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  3. 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

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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.
【C4】
选项 A、conferred
B、conducted
C、condensed
D、confined
答案D
解析 篇章题。上下文理解题。此句讲交易场所的变数。既然市场三要素之一的商品出现了新情况，那么另一要素——交易场所的变数也随之出现。而后一句讲到千里之外的买卖双方不用聚集一地也可通过电话等现代通信手段进行交易，当然就是“交易不用局限于某一地点”.confine“限制，局限”，常与介词to搭配使用，如：The sick child was confined to bed．这个生病的小孩卧床不起。／Please confine your remarks to the issues at hand．请你把谈话局限在手头的问题上。因此，confine符合题意，为正确答案。confer含义为“协商，授予……”与介词on或upon搭配，如：confer a medal on／upon sb．授予某人以勋章／confer with sb．on／about sth．与某人协商某事。con-duct指“表现，为人”，如：She conducted herself stoically in her time of grief．她悲伤时，表现得出奇的冷静。condense“精简，浓缩”，如：condensed milk炼乳。
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