(单词翻译:单击)
Passage 9
Most economists1 in the united States seemcaptivated by the spell of the free market. Conse-quently, nothing seems good or normal that doesnot accord with the requirements of the free market.(5) A price that is determined2 by the seller or, forthat matter, established by anyone other than theaggregate of consumers seems pernicious. Accord-ingly, it requires a major act of will to think ofprice-fixing (the determination of prices by the(10) seller) as both “normal” and having a valuableeconomic function. In fact, price-fixing is normalin all industrialized societies because the indus-trial system itself provides, as an effortless conse-quence of its own development, the price-fixing(15) that it requires. Modern industrial planningrequires and rewards great size. Hence,a comparatively small number of large firms willbe competing for the same group of consumers.That each large firm will act with consideration of(20) its own needs and thus avoid selling its productsfor more than its competitors charge is commonlyrecognized by advocates of free-market economictheories. But each large firm will also act withfull consideration of the needs that it has in(25) common with the other large firms competing forthe same customers. Each large firm will thusavoid significant price-cutting, because price-cutting would be prejudicial to the common interestin a stable demand for products. Most economists(30) do not see price-fixing when it occurs becausethey expect it to be brought about by a number ofexplicit agreements among large firms; it is not.
Moreover, those economists who argue that allowing the free market to operate without inter-(35) ference is the most efficient method of establishingprices have not considered the economies of non-socialist3 countries other than the United states.These economies employ intentional4 price-fixing,usually in an overt5 fashion. Formal price-fixing(40) by cartel and informal price-fixing by agreementscovering the members of an industry are common-place. Were there something peculiarly efficientabout the free market and inefficient6 about price-fixing, the countries that have avoided the first(45) and used the second would have suffered drasticallyin their economic development. There is no indica-tion that they have.
Socialist industry also works within a frame-work of controlled prices. In the early 1970‘s,(50) the Soviet7 Union began to give firms and industriessome of the flexibility8 in adjusting prices that amore informal evolution has accorded the capitalistsystem. Economists in the United States havehailed the change as a return to the free market.(55) But Soviet firms are no more subject to pricesestablished by a free market over which theyexercise little influence than are capitalist firms;rather, Soviet firms have been given the power tofix prices.
1. The primary purpose of the passage is to
(A) refute the theory that the free market plays auseful role in the development of industrializedsocieties
(B) suggest methods by which economists and members of the government of the United States canrecognize and combat price-fixing by large firms
(C) show that in industrialized societies price-fixing andthe operation of the free market are not onlycompatible but also mutually beneficial
(D) explain the various ways in which industrializedsocieties can fix prices in order to stabilize9 the free market
(E) argue that price-fixing, in one form or another, is aninevitable part of and benefit to the economy of anyindustrialized society
2. The passage provides information that would answer which of the following questions about price-fixing?
Ⅰ.What are some of the ways in which prices can be fixed11?
Ⅱ. For what products is price-fixing likely to be more profitable that the operation of the free market?
Ⅲ.Is price-fixing more common in socialistindustrialized societies or in nonsocialistindustrialized societies?
(A) Ⅰonly
(B) Ⅲ only
(C) Ⅰand Ⅱonly
(D) Ⅱand Ⅲ only
(E) Ⅰ,Ⅱ,and Ⅲ
3. The author‘s attitude toward “Most economists in the United States”(line 1) can best be described as
(A) spiteful and envious12
(B) scornful and denunciatory
(C) critical and condescending13
(D) ambivalent14 but deferential15
(E) uncertain but interested
4. It can be inferred from the author‘s argument that a price fixed by the seller “seems pernicious”(line 7)because
(A) people do not have confidence in large firms
(B) people do not expect the government to regulate prices
(C) most economists believe that consumers as a group should determine prices
(D) most economists associate fixed prices with communist and socialist economies
(E) most economists believe that no one group should determine prices
5. The suggestion in the passage that price-fixing in industrialized societies is normal arises from the author‘s statement that price-fixing is
(A) a profitable result of economic development
(B) an inevitable10 result of the industrial system
(C) the result of a number of carefully organized decisions
(D) a phenomenon common to industrialized and nonindustrialized societies
(E) a phenomenon best achieved cooperatively bygovernment and industry
6. According to the author, price-fixing in nonsocialist countries is often
(A) accidental but productive
(B) illegal but useful
(C) legal and innovative16
(D) traditional and rigid17
(E) intentional and widespread
7. According to the author, what is the result of the Soviet Union‘s change in economic policy in the 1970’s
(A) Soviet firms show greater profit.
(B) Soviet firms have less control over the free market.
(C) Soviet firms are able to adjust to tech nological advances.
(D) Soviet firms have some authority to fix prices.
(E) Soviet firms are more responsive to the free market.
8. With which of the following statements regarding the behavior of large firms in industrialized societies would the author be most likely to agree?
(A) The directors of large firms will continue to anticipate the demand for products
(B) The directors of large firms are less interested in achieving a predictable level of profit than in achieving a large profit.
(C) The directors of large firms will strive to reduce the costs of their products
(D) Many directors of large firms believe that the government should establish the prices that will be charged for products
(E) Many directors of large firms believe that the price charged for products is likely to increase annually18.
9. In the passage, the author is primarily concerned with
(A) predicting the consequences of a practice
(B) criticizing a point of view
(C) calling attention to recent discoveries
(D) proposing a topic for research
(E) summarizing conflicting opinions
1 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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2 determined | |
adj.坚定的;有决心的 | |
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3 socialist | |
n.社会主义者;adj.社会主义的 | |
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4 intentional | |
adj.故意的,有意(识)的 | |
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5 overt | |
adj.公开的,明显的,公然的 | |
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6 inefficient | |
adj.效率低的,无效的 | |
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7 Soviet | |
adj.苏联的,苏维埃的;n.苏维埃 | |
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8 flexibility | |
n.柔韧性,弹性,(光的)折射性,灵活性 | |
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9 stabilize | |
vt.(使)稳定,使稳固,使稳定平衡;vi.稳定 | |
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10 inevitable | |
adj.不可避免的,必然发生的 | |
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11 fixed | |
adj.固定的,不变的,准备好的;(计算机)固定的 | |
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12 envious | |
adj.嫉妒的,羡慕的 | |
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13 condescending | |
adj.谦逊的,故意屈尊的 | |
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14 ambivalent | |
adj.含糊不定的;(态度等)矛盾的 | |
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15 deferential | |
adj. 敬意的,恭敬的 | |
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16 innovative | |
adj.革新的,新颖的,富有革新精神的 | |
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17 rigid | |
adj.严格的,死板的;刚硬的,僵硬的 | |
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18 annually | |
adv.一年一次,每年 | |
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