1. In the second hand market, people use money or other economic goods to exchange for some other economic goods.
2. British Petroleum (BP), a famous oil company, was badly affected by the oil spill trouble in America. The financial position and profitability of BP was seriously exacerbated. On the other hand, many marine lives in Mexico Bay were killed and fishermen there lost their jobs. The American Government has announced that BP has to bear the responsibility for causing damage to the environment. A fund has been set to compensate to those who have been badly affected by the oil spill accident. The fund amounted to US$20 billions, which equals 3 years of the company profit.
3. Although the economy of China has grown rapidly in the past thirty years, the fundamental industry – the agricultural industry, is facing a several problems. These problems include: 1. Low income of farmers and 2. Low rental value of farmland. In respect to these problems, Professor N.S. Cheung suggests two solutions...
Okay, I think these questions should be enough for the would-be mock exam. :D
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