2021年度公共英语考试模拟练习卷新整理版.docVIP

公共英语考试真题卷 本卷共分为1大题50小题，作答时间为180分钟，总分100分，60分及格。 严格遵守考试纪律，维护考试秩序！ 一、单项选择题（共50题，每题2分。每题的备选项中，只有一个最符合题意） 1. {{I}} Questions 14 to 16 are based on a passage on plastic tax. You now have 15 seconds to read Questions 14 to 16.{{/I}} How did plastic industry respond to Lalonde’s petition A．They don’t think it will impact their production.B．They support the idea of plastic tax.C．They feel anxious that people won’t pay for bags.D．They argue that tax is not the ultimate solution. 参考答案：D 2.{{B}}Text 3{{/B}} When investors get twitchy, developing countries are usually the first to pay the price. The current sell-off may be even more dangerous because it follows a recent bout of exuberance. It is possible that some emerging markets could be among the worst casualties of the latest wave of risk aversion. In particular, it is time to worry about some of the beneficiaries of the carry trade.The trade assumes that markets are irrational. Investors who succumb to its lure borrow in low-yielding currencies and invest in higher-yielding assets. In theory, the long-term expected return from a currency carry trade should be zero, since the assets should only be offering a higher yield because of their higher risk. In practice, however, investors have been making money from the carry trade for years. This may well be due to the Great Moderation in the world economy. In many countries both growth and inflation have been more stable than expected. Economies with a poor inflation record have thus tended to overcompensate investors for the risk they have taken.But the carry trade has also allowed some countries to get away with economic policies that they might never have dreamed of in the 1980s. Latvia and Iceland have been running current- account deficits of 25-30% of GDP without suffering a currency crisis. Turkey has been another beneficiary. Its current-account deficit has not hit the Icelandic extreme hut, at around 7.5% of GDP, it is still a gaping hole. However, short-term inter