Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct word or phrase that best fits each of the numbered blanks The United States and China have (16)_______ a deal that allows the Chinese telecommunications giant ZTE to stay in business in exchange for paying an additional $1 billion in fines and agreeing to let US regulators monitor its operations. The fine comes (17)_______ Donald Trump stepped in to save the company after US regulators ...

Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct word or phrase that best fits each of the numbered blanks

The United States and China have (16)_______ a deal that allows the Chinese telecommunications giant ZTE to stay in business in exchange for paying an additional $1 billion in fines and agreeing to let US regulators monitor its operations. The fine comes (17)_______ Donald Trump stepped in to save the company after US regulators barred it from doing business in the US, an effective death blow for the company.

In addition to the fine, a compliance team chosen by the US will be embedded at ZTE and the Chinese company must change its board and executive team. “ZTE is essentially on (18)_______,” said Amanda DeBusk, chair of the international trade and government regulation practice at Dechert LLP and a former commerce official. “It’s unprecedented to have US agents as monitors … It’s (19)_______ a good precedent for this situation. ZTE is a repeat offender.”

The news did little to appease critics. Senator Mark Warner, vice-chairman of the Senate select committee on intelligence, said: “It is the unanimous conclusion of our nation’s intelligence community that ZTE poses a significant threat to our national security. These concerns aren’t new; back in 2012, the House permanent select committee on intelligence released a report (20)_______ the serious counterintelligence concerns associated with ZTE equipment.

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