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商务英语阅读课后答案

商务英语阅读课后答案
商务英语阅读课后答案

Unit 1

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 cutting back on its spending.

2)There is an increasing number of people out of work. But the western media often

unfairly label them as lazy and reliable.

3)Now that the flow of oil has been stopped by BP, the impact of all the spilled oil

and natural gas is still being measured.

4)Once again its ability to steer economic policy will be tested against the ability to

deliver on services and projects aimed at growing the economy and jobs.

5)Housing prices are incredibly high today. But he bought his house for a song

about five years ago.

6)As people are complaining high prices, especially those related to daily

necessities, the government feels rather urgent to hold down inflation 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

have trickled down to all places, including residential buildings.

9)Social unrest is a daily occurrence in the country nowadays. It is in the last place

when it comes to investment for multinational companies.

10)Efforts to ban smoking in China are so effective yet. Some chain smokers never

think of quitting while many others have battled in vain 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 (or

credit) or a sudden tightening of the conditions

required to obtain a loan from the banks.7

2)stimulus package B) A non-bank entity or organization such as

investment companies and mutual funds that

invests in large quantities. 8

3)overheating C)A legal entity created by a government to undertake

commercial activities on its behalf. 6

4)stamp tax D) The trading of a corporation's stock or other

securities (e.g. bonds or stock options) by

individuals with potential access to non-public

information.9

E) An industry that requires large amounts of capital,

machinery and equipment to produce goods. 5

5)capital-intensive sector F) Generation of new and creative approaches to

securities, money management or investing. 1

6)state-run firm G) An economy that is expanding so rapidly that too

much money is chasing too few goods and

economists fear a rise in inflation . 3

7)credit crisis H) tax levied on certain legal transactions such as the

transfer of a property such as building, copyright,

land, patent, and securities. 4

8)institutional investor I) A plan or a series of measures taken by a

government to jump-start its ailing economy,

generally as a part of its fiscal policy. 2

10) insider trading Unit 2

2.Fill in each blank of the following sentences with one of the phrases in the list

given below:

1) The search for the child was scaled back sharply today, with almost a third of the

volunteers heading home.

2) The former Federal Reserve Chairman says there is a risk that the US could slip

into a recession by year’s end.

3) The CEO of the firm said that they would switch priority from traditional

labor-intensive 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 its

ambitious regional expansion plans.

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% to contend with falling sales.

6) Eventually, it must morph into a system that functions on stability, or it will fail

and cause an unstoppable breakdown and widespread hardship.

7) Unfortunately most of the central banks in the world today are still firmly under

the thumb of politicians.

8) The stock market’s endurance could depend heavily on whether economic and

corporate performance remains uncertain, or begins indicating that the economy truly is out of the woods.

9) Survivors were encouraged to talk about their horrible experiences to help them

come to terms with the flood disaster.

10) Other countries—notably Australia—have also avoided a bust in their housing

markets, and have instead seen prices increases flatten out.

3.Match the terms in column A with the explanations in column B:

A B ______ 1)double-dip recession A) A physical substance, such as food, grains, and metals,

which is interchangeable with another product of the

same type, and which investors buy or sell, usually

through future contracts 7

2) credit rating B) A measure that examines the weighted average of

prices of foodstuffs, often used as an important factor

to assess the cost of living. 9

3) austerity C) A government policy of deficit-cutting, lower spending,

and a reduction in the amount of benefits and public

services provided, sometimes coupled with increases

in taxes to pay back creditors to reduce debt. 3

4) private sector D) A central bank regulation that sets the minimum

reserves each commercial bank must hold to customer

deposits and notes. 10

5)protective tariff E) The part of the economy that is not state controlled,

and is run by individuals and companies for profit. 4 6)beggar thy neighbor F) An expression in economics describing policy that

seeks benefits for one country at the expense of others.

Such policies attempt to remedy the economic

problems in one country by means which tend to

worsen the problems of other countries. 6

7) commodity G) A published ranking based on detailed financial

analysis by a credit bureau, of one’s financial history,

specifically as it relates to one’s ability to meet debt

obligations. 2

8)sovereign-debt crisis H) A crisis in which a national government owes so much

debt that it is unable to repay or on the edge of

bankruptcy. 8

9)food-price index I) A tariff which tries to ban imports to stop them

competing with local products 5

10)reserve requirement J) A situation where economic growth slides back to

negative after a short-lived growth and the economy

may move into a deeper and longer downturn. 1

Unit 3

1.Fill in each blank of the following sentences with one of the phrases in the list

given below. Make changes when necessary.

1)Investors from big cities are quick to snap up real estates in this booming town

for their rising future values.

2)There are already clear signals that the investors will shift away from the

financial firm in legal trouble.

3)High input costs are likely to put pressure on steel prices in the domestic market

even if demand still remains high.

4)The prime minister said Thursday that a new international airport will be built in

the southern city to cater to the rising number of passengers and air cargoes there.

5)Many economists fear that the contraction of money supply may dry up financing

needed for various economic activities.

6)Professor Nil was, however, quick to warn the public to be on their guard against

those counterfeits already in circulation.

7)Academy Awards, Emmy Awards and dozens of prestigious awards from

prominent film 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 off overdue book fines so that they can resume using their library.

9)The writer’s fame shrank last year because the public thought he was knocking

out so many things.

10)Business leaders have urged the government to snap up farmland overseas to

grow basic staples as a buffer against soaring food prices.

11)The Vancouver team vowed to get back to doing the little things right and knew it

would add up to big things.

12)What has happened over the past few years indicates that great political, social

and economic transformations are in the making.

2.Match the terms in column A with the definitions in column B.

A_______________________ B________________________________________ 1)emerging market A) A contract that permits the owner, depending on

the type of option held, to purchase or sell an

asset at a fixed price until a specific date.6

2)profit margin B) A theoretical construct that represents economic

processes by a set of variables and a set of logical

and quantitative relationships between them.10 3)consumer spending C) An economy, with fast growth rate but low to

middle per capita income, has opened up its

market and integrated itself into the global

economy.1

4)consumerism D) The process of moving from a period of losses

or low profitability into a more profitable stage

for a firm, industry or economy.8

5)disposable income E) Ratio of profit after taxes to cost-of-sales, often

expressed as a percentage, measuring the

profitability of a firm and indicating its cost

structure.2

6)option F) Portion of the balance of payments consisting

of exports and imports of goods and services, as

well as transfer payments such as foreign aid

grants. 9

7)economic restructuring G) The amount of money spent by households,

measured monthly, making up an important part

of an economy.3

8)turnaround H) The phenomenon of an economy shifting from

a manufacturing to a service sector economic

base. 7

9)current account I) A movement equating personal happiness with

purchasing material possessions and

consumption. 4

10)economic model J) The amount of income left to an individual

after taxes have been paid, available for

spending and saving. 5

Unit 4

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 realizing

industrialization 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 caused

by observation of the actions of others and their

consequences. 3

2) coalition government B) An economic turmoil where companies go

bankrupt, people are laid off, and markets are

sluggish. There is a lot of panic in both

business and daily lives.9

3) demonstration effects C) A market in which there is no economic

intervention by the state, except to enforce

private contracts and the ownership of property.

1

4) health insurance D) A qualified retirement plan set up by a

corporation, labor union, government, or other

organization for its employees. 6

E) A form of collectivism by means of which

people collectively pool their risk, in this case

the risk of incurring medical expenses. 4

5) national interest F) The ability to obtain what one wants through

economic or cultural means. It allows nations to

exert their influence without using military

means or coercion. 8

6) pension scheme G) A fight or contention for territory, power,

control, or resources between tow more parties

in a place or area.. 7

7) turf war H) Things of great importance to a nation,

including its goals, visions and ambitions in

political, economic, cultural fields, etc. and

actions, circumstances, and decisions to achieve

them. 5

8) soft power I) A cabinet of a parliamentary government in

which several parties cooperate. 2

9) economic crunch Unit 7

2. Fill in each blank of the following sentences with one of the phrases in the list

given below:

1) With his expanding wireless broadband plan, Obama wants to usher every

American into 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 of water will in the end hollow out

a stone.

5) The progressive movement, which had already brought important changes in

federal policies, stood on the verge of culmination and fulfillment

6) The state has suffered so much loss. The smugglers should never be allowed to

get off easy.

7) After production expansion, this company now can turn out a million television

sets a month.

8) The preeminent writer's personal appearance picked up the sales of the book

considerably

9) The newly announced credit policy may help many family-owned businesses get

through the tough times at present..

10) The government has imposed drastic economic controls to choke off inflation.

11) To execute full-cost accounting, companies must account for the true cost of their

products.

12) Economists are not so optimistic because there is no sign that the recession has

bottomed out.

3. Match the terms in column A with the explanations in column B:

A B

1) bondholder a) A measure of a company's financial health,which

equals cash receipts minus cash payments over a

given period of time. 6

2) creditor b) A financial asset whose value has fallen

significantly and which fails generate cashflow

and is worth much less than expected. 7

3) dealership c) An entity (person or institution) that extends

credit by giving another entity permission to

borrow money if it is paid back at a later date. 2 4) health-care expenses d) A unit specially organized to work on a single

defined task 10

5) manufacturing capacity e) A business company that is owned or controlled

by another larger company 9

6) net cash flow f) A person owning a bond or bonds issued b y a

government or a public company 1

7) bad asset g) Money used for the preservation of mental and

physical health by preventing or treating illness

through services offered by the health

profession 4

8) hot products h) Volume of products or services that can be

generated by a production plant or enterprise in

a given period by using current resources. 5

9) subsidiary# i) A business established or operated under an

authorization to sell or distribute a company’s

goods or service in a particular area 3

10) task force j) Products that are extremely populous among

consumers and normally sell like hot cakes in

the market. 8

Unit 8

1.Fill in each blank of the following sentences with one of the phrases in the list

given below. Make changes when necessary.

1)When the starlet was asked about her new boyfriend, she couldn’t help but gush

about him and their intimate plans for V alentine’s Day.

2)The leaking of as many as 251,000 State Department documents, including secret

embassy reports from 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

around with those scholars who also take rather radical stance on economic issues.

4)It is high time for everyone in the department to kick into full gear and fulfill our

sales quota by the end of the year.

5)The mother did whatever possible to prevent her son from hanging out with the

guy who she thought was up to nothing good.

6)Obama’s victory in the election was viewed by many as progress in the United

States. But I think his ethnicity is beside the point.

7)The neighbors said what happened was totally out of character for the woman

they knew as quiet and friendly.

8)Unfortunately, the firm has not been able to pare) production cost to the level that

matches its competitors in the market.

9)On the back of strong corporate earnings reports from a number of firms last week,

coupled with the improving unemployment rate, investor sentiment was bolstered

on the first trading day of the week.

10)The team is expected to take a vote tonight that could set in motion a new plan to

revitalize the financial market.

11)It was a long time before our business partners could catch on to what we really

intended.

12)As a shrewd man, he successfully pounced at the opportunity last year to become

the marketing manager.

2.Match the terms in column A with the definitions in column B:

A______________________ B________________________________________ 1)market share A) A group of advisors, originally to a political candidate,

for their expertise in particular fields, but now to any

decision makers, whether or not in politics. 6

2)cash drain B) The rate of new product development, which is

getting faster with more severe competition and

faster technological advancement. 10

3)shareholder wealth C) Percentage or proportion of the total available

market or market segment that a product or

company takes. 1

4)net worth D) A group of executives employed to manage a

project, department, or company with their

particular expertise or skills. 5

5)management team E) A person, project, business or company that

continues to consume large amounts of cash with

no end in sight. 2

6)brain trust F) A person or firm that invests in a business

venture, providing capital for start-up or

expansion, and expecting a higher rate of return

than that for traditional investments. 9

7)balance sheet G) The wealth shareholders get to accrue from their

ownership of shares in a firm, which can be

increased by raising either share prices or

dividend payments. 3

8)captains of industry H) A financial statement that summarizes a

company's assets, liabilities and shareholders'

equity at a specific point in time. 7

9)Venture capitalist I) Total assets minus total liabilities, an important

determinant of the value of a company, primarily

composed of all the money that has been invested

and the retained earnings for the duration of its

operation. 4

10)product cycle L) A business leader who is especially successful

and powerful and whose means of amassing a

personal fortune contributes substantially to the

country in some way. 8

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李友

Letter 2 Letter 3 Letter 4

Letter 5 Letter 6

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