TEXT A Presiding, like
Eisenhower, over a period of relative peace and prosperity at the end of his
first term, President Reagan and Vice President George Bush overwhelmingly won
reelection in 1984, carrying 49 of 50 states in defeating the Democratic Party
ticket of Walter Mondale and Geraldine Ferraro. Economic trends
were by no means uniformly positive in the ’80s, however. By mid-decade, despite
robust economic growth, the United States was a nation deeply in debt.
Farmers were especially hard hit by depressed commodity prices and loss of
export markets, which left them unable to pay off the high-interest loans that
they had received in the 1970s, when crop and land prices were high. As a
result, the rural economies of many Midwestern farm states were severely
depressed. The farm crisis illustrated another fact about the
changing American economy: like most other nations, the United States was
increasingly tied to the global economy. Nowhere was this more apparent than in
international trade, where the nation registered an ominously large and growing
deficit (赤字). In one sense, the imbalance in import over exports marked
the success of an open postwar trading system, championed by
the U.S., that had progressively lowered tariff (关税) and other
trading barriers. American industry, long dominant in the world economy,
suddenly found itself in the unaccustomed position of competing for markets, at
home and abroad, in basic products such as grain and steel, as well as in
advanced technology fields such as electronics and computers. A strong U.S.
dollar, which only began to decline in value in the mid-1980s, also contributed
to making U.S. exports expensive abroad and imports relatively cheap at
home. A strong American dollar will in a sense affect U.S. international trade because ______.
A.the imbalance in imports over exports will be increased B.American commodities will be cheap C.basic products will get more markets D.the U. S. dominant position in the world will be strengthened