BỘ GIÁO DỤC VÀ ĐÀO TẠO ĐỀ THI HỌC PHẦN II

TRƯỜNG ĐẠI HỌC KINH TẾ QUỐC DÂN

................................ĐỌC HIỂU...............................
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KHOA: NGOẠI NGỮ KINH TẾ Ngày thi: 2.12.2021 Ca thi: 2

Bộ môn: NGOẠI NGỮ KHÔNG CHUYÊN Thời gian làm bài: 60 phút

Section 1: VOCABULARY
1.Economics is the study of how people….............
A. Calculate their income tax
B. Respond to war and drought
C. Choose from limited resources to meet their needs
D. Gains knowledge and skills from study and experience
2.When people need to make economic choices due to a lack of available goods and money, this is called………………. in economic terms.
A. shortage B. alternative C. trade offs D. opportunity cost
3.Which odd the following is NOT one of the three basic questions of economics when looking at economic system?
A. What goods should be produced? B. How should the goods be produced?
C. What is the price of the goods? D. Who gets to consume the goods?
4.What is the fundamental problem of economics?
A. How to keep consumers out of debt
B. How to fulfill our unlimited wants and needs with limited resources
C. How to figure out the way to make the most money
D. How do we ensure all people get a college education
5.The measurement of all final goods and services produced within a country in a given period of time is……
A. GDP B. GNP C. Production output D. None of the above
6.The …… is the value of all final goods and services owned by a country’s residents over a period of time.
A. GDP B. GDP Per Capita C. GDP Growth Rate D.GNP

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7.The amount of value an item or a service has in relation to if it was sold for cash to a willing buyer is ……
A. Monetary value B. Purchasing power C. Growth rate D. Inflation
8……are goods or services consumed by the end user and do not require any further processing.
A. Output B. Intermediate goods or services C. Final goods or services D. None of the above
9.During business cycles the opposite of a trough is ….
A.an inflation B. a hyperinflation C. a trend D. a peak
10.The four phases of the business cycle are……….
A. Peak, contraction, trough and expansion B.Peak, recession, trough and expansion
C.Peak, depression, trough and expansion D.Peak, depression, contraction and expansion
11.Which of the following describes the phase of business cycle that occurs after a trough and before a peak?
A. Lag B.Expansion C.Contraction D.Consolidation
12.Which of the following marks the beginning of a contraction in the business cycle?
A.Recession B.Expansion C.Trough D.Peak
13………………. occurs when the equilibrium price is higher than the market price
A. surplus B. shortage C. excess demand D. equilibrium
14.When the price is below the equilibrium price, the quantity demanded exceeds ……………….
A. equilibrium price B. equilibrium quantity
C. demand D. supply
15.When quantity supplied is less than the equilibrium quantity, it means the market price is lower than ……………….
A. equilibrium price B. quantity demanded
C. demand D. quantity supplied
16.When quantity supplied exceeds quantity demanded, ……………….is created within the economy
A. equilibrium level B. surplus
C. excess demand D. shortage
17.The Federal Reserve controls the growth rate of the money supply through ………………….
A. fiscal policy B. monetary policy C. public policy D. defense policy
18.Which of the following best describes the goal of Monetary Policy?
A. controlling taxes
B. controlling the national debt
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 C. controlling the money supply
D. stopping inflation
19.Which of the following pairs best fit with fiscal policy?
A. Open market operations and government spending
B. Open market operations and reserve requirement
C. Taxes and open market operations
D. Taxes and government spending
20.Which of the following does not involve government spending?
A. Jim purchases a new car.
B. Sally receives social security.
C. Scott is in the navy.
D. Joey works for a defense contractor.

Section 2: READING COMPREHENSION

PART I: Read the following text
What whistleblowers should know
The House of Commons Treasury Committee has been examining the management of UK banks leading up to the banking crisis. In evidence
to the committee, Paul Moore spoke publicly for the first time of his warnings three years ago to HBOS, the UK bank, that it was expanding too fast.
Mr. Moore’s evidence to the committee quickly led to the resignation of Sir James Crosby as Deputy Chairman of the Financial Services
Authority, the regulator of the UK banking industry. It was Sir James, at that time HBOS Chief Executive, who had forced Mr. Moore out of his job
at the bank.
Few whistleblowers enjoy such sweet revenge. The Government Accountability Project, a US organization that supports whistleblowers, has
a message for anyone else thinking of exposing an employer’s wrongdoing: think hard before you do because you are going to suffer. It warns that
whistleblowers ‘pay an enormous professional and personal price for their actions – often a price they did not expect. Long after the public has
forgotten your brave actions, your former bosses will remember what you did to them.’
Mr. Moore was in a far stronger position to blow the whistle than most. He was not just any HBOS employee. He was Head of Group
Regulatory Risk. That meant that it was his job to point out the risks the bank was running. HBOS made him redundant after a restructuring. He sued

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for unfair dismissal under whistleblower protection laws and reached a ‘substantial’ settlement. He had agreed to a gagging order that prevented him
talking publicly about what had happened, but gagging orders against whistleblowers have no force under the UK’s Public Interest Disclosure law.
Whistleblowers are essential in pointing out cases of corruption or incompetence, but they need to know how to go about it. Whistleblowers
can be extremely bitter about their experiences. The Government Accountability Project recognizes the dangers. It advises whistleblowers on how to
deal with the media: ‘Do not talk about all the injustices you have been through. Be an advocate for the story, not for yourself.’
Mr. Moore followed that advice, which is why his intervention at the Treasury committee was so devastating. But he made plenty of enemies
along the way. A previously unpublished review of his departure by accountants KPMG accused him of ‘starting matters in an overly dramatic way’.
Mr. Moore’s response: ‘Well, they would say that, wouldn’t they?’
The first lesson of whistleblowing is that people will try to discredit you so, hard as it is, keep your cool. The second is: after every discussion,
email a note repeating your concerns. The lesson for corporate management is even clearer. When you start receiving polite emails telling you the
company is doing something wrong, pay attention. You may see the same words in a parliamentary report.
Answer the following questions. Write your answers on the Answer Sheet.
1. What did Paul Moore warn HBOS management about three years ago?
2. What happened to him?
3. What happens to most whistleblowers?
4. When is an employee likely to need supports from the Government Accountability Project?
5. What should be done to be an effective whistleblower?

PART II: Read the following text

Learning Vacations
A couple spends a week in Thailand learning to cook in the local style. A group flies to Turkey to join an ongoing archeological dig for the
summer. A history professor leads a tour of historical sites of Europe.
The participants in these trips are all enjoying a different kind of travel: learning vacations. Rather than spending their vacations relaxing on a
beach or taking a bus tour of ten cities in eight days, they have opted to enjoy their time off by learning something new. From attending summer
camps for adults to studying botany in the rain forest, people everywhere are experiencing the value of a vacation with a purpose. According to
surveys, close to one-third of travelers each year choose learning programs over other types of vacations, and their numbers are growing.

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 In the past, these types of vacations were generally considered to be for young people still in school. A student of French might spend the
summer studying that language in Paris. A marine biology major could learn to scuba dive and spend a few months at sea assisting researchers. Now,
it has become common for adults, too, to spend their vacation time in educational endeavors, and various types of travel programs have grown up
around this interest.
Art schools and writing programs sponsor trips to interesting parts of the world. Trip participants hone their creative skills under the supervision
of professional artists and writers while at the same time enjoying, for example, the warm breezes of the Caribbean islands or the colorful villages of
Spain. Cooking is a popular hobby, and tour companies have developed trips that focus on the cuisine of different regions of the world. Travelers may
learn all about how traditional meals are prepared and what ingredient are used. Or, for those who want to improve their abilities in the kitchen, they
may actually receive hands-on lessons, acquiring new skills that they can take home with them. Travelers to Britain can enroll in courses at any of the
twenty-plus adult residential colleges around the country. The courses at these schools generally last just a few days and range in content from activities
such as photography and dancing to more serious subjects such as history, philosophy, and literature.
These are just a few examples of the many types of learning vacations that people enjoy every year. In addition to gaining knowledge and
skills, another advantage of these types of vacations is that they can be more economical than traditional vacations. Camping out neat an archeological
site or sleeping in a college dormitory or youth hostel certainly costs less than staying at a luxury hotel or vacation resort. And the fact that many of
these trips can be organized by the travelers themselves without services of a tour company or travel agency makes them even more economical. Of
course, it all depends on the type of trip one chooses, and some companies offer learning vacations to exotic locales with expert professionals that are
quite costly. With the broad range of possibilities available, there are options to suit all tastes and budgets.
Decide if the following statements are true (T) or false (F). Write T or F on the Answer Sheet.
1. A group of archeologists flies to Turkey to have a summer vacation.
2. The author mentions studying the Spanish language and taking classes at a residential college as examples of learning vacations.
3. The author mentions working on artistic endeavors and honing cooking skills as examples of learning vacations.
4. Art schools and writing programs often organizes and is responsible for learning trips.
5. Most participants in learning vacations are young people.
6. Surveys show that around 30 percent of travelers take learning vacations.
7. Learning vacations are generally less costly than resort vacations.
8. Learning vacations can only be arranged by the travelers themselves.

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PART III: Read the following review and e-mail message.

Review: Drum It Up!

Although “Drum It Up!” opened at the Paxson Theater years ago, the excitement generated by this show makes it feel as if it were
still brand-new. In a nonstop two-hour performance, the audience is treated to a symphony of never-heard-or seen-before rhythmic
percussion and movement using non-standard instruments and choreography. In the past four years, many shows have borrowed heavily
from this Jesse Falk creation, but non match its freshness or creativity.
Twelve performers are listed in the program, but Frannie Wilson is the only cast member from the original production. Six equally
talented ‘drummers’ alternate each night to display their talents. Whether it is the strong percussiveness of Kevin Barry or the more comedic
moments with Irene Glass, we are captivated with the action of each performer who is on stage. The group intereacts wondrously with each
other, and they never miss a beat.
“Drum It Up!” is a musical that appeals to a wide audience and is still highly recommended by this critic, who did not expect to be
so re-inspired by such a long-running show.
“Drum It Up!”
Created and directed by Jesse Falk
Lighting by Walter Lissman
Current cast: Regina Albert, Kevin Barry, Nadia Bocerros, Alejandro Diaz, Cynchia Donnelly,
Irenece Glass, Eun-Joo Park, Gerrt Russo, Valerie Siefer, Pavel Turner, Michele Vaccaro, and
Frannie Wilson
Paxson Theater, 567 Whittier Lane, Chicago
Tel: 294-0909 Fax: 294-0908
Website: www.paxsontheater.org

To: Frank Logan [f_logan@zymont.com]

From: Denise Taylor [d_taylor@zymont.com]

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 Date: May 12, 2006 02:37:29 p.m
Subject: Drum It Up!
Frank,
After reading today’s paper, I came up with an idea for entertaining Mr. Dumont and the rest of his group from Brussels when
they’re in town the week of June 4-8. The last time Mr. Dumont was here, he told me that he loved musicals and that he was an amateur
drummer. I think the show “Drum It Up” would be perfect. It’s been running at the Paxson Theater for four years now, and I’ve heard
from several friends who have seen it that it’s quite good.
If you agree that this is a good idea, could you please call the box office and reserve 10 tickets for the Wednesday, June 6 show?
I know Mr. Dumont said he’s coming with five people, and you and I only make seven, but just in case he arrives with a bigger contingent-
as he did last March – we should have some extra tickets on hand. And if ten is too many, I’m sure we can find some members of our
team willing to enjoy a free night at the theater.
Thanks,
Denise
Choose the best answer to the question. Write the letter A, B, C or D on the Answer Sheet.
1. What is true of “Drum It Up!”?
A. It is based on a true story.
B. It is a traditional musical
C. It has re-opened at a new theater.
D. It has been running for four years.
2. How many of the original “Drum It Up!” cast members are still performing?
A. 1 B. 5 C. 8 D. 12
3. What does Denise say that Mr. Dumont told her?
A. That he plays the drum
B. That he wants to see “Drum It Up!”
C. That he would be in town for two weeks.
D. That he will be in town the following March.

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4. What does Denise say regarding “Drum It Up!”?
A. She has already seen it.
B. One of her friends is in it.
C. Several of her friends have seen it.
D. She can get discount tickets to see it.
5. What has Frank been asked to do?
A. Reserve 10 tickets for “Drum It Up!”
B. Meet Mr. Dumont and his group at the airport.
C. Wait for Mr. Dumont at the Paxson Theater box office.
D. Arrange for Mr. Dumont and his wife to see “Drum It Up!”
PART IV: Read the following text. Headings of the 5 paragraphs are missing. Match the following headings to the appropriate paragraphs.
Write the letter A, B, C, D or E on the Answer Sheet.
A. E-market places and Exchanges
B. Tendering via Reverse Auctions
C. Business models in the digital economy
D. Group Purchasing
E. Affiliate Marketing
1. …………………………….
A company can generate revenue to sustain itself. It spells out how the company creates (or adds) value in terms of the goods and/or services
the company produces in the course of its operations. Some models are very simple. For example, Nokia makes and sells cell phones and generates
profit from these sales. On the other hand, a TV station provides free broadcasting. Its survival depends on a complex model involving factors such
as advertisers and content providers. Internet portals, such as Yahoo, also use a similar complex business model. Further details of business models
and examples of new business models brought about by the digital resolution are discussed as below.
2. ………………………………
This business model is very common in the economy. If you are a big buyer, private or public, you are probably using a bidding system to
make your major purchases. In what is called a request for quote (RFQ), the buyer indicates a desire to receive bids on a particular item, and would-

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be sellers bid on the job. The lowest bid wins (if price is the only consideration), hence the name reverse auction. Now bidding can be done on line,
saving time and money.
3. …………………………….
This is an arrangement in which marketing partners place a banner ad for a company, such as Amazon.com, or on their Wed site. Every time
a customer clicks on the banner, moves to the advertiser’s Website, and makes a purchase there, the advertiser pays a 3 to 15 percent commission to
the host site. In this way, businesses can turn other businesses into their virtual commissioned sales force. Pioneered by CDNow, the concept is
employed by thousands of retailers or direct sellers.
4. …………………………….
It is customary to pay less per unit when buying more units. Discounts are usually available for such quantity purchases. Using e-commerce
and this model, in which purchase orders of many buyers are aggregated, a small business or even an individual can participate and get a discount.
EC brings in the concept of electronic aggregation for group purchasing, in which a third party find the individuals or small/medium enterprises that
want to buy the same product, aggregates their small orders, and then negotiates (or conducts a tender) for the best deal. The more that join the group,
the larger the aggregated quantity, and the lower the price paid.
5. …………………………….
The model has existed in isolated application for decades. An example is the stock exchanges, some of which have been fully computerized
since the 1980s. But, since 1999, thousands of different varieties of this model have sprung up. These arrangements introduce operating efficiencies
to trading, and if well organized and managed, they can provide benefits to both buyers and sellers. Of special interest are vertical marketplaces, which
concentrate on one industry e.g. ChemConect in the chemical industry.

PART V: Read the following article. Choose the best word to fill each gap. Write the letter A, B, C or D on the Answer Sheet.
Network your way to success
That old saying, ‘It’s not what you know. It’s who you know’ sums up what may well be the most important means of climbing the business
ladder. Diligence, competence and experience are fine qualities, but they are not enough.
While this is no great secret, the fact (1) ………… that skilled workers are few and far between – yet business success depends on informal
networking and sociologists have (2) ………… that the majority of top jobs in the US are obtained through it. A vast ratio of jobs are never advertised
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and of those that are, many have already been (3) ………… to someone known to the company. These processes apply not just to industry but to the
government and public sector as well.
Potentially, colleagues, superiors, business friends, customers, suppliers can (4) ………… a network with information, addresses and open
doors that make the difference between stagnation and a rapid rise. Nonetheless, as a communications trainer in Germany put it: “Many people just
do not know how to initiate, develop and foster promising relationships. ‘For some, networking (5) …………just too time-consuming or stressful.
Such individuals shut themselves in their office and minimize contact with the outside world. They may do a great job of work, but they are unlikely
to make great career strides. Other would-be networkers (6) ………… instant results, make a real nuisance of themselves, or network in too limited
an environment. There are plenty of other classic errors, ranging from a failure to (7) ………… favors, to the converse- networking with opportunists
who themselves never deliver.
Effective networking does not just happen. It is a conscious process of developing links which (8) ………… creativity, energy and
commitment. Leading to do it will pay dividends.
1. A. remains B. lasts C. continues D. keeps
2. A. distinguished B. located C. viewed D. found
3. A. promised B. assured C. declared D. warranted
4. A. provide B. give C. produce D. offer
5. A. shows B. proves C. turns D. results
6. A. trust B. hope C. expect D. rely
7. A. reply B. reverse C. return D. respond
8. A. orders B. directs C. insists D. requires
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