[单项选择]The effect of higher oil prices has been substantially offset by the recent yen appreciation.
A. represented
B. increased
C. cancelled out
D. paid

[单项选择]The effect of higher oil prices has been substantially {{U}}offset{{/U}} by the recent yen appreciation.
A. represented
B. increased
C. cancelled out
D. paid

[单项选择]The rise in stock prices has been driven largely by improvements in the economy, principally rising ______ profits, falling inflation, and falling interest rates.
A. corporate
B. correspond
C. corroborate
D. corrode

[单项选择]The wholesaler obtains higher selling prices for ______.
A. small parcels he sells
B. goods he buys in bulk
C. the service he provides
D. the information he offers

[单项选择]Business in this area has been______because prices are too high.
A. prosperous
B. secretive
C. slack
D. shrill

[单项选择]Oil prices rose yesterday among market fears that the Panamanian crisis could hit US crude oil supplies．
A. 昨天石油价格大幅上涨，引起了市场的恐慌，这次的巴拿马的危机会打击美国的原油供应。
B. 在市场的恐慌之中，昨天石油价格大幅上涨，如此一来，巴拿马的危机会阻断美国的原油供应。
C. 石油的价格昨天大幅度上涨，人们担心巴拿马危机会打击美国的原油供应。
D. 石油的价格昨天大幅度上涨，市场恐慌的是：巴拿马危机直接威胁到美国的原油供应。

[单项选择]

High oil prices have not yet produced an economic shock among consuming countries, but further rises, especially sharp (1) , would undoubtedly hurt the world economy, and (2) would inevitably harm producers, too. Beyond this obvious point, (3) , higher prices could even do harm to both oil firms and producers.
Big oil firms (4) rolling in money today, but that disguises the fact that their longer-term prospects are (5) . Behind the reserves-accounting scandal at Royal Dutch/ Shell (6) a problem bedevilling all of the majors: replacing their dwindling reserves. (7) existing fields in Alaska and the North Sea are rapidly declining, OPEC countries and Russia are (8) them out. (9) they are to survive in the long term, the big oil firms must embrace other sources of energy (10) oil.
(11) it is to believe, higher oil prices could be bad news for producing countries (12) . Political leade
A. verify
B. purify
C. diversify
D. multiply

[单项选择]According the report, the rising oil prices indicate ______.


A. the world is short of oil reserves
B. the global economy is booming
C. the demand for oil has surpassed the supply
D. the oil quality is going down

[单项选择]Up till Monday, the stock prices have been down for about


A. 1 year.
B. 70 days.
C. 3 months.
D. 8 weeks.