核心英语unit第段.pptVIP

Give Globalization a Hand Paragraph 4 Group 4 For example, the slack in global demand created by the sluggishness in the European and Japanese economies during past years was more than compensated for by the rapid and vigorous globalization of China and other emerging economies.The new players have made world trade more dynamic and enlarged the pool of world savings available to nance the substantial current account deficits incurred by the U.S. in recellt years. Although of questionable sustainability and convenience in the medium and long term, these deficits have nevertheless helped