[单项选择]The standardization of futures contracts promotes liquidity because:（　）
A. all the participants in the market know exactly what is being offered for sale, and they know the terms of the transactions. 
B. it guarantees that all of the traders in the futures market will honor their obligations and that futures contracts trade in a smoothly functioning market. 
C. it provides a safeguard whereby traders are required to realize any losses in cash on the day they occur.

[简答题]Commodity futures refer to contracts to supply quantities of the underlying commodity at a future date.

[填空题]Judges will normally interpret contracts strictly and will use certain principles when it______ (解决意思前后矛盾、模菱两面可的问题时).

[单项选择]Passage TwoA. It promotes its marketing strategies. B. It uses design to fight back.
C. It improves its management efficiency. D. It switches to aim at the up-market.

[单项选择]　　The biggest problem facing Chile as it promotes itself as a tourist destination to be reckoned with, is that it is at the end of the earth. It is too far south to be a convenient stop on the way to anywhere else and is much farther than a relatively cheap half-day’’s flight away from the big tourist markets, unlike Mexico, for example. 　　Chile, therefore, is having to fight hard to attract tourists, to convince travelers that it is worth coming halfway round the world to visit. But it is succeeding, not only in existing markets like the USA and Western Europe but in new territories, in particular the Far East. Markets closer to home, however, are not being forgotten. More than 50% of visitors to Chile still come from its nearest neighbor, Argentina, where the cost of living is much higher. 　　Like all South American countries, Chile sees tourism as a valuable earner of foreign currency, although it has been far more serious than most in promoting its image abroad. Relatively stable
A. U.S.A．
B. the Far East.
C. western Europe.
D. her neighbors.