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  3. Read this article about the effect of the Asian crisis on Latin American countries. Choose the correct word from A, B, C or D t

Read this article about the effect of the Asian crisis on Latin American countries. Choose the correct word from A, B, C or D t

admin2012-09-10  30
问题 Read this article about the effect of the Asian crisis on Latin American countries.
Choose the correct word from A, B, C or D to fill in each gap.
For each question 19—33, mark one letter A, B, C or D on your Answer Sheet.
There is an example at the beginning. (0).

    Latin American stocks fell for a second day on Friday in reaction to Asia’s currency and stock market crash. There were fears that the Asian crisis could (0) investors in other emerging markets.
    Argentina and Mexico 19 the highest falls, with their indexes down by 4 % by the 20 of trading on Friday. Brazil’s Bovespa index, which on the same day 21 by far the steepest plunge in the Americas, was down 2.9% .
    "What’s happening in Hong Kong has been a terrible 22 to the system," said Richard Watt, who 23 3. 5 billion dollars in emerging market investments for BEA Associates in New York. Investors in Brazil were concerned that its economic problems were dangerously 24 to those that have caused the currency and market plunges in Thailand, Malaysia and other Asian 25 .
    "Brazil’s economy is far from 26 ," said Ian Campbell, chief economist at ABN Amro Bank NV Amsterdam. "Its current account and fiscal 27 are large and its currency is overvalued." "There’s no 28 in trying to catch a falling knife," said Jane Heap, Latin American stock strategist at Deutsche Morgan Grenfell. "There’s no room for 29 in Brazil until the US and Asia get back to normal."
    There were also concerns that foreign investors who specialize in emerging markets could be 30 to sell their shares in Latin America to 31 their Asian losses.
    "There’s a lot of nervousness about whether investors will 32 their money out of stocks, because of instability in Asia." Said German Guerrero, chief trader at the Chilean brokerage Celfin SA.
    Chilean markets were down only 33 in afternoon trading. The Chile selective stock index fell 0.72% and the Chile general stock index was down 0.64% .
选项 A、stop
B、cancellation
C、close
D、collapse
答案C
解析 此句的indexes down by 4％by the 20 of trading on Friday中的indexes意为“股市的指数”，down by 4％意为“下降了4％”，trading意为“交易”，后面的by the——of意为“截止到……为止”。股市的指数计算应在收市之后得出结果，所以这里的截止时间应是“收市”。A．stop意为“停止，不再继续”，B．cancellation意为“取消、撤销”，C．close意为“关闭、结束”，D．collapse意为“崩溃、瓦解”。所以答案应为C．close。
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