Question 1: Mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the following questions

The currency of Singapore is _____ stable compared with those of most other countries in Asia

Question 2: We have all our purchasing contracts _____ throughly by our financial team

Question 3: The management decided to hire the _____ financial expert to handle the accounting problems

Question 4: Most of the shareholders _____ invested in the mutual fund believe they will gain a large profit

Question 5: All bids for the commercial property were submitted to the real estate agent _____ November 9

Question 6: The marketing division’s effort ended in failure _____ a few members made outstanding contributions

Question 7: All fees were paid on time _____ the administrative officer said

Question 8: If the warranty had not included a return policy, I would _____ an objection with the company

Question 9: Economics students can learn _____ changes in the economy by analyzing many related factors

Question 10: Experiencing something from another country does not _____ your feeling of belonging to your country

Question 11: International prices can also have an impact on the _____ market

Question 12: Buying larger containers of food is a more _____ way of shopping

Question 13: Mark the letter A, B, C, or D on your answer sheet to indicate the underlined part that needs correction in each of the following questions

The trade law that the World Trade Organization announcing caused many remarkable problems for the global economy

Question 14: It is estimated that men accounts for 1 percent of luxury cosmetics market

Question 15: Richer countries could do a lot to make the debt of poor countries little heavy, and indeed, in some cases could forget the debt altogether

Question 16: Mark the letter A, B, C, or D on your answer sheet to indicate the word(s) CLOSET in meaning to the underlined word(s) in each of the following questions

Many jobs are at risk if the current financial climate continues

Question 17: Minor economies, such as spending less on staff costs, can often present a company sliding into bankruptcy

Question 18: Mark the letter A, B, C, or D on your answer sheet to indicate the word(s) OPPOSITE in meaning to the underlined word(s) in each of the following questions

The economy recovered quickly after the recent recession

Question 19: This aspect of economics seems very abstract, but it has important real-life applications

Question 20:     The world is often a dangerous place to (20)_____ business in. For an organization to survive it must become adept at identifying and managing possible risks. In our personal lives we do this every day, often without thinking about it. (21)_____ we cross the road, we look around to make sure there isn’t a vehicle heading towards us. And every parent weighs up all potential dangers before allowing their child to run the risk of riding a bike outside. Businesses have to make predicting, recognizing, and (22)______minimizing risk as natural and habitual as this.
    Some risks (23)______ all businesses, such as the unpredictably of (24) _____ (e.g. inflation), politics (e.g. new legislation), and business realities (e.g. late payments). However, there are also risks specific to each sector. In the volatile telecommunications sectors, a mobile phone company has to anticipate shifting customer taste in a market that is moving so fast it’s hard to look one year into the future, let alone ten.

Question 21:

Question 22:

Question 23:

Question 24:

Question 25: Mark the letter A, B, C, or D on your answer sheet to indicate the sentence that is closet in meaning to each of the following questions

No sooner does the government change the tax laws than businesses find a way around them

Question 26: Oil prices return to $100 a barrel, which could make the global economy damaged

Question 27: Pro-market reformers think that China has grown rich despite state meddling in the economy

Question 28: Mark the letters A, B, C or D on your answer sheet to indicate the word that differs from other three in position of primary stress in each of the following questions

Question 29:

Question 30: Mark the letters A, B, C or D on your answer sheet to indicate the most suitable response to complete each of the following exchanges

Anna and Jose is talking about Bitcoin
Anna: “Do you know bitcoin has lost most of its value this year?”
Jose: “___________”

Question 31: Two friends are talking about presidents in US
A: “Donald Trump was voted for President of the United States in 2017”
B: “__________”

Question 32: Mark the letters A, B, C or D on your answer sheet to indicate the word whose underlined part differs from the other three in pronunciation in each of the following questions

Question 33:

Question 34: Mark the letter A, B, C, or D on your answer sheet to indicate the sentence that best combines each pair of sentences in the following questions

On the Wednesday, we spent most of the day sitting in front of the TV. On the Wednesday, the electricity went off

Question 35: Her father felt frustrated. His business went belly up

Question 36: Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions from 36 to 42

    Oil is running out and the race is on to find an alternative source of energy. Over the last 40 years oil had been used worldwide to give us food, warmth, chemicals, medicine, clothing and, most of all, mobility. But now Jeroenm van der Veer, CEO of the oil multinational Royal Dutch Shell, has named the year that our needs will exceed the supply of oil. He predicts global demand for oil will rise dramatically in the next few years due to population growth and the rapid economic development of countries, such as China and India. He forecasts that, because of this , the world supply of oil will no longer be able to meet that demand as early as 2015.
    Despite the urgency of this problem and the millions invested in renewable energy using sources, such as wind, waves, and sunlight, world governments are far from finding a solution. This means that if we don’t take the oil shortage seriously, the energy crisis will happen sooner than we think.
(Source: Business Results)

What does the passage mainly discuss?

Question 37: What is oil used for, apart from cars?

Question 38: The word “running out” in paragraph can be replaced by _____

Question 39: The word “alternative” in paragraph is closet in meaning to _____

Question 40: The word “this” in paragraph refers to _____

Question 41: What reasons does Jeroen van der Veer give for the rise in the demand for oil?

Question 42: What measures are governments taking to prevent the energy crisis?

Question 43: Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions from 43 to 50

    When labor markets tighten, wages are expected to rise. Basic economics tells us that when workers are in higher demand, employers should have to pay more for their services. But in recent years, as unemployment has fallen below 5 percent in the United States, wages have not been increasing as fast as in the past. Economists debate the reasons; workers grapple with the consequences
    The unemployment rate has fallen to a comfortable level, but wage growth is sluggish . When the two trends are superimposed (chồng lên nhau), the historical pattern in which wages pick up when unemployment falls has not held this time around. This is a global problem. Wages are not rising as fast as expected in many countries, especially Britain, France, the Netherlands and Norway
    A fundamental refashioning of the labor market has been underway for two decades Jobs that require middle-range skills have been declining, while those involving skills at both the lower and higher end of the spectrum have been growing. This effectively suppresses wages for many: People in lower-paid, lower-skill jobs — retail workers, janitors and home health aides — have little bargaining power to demand higher wages. Middle-skilled workers — including clerks, call center operators and factory workers — are being replaced by computers, robots and lesser-paid hands in low-wage countries. Higher-skilled workers are capturing an outsized share of pay.
(Source: New York Times)

In the paragraph, what is a global problem?

Question 44: The word “grapple” in paragraph 1 is closet in meaning to _____

Question 45: The word “sluggish” in paragraph 2 is closet in meaning to _____

Question 46: What is referred about higher-skilled workers from the paragraph?

Question 47: According to paragraph, custodians are the ones in______

Question 48: The word “fundamental” in paragraph 3 is closet in meaning to _____

Question 49: The word “suppresses” in paragraph 3 can be replace by_____

Question 50: The word “those” refers to ____