Inglês — CACD 2013

CESPE/UnB · CACD – 1ª fase (TPS) · 56 itens · julgue cada item como Certo ou Errado

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1 It is one of the most pressing questions of our time:what is the relationship between financial and environmentalmeltdown? Are the two crises the same thing, needing to be4dealt with together? Or do we, as even some business leaderssuggest, have to fix the environment before we can fix theeconomy? A slew of books, ebooks, pamphlets and journals7are tackling this thorny question. You might expect a strong “yes” from the greens tofixing the environment ahead of the economy. And in The10Environmental Debt: The hidden costs of a changing globaleconomy, long-time Greenpeace activist Amy Larkin doesmake a cogent argument for this. The high costs of coping with13extreme weather, pollution and declining resources are, shesays, catching up with capitalism. Our carefree attitude to the“externalities” of wealth generation has run up an16environmental debt that is loading unsustainable financial debton us all. But environmentalists are not the only ones making19the link. In Wall Street and the City, there is similar talk thatthe worst fears of environmentalists are coming to pass. Asshortages of natural resources push up prices, a looming22resource crunch is manifested in market meltdown. Paul Donovan and Julie Hudson, economists for theSwiss bank UBS, agree. They argue that “there is a second25credit crunch”, an environmental one. By ransacking globalresources and enfeebling ecosystems, the authors say, we aredrawing down environmental credit as surely as reckless28spending on a credit card draws down financial credit. The twocrunches have “a symbiotic relationship”, they argue: “Theparty has to stop.”31 The synergies between financial and environmentalcrunches may be complex, but at root, many economists arguethat reckless consumption, driven by easy credit, helped fuel34financial crisis. Environmentalists agree that the sameconsumer binge drove up environmental debt.

F. Pearce. What do we fix first – environment or economy? Newscientist. July th, (adapted).

Based on the text, judge the following item.

  1. 1.

    The sentence “By ransacking global (…) credit card draws down financial credit” (l.25-28) means that, by ignoring the need to protect the environment, our society is increasingly focused on profit rather than quality of life.

  2. 2.

    The sentence “By ransacking global (…) credit card draws down financial credit” (l.25-28) means that, due to our reckless behavior towards the environment, less financial support has been assigned to nature-saving projects.

  3. 3.

    The word “looming” (l.21) is used as a synonym for unlikely.

  4. 4.

    According to the text, the need to understand the current capitalist crisis is urging environmentalists and economists to launch publications on the issue.

    Item anulado pela banca

  5. 5.

    According to the text, business and finance experts had warned Greenpeace activists about the financial consequences of natural resource shortages.

    Item anulado pela banca

  6. 6.

    The word “cogent” (l.12) suggests that the argument put forward by Amy Larkin is ill-founded.

  7. 7.

    The sentence “By ransacking global (…) credit card draws down financial credit” (l.25-28) means that, by tampering with the world biomass, we are affecting investments in the area as much as economic problems affect us.

  8. 8.

    The sentence “By ransacking global (…) credit card draws down financial credit” (l.25-28) means that, by destroying nature, we are reducing our environmental funds just like too many debts reduce our financial credibility.

  9. 9.

    According to the text, the synergetic link between economy and environment points to the need to tackle financial issues ahead of environmental ones.

    Item anulado pela banca

  10. 10.

    According to the text, financial and environmental debts have been primarily affecting wealthy countries due to their reckless consumption attitude.

    Item anulado pela banca

  11. 11.

    The sentence “By ransacking global (…) credit card draws down financial credit” (l.25-28) means that, due to the scarcity of environmental fund-raising actions, mankind is making the exploitation of natural resources financially unviable.

  12. 12.

    The expression “consumer binge” (l.35) is used as an antonym for the expression “reckless consumption” (l.33).

  13. 13.

    If the verb “catching up with” (l.14) is replaced by stemming from, the meaning of the sentence remains unaltered.

  14. 14.

    According to the text, both environmentalists and economists agree that consumption is at the heart of the current financial and environmental crises.

    Item anulado pela banca

  15. 15.

    The words “crunch” (l.22) and “crunches” (l.29) are used as synonyms for crisis and crises, respectively.

This text refers to questions 33 and 34.1 The leaders of the G8 are convening in NorthernIreland for the 39th G8 Summit. The backdrop for this two-daymeeting of the globe’s preeminent economic powers is a world4facing multiple global crises, all of which demand that summitparticipants engage in constructive dialogue that leads tomeasurable progress. Despite that need, the annual G87Summits are known more for eliciting empty political promisesand saddling host cities with exorbitant costs. The baby boomer generation presidents and prime10ministers at the G8 Summit are facing increasingly frustratedpopulations. With economic instability entrenching in theWest, a still teetering world financial order, and escalating13tensions in the Middle East, an entire generation of youngpeople is growing up without opportunity, and with fewprospects for change. But persistent unemployment, declining16standards in health care and education, and environmentaldegradation are also driving growing numbers of young peopleto demand sophisticated and coordinated global action.19 From this mess, two significant questions arise: arethe boomer generation leaders simply incapable of consensus-driven international cooperation, one that sets aside national22interests for the collective good of humanity? And if this is thecase, are tomorrow’s Facebook generation leaders doomed toinherit the quagmire of their political predecessors?

R. Onley. The future of global diplomacy. June 17th, 2013 (adapted).

Based on the text, judge the following item.

  1. 16.

    Young people are planning demonstrations to show their dissatisfaction to the G8 Summit leaders.

  2. 17.

    In the 39th G8 Summit meeting, empty promises will give room to debates on the global crises.

  3. 18.

    The reasons for young people’s frustrations include political, financial and economic issues.

  4. 19.

    The cities that host G8 summits generally profit from the presence of presidents and ministers.

  5. 20.

    The actions taken for international cooperation are condemned by the new Facebook generation leaders.

1 It is one of the most pressing questions of our time:what is the relationship between financial and environmentalmeltdown? Are the two crises the same thing, needing to be4dealt with together? Or do we, as even some business leaderssuggest, have to fix the environment before we can fix theeconomy? A slew of books, ebooks, pamphlets and journals7are tackling this thorny question. You might expect a strong “yes” from the greens tofixing the environment ahead of the economy. And in The10Environmental Debt: The hidden costs of a changing globaleconomy, long-time Greenpeace activist Amy Larkin doesmake a cogent argument for this. The high costs of coping with13extreme weather, pollution and declining resources are, shesays, catching up with capitalism. Our carefree attitude to the“externalities” of wealth generation has run up an16environmental debt that is loading unsustainable financial debton us all. But environmentalists are not the only ones making19the link. In Wall Street and the City, there is similar talk thatthe worst fears of environmentalists are coming to pass. Asshortages of natural resources push up prices, a looming22resource crunch is manifested in market meltdown. Paul Donovan and Julie Hudson, economists for theSwiss bank UBS, agree. They argue that “there is a second25credit crunch”, an environmental one. By ransacking globalresources and enfeebling ecosystems, the authors say, we aredrawing down environmental credit as surely as reckless28spending on a credit card draws down financial credit. The twocrunches have “a symbiotic relationship”, they argue: “Theparty has to stop.”31 The synergies between financial and environmentalcrunches may be complex, but at root, many economists arguethat reckless consumption, driven by easy credit, helped fuel34financial crisis. Environmentalists agree that the sameconsumer binge drove up environmental debt.

F. Pearce. What do we fix first – environment or economy? Newscientist. July th, (adapted).

Based on the text, judge if the items below are right (C) or wrong (E).

  1. 21.

    As far as the main issue of the text is concerned, the two economists of the Swiss bank are of the same opinion as the ecologist-author.

    Item anulado pela banca

  2. 22.

    Amy Larkin believes the worldwide scarcity of resources is affecting the world’s economy.

  3. 23.

    Several bank owners claim the economic crisis should be solved first.

  4. 24.

    Wall Street and the City experts foresee a complete market breakdown.

Based on the text, judge the following item.

  1. 25.

    In the text, “that need” (l.6) refers to convening in Ireland.

  2. 26.

    In the text, “that need” (l.6) refers to engaging in dialogue.

  3. 27.

    In the text, “that need” (l.6) refers to measuring progress.

  4. 28.

    In the text, “that need” (l.6) refers to facing global crises.

  5. 29.

    In the text, “that need” (l.6) refers to making promises.

 Taking a Cue From Bernanke a Little Too Far1 Financial advisers have been fielding calls fromshaken investors in recent weeks, particularly retirees, who arenervous that a bond market crash is on the horizon.4 You can hardly blame them. Investors have beenfleeing bonds in droves; a record $ 76.5 billion poured out ofbond funds and exchange-traded funds since June. That7exceeds the previous record, according to TrimTabs, when$ 41.8 billion streamed out of the funds in October 2008 andthe financial crisis was in full force.10 But the rush for the exits really means one thing:investors are betting that interest rates are about to begin theirupward trajectory, something that’s been expected for several13years now. Their cue came from the Federal Reserve chairman,Ben Bernanke, who recently suggested that the economic16recovery might allow the central bank to ease its efforts tostimulate the economy. That includes scaling back its bond-buying program beginning later this year.19 So the big fear is that interest rates are poised to risemuch further, driving down bond prices; the two move inopposite directions.22 A Barclays index tracking a broad swath ofinvestment-grade bonds lost 3.77 percent from the beginningof May through Thursday, according to Morningstar. United25States government notes with maturities of 10 years or longer,however, lost an average of 10.8 percent over the same period. Making a bet on interest rates is no different from28trying to predict the next big drop in stocks, or jumping intothe market when it appears to be poised to surge higher. Thesesort of emotional moves are exactly why research shows that31investors’ returns tend to trail the broader market. And it’s also why many financial advisers suggestignoring the noise, as long as you have a smart assortment of34bond funds that will provide stability when stocks inevitablytumble once again. “It’s a futile game to base portfolio moves on interest37rate guesses,” said Milo Benningfield, a financial adviser inSan Francisco. “We don’t have to look any further than highlyregarded Pimco manager Bill Gross, whose horrible interest40rate bet against Treasuries in 2011 landed him in the bottom 15percent of fund managers in his category that year. Investorsshould take a strategic approach designed around the reason43they hold bonds — and then sit tight whenever hedge fundsand other institutions shake the ground around them.” The main reason longer-term investors hold bonds, of46course, is to provide a steadying force. And though today’slower yields provide less of a cushion — the 10-year Treasuryis yielding about 2.5 percent — bonds still remain the best, if49imperfect, foil to stocks. “The role of bonds in a portfolio has always been tobe a ballast or a diversifier to equity risk,” said Francis52Kinniry, a principal in the Vanguard Investment StrategyGroup. “And that is very true today. Yields are low, but this iswhat a bear market in bonds looks like.”

Internet: <www.nytimes.com> (adapted).

Regarding the text, judge if the items below are right (C) or wrong (E).

  1. 30.

    In the sentence “United States government notes with maturities of 10 years or longer, however, lost an average of 10.8 percent over the same period.” (l.24-26), the adverb “however” may be moved to the beginning of the sentence without interfering in the meaning.

  2. 31.

    In the sentence “That includes scaling back its bond-buying program beginning later this year.” (l.17-18), the pronoun “its” refers to “economy”, in the previous sentence.

  3. 32.

    The word “from” in the excerpt “Making a bet on interest rates is no different from trying to predict the next big drop in stocks, or jumping into the market when it appears to be poised to surge higher.” (l.27-29) may be replaced by the word then with no interference in the grammar correction of the sentence.

  4. 33.

    In the sentence “Their cue came from the Federal Reserve chairman, Ben Bernanke, who recently suggested that the economic recovery might allow the central bank to ease its efforts to stimulate the economy.” (l.14-17) the relative pronoun “who” may be replaced by whom in more formal contexts.

 Taking a Cue From Bernanke a Little Too Far1 Financial advisers have been fielding calls fromshaken investors in recent weeks, particularly retirees, who arenervous that a bond market crash is on the horizon.4 You can hardly blame them. Investors have beenfleeing bonds in droves; a record $ 76.5 billion poured out ofbond funds and exchange-traded funds since June. That7exceeds the previous record, according to TrimTabs, when$ 41.8 billion streamed out of the funds in October 2008 andthe financial crisis was in full force.10 But the rush for the exits really means one thing:investors are betting that interest rates are about to begin theirupward trajectory, something that’s been expected for several13years now. Their cue came from the Federal Reserve chairman,Ben Bernanke, who recently suggested that the economic16recovery might allow the central bank to ease its efforts tostimulate the economy. That includes scaling back its bond-buying program beginning later this year.19 So the big fear is that interest rates are poised to risemuch further, driving down bond prices; the two move inopposite directions.22 A Barclays index tracking a broad swath ofinvestment-grade bonds lost 3.77 percent from the beginningof May through Thursday, according to Morningstar. United25States government notes with maturities of 10 years or longer,however, lost an average of 10.8 percent over the same period. Making a bet on interest rates is no different from28trying to predict the next big drop in stocks, or jumping intothe market when it appears to be poised to surge higher. Thesesort of emotional moves are exactly why research shows that31investors’ returns tend to trail the broader market. And it’s also why many financial advisers suggestignoring the noise, as long as you have a smart assortment of34bond funds that will provide stability when stocks inevitablytumble once again. “It’s a futile game to base portfolio moves on interest37rate guesses,” said Milo Benningfield, a financial adviser inSan Francisco. “We don’t have to look any further than highlyregarded Pimco manager Bill Gross, whose horrible interest40rate bet against Treasuries in 2011 landed him in the bottom 15percent of fund managers in his category that year. Investorsshould take a strategic approach designed around the reason43they hold bonds — and then sit tight whenever hedge fundsand other institutions shake the ground around them.” The main reason longer-term investors hold bonds, of46course, is to provide a steadying force. And though today’slower yields provide less of a cushion — the 10-year Treasuryis yielding about 2.5 percent — bonds still remain the best, if49imperfect, foil to stocks. “The role of bonds in a portfolio has always been tobe a ballast or a diversifier to equity risk,” said Francis52Kinniry, a principal in the Vanguard Investment StrategyGroup. “And that is very true today. Yields are low, but this iswhat a bear market in bonds looks like.”

Internet: <www.nytimes.com> (adapted).

According to the text, judge if the following items are right (C) or wrong (E).

  1. 34.

    The bond market is in such a predicament due to misjudgment on the part of the American central bank’s chairperson.

  2. 35.

    The main contention of the article is that investors should be skeptical about Bernanke’s remark in relation to the effects of the American economic recovery.

  3. 36.

    According to at least one financial adviser, it’s naïve to correlate bonds with interest rates.

  4. 37.

    In general, bonds provide stability to an investor’s portfolio.

This text refers to question 40. (…)1 But the devotion of Minor’s whole strength wasbeginning to prove taxing. His kindly friend Doctor Nicholsonretired in 1895 — still in pain from being attacked by a patient4six years earlier, who hit him on the head with a brickconcealed in a sock. He was replaced by Doctor Brayn, a manselected (for more than his name alone, one trusts) by a Home7Office that felt a stricter regime needed to be employed at theasylum. Brayn was indeed a martinet, a jailer of the old school10who would have done well at any prison farm. But he did asthe government required: There were no escapes during histerm of office (there had been several before, causing13widespread alarm), and in the first year two hundred thousandhours of solitary confinement were logged by the morefractious inmates. He was widely feared and loathed by the16patients — as well as by Doctor Murray, who thought he wastreating Minor heartlessly. (…)19 One curious snippet of information came from theUnited States later that same year, when it was noted ratherlaconically that two of Minor’s family had recently killed22themselves — the letter going on to warn the staff atBroadmoor that great care should be taken lest whatevermadness gripped their patient turned out to have a hereditary25nature. But even if the staff thought Minor a possible suiciderisk, no restrictions were placed on him as a result of theAmerican information.28 Some years before he had asked for a pocket knife,with which he might trim the uncut pages of some of the firsteditions of the books he had ordered: There is no indication31that he was asked to hand it back, even with the harsh DoctorBrayn in charge. No other patient was allowed to keep a knife,but with his twin cells, his bottles, and his books, and with his34part-time servant, William Minor seemed still to belong to adifferent category from most others in Broadmoor at the time. In the year following the disclosure about his37relatives, the files speak of Minor’s having started to takewalks out on the Terrace in all weathers, angrily denouncingthose who tried to persuade him to come back in during one40especially violent snowstorm, insisting in his imperious waythat it was his business alone if he wished to catch a cold. Hehad more freedom of choice and movement than most.(…)

Simon Winschester. The Professor and the Madman – A Tale of Murder, Insanity, and the Making of the Oxford English Dictionary. Harper Perennial, 2005, p. 182-3 (adapted).

Based on the text, judge the following item.

  1. 38.

    The version presented after the slash retains the original meaning of the excerpt taken from the text: “In the year following the disclosure about his relatives, the files speak of Minor’s having started to take walks out on the Terrace in all weathers, angrily denouncing those who tried to persuade him to come back in …” (l.36-39) / In the year after the revelation about his relatives, the archives show that Minor had started to take walks out on the Terrace during any kind of weather, angrily extolling people who tried to convince him to come back in…

  2. 39.

    The version presented after the slash retains the original meaning of the excerpt taken from the text: “There were no escapes during his term of office (…), and in the first year two hundred thousand hours of solitary confinement were logged by the more fractious inmates.” (l.11-15) / No one escaped while he was in office (…), and in the first year of his mandate two hundred thousand hours of solitary confinement were registered by the more ingratiating prisoners.

  3. 40.

    The version presented after the slash retains the original meaning of the excerpt taken from the text: “He was replaced by Doctor Brayn, a man selected (…) by a Home Office that felt a stricter regime needed to be employed at the asylum.” (l.5-8) / He was substituted by Doctor Brayn, a man picked over (…) by a Home Office who believed a more rigid regimen needed to be established at the asylum.

  4. 41.

    The version presented after the slash retains the original meaning of the excerpt taken from the text: “One curious snippet of information came from the United States later that same year, when it was noted rather laconically that two of Minor’s family had recently killed themselves…” (l.19-22) / One odd piece of information came from the United States later that same year, when it was noted rather verbosely that two of Minor’s relatives had recently killed themselves…

  5. 42.

    The version presented after the slash retains the original meaning of the excerpt taken from the text: “Brayn was indeed a martinet, a jailer of the old school who would have done well at any prison farm” (l.9-10) / Brayn was really punctilious, a traditional jailer who would have been successful working at any prison farm.

In relation to the pronouns shown in bold in the text above, judge if the items below are right (C) or wrong (E).

  1. 43.

    The pronoun “that” (l.21) refers to “language” (l.20).

  2. 44.

    The pronoun “they” (l.13) refers to “Ideas” (l.11).

  3. 45.

    The pronoun “theirs” (l.5) refers to “others” (l.4).

  4. 46.

    The pronoun “It” (l.5) refers to “diplomacy” (l.2).

 Taking a Cue From Bernanke a Little Too Far1 Financial advisers have been fielding calls fromshaken investors in recent weeks, particularly retirees, who arenervous that a bond market crash is on the horizon.4 You can hardly blame them. Investors have beenfleeing bonds in droves; a record $ 76.5 billion poured out ofbond funds and exchange-traded funds since June. That7exceeds the previous record, according to TrimTabs, when$ 41.8 billion streamed out of the funds in October 2008 andthe financial crisis was in full force.10 But the rush for the exits really means one thing:investors are betting that interest rates are about to begin theirupward trajectory, something that’s been expected for several13years now. Their cue came from the Federal Reserve chairman,Ben Bernanke, who recently suggested that the economic16recovery might allow the central bank to ease its efforts tostimulate the economy. That includes scaling back its bond-buying program beginning later this year.19 So the big fear is that interest rates are poised to risemuch further, driving down bond prices; the two move inopposite directions.22 A Barclays index tracking a broad swath ofinvestment-grade bonds lost 3.77 percent from the beginningof May through Thursday, according to Morningstar. United25States government notes with maturities of 10 years or longer,however, lost an average of 10.8 percent over the same period. Making a bet on interest rates is no different from28trying to predict the next big drop in stocks, or jumping intothe market when it appears to be poised to surge higher. Thesesort of emotional moves are exactly why research shows that31investors’ returns tend to trail the broader market. And it’s also why many financial advisers suggestignoring the noise, as long as you have a smart assortment of34bond funds that will provide stability when stocks inevitablytumble once again. “It’s a futile game to base portfolio moves on interest37rate guesses,” said Milo Benningfield, a financial adviser inSan Francisco. “We don’t have to look any further than highlyregarded Pimco manager Bill Gross, whose horrible interest40rate bet against Treasuries in 2011 landed him in the bottom 15percent of fund managers in his category that year. Investorsshould take a strategic approach designed around the reason43they hold bonds — and then sit tight whenever hedge fundsand other institutions shake the ground around them.” The main reason longer-term investors hold bonds, of46course, is to provide a steadying force. And though today’slower yields provide less of a cushion — the 10-year Treasuryis yielding about 2.5 percent — bonds still remain the best, if49imperfect, foil to stocks. “The role of bonds in a portfolio has always been tobe a ballast or a diversifier to equity risk,” said Francis52Kinniry, a principal in the Vanguard Investment StrategyGroup. “And that is very true today. Yields are low, but this iswhat a bear market in bonds looks like.”

Internet: <www.nytimes.com> (adapted).

Based on the text, judge the following item.

  1. 47.

    The words “poised” (l.19) and “yields” (l.47 and 53) mean, respectively, etiolated and profits.

  2. 48.

    The words “poised” (l.19) and “yields” (l.47 and 53) mean, respectively, ready and risks.

  3. 49.

    The words “poised” (l.19) and “yields” (l.47 and 53) mean, respectively, bolstered and outlay.

  4. 50.

    The words “poised” (l.19) and “yields” (l.47 and 53) mean, respectively, shaken and gains.

  5. 51.

    The words “poised” (l.19) and “yields” (l.47 and 53) mean, respectively, on the verge and returns.

This text refers to questions 35 and 36.1 The Oxford Learner’s Dictionary definesdiplomacy as “(…) the management of relations betweencountries (…) art of or skill in dealing with people; tact (…)”.4Indeed it is the art of convincing others to perceive things yourway, or at least to have second thoughts about theirs. It is thecombination of logic and science on the one hand with the gift7of proper language packaging and presentation necessary toconvince others. The power of language rests on the fact that it10contains ideas: and ideas are, according to Plato, moreenduring, indeed more permanent than matter. Ideas can besuppressed, or go underground but unlike a statue or any other13material things they cannot be shattered. They can only be metand dealt with by other ideas. Historically it is the magic ofwords that bewitched, enthralled and sometimes intoxicated16people and led them to great or mean deeds. The language ofdiplomacy, often like poetry, has the ability to move peoplefrom mood to mood. Whether demagogy or whether giving19expression to noble ideologies, theories, or even religiouscreeds, ordinary language or that of diplomacy has amomentum and an inner driving force that is ageless.

K.S. Abu Jaber, Language and Diplomacy. In: J. Kurbalija; H. Slavi (Eds.) Language and Diplomacy, p. 53. Malta: DiploProjects, 2001.

Based on the text, judge the following item.

  1. 52.

    According to the author, ideologies require a proper language.

  2. 53.

    According to the author, language is a demagogical expression.

  3. 54.

    According to the author, diplomacy is related to persuasion.

  4. 55.

    According to the author, ideas last less than material things.

  5. 56.

    According to the author, common language opposes poetry.

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