Part One Globa I and National Economic Situation/1
Unit One
Text A Another Bush, Another Jobless Recovery/3
Text B The Hard RoadAhead/14
Unit Two
Text A Finally, Some Good News/21
Text B Steaming/35
Unit Tree
Text A Too Much Money: Inflation Goes Global/42
Text B The New "New Economy" /55
Unit Four
Text A India's Economy Hits the Wall/66
Text B A Yawning Trade Gap Could Swallow the Recovery/79
Unit Five
Text A Can Europe's Recovery Last? /86
Text B Climb on, Honey: This Could Be Wild/98
Part Two World Trade/109
Unit One
Text A The Doha Squabble/111
Text B Drops on Parched Soil/128
Unit Two
Text A China and Europe/133
Text B The Folly of Slapping Quotas on China/149
Unit Three
Text A 2005's Global Trade Hot Spots/155
Text B Sparks Fly over Steel/171
Unit Four
Text A Slouching toward a Trade War? /177
Text B The GM Gamble /187
Unit Five
Text A Two Cheers for Free Trade/192
Text B Engaging the U.S. with Trade/207
Part Three Finance/215
Unit One
Text A Time to Go Up /217
Text B The Joy of Inflation/228
Unit Two
Text A Looking Up/232
Text B Still in Gear /245
Unit Three
Text A Searching for Plan B/251
Text B Drowning in Dollars/266
Unit Four
Text A Oceans Apart/273
Text B Super-euro/285
Part Four Management /291
Unit One
Text A Make Way for Madame Director/293
Text B Earnings Guidance: Silence Is Golden/307
Unit Two
Text A Finally, Coke Gets It Right /314
Text B The Live Wire in Indian High Tech/324
Unit Three
Text A Microsoft without Gates/334
Text B Gates without Microsoft/353
Unit Four
Text A Audi, Volvo, Acura ... Chrysler? /363
Text B Volkswagen Needs a Jump/376