题目
A.collaborate
B.compete
C.practice
D.work
第1题
第2题
第4题
Although the official denied any possible joint ventures with foreign players, () said the entry of more foreign tobacco is inevitable.尽管这个官员否认了与外国烟草业同行建立合资企业的可能性,但业内人士称更多的外国烟草涌进中国是不可避免的。
A、insiders
B、inside
C、outside
D、ourtsiders
第5题
These joint ventures earn big profits and also help () the furniture industry in the United States. 这些合资企业赢得了巨大的利润也促进了美国家具业的发展。
A、boost
B、boom
C、bush
D、boat
第6题
such as, set up, as well as, who, opportunities, contact, carry, facilitate, assist, with
Foreign Economic Relations & Trade Committee of Dalian City
Address: 108 zhongshan Road, Xigang District, Dalian, Liaoning, China.
Tel : 8198888 Fax : 8881999
To: Ms Jaana Pekkala, Consultant for China Swiss Organization for Facilitating Investments Fax: +41-1-2493133
Total pages of this fax : 2
Dear Ms Jana Packable,
We understand from the Swiss Business Guide for China that your organization is helping Swiss firms in seeking(1)of investing in China and business cooperating with Chinese partners.To establish business relations(2)your organization and attract Swiss companies' investment here in Dalian, We write to introduce our city, the city of Dalian, as one of the open cities in Liaoning Province, China and also ourselves, Foreign Economic Relations & Trade Committee of Dalian, as a Dalian government initiative to(3)business relationship with foreign companies.
Our committee provides advice and assistance to Dalian firms seeking to export their services, goods to foreign areas and import goods and services abroad.We also(4)Dalian firms in establishment of joint ventures and(5)the procedures for examination and approval of joint ventures and foreign sole investment firms.Our committee can provide Dalian companies with information on the world market and specific commercial opportunities(6)organize trade missions, seminars and business briefings.
Our committee facilitates and encourages investment from other countries into targeted sectors of Dalian economy and maintains active promotion of Dalian through its network of contacts in domestic and abroad areas.
Nowadays, we are seeking foreign investment in the field of capital construction,(7)improving of tap water system and highway construction.Also, we are setting up a tannery zone in Tong'erpu, the largest leather clothes producing and wholesaling base in North China.We invite Swiss companies with most favorable polices to(8)their firms in any form on tanning, leather processing and sewage treatment.
Any information on investment projects into Dalian and on business cooperation with firms in Dalian is highly appreciated and will be passed on to anyone(9)ave approached us with interest in similar project.You are also invited to our city for investigation and business tour.
Should you have any questions, please feel free to(10)us.
Thank you for your attention and looking forward to your prompt reply.
Sincerely yours,
Qiming Di
Commercial Assistant
For Foreign Economic Relations & Trade Committee of Dalian City
第7题
Legend has it that the first credit card was born in 1950 over lunch at a Manhattan restaurant when Alfred Bloomingdale and his colleague Francis McNamara dreamed up the idea of creating a third party to cover checks at restaurants. They called it Diners Club. But the scheme faced a "chicken-and-egg problem". Consumers didn' t want thE card until stores accepted it, and merchants wouldn't accept it until consumers carried it.
To solve the problem, and to work around federal laws that prevented banks from operating across state lines, banks joined together to form. "network joint ventures", such as Visa and MasterCard. Under these arrangements, some member banks recruited (征募)consumers, others recruited merchants. The banks on both ends earned fees, and they shared the costs of maintaining the networks.
Because of an antitrust(反托拉斯的,反垄断的) dispute(争论) twenty-five years ago, Visa allows its member banks to join up with MasterCard as well. But it refuses to allow them to collaborate with any other network. The Justice Department is less appreciative. In October 1998-shortly before Paying with Plastic went to press-the government charged Visa and MasterCard with violating the Sherman Antitrust Act. (Wal-Mart and a group of big retailers have filed a related suit, charging that Visa and MasterCard have colluded (勾结)tokeep fees on their debit cards (借记卡) unfairly high .The trouble is that today Visa and MasterCard have pretty much the same member banks. Do two ventures with the same owners really have an incentive (动机) to compete?
According to the government' s complaint, in 1987 MasterCard was prepared to introduce the first "smart card" -a card with an integrated circuit that could store personal data. But MasterCard's board ref used to proceed without Visa's go-ahead. Today both brands are still developing a smart card, sharing information all the while. The situation doesn't exactly encourage competition. As Visa International's president and chief executiveput it in an unguarded moment in 1992, "If you have got one foot firmly placed on both sides of the street, who cares?"
Some people insist that the Visa-MasterCard partnership does not harm competition or innovation. They point to Visa and MasterCard's rival advertising campaigns and to Citibank' recent decision to switch its primary allegiance (效忠) from Visa to MasterCard because only MasterCard would aIlow it to relegate the network insignia to the back of its plastic cards. The reason no one has introduced smart cards, says Evans, is because the chip(芯片) technology is too expensive. "It is a silly argument," he says. "The Justice Department is trying to fix something that isn' t broken. This industry is extraordinarily successful. "
Indeed, however the case turns out, the most popular complaint against the consumer credit business is likely to remain what it was a century ago: The industry succeeds all too well at putting expensive credit in the hands of weak-willed shoppers.
36.The phrase "chicken-and-egg problem" in paragraph I most probably means ___________.
A.consumers didn' t want the card until stores accepted it
B.merchants wouldn' t accept it until consumers carried it
C.both consumers and merchants are very important
D.it is hard to say which side should take the initial step
37.According to the text, which of the following may be considered as Visa's violation of the Antitrust Act? ___________.
A.Allowing its member banks to join up with MasterCard.
B.Keeping fees on their debit cards unfairly high.
C.Developing a smart card, sharing information all the while.
D.Sharing the costs of maintaining the networks.
38.Which of the following is NOT true of a "smart card"? ___________.
A.It was officially issued 1987.
B.It contains an integrated circuit.
C.1t could store personal da ta.
D.It is being developed by both Visa and MasterCard.
39.Why are people reluctant to accept smart cards according to Evans? ___________.
A.Because it is too popular.
B.Because it is too inconvenient.
C.Because the chip itself is too expensive.
D.Because the cost to produce the chip is too expensive.
40.The best title for the text may be___________.
A.Legend of the First Credit Card
B.A "Chicken-and-egg Problem"
C.Credit Card and Its Problems
D.Miraculous Credit Card
第8题
Which of the following transaction is not included in Chinese balance of payments?
A.Bond transaction with Citibank.
B.Service transaction between local enterprise and Sino-foreign joint company incorporated in China.
C.Capital inflow to Beijing subsidiary of Swiss multinationals.
D.Loan from IMF.
第9题
Explain the meaning of a Nash equilibrium when firms are competing with respect to price. Why is the equilibrium stable? Why don't the firms raise their prices to the level that maximizes joint profits?
第10题
To which of the following is the author likely to agree?
A A now boom, on the horizon.
B Tighten the belt, the single remedy.
C Caution all right, panic not.
D The more ventures, the more chances.
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