PETS全國職稱英語等級考試樣題―(財經類)
發布時間：2013-11-04 共4頁
第四部分 概括大意 (20分)
給下面一篇文章的每一段概括大意。每一段的主題用一個或幾個單詞表示，空出的詞已給出了第一個字母，請把其余字母補全。
31. F abundance and Price Rising
The long years of food shortage in this country have suddenly give
way to apparent abundance. Stores and shops are choked with food. Rationing (定
量供應) is virtually suspended (暫停), and overseas suppliers (供應商) have
been asked to hold back deliveries. Yet, instead of joy, there is wide-spread
uneasiness and confusion. Why do food prices keep on rising when there seems to
be so much more food about? Is the abundance only temporary, or has it come to
stay? Does it mean that we need to think less now about producing more food at
home? No one knows what to expect.
32. Rea
The recent growth of export surpluses on the world food market has
certainly been unexpectedly great, partly because a strange sequence of two
successful grain harvests in North America is now being followed by a third.
Most of Britain’s overseas suppliers of meat, too, are offering more this year
and home production has also risen.
33. E of Food Situation
But the effect of all this on the food situation in this country has
been made worse by a simultaneous rise in food prices, due chiefly to the
gradual cutting down of government support for food. The shops are overstocked
(存貨過多) with food out only because there is more food available, but also
because people, frightened by high prices, are buying less of it.
34. Fa of World Prices
Moreover, the rise in domestic prices has come at a time when world
pries have begun to fall with the result that imported food, with the exception
of grain, is often cheaper than the home-produced variety. And now grain
prices, too, are falling. Consumers are beginning to ask why they should not be
enabled to benefit form this trend.
35. The Res of Farmers Fear
The significance of these developments is not lost on farmers. The
older generation have seen it all happen before. Despite the present price and
market guarantees, farmers fear they are about to be squeezed between cheap
food imports and a shrinking home market. Present production is running at 51
per cent above pre-war levels, and the government has called for an expansion
to 60 per cent by 1956; but repeated Ministerial (內閣的) advice is carrying
little weight and the expansion programme is not working very well. 第五部分 閱讀理解 (120分)
Passage 1
There are striking differences between financial markets on the
Continent of Europe on the one hand, and in Britain on the other. In Britain,
the market is really the City of London. It is a free market: and it controls
most of the flow of savings to investment. On the Continent, either a few banks
or government institutions dominate the money markets. In France and Italy, for
example, government bureaucrats (官僚) direct the flow of funds to suit their
economic plans. In
Britain there is more free interplay (相互作用) of market forces and far fewer
regulations, rules and "red tape". A French banker summed it up this way : " On
the Continent you can’t do anything unless you’ve been old you can; in England
on the other hand you can do everything as long as you haven’t been told not
to."
There are many basic reasons for these differences. One is that
Continental savers (儲蓄者) tend to prefer gold, cash or short-term assets.
They invest only 10% of their savings in institutions like pension funds or
insurance companies. But in Britain 50% of savings goes to them, and they, in
turn, invest directly in equity (證券) market. A far lower proportion of
savings is put in the banks in the form of liquid assets than on the Continent.
Continent governments intervene directly or through the banks to collect
saving together and transform them into medium or long-term loans for
investment. The equity market is largely by-passed. On the Continent economic
planning tends to be far more centralized (把……集中起來) than in Britain. In
Britain it is possible to influence decisions affecting the country’s economy
from within the City. It attracts a skilled and highly qualified work force. In
France, on the other hand, an intelligent young man who wants a career in
finance would probably find the civil service more attractive.
In Britain the market or more accurately, money tends to be regarded
as an end in itself. On the Continent it is regarded as a means to an end;
investment in the economy. To British eyes continental systems with the
possible exception of the Dutch seem bureaucratic (官僚主義的), slow and
inefficient. But there is one outstanding fact the City should not overlook.
Britain’s growth rates and levels investment over the last ten years have been
much lower than on the Continent. There are many reasons of this, but the City
must take part of the blame. If it is accepted that the basic function of a
financial market is to supply industry and commerce with finance in order to
achieve desired rates of growth, it can be said that by concentrating on the
market for its own sake the City has tended to forget that basic function.
36. What is the best title for the passage?
○A. Reasons behind the difference.
○B. Banking and Finance: a Basic Difference in Attitudes.
○C. Monetary Policy in
○D. The European Continent and
37. What seems to be the most basic reason for this difference?
○A. The British tend to regard money as an end, whereas Continental European
consider it a means to an end.
○B. The British invest only 10% of their savings in pension funds.
○C. On the Continent you can’t do anything unless you have been told you can.
○D. Intelligent young men who want a career tend to go to civil service in the
Continent.
38. According to the passage, the Dutch way of finance and banking ________.
○A. is similar to that of the French
○B. makes no difference whatever system it follows
○C. is perhaps resembling that of the British
○D. has a low efficiency
39. The word "striking" in Line 1 means ________.
○A. beating
○B. surplus
○C. noticeable
○D. seemingly
40. In what way does the Continental system seem better?
○A. The Continent maintains a higher growth rate and levels of investment.
○B. It has less proportions of savings in the form of liquid assets.
○C. It attracts intelligent young men.
○D. It functions properly despite the fact that the British discount it. Passage 2
Insurance in respect of the property will be effected by the Society
in accordance with the Rules and the mortgage conditions with such insurance
companies as the Society
insurance companies and of the terms offered by their policies, and places
insurance with many companies who are able to provide the cover which and if so
please contact immediately the Branch Office to which you submitted your
application for loan, and so long as that company and its terms are acceptable
to the Society cover will be arranged accordingly. If you should suggest a
company and it is not one with which the Society does business you will be
informed and offered a choice of other companies. You may request a change of
insurance company at any time during the life of the mortgage. If your mortgage
is under the endowment (損贈) scheme or supported by an insurance guarantee or
if the documents of title specify the company to be used it may not be possible
to accept your choice.
The initial sum insured will be the figure shown under the
heading "Amount of Property Insurance" in the Details of Loan. This figure is
the amount recommended by the Society’s valuer (估價者), as his estimate of the
replacement cost of the building at the date of valuation, unless some other
amount has been agreed in writing between you and the Society. No guarantee is
given or implied that the amount of insurance will cover complete loss.
You are reminded that the market value of your property bears no
relationship to the cost of replacement. The amount for which property is
insured therefore represent not less than the cost, at the time of repair or
replacement, of rebuilding all the property covered in the same materials,
form, style and condition as when it is new. It should also include any
architects, surveyors and legal fees which may be payable, and any costs which
may be incurred in complying with the requirements of the Local authority and
in removing debris (碎片), etc. The term "property" includes domestic
outbuilding, garages, walls, landlords’ fixtures (固定裝置) and furniture, etc.
But excludes the value of the land.
The market value of house is therefore likely to be less than the
cost of rebuilding, especially if the property is elderly (年久的). Even if the
property is recently built, the work involved in reinstatement (復原) will be
more expensive than the building cost which can be achieved by a builder
building on an estate basis.
41. The passage appears to be from __________.
○A. an advertisement
○B. an information booklet
○C. a newspaper article
○D. a formal speech
42. The tone of this passage could best be described as ___________.
○A. academic
○B. formal
○C. light-hearted
○D. subjective
43. According to the passage if the customer suggests an insurance company
________.
○A. it is impossible to change that company later on
○B. the Building Society will provide a list of alternative companies
○C. the Building Society will not accept responsibility for the policy
○D. the Building Society may not be able to agree to that company
44. The passage states that when you insure your property _________.
○A. you should not take the land value into account
○B. you should use the market value as a guide
○C. you should take the advice of your Local Authority
○D. garages and garden sheds are not usually included
45. The passage implies that rebuilding a property costs more than its market
value __________.
○A. only if the property is old
○B. particularly if the property is new
○C. whatever the age of the property
○D. because of rising building costs
第六部分 完形填空 (30分)
根據短文在空白處填上適當的單詞，該單詞的第一個字母已經給出。
The interest paid by stocks rises and falls w 46 the economy. During
times when the cost of living is rapidly becoming greater, s 47 are usually
a better investment than bonds. This is b 48 they pay a much higher
interest rate than d 49 bonds under these conditions. When economic
conditions are not good, h 50 bonds are generally a better investment. This is
because the interest paid b 51 bonds in fixed at a certain rate when they are
issued the does not c 52 . Because of the relationship between the economy
a 53 the performance of stocks and bonds, when people are not sure a 54
economic conditions, they may hesitate before buying anything. They prefer to
wait a 55 see what happens to the prices and rates of interest of stocks
and bonds before investing their money.
