Professional Documents
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IDIOMA INGLÉS
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FACULTAD DE DERECHO UBA
DEPARTAMENTO DE IDIOMAS
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DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
INSTRUCTIONS
1. Identify each page of the exam. Write your full name on it in BLOCK
CAPITALS.
4. Read carefully the instructions provided for each activity, so that you
do exactly as you are requested.
5. I you will have to strictly respect the number of words requested for
any given writing exercise. It is essential that you shape your writing
to accomplish that objective without exceeding the number of words
allowed.
7. You will have to pass an oral test provided you first score successfully
in the written exam.
1
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
2
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
deficit can be reduced without any tax increases: even Mr. Obama’s attempts to
remove loopholes in the tax code drive the zealots into paroxysms of outrage.
In both Europe and America electorates seem to be turning inward. There is the same
division between “ins” and “outs” that has plagued Japan. In Europe one set of middle-
class workers is desperate to hang on to protections and privileges: millions of others are
stuck in unprotected temporary jobs or are unemployed. In both Europe and America
well-connected public-sector unions obstruct progress. And then there is the greatest
(and also the least sustainable) division of all: between the old, clinging tightly to
entitlements they claim to have earned, and the young who will somehow have to pay
for all this.
Sometimes crises beget bold leadership. Not, unfortunately, now. Japan has mostly been
led by a string of weak consensus-seekers. For all their talents, both Mr. Obama and Mrs.
Merkel are better at following public opinion than leading it.
The problem lies not just in the personalities involved, but also in the political
structures. Japan’s dysfunctional politics were rooted in its one-party system: petty
factionalism has survived both the Liberal Democratic Party’s resounding defeat in 2009
and the recent tsunami. In America’s Congress the moderate centre —conservative
Democrats and liberal Republicans—has collapsed, in part because partisan redistricting
has handed over power to the extremes. In Europe national politicians, answerable to
their own electorates, are struggling to confront continent-wide problems.
Autocrats need not sneer at the troubles of Western democracies. The problems the
latter face would tax any government; and, as the Asian financial crisis a decade ago
showed, dictatorships are often worse at distributing pain. Moreover, Western politics is
less broken than many allege. Since 2009 Congress has passed a huge stimulus and the
health-care bill, both controversial yet also evidence that the legislature can get things
done. For all their petty foolishness, the Republicans are bringing issues like tax reform
and entitlements into the national debate. Outside the euro zone—in Britain, and in the
Baltic republics, for instance—politicians have implemented reforms and austerity
programmes with admirable speed.
Our views on what the West should do will be painfully familiar to readers. Europe’s
politicians need to implement not just a serious restructuring of the peripheral
countries’ debts but also a serious reform of their economies, to clean out cronyism,
corruption and all the inefficiencies that hold back their growth. America’s Democrats
need to accept entitlement cuts and Republicans higher taxes. Independent commissions
should set electoral boundaries. And so on.
Japan’s politicians had umpteen chances to change course; and the longer they avoided
doing so, the harder it became. Their peers in the West should heed that example.
1) Which of the following proverbs best depicts the situation for investors in the
first paragraph? Justify your choice in no more than 50 words.
a. A bird in hand is worth two in the bush.
b. Every cloud has a silver lining.
c. Between a rock and a hard place.
d. One good turn deserves another.
3
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
2. In general terms, what should leaders of Western countries do to cope with the
crises in America and Europe?
4
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
6. How do Republicans and Democrats in the USA differ in finding a way out of the
crisis? Explain their points of view.
5
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
6
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
2)WRITING : In no more than 250 words express your opinions or reflections on one of the
following topics.
1) Has global terrorism had a material impact on civil rights? Why?
2) Has the global economic crisis had a material impact on business environments? Why?
7
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
INSTRUCTIONS
8. Identify each page of the exam. Write your full name on it in BLOCK
CAPITALS.
11. Read carefully the instructions provided for each activity, so that
you do exactly as you are requested.
12. I you will have to strictly respect the number of words requested
for any given writing exercise. It is essential that you shape your
writing to accomplish that objective without exceeding the number of
words allowed.
13. Do not write in pencil, write clearly, using block capitals if possible.
Identify each page. Place your signature on each page.
14. You will have to pass an oral test provided you first score
successfully in the written exam.
8
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
9
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
Sadly, arithmetic leaves but a few ways out of the mess. Faster growth would
help. But the debt left by the boomers adds to the drag of slower labour-force
growth. Carmen Reinhart and Kenneth Rogoff, two Harvard economists, estimate
that public debt above 90% of GDP can reduce average growth rates by more
than 1%. Meanwhile, the boomer era has seen falling levels of public investment
in America. Annual spending on infrastructure as a share of GDP dropped from
more than 3% in the early 1960s to roughly 1% in 2007.
Austerity is another option, but the consolidation needed would be large. The
IMF estimates that fixing America’s fiscal imbalance would require a 35% cut in
all transfer payments and a 35% rise in all taxes—too big a pill for a creaky
political system to swallow. Fiscal imbalances rise with the share of population
over 65 and with partisan gridlock, according to other research by Mr Eschker.
This is troubling news for America, where the over-65 share of the voting-age
population will rise from 17% now to 26% in 2030.
That leaves a third possibility: inflation. Post-war inflation helped shrink
America’s debt as a share of GDP by 35 percentage points . More inflation might
prove salutary for other reasons as well. Mr Rogoff has suggested that a few years
of 5% price rises could have helped households reduce their debts faster. Other
economists, including two members of the Federal Reserve’s policymaking
committee, now argue that with interest rates near zero, the Fed should tolerate
a higher rate of inflation to speed up recovery.
The generational divide makes this plan a hard sell. Younger workers are
typically debtors, who benefit from inflation reducing real interest rates. Older
cohorts with large savings dislike it for the same reason. A recent paper by the
Federal Reserve Bank of St Louis suggests that as a country ages, its tolerance for
inflation falls. Its authors theorise that a central bank could use inflation to
achieve some generational redistribution. Yet pressure on the Fed to cease its
expansionary actions has been intense, and led by a Republican Party
increasingly driven by boomer preferences.
The political power of the boomers is formidable. But sooner or later, it cannot
escape the maths.
10
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
4.- How can this crisis be tackled? (in not more than 75 words)
11
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
5.- Explain the meaning of the following sentences. Use your own words.
a) The struggle to digest the swollen generation of ageing baby-boomers threatens to
strangle economic growth.
c) The political power of the boomers is formidable. But sooner or later, it cannot escape the
maths.
12
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
13
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
2)WRITING : In no more than 250 words express your opinions or reflections on one of the
following topics.
1) Has the development of technology had an impact on the right to Privacy? Why?
2) Has the European crisis had an impact on international commerce? Why?
14
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
INSTRUCTIONS
15. Identify each page of the exam. Write your full name on it in
BLOCK CAPITALS.
18. Read carefully the instructions provided for each activity, so that
you do exactly as you are requested.
19. I you will have to strictly respect the number of words requested
for any given writing exercise. It is essential that you shape your
writing to accomplish that objective without exceeding the number of
words allowed.
20. Do not write in pencil, write clearly, using block capitals if possible.
Identify each page. Place your signature on each page.
21. You will have to pass an oral test provided you first score
successfully in the written exam.
15
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
Keeping the mighty honest: A new wave of press barons should not
allow newspapers to become niche products
THIS summer Lexington visited William Randolph Hearst’s castle at San Simeon.
For a reporter it was a bittersweet moment: a reminder of an age when
newspapers threw off profits so vast that an American press magnate could
scavenge the globe for endangered treasures, prising heirlooms from Old World
nobles before shipping them by the ton to his Californian lair.
Today, all is stood on its head. Once-profitable journals are bleeding money and
readers. America’s grandest media dynasties seem as embattled as inter-war
European aristocrats, and the endangered relics being snapped up are
newspapers, as 21st-century tycoons dream of playing the press baron
August 5th saw the snaffling of the Washington Post by the founder of
Amazon.com, Jeff Bezos. It followed a series of newspaper sales to very rich
men, in which scores of titles from the Boston Globe to the Richmond Times-
Dispatch have changed hands. The Post deal dwarfs the rest. The newspaper’s
longtime owners, the Graham family, may never have rivalled Hearst for
grandiosity: no private zoo for them, or egging America into a small war with
Spain, as Hearst once did. But by breaking the Watergate scandal that toppled
President Nixon, the Post durably marked relations between voters, politicians
and the press.
The Post’s proprietor through those turbulent days, Katharine Graham, held a
double place in Washington’s hierarchy: at once regal Georgetown hostess and
scrappy newshound, ready to hold the establishment to account. That is a very
American position. Elsewhere in Europe, government contracts and subsidies
ensure that press barons will only defy the mighty so far.
Graham braved threats even while playing tennis or dining with government
bigwigs (she carefully fed intelligence to her reporters afterwards). Before her
death in 2001 she presided over years of hefty profits, helped by near-
monopolies over Washington’s morning-news and print-advertising markets.
Her successors struggled as the internet broke monopolies of all sorts. The Post is
being sold after years of plunging print circulation and a disastrous decision to
act like a local newspaper (bosses even closed bureaus in New York and Chicago).
The story is the same everywhere, and the collapse in newspapers’ paid
circulations already triggers contempt. At the White House, aides routinely bully
or ignore once-mighty papers; they have lost their fear of them. It is the same in
Downing Street or the Elysée Palace. But the best newspapers, even as they shed
readers, still retain power to cow politicians.
The Post is being bought because it matters. In recent weeks it has embarrassed
Barack Obama’s government with scoops about spying on phone and e-mail
records, and shaken Virginia’s Republican governor with revelations about gifts
from a donor. Such bipartisan muckraking remains a noble calling, and—though
techno-Utopians may scoff—there are specific ways in which general newspapers
are better at it than the most terrier-like internet sleuths.
Newspapers properly strike fear into elected politicians in two ways. First, by
having the gumption and the manpower to reveal wrongdoing. The web is
brilliant at this, too—though some of the biggest online stories of recent years
were broken by dead-tree-and-ink reporters, whose outlets still have resources
that often-parasitic news websites lack. But second, newspapers wield clout by
16
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
After covering politics from four continents, your columnist can report that size
matters. A mediocre paper with millions of readers intimidates politicians more
than a high-quality tiddler. In specific ways politicians are impressed by news
organisations that attract every day a critical mass of ordinary folk with a
bundled offering: sports for some, business for others, and politics for a few
obsessives. Such newspapers usefully oblige politicians to tailor messages for an
audience not made up of single-issue types or partisans. That is one reason why
traditional papers have influence: to dismiss them is to dismiss a community of
voters.
There is no reason to think that today’s magnates are entering the newspaper
business to kill it: funding a decent title should not daunt a billionaire. Mr. Bezos
spent about one-hundredth of his fortune buying the Post for $250m. He
promised that the paper’s values will not change, indeed declaring himself
“ready” should someone threaten to put his body-parts through a wringer. Some
sceptics worry about tycoon-owners pursuing corporate or political interests.
They should pop along to Hearst Castle, to remind themselves that self-
interested press barons are hardly a novelty.
With luck high-tech types such as Mr Bezos can dream up digital wheezes that
attract new readers, while preserving the best of general-interest newspapers—
their breadth, and the serendipity of stumbling on unexpected articles or
opinions. If new proprietors merely finance niche outlets with ever-tinier
circulations, their money might do more good elsewhere. Mr Bezos has invested
in space travel, for instance. Hearst would have loved that.
17
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
4.- Why are newspapers still influential when it comes to political issues?
18
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
2.- The web is brilliant at this, too—though some of the biggest online stories of
recent years were broken by dead-tree-and-ink reporters, whose outlets still
have resources that often-parasitic news websites lack. But second,
newspapers wield clout by weight of numbers.
19
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
20
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
21
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
2)WRITING : In no more than 250 words express your opinions or reflections on one
of the following topics.
1) Are openware courses a feasible learning option? Why?
2) Is the “Cloud” a safe place to safeguard privacy? Why?
22
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
INSTRUCTIONS
22. Identify each page of the exam. Write your full name on it in
BLOCK CAPITALS.
25. Read carefully the instructions provided for each activity, so that
you do exactly as you are requested.
26. I you will have to strictly respect the number of words requested
for any given writing exercise. It is essential that you shape your
writing to accomplish that objective without exceeding the number of
words allowed.
27. Do not write in pencil, write clearly, using block capitals if possible.
Identify each page. Place your signature on each page.
28. You will have to pass an oral test provided you first score
successfully in the written exam.
23
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
Keeping the mighty honest: A new wave of press barons should not
allow newspapers to become niche products
THIS summer Lexington visited William Randolph Hearst’s castle at San Simeon.
For a reporter it was a bittersweet moment: a reminder of an age when
newspapers threw off profits so vast that an American press magnate could
scavenge the globe for endangered treasures, prising heirlooms from Old World
nobles before shipping them by the ton to his Californian lair.
Today, all is stood on its head. Once-profitable journals are bleeding money and
readers. America’s grandest media dynasties seem as embattled as inter-war
European aristocrats, and the endangered relics being snapped up are
newspapers, as 21st-century tycoons dream of playing the press baron
August 5th saw the snaffling of the Washington Post by the founder of
Amazon.com, Jeff Bezos. It followed a series of newspaper sales to very rich
men, in which scores of titles from the Boston Globe to the Richmond Times-
Dispatch have changed hands. The Post deal dwarfs the rest. The newspaper’s
longtime owners, the Graham family, may never have rivalled Hearst for
grandiosity: no private zoo for them, or egging America into a small war with
Spain, as Hearst once did. But by breaking the Watergate scandal that toppled
President Nixon, the Post durably marked relations between voters, politicians
and the press.
The Post’s proprietor through those turbulent days, Katharine Graham, held a
double place in Washington’s hierarchy: at once regal Georgetown hostess and
scrappy newshound, ready to hold the establishment to account. That is a very
American position. Elsewhere in Europe, government contracts and subsidies
ensure that press barons will only defy the mighty so far.
Graham braved threats even while playing tennis or dining with government
bigwigs (she carefully fed intelligence to her reporters afterwards). Before her
death in 2001 she presided over years of hefty profits, helped by near-
monopolies over Washington’s morning-news and print-advertising markets.
Her successors struggled as the internet broke monopolies of all sorts. The Post is
being sold after years of plunging print circulation and a disastrous decision to
act like a local newspaper (bosses even closed bureaus in New York and Chicago).
The story is the same everywhere, and the collapse in newspapers’ paid
circulations already triggers contempt. At the White House, aides routinely bully
or ignore once-mighty papers; they have lost their fear of them. It is the same in
Downing Street or the Elysée Palace. But the best newspapers, even as they shed
readers, still retain power to cow politicians.
The Post is being bought because it matters. In recent weeks it has embarrassed
Barack Obama’s government with scoops about spying on phone and e-mail
records, and shaken Virginia’s Republican governor with revelations about gifts
from a donor. Such bipartisan muckraking remains a noble calling, and—though
techno-Utopians may scoff—there are specific ways in which general newspapers
are better at it than the most terrier-like internet sleuths.
Newspapers properly strike fear into elected politicians in two ways. First, by
having the gumption and the manpower to reveal wrongdoing. The web is
brilliant at this, too—though some of the biggest online stories of recent years
were broken by dead-tree-and-ink reporters, whose outlets still have resources
that often-parasitic news websites lack. But second, newspapers wield clout by
24
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
After covering politics from four continents, your columnist can report that size
matters. A mediocre paper with millions of readers intimidates politicians more
than a high-quality tiddler. In specific ways politicians are impressed by news
organisations that attract every day a critical mass of ordinary folk with a
bundled offering: sports for some, business for others, and politics for a few
obsessives. Such newspapers usefully oblige politicians to tailor messages for an
audience not made up of single-issue types or partisans. That is one reason why
traditional papers have influence: to dismiss them is to dismiss a community of
voters.
There is no reason to think that today’s magnates are entering the newspaper
business to kill it: funding a decent title should not daunt a billionaire. Mr. Bezos
spent about one-hundredth of his fortune buying the Post for $250m. He
promised that the paper’s values will not change, indeed declaring himself
“ready” should someone threaten to put his body-parts through a wringer. Some
sceptics worry about tycoon-owners pursuing corporate or political interests.
They should pop along to Hearst Castle, to remind themselves that self-
interested press barons are hardly a novelty.
With luck high-tech types such as Mr Bezos can dream up digital wheezes that
attract new readers, while preserving the best of general-interest newspapers—
their breadth, and the serendipity of stumbling on unexpected articles or
opinions. If new proprietors merely finance niche outlets with ever-tinier
circulations, their money might do more good elsewhere. Mr Bezos has invested
in space travel, for instance. Hearst would have loved that.
25
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
4.- Why are newspapers still influential when it comes to political issues?
26
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
2.- The web is brilliant at this, too—though some of the biggest online stories of
recent years were broken by dead-tree-and-ink reporters, whose outlets still
have resources that often-parasitic news websites lack. But second,
newspapers wield clout by weight of numbers.
27
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
28
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
29
DEPARTAMENTO DE IDIOMAS
FACULTAD DE DERECHO
UNIVERSIDAD DE BUENOS AIRES
Nombre y Apellido: _________________________________
2)WRITING : In no more than 250 words express your opinions or reflections on one
of the following topics.
30