Instructions: Listen to the conversation by pressing the “Play Audio” button, and answer the questions based on the information given. Press the “Final Score” button to check your quiz.

Link audio : http://englishvn.net/upload/1/econ2.ram

1. Japan’s current economic crisis is the worst since:

A. World War II

B. the Korean War

C. the Gulf War
2. What occurred during the bubble years of Japan’s economy?

A. Money poured into the bullish stock market.

B. The value of the Japanese yen rose sharply.

C. Financial institutions invested overseas.

3. Why have many companies gone bankrupt in recent years?

A. inability to compete

B. sluggish sales

C. fewer exports

4. What is one measure the government has implemented to revitalize the economy?

A. streamlining the political bureaucracy

B. lowering the consumption tax

C. spending on the country’s social infrastructure

5. According to the speaker, what step will have the most impact on the recovery at this point?

A. decentralizing of the government

B. initiating a permanent tax cut

C. dealing with non-performing loans

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