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