47. Conference on the Law of the Sea is hosted by ______.
A. the United Nations
B. the World Bank
C. the European Committee
D. the World Trade Organization
48. The 1982 treaty on Law of Sea will enter into force ______.
A. on April 30, 1982
B. in no time
C. after a certain number of countries have joined in it
D. when it has been accepted by most countries in the world
49. The author believes that ______.
A. the conventional principles emphasis the climate of the oceans
B. the conventional principles determine the structure of international shipping in the future
C. the conventional principles will be replaced by the new ones
D. the conventional principles are out of date now
50. The most proper title for this passage is ______.
A. The Changing Industry of International Shipping
B. The New Law of the Sea
C. International Shipping In Thirty Years
D. New Principles Governing International Shipping
Passage Five
Entrepreneurs are everybody’s darlings these days. They may be small, but they are innovative. And innovation, we are assured, is the main engine of economic growth.