operates determines its structure and mode of operations, international shipping has been molded by the conventional principles governing the use of the oceans as highways and will be affected by shifts in the international climate and changes in the Law of Sea. Ocean shipping, as we know it today, has developed under the concepts of "freedom of the seas" and limited territorial waters with the rights of "innocent passage." Clearly, a new Law of the Sea derived from a reinterpretation of these concepts will significantly change the atmosphere in which the shipping industry operates and, accordingly, dictate revised policies and practices for both industry and public authorities. Minimally, ship operations must consider changes in the definitions of what constitutes the high seas. They must consider the corresponding changes in the jurisdiction of shipping lanes and coastal and open waters; compliance with rules for environmental protection; and vessel traffic controls in some areas. (355w) The most proper title for this passage is ______.
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Money is a key element in economic and business activities and has been the theme of many witty remarks. Benjamin Franklin once wrote, "Money makes money, and the money (61) makes, makes more money." To most of us, money is (62) but the currency of a country. But to some people, money is either the best friend or the worst demon. To (63) ,however, money is a subject for study and for something to be money, it must at (64) have the following characteristics: portability, divisibility, stability, durability and acceptability. (65) , nowadays, money has got a lot of (66) : credit cards, debit cards, access cards, IC cards, etc, but they are usually (67) plastic money or electronic money, because they are used like money. (68) a credit card, for example, you can buy books and ties, pay your restaurant bills and taxi fares. You can (69) make a small overdraft if you cannot make your (70) meet this month. "Don’t (71) home without it," American Express, one of the leading credit card issuers once (72) us. For many, (73) a reminder is no (74) necessary, because the plastic money is so safe and so convenient that many people (75) leave home without cash but never without a credit card. Part Ⅳ ClozeDirections: In this part, there is a passage with 15 blanks. For each blank there are 4 choices marked A, B, C and D. Choose the best answer for each blank and mark the corresponding letter with a single bar across the square brackets on your machine-scoring ANSWER SHEET.
She was slim and he liked her that way. So he called a lawyer. The result was a contract. According to the document, the fresh-faced bride agreed to pay a fine for each pound she gained in weight, the money refundable upon its loss. The paper signed, and the wedding went on. This is a prenuptial (婚前的)agreement—one more indication of the strange pass of marriage in this most transactional decade. You are welcome to marriage, contractual style, where increasingly detailed legal documents spell out everything from who’s going to do the dishes to who’s going to get the house when you split. This is family planning taken to extreme. Once employed solely by the rich, second-timers and the old industrialist carrying off the latest young cookie, the prenuptial agreement—a written pact between a couple outlining the financial obligations in the event of divorce—is becoming commonplace in a litigious (爱打官司的),disillusioned and materialistic age in which one in every two marriages is projected to end in divorce. The only question is: What about love When asked whether anyone believes in Cupid (爱神)anymore, Dr. Michael Vincent Miller says, "Given a century that is full of sexual liberation, computer-dating services and so on, one feels tempted to reply,’ only in a mood of desperate nostalgia (怀旧 )’. ""Pre-nups" (prenuptial agreements)do assume negativity. Founded on disillusionment, they cannot be separated from the high divorce rate in the United States. The result, argues Miller, is a kind of defending mentality. "We’ve gotten good at managing finiteness, failure and trouble with a sort of ’What’ s yours is yours and what’s mine is mine’s realism’. We’ve seen it isn’t all about love. We’ve seen there’s power politics in there—a fight for control, and when you’ve got those things, you’re halfway to lawyers and money." In other ways, however, the compacts embody positive, even idealistic thinking about marriage, love and relations, a law scholar Isabel Marcus believes. Marcus says , "Contracts could spell the end of romantic love as salvation. They say love exists, but that it’s best accompanied by good, hard thinking about equitability (平等). By writing a contract, the couple gains control of its marriage. "What’s good is it contributes to honesty; what’s unfortunate is the idea that any contract can govern your emotions," says the author of the book "The Nature of Love.\ What is the main idea of the passage
He has been at the helm (舵)of the Securities and Exchange Commission for only three months, but William Donaldson has given individual investors reason to believe that he will prove to be an effective champion of their interests as a vigilant regulator of the nation’s financial markets. The challenges ahead remain daunting, but Mr. Donaldson is steadily restoring the agency’s credibility in the wake of its disastrous stewardship by Harvey Pitt. The SEC. chairman passed his first big test by persuading William McDonough, the respected president of the New York Federal Reserve, to run the new accounting oversight board created by Congress last summer. He has also opened an important inquiry into trading practices at the New York Stock Exchange. The commission has issued rules to tighten corporate boards’ oversight over financial audits. Mr. Donaldson should now see that more is done to shore up shareholder democracy. A reassuring sign that there is a new sheriff(治安官)on Wall Street came in the aftermath of the recently announced landmark settlement with 10 brokerage(经纪人业务)firms over their tainted stock research. The SEC. chairman sternly rebuked Philip Purcell, the chief executive of Morgan Stanley, for trying to minimize the extent of his firm’s involvement in the scandals. Mr. Donaldson, a former Wall Street banker himself, wrote a letter to Mr. Purcell describing concern over his "troubling lack of contrition" , and reminding him that Morgan could face further legal problems if it denied the settled charges. Besides being unusual, Mr. Donaldson’s move was a powerful use of his office’s bully pulpit (讲坛). With all the talk about whether the SEC. has enough material resources to pursue corporate malfeasance—the agency’s budget is being increased significantly—it was easy in the Harvey Pitt era to forget that a strong SEC chairman can wield a great deal of moral authority. This is especially true given financial institutions absolute need to retain public trust. Mr. Donaldson should be ready to use his bully pulpit often. Wall Street is awash in a "troubling lack of contrition" for its past misdeeds. Which of the following will you choose as the title of the passage
In 1993, New York State ordered stores to charge a deposit on beverage (饮料) containers. Within a year, consumers had returned millions of aluminum cans and glass and plastic bottles. Plenty of companies were eager to accept the aluminum and glass as raw materials for new products, but because few could figure out what to do with the plastic, much of it wound up buried in landfills (垃圾填埋场). The problem was not limited to New York. Unfortunately, there were too few uses for second-hand plastic. Today, one out of five plastic soda bottles is recycled (回收利用) in the United States. The reason for the change is that now there are dozens of companies across the country buying discarded plastic soda bottles and turning them into fence posts, paint brushes, etc. As the New York experience shows, recycling involves more than simply separating valuable materials from the rest of the rubbish. A discard remains a discard until somebody figures out how to give it a second life -- and until economic arrangements exist to give that second life value. Without adequate markets to absorb materials collected for recycling, throwaways actually depress prices for used materials. Shrinking landfill space, and rising costs for burying and burning rubbish are forcing local governments to look more closely at recycling. In many areas, the East Coast especially, recycling is already the least expensive waste-management option. For every ton of waste recycled, a city avoids paying for its disposal, which, in parts of New York, amounts to savings of more than $100 per ton. Recycling also stimulates the local economy by creating jobs and trims the pollution control and energy costs of industries that make recycled products By giving them a more refined raw material. What regulation was issued by New York State concerning beverage containers
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