A、Germany was the top exporting country last year. B、China was the top exporting country last year. C、The United States was the

The International Monetary Fund (IMF) has raised its prediction for world economic growth to 4.6% this year. That is a half-percentage point higher than the estimate in April. The IMF credited expansion in Asia and growing demand in the United States. (29)But its chief economist also warned that downside risks had risen sharply. President Obama talked this week about the importance of building exports as a way to create jobs and economic growth at home. (30)Mr. Obama relaunched the President’s Export Council. The group includes business and labor leaders who will advise on trade issues. Last week, the government reported that private employers added only 83000 jobs in June. Unemployment remains high even after six months of job growth. As the President points out, there are still five unemployed workers for each job opening. Export-related jobs, he said, paid 15% more than average. In 2008, American exports supported almost 7% of all jobs, including 1/3 of jobs in manufacturing. (31) China recently passed Germany to become the world’s top exporting country last year. The United States was third. Some American companies have been doing well in developing markets. For the first time, General Motors has announced higher sales in China, the world’s largest car market, than in the United States.
29. What did the IMF’s chief economist say about economy?
30. What does the President’s Export Council do according to the passage?
31. What can we learn about the world’s exporting country?