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外刊經(jīng)貿(mào)知識(shí)選讀年月真題

0009620127

1、【單選題】Thecompany【resumes】itsserviceinthisregion.

continues

consumes

A:

assumes

B:

presumes

C:

答D:案:A

2、【單選題】Thelatestfiguresshould【neutralize】thefearsofinflation.

middle

stop

A:

increase

B:

unclear

C:

答D:案:B

3、【單選題】Hisdoorwasopenedonthefirst【summon】;andheappearedin

person,unarmed,andinapeculiarlydefenselesscondition.

concern

service

A:

summary

B:

call

C:

答D:案:D

4、【單選題】Itisthe【legitimacy】ofAmericanpowerandAmericanglobal

leadershipthathascometobedoubtedbyamajorityofEuropeans.

fair

justification

A:

right

B:

possibility

C:

答D:案:B

5、【單選題】Theproposed【compromise】wouldincreasetobaccotaxestohelp

payforexpansionofthechildhealthprogram.

policy

regulations

A:

concession

B:

plan

C:

答D:案:C

6、【單選題】Asia'saffectionatelovewithrealestatehasbeenpromptedbyeasy

moneyand【accommodative】localgovernmentpolicies.

helpful

preparatory

A:

extensive

B:

compositional

C:

答D:案:A

7、【單選題】Thedepositsincreditinstitutionshavereachedenormousfigures,

andthis【plethora】hascauseddisastrousresults.

decrease

reduction

A:

excess

B:

exaggeration

C:

答D:案:C

8、【單選題】Totheadministration,Tokyoappearsmore"results-oriented",

promptinghopesthat【bargains】canbereachedwithJapantoeasefrictionsona

rangeofissues.

lowprices

greatdeals

A:

arrangements

B:

conclusions

C:

答D:案:C

9、【單選題】Theeffectis【amplified】,MITIargues,because35%ofAmerican

exportstoJapanareindustrialcommodities,whicharehighlysensitivetothe

businesscycle.

intended

simplified

A:

exaggerated

B:

C:

diversified

答D:案:C

10、【單選題】Sometimestheproblemisn'tthatwelacksufficientinformation.

Wehaveaprecisepictureofourselvesorasituation,butwe【capitulate】the

firsttimesomeonechallengesus.

accustom

succumb

A:

capture

B:

control

C:

答D:案:B

11、【單選題】Thereareoccasionsinsomebigcities,when【ingenuous】

questionsoutofthemouthsofchildrencansometimespuzzletheexperts.

innocent

tough

A:

generous

B:

gentle

C:

答D:案:A

12、【單選題】ThecurrentU.S.administrationis【adamant】aboutrestricting

travelandexportstoCuba.

permanent

unyielding

A:

frantic

B:

adverse

C:

答D:案:B

13、【單選題】Greatideascan【languish】inourmindifwedon'tspendtime

reflectinganddigestingthemessageswegotduringthepastprojects.

beneglected

bedisappeared

A:

beprospered

B:

beflourished

C:

答D:案:A

14、【單選題】The【emergence】ofFeminineEconomypromotesthedevelopmentof

femininetouristmarket.

emergency

contribution

A:

appearance

B:

merger

C:

答D:案:C

15、【單選題】Oneofficialwhoiswellawareoftheconfusion【afflicting】

bothlocalauthoritiesandforeigninvestorsisJingShuping,presidentof

ChinaInternationalEconomicConsultantsInc.

bothering

affecting

A:

worsening

B:

deadening

C:

答D:案:A

16、【判斷題】Passage1Theglobaleconomyissetforayearofrecessionand

thenlowgrowthuntil2012,economistsattheWorldEconomicForuminDavoshave

said.Theyalsowarnedthatthedownturncouldpersuadepoliticianstointroduce

tradebarriersandsteerinvestmentsonlyintotheirowneconomies.Thiswould

harmdevelopingcountriesmostly.Meanwhile,theyaregrowingcallsfor

betterfinancialsectorregulation.Speakingatapaneltakingstockofthestate

oftheeconomy,StephenRoach,ChairmanofMorganStanleyAsiaandlong-

timeprophetoftheeconomicdownturn,saidonecouldnot"overestimatethe

dangerstheworldeconomyfacesin2009.”Theglobaleconomywaslikelyto

shrinkthisyearforthefirsttimesinceWorldWarII,hesaid,andnobodyonthe

panelorintheaudiencewaspreparedtocontradicthim.Thegeneralgloomwas

echoedbytheIMF,whichhaspredictedthatworldeconomicgrowthwillfallto

just0.5%thisyear,itslowestratefor60years.JustinYifuLin,seniorvice

presidenattheWorldBank,saidtherewere"lotsofdownsiderisks;thecurrent

projectionisprotractedrecessionandwehavenotreachedthebottomyet"Demand

fromU.S.consumers,formanyyearsthemaindriverofglobalgrowth,wasin

steepdecline,andwhileonthesupply-sideChinahadseenitseconomyshrink

duringthelastquarterof2008.Indeed,whereveronegoesinthecongresscentre

inDavos,pessimismpervadesallconversation-althoughoneparticipantcounseled

that"irrationalexuberancehasbeenreplacedbyirrationaldespair".Thebiggest

concernofallpanelists,however,wastheriskthatthedownturncouldheralda

returntoprotectionism.ThisbeingDavos,themajorityofparticipantsare

proponentsoffreetrade,butitwasstrikingthattherepresentativesfrom

developingandemergingeconomieswereparticularlyworriedaboutrisingtrade

barriers.Panelistswarnednotjustaboutthethreattofreetrade,butalsothe

dangerthatWesterngovernmentscouldsteertheirnationalizedorrecapitalized

bankstowardsinvestingonlyathome.However,governmentspendingalonewasnot

enoughtosolvetheproblem.Monetarypolicyandacoordinatedglobalregulatory

frameworkwerekeystogettingtheglobaleconomybackontrack.16.Itis

probablythattheeconomicrecessioncouldresultintradeprotectionismand

barriersamongdifferentcountries.

True

False

A:

答B(yǎng):案:A

17、【判斷題】Passage1Theglobaleconomyissetforayearofrecessionand

thenlowgrowthuntil2012,economistsattheWorldEconomicForuminDavoshave

said.Theyalsowarnedthatthedownturncouldpersuadepoliticianstointroduce

tradebarriersandsteerinvestmentsonlyintotheirowneconomies.Thiswould

harmdevelopingcountriesmostly.Meanwhile,theyaregrowingcallsfor

betterfinancialsectorregulation.Speakingatapaneltakingstockofthestate

oftheeconomy,StephenRoach,ChairmanofMorganStanleyAsiaandlong-

timeprophetoftheeconomicdownturn,saidonecouldnot"overestimatethe

dangerstheworldeconomyfacesin2009.”Theglobaleconomywaslikelyto

shrinkthisyearforthefirsttimesinceWorldWarII,hesaid,andnobodyonthe

panelorintheaudiencewaspreparedtocontradicthim.Thegeneralgloomwas

echoedbytheIMF,whichhaspredictedthatworldeconomicgrowthwillfallto

just0.5%thisyear,itslowestratefor60years.JustinYifuLin,seniorvice

presidenattheWorldBank,saidtherewere"lotsofdownsiderisks;thecurrent

projectionisprotractedrecessionandwehavenotreachedthebottomyet"Demand

fromU.S.consumers,formanyyearsthemaindriverofglobalgrowth,wasin

steepdecline,andwhileonthesupply-sideChinahadseenitseconomyshrink

duringthelastquarterof2008.Indeed,whereveronegoesinthecongresscentre

inDavos,pessimismpervadesallconversation-althoughoneparticipantcounseled

that"irrationalexuberancehasbeenreplacedbyirrationaldespair".Thebiggest

concernofallpanelists,however,wastheriskthatthedownturncouldheralda

returntoprotectionism.ThisbeingDavos,themajorityofparticipantsare

proponentsoffreetrade,butitwasstrikingthattherepresentativesfrom

developingandemergingeconomieswereparticularlyworriedaboutrisingtrade

barriers.Panelistswarnednotjustaboutthethreattofreetrade,butalsothe

dangerthatWesterngovernmentscouldsteertheirnationalizedorrecapitalized

bankstowardsinvestingonlyathome.However,governmentspendingalonewasnot

enoughtosolvetheproblem.Monetarypolicyandacoordinatedglobalregulatory

frameworkwerekeystogettingtheglobaleconomybackontrack.17.Panelistsand

audienceintheWorldEconomicForuminDavosdon'tagreethattheyear2009

shrinksforthefirsttimesinceWorldWarII.

True

False

A:

答B(yǎng):案:B

18、【判斷題】Passage1Theglobaleconomyissetforayearofrecessionand

thenlowgrowthuntil2012,economistsattheWorldEconomicForuminDavoshave

said.Theyalsowarnedthatthedownturncouldpersuadepoliticianstointroduce

tradebarriersandsteerinvestmentsonlyintotheirowneconomies.Thiswould

harmdevelopingcountriesmostly.Meanwhile,theyaregrowingcallsfor

betterfinancialsectorregulation.Speakingatapaneltakingstockofthestate

oftheeconomy,StephenRoach,ChairmanofMorganStanleyAsiaandlong-

timeprophetoftheeconomicdownturn,saidonecouldnot"overestimatethe

dangerstheworldeconomyfacesin2009.”Theglobaleconomywaslikelyto

shrinkthisyearforthefirsttimesinceWorldWarII,hesaid,andnobodyonthe

panelorintheaudiencewaspreparedtocontradicthim.Thegeneralgloomwas

echoedbytheIMF,whichhaspredictedthatworldeconomicgrowthwillfallto

just0.5%thisyear,itslowestratefor60years.JustinYifuLin,seniorvice

presidenattheWorldBank,saidtherewere"lotsofdownsiderisks;thecurrent

projectionisprotractedrecessionandwehavenotreachedthebottomyet"Demand

fromU.S.consumers,formanyyearsthemaindriverofglobalgrowth,wasin

steepdecline,andwhileonthesupply-sideChinahadseenitseconomyshrink

duringthelastquarterof2008.Indeed,whereveronegoesinthecongresscentre

inDavos,pessimismpervadesallconversation-althoughoneparticipantcounseled

that"irrationalexuberancehasbeenreplacedbyirrationaldespair".Thebiggest

concernofallpanelists,however,wastheriskthatthedownturncouldheralda

returntoprotectionism.ThisbeingDavos,themajorityofparticipantsare

proponentsoffreetrade,butitwasstrikingthattherepresentativesfrom

developingandemergingeconomieswereparticularlyworriedaboutrisingtrade

barriers.Panelistswarnednotjustaboutthethreattofreetrade,butalsothe

dangerthatWesterngovernmentscouldsteertheirnationalizedorrecapitalized

bankstowardsinvestingonlyathome.However,governmentspendingalonewasnot

enoughtosolvetheproblem.Monetarypolicyandacoordinatedglobalregulatory

frameworkwerekeystogettingtheglobaleconomybackontrack.18.Accordingto

JustinYifuLin,seniorvicepresidentattheWorldBank,theeconomicrecession

hasreachedthebottom.

True

A:

False

答B(yǎng):案:B

19、【判斷題】Passage1Theglobaleconomyissetforayearofrecessionand

thenlowgrowthuntil2012,economistsattheWorldEconomicForuminDavoshave

said.Theyalsowarnedthatthedownturncouldpersuadepoliticianstointroduce

tradebarriersandsteerinvestmentsonlyintotheirowneconomies.Thiswould

harmdevelopingcountriesmostly.Meanwhile,theyaregrowingcallsfor

betterfinancialsectorregulation.Speakingatapaneltakingstockofthestate

oftheeconomy,StephenRoach,ChairmanofMorganStanleyAsiaandlong-

timeprophetoftheeconomicdownturn,saidonecouldnot"overestimatethe

dangerstheworldeconomyfacesin2009.”Theglobaleconomywaslikelyto

shrinkthisyearforthefirsttimesinceWorldWarII,hesaid,andnobodyonthe

panelorintheaudiencewaspreparedtocontradicthim.Thegeneralgloomwas

echoedbytheIMF,whichhaspredictedthatworldeconomicgrowthwillfallto

just0.5%thisyear,itslowestratefor60years.JustinYifuLin,seniorvice

presidenattheWorldBank,saidtherewere"lotsofdownsiderisks;thecurrent

projectionisprotractedrecessionandwehavenotreachedthebottomyet"Demand

fromU.S.consumers,formanyyearsthemaindriverofglobalgrowth,wasin

steepdecline,andwhileonthesupply-sideChinahadseenitseconomyshrink

duringthelastquarterof2008.Indeed,whereveronegoesinthecongresscentre

inDavos,pessimismpervadesallconversation-althoughoneparticipantcounseled

that"irrationalexuberancehasbeenreplacedbyirrationaldespair".Thebiggest

concernofallpanelists,however,wastheriskthatthedownturncouldheralda

returntoprotectionism.ThisbeingDavos,themajorityofparticipantsare

proponentsoffreetrade,butitwasstrikingthattherepresentativesfrom

developingandemergingeconomieswereparticularlyworriedaboutrisingtrade

barriers.Panelistswarnednotjustaboutthethreattofreetrade,butalsothe

dangerthatWesterngovernmentscouldsteertheirnationalizedorrecapitalized

bankstowardsinvestingonlyathome.However,governmentspendingalonewasnot

enoughtosolvetheproblem.Monetarypolicyandacoordinatedglobalregulatory

frameworkwerekeystogettingtheglobaleconomybackontrack.19.Thedemand

fromU.S.consumershasbeentheenginefortheglobalgrowthforalongtime.

True

False

A:

答B(yǎng):案:A

20、【判斷題】Passage1Theglobaleconomyissetforayearofrecessionand

thenlowgrowthuntil2012,economistsattheWorldEconomicForuminDavoshave

said.Theyalsowarnedthatthedownturncouldpersuadepoliticianstointroduce

tradebarriersandsteerinvestmentsonlyintotheirowneconomies.Thiswould

harmdevelopingcountriesmostly.Meanwhile,theyaregrowingcallsfor

betterfinancialsectorregulation.Speakingatapaneltakingstockofthestate

oftheeconomy,StephenRoach,ChairmanofMorganStanleyAsiaandlong-

timeprophetoftheeconomicdownturn,saidonecouldnot"overestimatethe

dangerstheworldeconomyfacesin2009.”Theglobaleconomywaslikelyto

shrinkthisyearforthefirsttimesinceWorldWarII,hesaid,andnobodyonthe

panelorintheaudiencewaspreparedtocontradicthim.Thegeneralgloomwas

echoedbytheIMF,whichhaspredictedthatworldeconomicgrowthwillfallto

just0.5%thisyear,itslowestratefor60years.JustinYifuLin,seniorvice

presidenattheWorldBank,saidtherewere"lotsofdownsiderisks;thecurrent

projectionisprotractedrecessionandwehavenotreachedthebottomyet"Demand

fromU.S.consumers,formanyyearsthemaindriverofglobalgrowth,wasin

steepdecline,andwhileonthesupply-sideChinahadseenitseconomyshrink

duringthelastquarterof2008.Indeed,whereveronegoesinthecongresscentre

inDavos,pessimismpervadesallconversation-althoughoneparticipantcounseled

that"irrationalexuberancehasbeenreplacedbyirrationaldespair".Thebiggest

concernofallpanelists,however,wastheriskthatthedownturncouldheralda

returntoprotectionism.ThisbeingDavos,themajorityofparticipantsare

proponentsoffreetrade,butitwasstrikingthattherepresentativesfrom

developingandemergingeconomieswereparticularlyworriedaboutrisingtrade

barriers.Panelistswarnednotjustaboutthethreattofreetrade,butalsothe

dangerthatWesterngovernmentscouldsteertheirnationalizedorrecapitalized

bankstowardsinvestingonlyathome.However,governmentspendingalonewasnot

enoughtosolvetheproblem.Monetarypolicyandacoordinatedglobalregulatory

frameworkwerekeystogettingtheglobaleconomybackontrack.20.Thoughitis

hardtime,theparticipantsinWorldEconomicForuminDavosareoptimistic

True

False

A:

答B(yǎng):案:B

21、【判斷題】Passage1Theglobaleconomyissetforayearofrecessionand

thenlowgrowthuntil2012,economistsattheWorldEconomicForuminDavoshave

said.Theyalsowarnedthatthedownturncouldpersuadepoliticianstointroduce

tradebarriersandsteerinvestmentsonlyintotheirowneconomies.Thiswould

harmdevelopingcountriesmostly.Meanwhile,theyaregrowingcallsfor

betterfinancialsectorregulation.Speakingatapaneltakingstockofthestate

oftheeconomy,StephenRoach,ChairmanofMorganStanleyAsiaandlong-

timeprophetoftheeconomicdownturn,saidonecouldnot"overestimatethe

dangerstheworldeconomyfacesin2009.”Theglobaleconomywaslikelyto

shrinkthisyearforthefirsttimesinceWorldWarII,hesaid,andnobodyonthe

panelorintheaudiencewaspreparedtocontradicthim.Thegeneralgloomwas

echoedbytheIMF,whichhaspredictedthatworldeconomicgrowthwillfallto

just0.5%thisyear,itslowestratefor60years.JustinYifuLin,seniorvice

presidenattheWorldBank,saidtherewere"lotsofdownsiderisks;thecurrent

projectionisprotractedrecessionandwehavenotreachedthebottomyet"Demand

fromU.S.consumers,formanyyearsthemaindriverofglobalgrowth,wasin

steepdecline,andwhileonthesupply-sideChinahadseenitseconomyshrink

duringthelastquarterof2008.Indeed,whereveronegoesinthecongresscentre

inDavos,pessimismpervadesallconversation-althoughoneparticipantcounseled

that"irrationalexuberancehasbeenreplacedbyirrationaldespair".Thebiggest

concernofallpanelists,however,wastheriskthatthedownturncouldheralda

returntoprotectionism.ThisbeingDavos,themajorityofparticipantsare

proponentsoffreetrade,butitwasstrikingthattherepresentativesfrom

developingandemergingeconomieswereparticularlyworriedaboutrisingtrade

barriers.Panelistswarnednotjustaboutthethreattofreetrade,butalsothe

dangerthatWesterngovernmentscouldsteertheirnationalizedorrecapitalized

bankstowardsinvestingonlyathome.However,governmentspendingalonewasnot

enoughtosolvetheproblem.Monetarypolicyandacoordinatedglobalregulatory

frameworkwerekeystogettingtheglobaleconomybackontrack.21.Most

participantsinWorldEconomicForuminDavossupportfreetrade.

True

False

A:

答B(yǎng):案:A

22、【判斷題】Passage2Thejobofthedrugindustryistoproviderelieffrom

ailments,anditusuallydoessowithitsmedicines.ThenewsonMondayJanuary

26ththatPfizer,theworld'sbiggestdrugmaker,isbiddingforWyeth,alarge

Americanrival,shouldprovideawelcometonicforsome.Thelegionoflawyers

andbankerswhospecializeinmergersandacquisitions,forexample,mayat

lasthavesomethingtodo.Pfizerisoffering$68billionforitsrival,belying

thecurrenteconomicgloom.Thefinancialcrisisandrecessionhaveputabrake

onmostdeals,otherthanmergersbetweencrumblingbanks,ascredithasdried

upandconfidencehasshriveled.ThegiantAmericandrugcompanywillfinancethe

dealwithamixtureofitsshares,whichhaveheldupreasonablywellasmarkets

havedived,cashfromreservesandbankloans.Pharmaceuticalcompaniesarein

happierpositionthanfirmsinotherindustries.Theyareknownforlargeand

reliablecashflows,evenwheneconomicmiseryisgrowing.Otherwisenervous

bankersshouldnotbetoofearfulofextendingcredittoPfizer.Andyet,asthe

recessiontakesholdAmerica,whichisbyfarthemostimportantmarketfordrug

giants,growthappearstobeslowing.Evendrugsalesmaybehitinarecessionif

financiallysqueezedpatientswholackinsurance,orwithlesscomprehensive

healthplans,cutbackontheirmedicines.Pfizerisnotinsulatedfromthe

economicchill:itsaysthatitwilllayoff10%ofitsworkers,severalthousand

people,andclosefiveofits46factoriesaroundtheworld,inanefforttocut

costsby$2billionby2011.Nonetheless,takingoverWyethwouldcementPfizer's

positionastheworld'sleadingdrugmaker.Pfizer'srevenuesin2008werejust

over$48billion.Thesewouldbeboostedtoover$71billioninacombinationwith

Wyeth.Pfizerclearlyreckonsthatgreaterscaleisananswernotonlyhelower

growthnheindustrybutlsototheparticularproblemshatitfaces."Big

pharma"haslongfeltthecompetitivebreathofgenericdrugcompanies.Inthenext

coupleofyearsthethreatwillintensifyasbillionsofdollarsworthofbranded

drugsaresettolosepatentprotection.22.ThenewsthatPfizerisbiddingfor

Wyethisnotwelcomedbylawyersandbankerswhospecializeinmergersand

acquisitions.

True

False

A:

答B(yǎng):案:B

23、【判斷題】Passage2Thejobofthedrugindustryistoproviderelieffrom

ailments,anditusuallydoessowithitsmedicines.ThenewsonMondayJanuary

26ththatPfizer,theworld'sbiggestdrugmaker,isbiddingforWyeth,alarge

Americanrival,shouldprovideawelcometonicforsome.Thelegionoflawyers

andbankerswhospecializeinmergersandacquisitions,forexample,mayat

lasthavesomethingtodo.Pfizerisoffering$68billionforitsrival,belying

thecurrenteconomicgloom.Thefinancialcrisisandrecessionhaveputabrake

onmostdeals,otherthanmergersbetweencrumblingbanks,ascredithasdried

upandconfidencehasshriveled.ThegiantAmericandrugcompanywillfinancethe

dealwithamixtureofitsshares,whichhaveheldupreasonablywellasmarkets

havedived,cashfromreservesandbankloans.Pharmaceuticalcompaniesarein

happierpositionthanfirmsinotherindustries.Theyareknownforlargeand

reliablecashflows,evenwheneconomicmiseryisgrowing.Otherwisenervous

bankersshouldnotbetoofearfulofextendingcredittoPfizer.Andyet,asthe

recessiontakesholdAmerica,whichisbyfarthemostimportantmarketfordrug

giants,growthappearstobeslowing.Evendrugsalesmaybehitinarecessionif

financiallysqueezedpatientswholackinsurance,orwithlesscomprehensive

healthplans,cutbackontheirmedicines.Pfizerisnotinsulatedfromthe

economicchill:itsaysthatitwilllayoff10%ofitsworkers,severalthousand

people,andclosefiveofits46factoriesaroundtheworld,inanefforttocut

costsby$2billionby2011.Nonetheless,takingoverWyethwouldcementPfizer's

positionastheworld'sleadingdrugmaker.Pfizer'srevenuesin2008werejust

over$48billion.Thesewouldbeboostedtoover$71billioninacombinationwith

Wyeth.Pfizerclearlyreckonsthatgreaterscaleisananswernotonlyhelower

growthnheindustrybutlsototheparticularproblemshatitfaces."Big

pharma"haslongfeltthecompetitivebreathofgenericdrugcompanies.Inthenext

coupleofyearsthethreatwillintensifyasbillionsofdollarsworthofbranded

drugsaresettolosepatentprotection.23.Pfizerwillfinancethebuyingof

Wyethwithcashborrowedfromthebanks.

True

False

A:

答B(yǎng):案:B

24、【判斷題】Passage2Thejobofthedrugindustryistoproviderelieffrom

ailments,anditusuallydoessowithitsmedicines.ThenewsonMondayJanuary

26ththatPfizer,theworld'sbiggestdrugmaker,isbiddingforWyeth,alarge

Americanrival,shouldprovideawelcometonicforsome.Thelegionoflawyers

andbankerswhospecializeinmergersandacquisitions,forexample,mayat

lasthavesomethingtodo.Pfizerisoffering$68billionforitsrival,belying

thecurrenteconomicgloom.Thefinancialcrisisandrecessionhaveputabrake

onmostdeals,otherthanmergersbetweencrumblingbanks,ascredithasdried

upandconfidencehasshriveled.ThegiantAmericandrugcompanywillfinancethe

dealwithamixtureofitsshares,whichhaveheldupreasonablywellasmarkets

havedived,cashfromreservesandbankloans.Pharmaceuticalcompaniesarein

happierpositionthanfirmsinotherindustries.Theyareknownforlargeand

reliablecashflows,evenwheneconomicmiseryisgrowing.Otherwisenervous

bankersshouldnotbetoofearfulofextendingcredittoPfizer.Andyet,asthe

recessiontakesholdAmerica,whichisbyfarthemostimportantmarketfordrug

giants,growthappearstobeslowing.Evendrugsalesmaybehitinarecessionif

financiallysqueezedpatientswholackinsurance,orwithlesscomprehensive

healthplans,cutbackontheirmedicines.Pfizerisnotinsulatedfromthe

economicchill:itsaysthatitwilllayoff10%ofitsworkers,severalthousand

people,andclosefiveofits46factoriesaroundtheworld,inanefforttocut

costsby$2billionby2011.Nonetheless,takingoverWyethwouldcementPfizer's

positionastheworld'sleadingdrugmaker.Pfizer'srevenuesin2008werejust

over$48billion.Thesewouldbeboostedtoover$71billioninacombinationwith

Wyeth.Pfizerclearlyreckonsthatgreaterscaleisananswernotonlyhelower

growthnheindustrybutlsototheparticularproblemshatitfaces."Big

pharma"haslongfeltthecompetitivebreathofgenericdrugcompanies.Inthenext

coupleofyearsthethreatwillintensifyasbillionsofdollarsworthofbranded

drugsaresettolosepatentprotection.24.PfizerisabletobuyWyethbecause

itwasnotaffectedbythefinancialrecession.

True

False

A:

答B(yǎng):案:B

25、【判斷題】Passage2Thejobofthedrugindustryistoproviderelieffrom

ailments,anditusuallydoessowithitsmedicines.ThenewsonMondayJanuary

26ththatPfizer,theworld'sbiggestdrugmaker,isbiddingforWyeth,alarge

Americanrival,shouldprovideawelcometonicforsome.Thelegionoflawyers

andbankerswhospecializeinmergersandacquisitions,forexample,mayat

lasthavesomethingtodo.Pfizerisoffering$68billionforitsrival,belying

thecurrenteconomicgloom.Thefinancialcrisisandrecessionhaveputabrake

onmostdeals,otherthanmergersbetweencrumblingbanks,ascredithasdried

upandconfidencehasshriveled.ThegiantAmericandrugcompanywillfinancethe

dealwithamixtureofitsshares,whichhaveheldupreasonablywellasmarkets

havedived,cashfromreservesandbankloans.Pharmaceuticalcompaniesarein

happierpositionthanfirmsinotherindustries.Theyareknownforlargeand

reliablecashflows,evenwheneconomicmiseryisgrowing.Otherwisenervous

bankersshouldnotbetoofearfulofextendingcredittoPfizer.Andyet,asthe

recessiontakesholdAmerica,whichisbyfarthemostimportantmarketfordrug

giants,growthappearstobeslowing.Evendrugsalesmaybehitinarecessionif

financiallysqueezedpatientswholackinsurance,orwithlesscomprehensive

healthplans,cutbackontheirmedicines.Pfizerisnotinsulatedfromthe

economicchill:itsaysthatitwilllayoff10%ofitsworkers,severalthousand

people,andclosefiveofits46factoriesaroundtheworld,inanefforttocut

costsby$2billionby2011.Nonetheless,takingoverWyethwouldcementPfizer's

positionastheworld'sleadingdrugmaker.Pfizer'srevenuesin2008werejust

over$48billion.Thesewouldbeboostedtoover$71billioninacombinationwith

Wyeth.Pfizerclearlyreckonsthatgreaterscaleisananswernotonlyhelower

growthnheindustrybutlsototheparticularproblemshatitfaces."Big

pharma"haslongfeltthecompetitivebreathofgenericdrugcompanies.Inthenext

coupleofyearsthethreatwillintensifyasbillionsofdollarsworthofbranded

drugsaresettolosepatentprotection.25.Afterthemerger,Pfizerwillbecome

thelargestdrugmakerintheworld.

True

False

A:

答B(yǎng):案:A

26、【問答題】(英譯中)dollar-denominated

答案:以美元標(biāo)價(jià)的

27、【問答題】(英譯中)clientstate

答案:附屬國(guó)

28、【問答題】(英譯中)packinglist

答案:裝箱單

29、【問答題】(英譯中)generalizedsystemofpreferences

答案:普遍優(yōu)惠制

30、【問答題】(英譯中)debtservice

答案:還本付息

31、【問答題】(英譯中)tax-cut-inducedboom

答案:由減稅同發(fā)的繁榮

32、【問答題】(英譯中)barrier-freemarket

答案:自由市場(chǎng),無壁壘市場(chǎng)

33、【問答題】(英譯中)fiscalpackages

答案:財(cái)政一攬子計(jì)劃

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