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A market is commonly thought of as a place where commodities are bought and sold. Thus fruit and vegetables are sold wholesale a
A market is commonly thought of as a place where commodities are bought and sold. Thus fruit and vegetables are sold wholesale a
admin
2011-03-07
46
问题
A market is commonly thought of as a place where commodities are bought and sold. Thus fruit and vegetables are sold wholesale at Covent Garden Market and meat is sold wholesale at Smithfield Market. But there are markets for things【C1】______commodities, in the usual【C2】______. There are【C3】______estate markets, foreign exchange markets, labour markets, short-term capital markets, and so on; there may be a market for anything that has a price. And there may be no particular place to which dealings are【C4】______. Buyers and sellers may be【C5】______over the whole world and instead of actually meeting together in a market-place they may deal with one another【C6】______telephone, telegram, cable or letter.【C7】______dealings are【C8】______to a particular place, the dealers may consist wholly or in part of agents【C9】______instructions from clients far away. Thus agents buy meat at Smithfield【C10】______retail butchers all over England; and【C11】______on the London Stock Exchange buy and sell【C12】______on instructions from clients all over the world. We must therefore define a market as any area over which buyers and sellers are in such close touch with one another, either directly or through【C13】______,【C14】______the prices【C15】______in one part of the market affect the prices paid in other parts.
Modern means of communication are so rapid that a buyer can discover【C16】______by asking, and can accept it if he wishes,【C17】______he may be thousands of miles away. Thus the market for anything is,【C18】______, the whole world. But in fact things have, normally, only a local or national market.
This may be because nearly the whole demand is【C19】______in one locality. These special local demands,【C20】______, are of quite minor importance. The main reason why many things have not a world market is that they are costly or difficult to transport.
【C11】
选项
A、brokers
B、breakers
C、bribers
D、braziers
答案
A
解析
词汇题。词义辨析题。根据空格后面的London Stock Exchange(伦敦证券交易所)推断出从事这种交易的代理人是股票、债券等的经纪人,即broker。broker与break-er之间意义相差很大,没有什么必然的联系,breaker意为“破坏者”。briber“行贿者”。brazier“黄铜匠”。
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0
专业英语四级
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