American students learn business skills in school. Here is a story about some American students who learnt business skills by operating their own banks. In December 1987, the Twiglet Bank was opened at an Elementary School in Miami, Florida. It is a real

Text 2 Economic refugees have traditionally lined up to get into America.lAtely,they have been lining up to leave.In the past few months,half a dozen biggish comparues have announced plans to merge with foreign partners and in the process move their corporate homes abroad.The motive is simple:corporate taxes are lower in Ireland,Britain and,for that matter,almost everywhere else than they are in America.In Washington,D.C.,policymakers have reacted wiLh indignation.Jack Lew,the treasury secretary,has quesLioned che companies'patriotism and called on Congress to outlaw such transactions.His fellow Democrats are eager to oblige,and some Republicans are willing to listen.The proposals are misguided.Tightening the rules on corporate"inversions",as these moves are called,does nothing to deal with the reason why so many firms want to leave:America has the rich world's most dysfunctional corporate-tax system.It needs fundamental reform,not new complications.America's corporate tax has two horrible flaws.The first is the tax rate,which at 35%is the lughest among the 34 mostly rich-country members of the OECD.Yet it raises less revenue than the OECD average ihanks to countless loopholes and tax breaks aimed at everything from machinery investment to NASCAR race tracks.Last year these breaks cost$150 billion in forgone revenue,more than half of what America collected in total corporate taxes.The second flaw is that America levies lax on a company's income no matter where in the world it is eamed.In contrast,every other large rich country taxes only income eamed within its borders.Here,too,America's system is absurdly ineffective at collecting money.Firms do not have to pay tax on foreign profits until Lhey bring them back home.Not surprisingly,many do not:American multinationals have some$2 trillion sittiry;on their foreign units'balance-sheets,and growing.All this imposes big costs on the economy.The high rate discourages investment and loopholes distort it,because decisions are driven by tax considerations rather than a project's economic merits.The tax rate companies actually pay varies wildly,depending on cheir type of business and the creativity of their lawyers:some pay close to zero,others the fuU 35%.But as other countries chopped their rates and America's stayed the same,the incentive to flee grew.A possible solution is to lower the corporate rate,eliminate tax breaks and move America from a worldwide system to a territonal one.
We can infer from Paragraph 4 that______

A.some tax reduction in America might be irrational
B.most rich countries in OECD have sound tax systems
C.America's corporate tax rale is the highesL in the world
D.American firms raise less revenue than other countries

Text 1 Foreign cashiers and carers are now a fact oflife in Japan,especially in urban areas.The number of foreign workers has risen fast recently,t0 1.3m-some 2%of the workforce.Although visas that allow foreigners to settle in Japan are in theory mainly for highly skilled workers,in practice those with fewer skills may be admitted as students or trainees or as immigrants of Japanese extraction.In June the govemment announced that it would create a"designated-skills"visa in order to bring in 500,000 new workers by 2025,in agriculture,construction,hotels,nursing and shipbuilding.Japan has historically been cautious of admitting foreigners.It is one of the rich world's most homogenous countries:just 2%of residents are foreigners,compared with 4%in South Korea and 16%in France.The reasons for this attitude range from fears that outsiders will bring crime and damage societal practices,to concerns that Japanese residents will not be able to communicate properly with them.But Japan's population is old and getting smaller.To fill shortages in the labour force caused by the shrinking working-age population,govemment policy has focused on getting more women and old people into work,and using artificial intelligence.It has become apparent though that this is not enough;and businesses also want foreigners to help them remain competitive and to become more global.Indeed pressure from business is a big reason behind the change of tack.Over the past 20 years the number of workers under 30 has shrunk by a quarter.Another result of the greying population is the creation of ever more jobs,most notably as carers,that few Japanese want to do at the wages on offer.There are 60%more job vacancies than there are people looking for work.Industries such as agriculture and construction,as well as nursing,are increasingly dependent on foreigners.More exposure to foreigners,through a boom in tourism,has reassured Japanese,especially the young,that they can get along with them,too.Attracting the foreign workers Japan needs will not necessarily be easy.Language is a big barrier.Japanese-language abilities are not necessary for highly skilled workers wanting visas,but only a handful of companies work in English.Lowlier workers,who must pass a Japanese exam,are currallowed to bring their families and will not be able to under the"designated-skills"visa.Firms in which promotion is based on seniority rather than merit and in which long hours are the norm will find it hard to attract workers,too.Japan also needs to do more to help integrate foreigners.By accepting,for the most part,a small number of highly skilled workers,Japan has been able to get away without any inteUation policy.But as the number ofimmigrants rises,and especially as more low-skilled workers are admitted,this omission threatens to bring about some of the very concems that prompted the govemment to restrict immigration in the first place,such as ghettoisation and poverty.
We can learn from the first paragraph that the"designated-skills"visa_____

A.is a promising vision of the govemment
B.is only for highly skilled workers
C.would solve shortages in work force
D.would be applied to some specific fields

Text 1 Foreign cashiers and carers are now a fact oflife in Japan,especially in urban areas.The number of foreign workers has risen fast recently,t0 1.3m-some 2%of the workforce.Although visas that allow foreigners to settle in Japan are in theory mainly for highly skilled workers,in practice those with fewer skills may be admitted as students or trainees or as immigrants of Japanese extraction.In June the govemment announced that it would create a"designated-skills"visa in order to bring in 500,000 new workers by 2025,in agriculture,construction,hotels,nursing and shipbuilding.Japan has historically been cautious of admitting foreigners.It is one of the rich world's most homogenous countries:just 2%of residents are foreigners,compared with 4%in South Korea and 16%in France.The reasons for this attitude range from fears that outsiders will bring crime and damage societal practices,to concerns that Japanese residents will not be able to communicate properly with them.But Japan's population is old and getting smaller.To fill shortages in the labour force caused by the shrinking working-age population,govemment policy has focused on getting more women and old people into work,and using artificial intelligence.It has become apparent though that this is not enough;and businesses also want foreigners to help them remain competitive and to become more global.Indeed pressure from business is a big reason behind the change of tack.Over the past 20 years the number of workers under 30 has shrunk by a quarter.Another result of the greying population is the creation of ever more jobs,most notably as carers,that few Japanese want to do at the wages on offer.There are 60%more job vacancies than there are people looking for work.Industries such as agriculture and construction,as well as nursing,are increasingly dependent on foreigners.More exposure to foreigners,through a boom in tourism,has reassured Japanese,especially the young,that they can get along with them,too.Attracting the foreign workers Japan needs will not necessarily be easy.Language is a big barrier.Japanese-language abilities are not necessary for highly skilled workers wanting visas,but only a handful of companies work in English.Lowlier workers,who must pass a Japanese exam,are currallowed to bring their families and will not be able to under the"designated-skills"visa.Firms in which promotion is based on seniority rather than merit and in which long hours are the norm will find it hard to attract workers,too.Japan also needs to do more to help integrate foreigners.By accepting,for the most part,a small number of highly skilled workers,Japan has been able to get away without any inteUation policy.But as the number ofimmigrants rises,and especially as more low-skilled workers are admitted,this omission threatens to bring about some of the very concems that prompted the govemment to restrict immigration in the first place,such as ghettoisation and poverty.
The most suitable title for the text may be_____

A.Requirements to Get the"Designated-skills"Visa
B.What Japan Have Done to Attract Work Forces
C.Why Japan Is Going to Accept More Foreign Workers
D.Problems Japan Faced While Attracting Foreigners