Listen to the following story from Writing Effective Study Plans by Ted Knoy:
Pick the work or expression whose meaning is closest to the meaning of the underlined word or expression in the following passages.
1. With its recent entry into the World Trade Organization, Taiwan will encounter intense competition from global financial markets and must accelerate deregulation and globalization.
A. rejection
B. accession
C. delay
2. With its recent entry into the World Trade Organization, Taiwan will encounter intense competition from global financial markets and must accelerate deregulation and globalization.
A. prevent
B. avert
C. face
3. With its recent entry into the World Trade Organization, Taiwan will encounter intense competition from global financial markets and must accelerate deregulation and globalization.
A. fierce
B. lax
C. slack
4. With its recent entry into the World Trade Organization, Taiwan will encounter intense competition from global financial markets and must accelerate deregulation and globalization.
A. collaboration
B. rivalry
C. synergy
5. With its recent entry into the World Trade Organization, Taiwan will encounter intense competition from global financial markets and must accelerate deregulation and globalization.
A. stabilize
B. slow down
C. speed up
6. With its recent entry into the World Trade Organization, Taiwan will encounter intense competition from global financial markets and must accelerate deregulation and globalization.
A. increase the number of rules
B. decrease the number of rules
C. vary the number of rules
7. With its recent entry into the World Trade Organization, Taiwan will encounter intense competition from global financial markets and must accelerate deregulation and globalization.
A. protectionism
B. globalization
C. domestication
8. As widely anticipated, the liberalization of interest rate derivatives, options, swaps, mortgage securities, and currency derivatives will occur in the near future.
A. speculated
B. doubted
C. skeptical
9. As widely anticipated, the liberalization of interest rate derivatives, options, swaps, mortgage securities, and currency derivatives will occur in the near future.
A. reservsal
B. closing of
C. opening up
10. Developing expert capabilities in such areas is essential to match the rapid changes and innovation in Taiwan's financial market.
A. professional
B. amateur
C. emerging
11. Developing expert capabilities in such areas is essential to match the rapid changes and innovation in Taiwan's financial market.
A. insignificant
B. critical
C. trivial
12. Developing expert capabilities in such areas is essential to match the rapid changes and innovation in Taiwan's financial market.
A. revitalize
B. recurrent
C. novelty
13. Financial Engineering, an emerging field in Finance, addresses such issues and is the center of Matt’s interest in joining ABC Company, which has actively implemented related practices.
A. staved off
B. precluded
C. carried out
Score = Correct answers:
Additional practice can be found in Writing Effective Study Plans by Ted Knoy for some of these definitions.
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