题目内容
（请给出正确答案）
______is the ratio of the amount of the mortgage loan to a property's appraised value.
A．Mortgage ratio
B．Liabilities to net worth ratio
C．Loan-to-value ratio
D．Principal-to-price ratio
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A.Air transport
B.Water transport
C.Land transport
D.Common transport
什么是边际转换率(MRT)？为什么一种商品对另一种商品的边际转换率等于生产两种商品的边际成本之比？
What is the marginal rate of transformation (MRT)？ Explain why the MRT of one good for another is equal to the ratio of the marginal costs o[ producing the two goods.
•Choose the best word to fill each gap from A, B, C or D on the opposite page.
•For each question 19-33, mark one letter (A, B, C or D) on your Answer Sheet.
Dear Shareholders,
2001 was a challenging but successful year for our company. We were (19) by one of the most brutal global economies in decades, as well as by the (20) of the tragedy of September 11. But our people (21) remarkably to these challenges. Thanks to the continuous upgrading, (22) and expansion of our model range, we were able to increase our share of a generally declining world automotive market from 13.1% to 13.5%. Sales (23) increased by 6.5% to 88.5 billion. The profit before tax of 4.4 billion increased by a disproportionately high amount, (24) the previous year's figure by 18.6%.
In 2001 we (25) eight new models and introduced numerous new engine (26) and equipment details. We will continue to expand global market (27) in the coming months and add to our model range with products.
In order to (28) the competitiveness of our company, in the next five years, we plan to Invest 31.2 billion in (29) assets in the Automotive Division. The average investment ratio over the next five years will be reduced from 8.1% to 6.7%, which is at the levels of oar competitors.
With our (30) brand and product portfolio, our skilled and (31) workforce, our commercial strength and our focus on (32) business, we expect to make further market sham gains for the coming year, while keeping oar competitive position strong.
We therefore ask you once again to place your (33) in us as you have in the past.
Yours sincerely,
J. O'Neil
Chairman
(19)
A．afflicted
B．faced
C．tested
D．threatened
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