商务英语阅读课后答案
商务英语阅读课后答案
Unit 12. Fill in each blank of the following sentences with one of the phrases in the list given below. Make changes when necessary.1) At a time whe n the n eed is grow ing for men tai health services, many coun tries are unfortunately cutting back on its spending.2) There is an in creas ing nu mber of people out of work. But the wester n media ofte n unfairly label them as lazy and reliable.3) Now that the flow of oil has been stopped by BP, thempact of all the spilled oil and n atural gas is still being measured.4) Once again its ability to steer economic policy will be tested against the ability todeliver on services and projects aimed at growing the economy and jobs.5) Hous ing prices are in credibly high today. But he bought his house for a song aboutfive years ago. 6) As people are complaining high prices, especially those related to daily n ecessities,the gover nment feels rather urge nt to hold down in flati on rate immediately.7) Under the new economy policy investors are invited to buy into state-owned enterprises.8) Since a serious gun shooting occurred in Arizona last week, security concerns havetrickled down to all places, in clud ing reside ntial build in gs.9) Social unrest is a daily occurrence in the country nowadays. It is in the last placewhen it comes to nv estme nt for mult in ati onal compa ni es. 10) Efforts to ban smoking in China are so effective yet. Some chain smokers never thinkof quitting while many others have battled in vain to quit. 3. Match the terms in column A with the definitions in column B: A) A reducti on in the gen eral availability of loans (or credit) or a sudde n tighte ning of the con diti ons required to obta in a loan from the banks 1 B) A non-bank entity or organization such as investment companies and mutual funds that inv ests in large qua ntities.§ C) A legal en tity created by a government to un dertakecommercial activities on its behalf.6 D) The trad ing of a corporation's stock or othersecurities (e.g. bonds or stock options) by in dividualswith pote ntial access to non-public in formatio n. 9E) An in dustry that requires large amounts of capital,mach inery and equipme nt to produce goods 5F) Gen erati on of new and creative approaches tosecurities, money man ageme nt or in vest ing lG) An economy that is expanding so rapidly that toomuch money is chas ingtoo few goods and 1) financial innovation2) stimulus package3) overheating 4) stamp tax 5) capital-inten sive sector 6) state-ru n firmecono mists fear a rise in in flati on 卫7) credit crisis H) tax levied on certa in legal tran sact ions such as thetran sfer of a property such as build ing, copyright, land,pate nt, and securities.8) in stituti onal inv estor I) A pla n or a series of measures take n by agover nment to jump-start its aili ng economy,gen erally as a part of its fiscal policy. _210) in sider tradi ng Unit 22. Fill in each blank of the following sentences with one of the phrases in the listgiven below:1) The search for the child was scaled back harply today, with almost a third of the volun2) into a recession by year s end.teers head ing home.The former Federal Reserve Chairman saysthere is a risk that the US could slip3) The CEO of the firm said that they would switch priority from traditionallabor- inten sive products to more hi-tech and value-added ones.4) In the aftermath of the financial crisis the group has put on hold some of itsambitious regi onal expa nsion pla ns.5) Toyota Motor Corp. is offering widespread job buyouts to its US workers for the first time and cutting the workweek at some of its American plants by 10% tocontend with falli ng sales.6) Eventually, it must morph into a system that functions on stability, or it will fail andcause an un stoppable breakdow n and widespread hardship.7) Unfortunately most of the central banks in the world today are still firmly underthe thumb of politicia ns.8) The stock market ' enduranee could depend heavily on whether economic andcorporate performa nee rema ins un certa in, or begi ns in dicati ng that the economy truly is out of the woods9) Survivors were encouraged to talk about their horrible experiencesto help them cometo terms with the flood disaster.10) Other coun tries—no tably Australia—have also avoided a bust in their hous ingmarkets, and have in stead see n prices in creas flatten out.3. Match the terms in column A with the explanations in column B:_______ A ______________ ______________________ B1) double-dip recession A) A physical substanee, such as foodgrains and metalswhich is interchangeablewith another product of the sametype, and which investors buy or sell, usually throughfuture con tracts Z2) credit rati ng B) A measure that exam in esthe weighted average ofprices of foodstuffs, ofte n used as an importa nt factor toassess the cost of liv ing93) austerity C) A gover nment policy of deficit-cutt in g, lower spe nding,and a reduct ion in the amount of ben efits and publicservices provided, sometimes coupled with in creases intaxesto pay backcreditors to reduce debt.34) private sector D) A central bank regulation that sets the minimumreserveseach commercial bank must hold to customerdeposits and no tes105) protective tariff E) The part of the economy that is not state con trolled,and is run by in dividuals and compa nies for profit. 46) beggar thy neighbor F) An expression in economics describing policy thatseeks ben efitsfor one country at the expe nse of others.Such policies attempt to remedy the economic problems inone country by means which tend to worse n the problemsof other coun tries67) commodity G) A published ranking based on detailed financialanalysis by a credit bureau, of one' financial history,specifically as it relates to one' ability to meet debt obligations. 28) sovereign-debt crisis H) A crisis in which a national government owes so muchdebt that it is unable to repay or on the edge of ban kruptcy89) food-price index I) A tariff which tries to ban imports to stop themcompeti ng with local products 510) reserve requirement J) A situation where economic growth slides back tonegative after a short-lived growth and the economy maymove into a deeper and Ion ger dow nturr!Unit 31. Fill in each blank of the following sentences with one of the phrases in the listgiven below. Make changes when necessary.1) Investors from big cities are quick to snap up real estatesin this booming town for theirrising future values.2) There are already clear signals that the investors will shift away from the finan cialfirm in legal trouble.3) High in put costs are likely to put pressure on steel prices in the domestic market even if dema nd still rema ins high.4) The prime minister said Thursday that a new international airport will be built in thesouther n city to cater to the rising nu mber of passe ngers and air cargoes there. 5) Many econo mists fear that the con tract ion of money supply may dry up financing needed for various econo mic activities.6) Professor Nil was, however, quick to warn the public to be on their guard against thosecoun terfeits alreadyi n circulation7) Academy Awards, Emmy Awards and doze ns of prestigious awards from prominentfilm festivals around the world attest to the stellar quality of the films being featured at the annual World Community Film Festival.8) A neighborhood group in the district plans to hold a fundraiser to help children pay offoverdue book fines so that they can resume using their library9) The writer 'fame shrank last year becausethe public thought he was knockingout so many thi ngs.10) Bus in ess leaders have urged the gover nment to snap up farmla nd overseas togrow basic staples as a buffer aga inst soari ng food prices.11) T he Vancouver team vowed to get back to doing the little things right and knew itwould add up to big things.12) What has happenedover the past few years indicates that great political, socialand econo mic tran sformatio ns are n the making.2. Match the terms in column A with the definitions in column B.A B1) emergi ng market2) profit marg in3) con sumer spe nding4) con sumerism5) disposable in come6) optio n7) econo mic restructuri ng8) turnaround9) curre nt acco unt10) economic model A) A con tract that permits the owner, depe nding on the type of optio n held, to purchase or sell an asset at a fixed price un til a specific dateB) A theoretical con struct that represe nts econo mic processes by a set of variables and a set of logical and qua ntitative relati on ships betwee n then10 C) An economy with fast growth rate but low to middle per capita in come, has ope ned up its market and integrated itself into the global economy;!D) The process of movi ng from a period of losses or low profitability into a more profitable stage for a firm, in dustry or economy.8E) Ratio of profit after taxes to cost-of-sales, ofte n expressed as a perce ntage, measuri ng the profitability of a firm and in dicat ing its cost structure2F) P ortion of the bala nee of payme nts con sisti ng of exports and imports of goods and services, as well as tran sfer payme nts such as foreig n aid gran ts. 9G) The amount of money spe nt by households,measured mon thly, making up an importa nt part of an economy^H) The phe nomenon of an economy shifti ng from amanufacturing to a service sector economic base.7I) A moveme nt equati ng pers onal happ in esswith purchas ing material possessi ons andconsumption. 4J) The amount of in come left to an in dividual after taxes have bee n paid, available for spe nding and sav ing_5Unit 42. Fill in each blank of the following sentences with one of the phrases in the listgiven below. Make changes when necessary.1) China will adhere to the prin ciple of develop ing high tech no logy and realiz ingindustrialization to step up the commercialization, industrialization and intern atio nalizatio n of scie ntific and tech no logical achieveme nts.2) In the recent crisis no banks could manageto bail out the companies in financial pressure.3) In terms of the in formatio n from the Uni verse he is apathetic and sometimes irritable, he is like an ostrich sticking hisheadin sand4) It will be up to the board to decide if the CEO should be removed.5) All our hopes rest upon the arrival of the shipme nt.6) The plan has already been worked out , and could be put into operation at a mome nt's no tice.7) The whole machinery of civilization will break down if this doctrine wins in the war.8) His remarks hit home whe n he said that we did n ot work eno ugh.9) Some analysts suspected that Toyo taad pulled strings to stifle probes into its auto quality problems. 10) Mercy is reaching out to those who have no thi ng to give back to you.3. Match the terms in column A with the explanations in column B:A ___________________B ________________________________________ 1)free market 2) coalition government 3) dem on stratio n effects 4) health in sura nee 5) n ati onal in terest 6) pension schemeA) Effects on the behavior of in dividuals caused byobservati on of the actions of others and theirconsequences.B) An economic turmoil where companies go bankrupt, people are laid off, and markets aresluggish. There is a lot of panic in both bus iness and daily lives 9C) A market in which there is no economicinterventionby the state except to enforce privatecon tracts and the own ership of property. 1D) A qualified retirement plan set upby a corporation, labor union, gover nment or other orga ni zation for its employees 6E) A form of collectivism by means of which peoplecollectively pool their risk, in this case the risk ofin curri ng medical expe nses4 F) The ability to obtain what one wants through economic or cultural means. It allows nations toexert their in flue nee without using militarymeans or coerci on 8G) A fight or con ten tio n for territory, power,con trol, or resources betwee n tow more partiesin a place or area.7H) Things of great importa nee to a n ati on,including its goals, visions and ambitions in political, economic,cultural fields, etc. and acti ons, circumsta nces, and decisi onstoachieve them. 5I) A cabinet of a parliamentary governmentin whichseveralparties cooperate.2Unit 72. Fill in each blank of the following sentences with one of the phrases in the listgiven below:1) With his expanding wireless broadband plan, Obama wants to usher every Americaninto the 'Digital Age'.2) School activities start winding down about two weeks before the end of semester.3) The man said he couldn't come up with an appropriate answer just at the time.4) Everybody is sure that the ceaseless dripping owater will in the end hollow out astone.5) The progressive movement, which had already brought important changes in federalpolicies, stood on the verge of culmi natio n and fulfillme nt6) The state has suffered so much loss. The smugglers should n ever be allowed to getoff easy.7) After product ion expa nsion, this compa ny now can turn out a millio n televisi onsets a mon th.8) The preeminent writer's personal appearanee picked up the sales of the book considerably9) The n ewly announ ced credit policy may help many family-ow ned bus in esses getthrough the tough times at prese nt..10) The gover nment has imposed drastic econo mic con trols tohoke off in flati on.11) To execute full-cost acco un ti ng, compa nies mus a ccount for the true cost of theirproducts.12) Econo mists are not so optimistic becausethere is no sig n that the recessi on hasbottomed out3. Match the terms in column A with the explanations in column B:A B1 ) bon dholder a) A measure of a compa ny's finan cial health,whichequals cash receipts minus cash payme nts overa give n period of time. 62 ) creditor b) A finan cial assetwhose value has falle n sig nifica ntly and which fails gen erate cashflow and isworth much less tha n expected?3 ) dealership c) An en tity (pers on or in stituti on) that exte nds credit bygiving ano ther en tity permissi on to7) turf war8) soft power9) econo mic crunchborrow money if it is paid back at a later date 2d) A unit specially orga ni zed to work on a sin gledefi ned task 10e) A bus in ess compa ny that is owned or con trolled by ano ther larger compa ny 9f) A pers on owning a bond or bonds issued b a gover nment or a public compa ny 1g) Money used for the preservati on of men tal and physical health by preve nti ng or treat ing ill nessthrough services offered by the health professi on4h) Volume of products or services that can be gen erated by a product ion pla nt or en terprise in agive n period by using curre nt resources 5i) A bus in ess established or operated un der an authorizati on to sell or distribute a compa ny goods orservice in a particular are 3j) Products that are extremely populous among consumers and no rmally sell like hot cakes in themarket.8Unit 81. Fill in each blank of the following sentences with one of the phrases in the listgiven below. Make changes when necessary.1) When the starlet was asked abouther new boyfriend, she couldn ' help but gushabout him and their intimate plans for Valentine ' s.Day2) The leaking of as many as 251,000 StateDepartment documents,including secret embassy reportsfrom around the world, is nothing short of a political meltdown for US foreign policy. 3) With very critical views on the government economic policies, she often pals aroundwith those scholars who also take rather radical stanee on economic issues.4) It is high time for every one in the departme nt tokick into full geara nd fulfill our salesquota by the end of the year.5) The mother did whatever possible to prevent her son from hanging out with the guywho she thought was up to no thi ng good.6) Obama svictory in the election was viewed by many as progress in the United States. But I thi nk his eth ni city is beside the point7) The neighbors said what happenedwas totally out of character for the woman theyknew as quiet and frie ndly8) Unfortunately, the firm has not been able to pare ) production cost to the level thatmatches its competitors in the market.9) On the back of strong corporate earnings reports from a number of firms last week,coupled with the improvi ng un employme nt rate, i nv estor sen time nt was bolstered 4) health-care expe nses 5) manu facturi ng capacity 6) net cash flow 7) bad asset 8) hot products 9) subsidiary# 10) task forceon the first trad ing day of the week.10) T he team is expected to take a vote toni ght that coulc feet in motion a new pla n torevitalize the finan cial market.11) It was a long time before our bus in ess part ners could catch on to what we reallyinten ded.12) A s a shrewd man, he successfully pounced at the opport unity last year to becomethe marketi ng man ager.2. Match the terms in column A with the definitions in column B:A B1) market share2) cash drain3) shareholder wealth4) net worth5) man ageme nt team6) brain trust7) bala nee sheet8) capta ins of in dustry9) Ven ture capitalist10) product cycle A) A group of advisors, origi nally to a political can didate,for their expertise in particular fields, but now to anydecision makers, whether or not in politics. 6B) The rate of new product developme nt, whichis getting faster with more severe competitionand faster tech no logical adva nceme nt10C) Perce ntage or proporti on of the totalavailable market or market segment that aproduct or compa ny takes.1D) A group of executives employed to man age aproject, departme nt, or compa ny with theirparticular expertise or skills. 5E) A pers on, project, bus in ess or compa ny thatcon ti nues to con sume large amounts of cashwith no end in sight. 2F) A pers on or firm that inv ests in a bus in ess venture, providi ng capital for start-up orexpa nsion, and expect ing a higher rate of retur n than that for traditional investments.9G) The wealth shareholders get to accrue from theirownership of shares in a firm, which can bein creased by rais ing either share prices or divide nd payme nts.3H) A finan cial stateme nt that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. 7I) Total assets minus total liabilities, an important determinant of the value of a compa nyprimarily composed of all the money that has bee n inv ested and the retained earnings for the duration of its operation.4L) A bus in ess leader who is especially successful and powerful and whose means of amass ing apers onal fortune con tributes substa ntially to the country in some way 8。
商务英语阅读教程1第二版叶兴国课后答案
商务英语阅读教程1第二版叶兴国课后答案1、We moved to the front row_____we could hear and see better. [单选题] *A. so asB. so that(正确答案)C. becauseD. such that2、If you want to _______, you’d better eat more healthy food and do more exercise. [单选题] *A. keep fatB. keep calmC. keep healthy(正确答案)D. keep on3、The teacher asked him to practice playing the piano _______. [单选题] *A. often as possibleB. as often possibleC. as possible oftenD. as often as possible(正确答案)4、--Jenny, what’s your favorite _______?--I like potatoes best. [单选题] *A. fruitB. vegetable(正确答案)C. drinkD. meat5、She often _______ at 21: [单选题] *A. go to bedB. gets upC. goes to bed(正确答案)D. gets to6、____ China is ____ old country with ____ long history. [单选题] *A. /, an, a(正确答案)B. The, an, aC. /, an, /D. /, the, a7、The book is very _______. I’ve read it twice. [单选题] *A. interestB. interestedC. interesting(正确答案)D. interests8、It _____ us a lot of time to do this job. [单选题] *A. spentB. madeC. took(正确答案)D. cost9、What’s your _______ for the coming new year? [单选题] *A. playB. plantC. plan(正确答案)D. plans10、We have ______ homework today. （）[单选题] *A. too manyB. too much(正确答案)C. much tooD. very much11、If you had told me earlier, I _____ to meet you at the hotel. [单选题] *A. had comeB. will have comeC. would comeD. would have come(正确答案)12、No writer will be considered（）of the name until he writes a work. [单选题] *A. worthlessB. worthy(正确答案)C. worthwhileD. worth13、Sorry, I can't accept your invitation. [单选题] *A. 礼物B. 观点C. 邀请(正确答案)D. 好意14、He has grown rich lately. [单选题] *A. 后来B. 以后C. 终于D. 最近(正确答案)15、6．Hi, boys and girls. How are you ________ your posters for the coming English Festival at school? [单选题] *A．getting onB．getting offC．getting with (正确答案)D．getting16、Jeanne's necklace was _____ 500 francs at most. [单选题] *A. worthyB. costC. worth(正确答案)D. valuable17、We have made a _______ tour plan to Sydney. [单选题] *A. two dayB. two daysC. two-day(正确答案)D. two-days18、22．Will there ________ any schools in the future? [单选题] * A．isB．areC．amD．be(正确答案)19、I?have to?_______ my younger brother on Sunday. [单选题] *A. look after(正确答案)B. look upC. take careD. look out20、( ). I’m _____ in that ______ film [单选题] *A. interesting interestedB. interested interesting(正确答案)C. interested interestedD. interesting interesting21、It is my _______ to meet you here. [单选题] *A. pleasure(正确答案)B. pleaseC. pleasedD. pleasant22、The house is well decorated _____ the disarrangement of a few photos. [单选题] *A. exceptB. besidesC. except for(正确答案)D. in addition to23、She _______ be here. [单选题] *A. is gladB. is so glad to(正确答案)C. am gladD. is to24、The little girl held _____ in her hand. [单选题] *A. five breadsB. five piece of breadsC. five piece of breadD. five pieces of bread(正确答案)25、How _______ Grace grows! She’s almost as tall as her mother now. [单选题] *A. cuteB. strongC. fast(正确答案)D. clever26、Alice hopes to _______ more friends at her new school. [单选题] *A. visitB. make(正确答案)C. missD. take27、John is quite _______. He likes to attend activities in?his spare time. [单选题] *A. active(正确答案)B. quietC. lazyD. honest28、Your homework must_______ tomorrow. [单选题] *A. hand inB. is handed inC. hands inD. be handed in(正确答案)29、My camera is lost. I am ______ it everywhere.（）[单选题] *A. looking atB. looking for(正确答案)C. looking overD. looking after30、I paint a lot of pictures. [单选题] *A. 评论B. 注意C. 悬挂D. 画(正确答案)。
商务英语阅读(第二版)-王关富-Unit4The-Incredible-Shrinking-Europe-课后答案
Unit 4The Incredible Shrinking EuropeExercises1. Answers to the questions on the text:1) What was the dream that the Europhiles were familiar with?Their dream was to make E.U. a newly emboldened world power stepping up to calm trouble spots, using aid and persuasion where it could, but prepared to send in troops when it had to.2) Why does the passage say that Europe is a remarkably good place to live? Because Europe is more stable, safe, green and culturally diverse than most parts of the world and a quality life can be guaranteed in E.U. states.3) Does the good life at home make Europe strong abroad ? Why?No, a good life at home doesn’t mean a strong Europe abroad. Because the E.U. may have all the soft-power credentials in the world, but on the grand stage it has lacked the weight and influence of others on some big issues.4) What do Critics think of the selection of Herman Van Rompuy and Catherine Ashton as Europe's President and Foreign Minister?They consider the selection as symbolic of a lack of vision and it means the grouping will have to reconcile itself to five years of underperformance.5) What can be listed as E.U.’s achievements in the years around 1980s according to the passage?By extending an area of peace and liberal government to the east, the E.U. has done much to calm a part of the world that not long ago was the cockpit for murderous rivalries.6) In what way can Europe realize its own dreams and those of others according to the passage?It has to act as a true single bloc and win others to its side.7) Why does the German government face enormous domestic challenges in admitting its forces in Afghanistan are there to fight, not to be humanitarian workers in uniform ?Because one of modern Europe's most cherished convictions is that the force of arms rarely settles political disputes for long and European public opinion in the 20th century seems unwilling to commit to the war in Afghanistan for the long haul.8) What roles did Germany play in Europe in the 20th century?For the last half of the 20th century, Germany was at the heart of the European experiment. But since the end of the Cold War, it has stepped back from the E.U. and begun strengthening ties with Russia.9 What are the advantages for E.U. to be chosen as the White House’s partner?The advantages are that Europe is rich and democratic, and its values are closer to those of the U.S. than those of anywhere else.2. Fill in each blank of the following sentences with one of the phrases in the list given below. Make changes when necessary.1) China will adhere to the principle of developing high technology and realizingindustrialization to step up the commercialization, industrialization and internationalization of scientific and technological achievements.2) In the recent crisis no banks could manage to bail out the companies in financial pressure.3) In terms of the information from the Universe he is apathetic and sometimes irritable, he is like an ostrich sticking his head in sand.4) It will be up to the board to decide if the CEO should be removed.5) All our hopes rest upon the arrival of the shipment.6) The plan has already been worked out, and could be put into operation at a moment's notice.7) The whole machinery of civilization will break down if this doctrine wins in the war.8) His remarks hit home when he said that we did not work enough.9) Some analysts suspected that Toyota had pulled strings to stifle probes into its auto quality problems.10) Mercy is reaching out to those who have nothing to give back to you.3. Match the terms in column A with the explanations in column B:A ____________________ B_____________________________________1)free market A) Effects on the behavior of individuals causedby observation of the actions of others and theirconsequences. 32) coalition government B) An economic turmoil where companies gobankrupt, people are laid off, and markets aresluggish. There is a lot of panic in bothbusiness and daily lives.93) demonstration effects C) A market in which there is no economicinterventionby the state, except to enforceprivate contracts and the ownership of property.14) health insurance D) A qualified retirement plan set up by acorporation, labor union, government, or otherorganization for its employees. 6E) A form of collectivism by means of whichpeople collectively pool their risk, in this casethe risk of incurring medical expenses. 45) national interest F) The ability to obtain what one wants througheconomic or cultural means. It allows nations toexert their influence without using militarymeans or coercion. 86) pension scheme G) A fight or contention for territory, power,control, or resources between tow more partiesin a place or area.. 77) turf war H) Things of great importance to a nation,including its goals, visions and ambitions inpolitical, economic, cultural fields, etc. andactions, circumstances, and decisions to achievethem. 58) soft power I) A cabinet of a parliamentary government inwhich several parties cooperate. 29) economic crunch4. Translate the following into Chinese.有什么能让欧洲振奋起来吗？当然：如果欧洲领导人能像20年前那样抓住时机，欧盟就将繁荣昌盛。
商务英语阅读课后答案
商务英语阅读课后答案【篇一：商务英语阅读教程3答案u2】t a.ii. choose the best answer from the following.1. c2. d3. a4. a5. aiii. translate the following into chinese.1. 随着金砖四国（巴西、俄罗斯、印度和中国）以及其他新兴市场的经济影响力和自信不断增强，发展重点的这种差异一定会变得越来越重要。
2. 非政府组织试图提高贫困人民的生活水平，公司则渴望赢得具有巨大增长潜力的市场中的消费者，非政府组织和公司之间存在着利益趋同现象。
3. 要签署加入《联合国企业家良心组织》，公司只需承诺履行十大主要准则，例如提高环保的责任意识，反对腐败，并且每年汇报一次他们所取得的进展。
text bii. decide whether the following statements are true or false according to the text.1. f2. t3. t4. t5. fiii. translate the following into chinese.1. 在为数不多的几个出类拔萃堪称日本企业典范的跨国公司中,索尼这个品牌一直是个引领者，过去，从单枪三束彩色电视机到随身听，索尼代表了电子消费品的优良品质，但如今，索尼这一品牌正随着过去成功势头的消退而日渐衰弱。
2. 出井伸之提前一年离职的决定表明公司可能比预想的还要糟糕，而他定下的2007年利润恢复至10％的目标更是遥不可及。
3. 年复一年，扩张酿成了行动缓慢的大型化趋向，并且索尼公司也就成了日本企业界停滞不前的案例。
fast reading practice1. a2. c3. c4. d5. b【篇二：商务英语阅读(第二版)+大学英语翻译教程(第三版)答案】class=txt>unit 1why china worksexercises1. answer the questions on the text:1) how does the author view the chinese economy?it is the most important bright spot in the world economy under the global recession, the only major economy that is likely to show significant growth this year, and the only one that routinely breaks every rule in the economic textbook.2) according to the author, why can the chinese economy perform so well?because of:(1) the capacity for state control by the chinese government.(2) its rejection of exotic financial innovations that are the melting core of the global credit crisis.(3) the integration of its economic policies between traditional market tools and state control measures.3) in what way does the author imply that western economists are erroneous in their bias toward “china’s market economic system”?the united states and europe are moving toward state control by nationalizing their banking and car industries, and imposing heavy new regulation on the financial industry.4) what is the view of stephen roach on the chinese economy system?investment is the backbone of sustainable growth in the chinese economy, which works more effectively than other market based systems in times of economic stress.5) why can china work in the eye of the author?6) what is regarded as the strategic thinking of the chinese leaders in market reforms?they understand even under the serious financial crisis that it can stabilize the chinese market and economy to introduce more sophisticated forms of securitization, including stock index funds, corporate and other debt products. they also realize that, in the course of doing this, they should learn from the mistakes the westerners have made.7) what is the example given to illustrate the steadiness of the chinese leaders in their policy execution?they continue to allow the value of yuan to rise despite of the american charges and the need for export competitiveness by their own enterprises.8) what is “shock therapy”?it is the economic policy adopted in russia from 1991 to 1992 that totally deregulated prices and lead to a runaway inflation. it proved to be all shock and no therapy.9) in what ways does the chinese economic system work efficiently?economic growth and prosperity.11) what are the internet and public opinion used for?for putting pressure on local officials and influencing policy decisions.2. fill in each blank of the following sentences with one of the phrases in the list given below. make changes when necessary.1) at a time when the need is growing for mental health services, many countries are unfortunately spending.2) there is an increasing number of people out of work. but the western media often unfairly them reliable.3) the flow of oil has been stopped by bp, the impact of all the spilled oil and natural gas is still beingmeasured.4) once again its ability to steer economic policy will be tested against the ability to services and projectsaimed at growing the economy and jobs.5) housing prices are incredibly high today. but he bought his house about five years ago.6) as people are complaining high prices, especially those related to daily necessities, the government feels rather urgent to inflation rate immediately.7) under the new economy policy investors are invited to 8) since a serious gun shooting occurred in arizona last week, security concerns all places,including residential buildings.9) social uest is a daily occurrence in the country nowadays. it is in the last place multinational companies.10) efforts to ban smoking in china are so effective yet. some chain smokers never think of quitting while many othershave battled to quit.3. match the terms in column a with the definitions in column b:a_______________________b__________________________________1) financial innovation a) a reduction in the general availability of loans (orcredit) or a sudden tightening of the conditionsrequired to obtain a loan from the banks.2) stimulus package b) a non-bank entity or organization such asinvestment companies and mutual funds thatinvests in large quantities. 3) overheatingc)a legal entity created by a government to undertakecommercial activities on its behalf.4) stamp taxd) the trading of a corporations stock or othersecurities (e.g. bonds or stock options) byindividuals with potential access to non-publicinformation.e) an industry that requires large amounts of capital, machinery and equipment toproduce goods.5) capital-intensive sector f) generation of new and creative approaches tosecurities, money management or investing. 6) state-run firm g) an economy that is expanding so rapidly that toomuch money is chasing too few goods andeconomists fear a rise in inflation .7) credit crisis h) tax levied on certain legal transactions such as thetransfer of a property such as building, copyright,land, patent, and securities. 8) institutional investori) a plan or a series of measures taken by agovernment to jump-start its ailing economy,generally as a part of its fiscal policy.10) insider trading4. translate the following passage into chinese.我们所面临的来自中国的真正挑战并不是他们向我们大量销售的货物，而恰恰相反，是他们正在提升的价值链。
商务英语阅读1答案
Business EnglishExtensive Reading (1)商务英语阅读（1）Ⅰ. Reading ComprehensionPart One : Directions: Choose the correct answers according to the information given from the passeges. Read the passages through carefully before making your choices. Please mark the corresponding leter for each item on Answer Sheet.Passage One: Questions 1 to 5 are based on the following passage．The popularity in North America is Iceberg Water, a leading brand of bottled water, which is harvested from icebergs off the coast of Newfoundland, Canada．Arthur Wiesenberger, who carries the title Water Master, is one of the few water critics in North America．As a boy，he spent time in the larger cities of Italy，France and Switzerland, where bottled water is consumed daily．Even then，he kept a water journal，writing down the brands he liked best．“My dog could tell the difference between bottled and tap water,”he says．But is plain tap water a11 that bad? Not at a11．In fact, New York’s municipal water for more than 100 years was recently considered among the best in the world in terms of both taste and purity．Similarly，a magazine in England found that tap water tasted better than several leading brands of bottled water．Nevertheless，soft-drink companies view bottled water as the next battle-ground for market share．As diners thirst for leading brands, soft-drink companies and restaurants salivate(垂涎)over the profits．A restaurant’s typical mark-up on wine is 100 to 150 percent, whereas on bottled water it's often 300 to 500 percent．As a result some restaurants are selling bottled water．According to an article in The Wall Street Journal, some of the more shameless tactics include placing attractive bottles on the table for a visual sell，listing brands on the menu without prices，and pouring bottled water without even asking the diners if they want itRegardless of how it's sold，the popularity of bottled water bring us better health and purity. 注意：此部分试题请在答题卡上作答。
商务英语阅读习题及答案一.doc
商务英语阅读习题及答案⼀.docII) Match each one on the left with its correct meaning on the right1. motivation2. pursue3. mark up4. procurement5. intangible6. cargoroyalty商务英语阅读习题（⼀）I) Comprehension1. What is international trade?2. What are the major motivations for private firm to operate international business?3. What measures do most companies usually adopt to avoid wild swings in the sales and profits?4. Pleas give the four major modes chosen by most companies when entering into international trade.5. Could you find any difference between Direct Investment and Portfolio Investment? If you can, please tell the main reasons.6. What is MNE? What are its synonyms?7. What limits a firm's sales?A. tomake continual efforts to gain sth. B. the action of obtaining, esp. by efforts of carefulattention. C. which by is its nature can not be known by senses, not clear and certain, not real. D. the goods (freight) carried by a ship, plane or vehicle.E. the amount by which a price is raised.F. profit, interest-G. the net value of assets or interest, invest.8. equity 股本，资产净值 H. not needing other things or people, taking decisions alone.9. yield I. a share of the profits.10. independent J. need or purpose.2. A3.E4.B5. C6.D7.18.G9.F 10.HHI) Fill in the blanks with the words or expressions given below and if necessary, put the word in the right form.A. orientationB. diversifyC. seek outD. differentiate...fromE. take advantage ofF. undergoG. bring aboutH. correspond L abandon J. amount to K. Come after L. approach1. That factory is trying to B its products to sell in different markets.2. A successful businessman is always skilled in E every possible opportunity.3. Reforming and opening to the world has G great changes in our lives.4. Can you D this kind of operating the others?5. Private firm going in for international business have a profit A6. He I his company and family and went away with all the money.7. The L of winter brings cold weather.8. The manager's words J a refusal to the proposal./doc/045460db492fb4daa58da0116c175f0e7dd11956.html pany is always C the best way to gain more while cost less.10.The city has F many changes during the last ten years.11.Direct investment usually K a firm has experience in exporting or importing.12.There goods don't H to the list of these I ordered.IV)Translate the following terms and phrases into Chinese;1.purchasing power lO.recovery2.sales potentials 11, recession3.mark-up 13. portfolio investment4.domestic markets 12. tangible goods5.finished goods 13. visible exports and imports6.profit margin 14. revenue and expenditure7.market share 15- excess capacity8.trade discrimination9.business cycles 16. licencing agreementsV)Translate the following sentences into Chinese;If the exporting market price exceeds the one at the importing country, a dumping margin exists on that particular sale. Then Under Article VI of GATT( General Agreement on Tariffs and Trade) 1994, and the Anti-Dumping Agreement, WTO Members can impose anti-dumping measures, if, after investigation in accordance with the Agreement, a determination is made (a) that dumping is occurring, (b) that the domestic industry producing the like product in the importing country is suffering material injury, and (c) that there is a causal link between the two. Typically anti-dumping action means charging extra import duty on the particular product from the particular exporting country in order to bring its price closer to the “normal value" or to remove the injury to domestic industry in the importing country.VI)Translate the following sentences into English;1.国际贸易有助于所有的国家促进经济的发展。
商务英语阅读课后习题答案-chapter
Chapter 1二、短语翻译。
英翻汉Sluggish economy 萧条的经济Full employment 充分就业Trade deficit 贸易赤字in-depth analysis 深入的分析Industrialized countries 工业化free-trade agreement 自由贸易协定international specialization国际专业化product differentiation 产品差别trade surplus 贸易盈余determinative factor 决定性因素三、汉翻英经济双赢economic win-win 关税壁垒tariff barrier收入不平等wage inequality 劳动生产率labor productivity解雇工人lay off works 生产要素factor of production双边协议bilateral deal 回归分析regression analysis市场准入market access 世界经济复world economic recovery四. Translation1. The monitoring system will finally substitute the US Government’s cap on cigar imports from Cuba.2. The quarrel between Mexico and the US will be no avail and it may disrupt the lifting of the agricultural tariffs under the North American Free Trade Agreement.3. An economic cooperation business forum, which will discusshow to minimize the negative impact of global economic imbalance adjustment on China, will take place shortly before the ministerial conference.4. Few Americans attribute this to such obvious causes as a devalued dollar or business cycle.5. Recent research has shed light on the fact that there are heavy financial and political costs associated with the measures necessary to reduce the emission of greenhouse gases.6. There are rumors that the government struck a private deal with the corporation’s chairman last month.7. The opposition is exerting pressure on the US government to change the policy towards textile imports.8. Since the establishment of the bilateral free-trade agreement, the emerging economy has always been at the forefront of science and technology.9. In general, floating exchange rates are supposed to insulate countries from persistent differences in inflation with their trading partners.10. According to conservative estimates, by 2010, China’s import and export volume with North America and the EU would surpass $400 billion respectively, with ten ASEAN countries exceeding $200 billion.五、完形填空1.manufacturingpetitive3.deficit4.budget5.expanding6.recovery7.revival8.emerging9.innovation 10.propertyChapter2二、consumer-goods 消费品discount retailers折扣零售商brand equity 品牌资产价值advertising budget 广告预算real-time sales data 实时销售数据sales promotion促销profit margin 盈利scanner data扫描数据三、汉翻英价格溢价price premium 基线销售base-line sales减价price reductions 广告支出advertising spending营销组合marketing mix 销量溢价quantity premium产品数量（种类）product-line variety 美元分配allocation of dollars四. 翻译1. The government has allocated $ 0.1billion to the development and utilization of renewable energy in the rural areas.2. We should not develop the Western region at the expense of environment. Therefore the government has been following a sustainable development road attaching equal importance toeconomic development and environment protection.3. As a big responsible nation, China will strictly be abide by the WTO rules and honor its commitments.4. The rapid growth in China’s grain production can be ascribed to the fact that the Chinese government has implemented a series of reform policy and measures in the rural areas, such as raising the prices of grain purchased by the state.5. In the globalization era, not all countries play on the level playground. Some developing countries have to adhere to some marketing principles, or even accede to the requests of some governments.6. Over the past year, the global investment demand was on the wane; the major world currencies suffered swift turbulence and some emerging markets underwent severe financial crisis.7. Networks fundamentally alter the nature of competition and level the playing field, especially for smaller business regardless of the barriers like time and distance.8. Through micro credit projects, with the credit available on demand, farmers are able to pay back both the principle and interest in time.9. China’s vigorous economic development is indicative of the fact that China has become one of the countries that enjoy the highesteconomic growth speed in the world.10. With the reform of the wholly state-owned commercial banks, when some qualified commercial banks seek listing in the stock market, others certainly will follow suit.五、完形填空1.blame2.damaged3.short-term4.building5.profiability6.arm7.boosts8.orientation9.moreover 10.loweringChapter3二. Privileged minority 享有特权的少数人Gas station加油站Marketing research 市场调查Professional competence 专业技能A sales point 卖点Product design 产品设计Potential consumer潜在顾客Business disaster 商业灾难三、汉翻英日常生活daily life 广告活动advertising campaigns物理特征physical characteristic 视觉想象visual imagination国媒体national media 销售增长sales increase销售渠道distribution system产品到导向型的广告product-orientated advertising四. 翻译1. Experts have attributed the main cause of the company’s poor performance to its poor HR functions, especially the appointmentof the senior management.2. British Airways intends to create a more flexible and modern corporate culture through the relocation3. Rumors about redundancy make the company at its worst in terms of morale ever since its foundation.4. After financial scandals, many companies can only resort to charity activities to improve their corporate image.5. Politicians should not engage in business affairs that might affect their political judgment.6. As a sleeping partner of the enterprise, he is entitled to share the profits, but is deprived of participating in its management.7. After watching this interview, she realizes how difficult it is to be a venture capitalist. For one thing, you need to have the money; for another, you need to have the insight to pick the right(promising) start-ups.8. T o enter a specific market, in addition to acquiring sufficient knowledge about our target customers, we also need to know about the local policies and abide by them.9. With the efforts of these university students, it was brought to light that this world-famous multinational had established some sweat factories in China.10. In a time when customers change constantly and rapidly intheir needs, only companies who are quick to respond can survive and succeed in the end.五、完形填空1.sincere2.privileged3.led4.constitutes5.intellectual6.resort7.instead8.reduce9.clients 10.divertChapter4三. Phrase Translation1. 人口流动2. 供应商网络3.标准零配件4. 特殊制造技术3.互补经济体 6.反日情绪7. 外方合作人, 外国附属公司8.上市企业并购mergers and acquisition海外扩overseas expansion全球化战略globalization strategy保护主义措施protectionist measures市场准入access to market知识产权intellectual property right贸易伙伴trading partners资本投入capital investment四. 翻译1. Vendors now offer systems that work only with their hardware, but they are trying to make their equipment integrate with other’s hardware.2. Agricultural exports, by contrast, respond immediately, growing at an annual rate of 17.7 percent in 1980 and 1981.3. This book takes a strategic view of business and develops the ability to take a multidisciplinary approach to managing a business and resolving problems and issues.4. Thanks to the recession and 9/11, Mayor Michael Bloomberg must contend with a whopping budget deficit projected to 60 billion.5. Dispose of batteries properly. Do not throw them into fire or expose to high temperature.6. In the future, in addition to syndicating our groups’ efforts, we will ally with foreign companies to leverage advantages and enhance global competitiveness.7. We are certain that in due course of time, the economic reforms will have brought about results and benefits that will go beyond China’s boundaries.8. One of the major banks has lowered its interest rate and the other bank is expected to follow suit.9. During these quarterly meetings, it’s the boss’s responsibility to respond to each manager’s plan.10. We will put in place a new order of the socialist market economy through completing the market system and rectifying and regulating the market behavior.五、完形填空1. ambivalent,2.integration3. hindered4. from5. by.6. shortage,7. options8. acquisitions9. strategy 10. allianceChapte r 5三、汉翻英上市公司对…随时留意, 小心提防会计师事务所国外子公司经济规划的持观望态度(财务)调帐报告业绩评定指标/方法Generally accepted accounting principles revenue recognitionIncome statement earnings per share Managing director credit-rating agenciesFinance chiefs/executives institutionalinvestors四. 翻译1. Escal ating costs have almost wiped out the company’s profits from last year.2. This area is studded with bars all vying for customer attention. But it’s not easy to pin down what exactly it is that pleases customers the most.3. The project team decided to adhere to its original plan despite the appalling weather.4. At the press conference, the PR manager reiterated that the company’s operation has returned to normal. However, many private shareholders remain skeptical about such claims.5. The new labor law, which took effect last year, is likely to raise the labor cost of a considered number of enterprises6. The less senior employees are reluctant to express their views or make any suggestions because they don’t think their ideas will really be put into practice.7. Local relief organizations have also embarked on fund-raising campaigns so as to provide more financial support for the earthquake victims.8. Up to 30 companies submitted their request for price rises, but most of them didn’t stand a chance of getting approval from theregulatory agency.9. The decision-makers seem to have already given up on the reform program though its initiators are still trying hard to elicit support from other stakeholders.10. The new model, which has just been released onto the market recently, is being touted as the most energy-efficient and environmentally-friendly product of its kind.五、完形填空1. toll2.leveraged3. grips4. shaping5.counterpart6. joint7.potential8. with9.light 10. transparent 11. responses 12. onChapter 8三、汉翻英公司未来愿景消减成本利用资源投资组合untapped niches 尚未被竞争者发现的市场机会convenience stores 便利店market segments 市场细分premium brand 高端品牌实施战略execute strategy竞争优势competitive advantage实证研究empirical studies核心品牌core brand分销系统distribution system控股公司 a holding company文化冲突culture clashes股东财富shareholders wealth四. 翻译1. The management believes that its existing manufacturing and marketing expertise can be leveraged with the new business.2. Jack Welch, General Electric chairman, was universally acclaimed as one of the most successful manager in the 20th century.3. The Japanese company is unanimous in its support of divestiture since the acquired business unit is destroying the corporate value.4. This study reveals several fault lines that companies frequently encounter as they execute their corporate strategy.5. Problems arose at the very outset when Anheuser Busch acquired Eagle Snacks.6. AT&T put up with losses in NCR almost from the start, butcontinued to subsidize it.7. Mattel expected to derive above-average profitability from the acquisition of The Learning Company.8. We must bear in mind that a corporate strategy must be constantly evaluated and divestiture decisions made before it is too late.9. AT&T realized that telecom equipment is not identical to computer technologies.10. We can’t view the fai lure of the acquisition strategy in isolation. It’s the result of a combination of several factors, rather than unidimensional.五、完形填空1.acquisitions .2.executing3.divestiture4.at5. on6.plunged7.that8.synergies9.core 10.premium。
商务英语阅读1参考答案
商务英语阅读1参考答案一、阅读理解1. 问题1：文章主要讨论了什么？答案：文章主要讨论了全球化背景下商务英语的重要性以及如何提高商务英语的沟通技巧。
2. 问题2：为什么商务英语在当今世界如此重要？答案：商务英语重要性体现在跨国贸易的增长，国际商务交流的频繁，以及对专业商务人士的需求。
3. 问题3：文章提到了哪些提高商务英语能力的方法？答案：文章提到了扩大词汇量、学习商务术语、练习商务写作、参与商务会议以及利用在线资源等方法。
4. 问题4：作者对商务英语的未来趋势有何看法？答案：作者认为随着全球化的深入，商务英语将继续成为国际商务沟通的关键工具，并且其重要性将不断增加。
5. 问题5：文章中提到的“商务英语沟通的障碍”有哪些？答案：文章中提到的障碍包括文化差异、语言习惯、专业术语的误解以及非语言交流的挑战。
二、词汇理解1. 问题1： "Negotiation"在商务英语中通常指的是什么？答案： "Negotiation"在商务英语中通常指的是商务交易或协议过程中的协商过程。
2. 问题2： "Collaboration"一词在商务环境中的含义是什么？答案： "Collaboration"在商务环境中指的是不同个人或组织之间的合作，以实现共同的目标或完成项目。
3. 问题3： "Mergers and Acquisitions"通常指的是什么类型的商务活动？答案： "Mergers and Acquisitions"通常指的是公司之间的合并或收购活动，这是企业扩张或重组的一种方式。
4. 问题4： "Stakeholder"在商务英语中通常指谁？答案： "Stakeholder"在商务英语中通常指的是对公司或项目有直接或间接利益的个人或团体。
5. 问题5： "Due Diligence"在商务英语中的含义是什么？答案： "Due Diligence"在商务英语中指的是在进行商务交易前对相关事务进行彻底的调查和评估，以确保交易的合理性和安全性。
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商务英语阅读（课后练习答案）Chapter One: EconomicsLesson OneⅠ. Check your comprehension: Decide if the sentences are T or F. Write T or F before each sentence. Compare your answer with your pair.1. T2. T3. F4. F5. FⅡ. Familiar yourself with the following key terms:A. Choose the statement that defines one of the business terms given below.1. distribute2. purchase3. loan4.resource5.interest6. supplierB. Identify the English expressions of the following Chinese terms.1.unemployment rate2.financial affairs3.auto loanitary pursuits5.civilian pursuits6.raise money7.medical care8.economic concernsⅢ. Vocabulary practice: Filling in the blanks with the proper words or expressions you have learned from the text given below to finish the following sentences.1. distributed2. varying3. economic4. purchasing5. resources6. exchange7.campaign8. issueⅣ. Translation.1．人类有多种需要和需求。
经济学仅仅关注人的物质需求。
这些需求可以通过消费商品来得到满足─或者是实货（有形商品，如食物），或者是服务（无形商品，如供热）。
2．所有的社会都存在三个共同的基本问题，即：生产什么、怎样生产和为谁生产。
前两个问题代表的是生产，而第三个问题则代表的是分配。
3．人类的需要和需求几乎是无限的，然而不幸的是，人们发现自己的资源很缺乏。
4．经济学中最为古老的话题也许就是为什么有些国家富有，而其他国家贫穷。
有一点没有异议，那就是在许多发展中国家里，受过高等教育的劳动者稀缺。
V. Oral Practice: Discussion the following two questions with your group members in English.（Omitted）Lesson TwoⅠ. Check your comprehension: Decide if the sentences are T or F. Write T or F before each sentence. Compare your answer with your pair.1. T2. T3. F4. F5. T6.FⅡ. Familiar yourself with the following key terms: Choose the statement that defines one of the business terms given below.1.consumption2. household3. macroeconomic4. inflation5. workforce6. revolutionaryⅢ. Make sentences using the following words or patterns.1. When children are concerned with their parents’divorce, they are very unhelpful and painful.2. Children thrive on good food.3. Management must determine the firm’s cash needs for both the short and long term.4. We must inquire into t he matter before drawing the conclusion.5. Her old age pension gives her barely enough to get by.Ⅳ. Translation.1. 经济学来源于社会哲学，并且与社会哲学有着紧密联系。
2. 宏观经济学与经济的全部工作特性有关系，而微观经济学与单个实体的行为有关系,诸如市场，公司和家庭。
3.在宏观经济中,我们总体上研究经济；在微观经济中,我们着眼于个体市场。
4. We study economics to inquire into the economy of a nation from both the whole and individual.5. The scope of economics is extremely wide, including many different economic fields.6. Although macroeconomics is essentially related to microeconomics, it is still different from microeconomics.V. Oral Practice: Discussion the following two questions with your group members in English. （Omitted）Lesson ThreeⅠ. Check your comprehension: Decide if the sentences are T or F. Write T or F before each sentence. Compare your answer with your pair.1. T2. F3. F4. T5. FⅡ. Familiar yourself with the following key terms: Match each word on the left with its correct meaning on the right.1. c2. b3. d4. a5. f6. eⅢ. Cloze: Fill in each blank with an appropriate word from the list given below. Make changes wherever necessary.The term market has many meanings. To some people it means the place where they shop for groceries. To other people it means the stock market where people can buy or sell shares. To a manufacturer of women’s dresses it means the current level of demand for dresses.We can also take a market as a set of economic forces called supply and demand. Supply forces tend to bring goods and services into consumption.Demand forces tend to result in consumption of those goods and services. Supply and demand forces interact to form a price. Since markets play a large role in our economy,we say we have a market economy. A market economy is an economic system in which prices determine how resources will be used and how products will be distributed.IV. Translation.经济学家们谈及供求规律，就是指价格的上涨就会增加供应而价格的下降就会减少供应。
如果某一件独特的商品价格上升了,肯定会鼓励生产者生产更多的这类商品。
相反，如果价格在当地或在全球下降了，生产者将会减少对它的生产。
V. Writing practice: Please give a summary of this article (around 200 words).(Omitted)Lesson FourⅠ. Check your comprehension: Decide if the sentences are T or F. Write T or F before each sentence. Compare your answer with your pair.1. F2. T3. F4. T5. FⅡ. Choose the best answer to each of the following statements according to the text.1. c.2. d.3. d.4. b.5.d.Ⅲ. Translation.1. 有人卖时就有人买；公司在开发新产品时，政府就会通过法律管制污染。
2．价钱太高意味着由于生产过多而造成的过量供应；价钱太低会导致商店里排长队买东西和商品的短缺。
3．生产什么产品不是由消费者投票决定的─每2年或4年搞一次民意测验，而是由他们每日的购买所决定。
4．公司不断地受追求最大限度的利润所驱使─即获取纯收入或是总销售和总成本之间的差额。
5.人们的收入在很大程度上依靠他们自己所拥有的财产，依靠他们习得或继承的能力，依靠他们的运气，依靠种族和性别歧视的程度。
IV. Cloze: Fill in each blank with an appropriate word from the list given below. Make changes wherever necessary.Supplies of many commodities can generally be adjusted to suit market conditions. This means that changes in price lead to changes in the quantity of a particular commodity which is made available to consumers. In such instances supply is said to be “elastic”, because it can be increased and decreased rapidly in response to market prices.Elasticity of supply, as a response to changes in price, is related to demand. Economists define “demand”as a consumer’s desire or want, together with his willingness to pay for what he wants. We can say that demand is indicated by our willingness to offer money for particular goods or services.V. Oral Practice: Discuss the following two questions with your group members in English. (Omitted)Lesson FiveⅠ. Check your comprehension: Decide if the sentences are T or F. Write T or F before each sentence. Compare your answer with your pair.1. T2. T3. F4. T5. T6. F7.T8.TⅡ. Check your comprehension: Choose the best answer to each of the following statements.1. d.2. a.3. b.4. d.5. c.Ⅲ. Translation.1. 史密斯对市场机制指导作用的洞察激发了包括资本主义的钦佩者和批评家在内的现代经济学者。