首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Security and commodity exchanges are trading posts where people meet who wish to buy or sell. The exchanges themselves do no tra
Security and commodity exchanges are trading posts where people meet who wish to buy or sell. The exchanges themselves do no tra
admin
2012-01-19
81
问题
Security and commodity exchanges are trading posts where people meet who wish to buy or sell. The exchanges themselves do no trading; they merely provide a place where prospective buyers and sellers can meet and conduct their business.
Wall Street, although the best known, is not the only home of exchanges in the United States. There are the cotton exchanges in New Orleans and Chicago; the Mercantile Exchange, which deals in many farm products, in Chicago; and grain exchanges in many of the large cities of the Midwest. Some exchanges, like the Chicago Board of Trade, provide market services for several kinds of products. These trading posts where products may be bought or sold are called commodity exchanges.
The security exchanges, on the other hand, are meeting places where stocks and bonds are traded. Like the commodity exchanges, they help serve the economic life of the country. But when their operations get out of hand, they may become very dangerous. In 1929, the security exchanges, or stock market, contributed to a crash-a sudden, sharp decline in the value of securities. Many people lost fortunes; many corporations were bankrupted; many workers lost their jobs. The Crash of 1929 has been attributed to many causes, among them were wild and unwise speculation by many people and dishonest practices on the part of some businessmen and of some members of the exchanges.
Today, however, investing through security exchanges and trading on commodity exchanges have been made safer by regulations set up by the exchanges themselves and by regulations of the United States government. In 1922, the government instituted the Commodity Exchange Commission which operates through the Department of Agriculture; and in 1934, the Securities and Exchange Commission, to protect investors and the public against dishonest practices on the exchanges.
Which of the following is implied but not stated?
选项
A、Some exchanges provide market services for several products.
B、The role of the government has been an important factor in curbing dishonest practices on the exchanges.
C、Investing in securities is unwise.
D、Buying and selling grain is dishonest.
答案
B
解析
转载请注明原文地址:https://kaotiyun.com/show/gfxd777K
本试题收录于:
公共英语四级笔试题库公共英语(PETS)分类
0
公共英语四级笔试
公共英语(PETS)
相关试题推荐
Greenspacefacilitiesarecontributingtoanimportantextenttothequalityoftheurbanenvironment.Fortunatelyitisnolon
Opinionpollsarenowbeginningtoshowanunwillinggeneralagreementthat,whoeveristoblameandwhateverhappensfromnowo
Thequestionofwhetherwarisinevitableisone,whichhasconcernedmanyoftheworld’sgreatwriters.Beforeconsideringthis
Themorewomenandminoritiesmaketheirwayintotheranksofmanagement,themoretheyseemtowanttotalkaboutthingsforme
Whenitcomestogenderrolesinfamilies,itseemsthemorethingschange,themoretheystaythesame.Forthefirsttime,the
Menhavedistinguishedthemselvesfromotheranimals,andindoingsosecuredtheirsurvivalbytheabilitytoobserveandunder
ThedivorcerateinAmericahasreached
WhatisthehandingcapacityofTianjinport?
Walking—likeswimming,bicyclingandrunning—isanaerobicexercise,【B1】______buildsthecapacityforenergyoutputandphysica
Manypeoplewanttobecomefamous,butdon’tknowhow.HereI’dliketotellabouthowtobecomeknownorgetclosertopeople.
随机试题
不属于Ⅰ型超敏反应特点的是
A.消渴方B.玉女煎C.六味地黄丸D.金匮肾气丸E.知柏地黄丸妊娠合并糖尿病胃热炽盛证的治疗方剂为
1位4位
某工程建设项目,业主与施工单位签订了施工合同,其中规定,在施工过程中,如因业主原因造成窝工,则人工窝工费和机械的停工费可按工日费和台班费的60%结算支付。业主还与监理单位签订了施工阶段的监理合同。合同中规定监理工程师可直接签证、批准5天以内的工期延期和1万
某老师未经学生允许私自将学生的作文编人自己编著的优秀作文集,对该老师的做法叙述正确的是()
经过几个月的学习,使大家熟练掌握了使用电脑的技术。
构建社会主义和谐社会的重点是()。
在一个品牌鞋专卖店中,某系列的鞋子销售价为每双320元,进价为每双180元。现欲推出促销活动,但要求利润率不低于15%,那么最多能打几折出售?()
学生因“凹透镜”知识掌握不好而影响了“凸透镜”知识的学习。这种迁移现象是()。
请在“答题”菜单中选择相应的命令,并按照题目要求完成下面的操作。注意:以下的文件必须保存在考生文件夹下。请根据提供的”ppt素材及设计要求.docx”设计制作演示文稿,并以文件名“ppt.pptx”存盘,具体要求如下:1.演示
最新回复
(
0
)