2、Recession is ( ) of negative GDP growth.

A、1 quarter

B、2 quarters

C、3 quarters

D、4 quarters

正确答案：D

3、The GFC Recession started in ( ).

A、the USA

B、the UK

C、Japan

D、France

正确答案：A

4、The cause of the GFC Recession in 2007 was ( ).

A、Stock bubble burst

B、Property bubble burst

C、Dotcom bubble burst

D、Asset price bubble burst

正确答案：B

5、China was not affected much by the GFC Recession.( )

正确答案：√

3.5A Hero and a Villain

1、The New York magzine called Bernie Madoff ( ).

A、Villain

B、Hero

C、Monster

D、Saviour

正确答案：C

2、Bernie Madoff's clients lost about ( ) billion dollars.

A、10

B、20

C、30

D、40

正确答案：A

3、Warren Buffett was born in a rich family.( )

正确答案：X

4.1Discovery of the 'New World'

1The main European power was Spain, France, ( ) and Great Britain.

A、Italy

B、Portugal

C、Russia

D、Germany

正确答案：B

2Christopher Columbus was the first person to cross the ( ) Ocean.

A、Pacific

B、Indian

C、Arctic

D、Atlantic

正确答案：D

3Christopher Columbus did 5 voyages between 1492 and 1503.( )

正确答案：×

4.2British Colonies

1、The first fight between local people and British soldiers was at ( ).

A、Washington D.C.

B、New York

C、Boston

D、Lexington and Concord

正确答案：D

2、John Adams, Roger Sherman, Robert Livingston, Thomas Jefferson and ( ) wrote The Declaration of Independence.

A、Benjamin Franklin

B、Abraham Lincoln

C、George Washington

D、Paul Revere

正确答案：A

3、The Britain founded ( ) colonies along the East Coast in America.

A、11

B、12

C、13

D、14

正确答案：C

4、The Declaration of Independence was made in 1775.( )

正确答案：X

5、British people migrated to America with the ship called Mayflower in 1620.( )

正确答案：√

4.3American War of Independence

1、In 1778, ( ) signed Treaty of Alliance with America.