一.READING
PART ONE
Questions 1-7
. Read these sentences and the following business index.
. Which advisor each sentense (1-7) describe?
. For each sentence mark one letter (A , B ,C ,D or E) on your Answer Sheet.
Example
The company invests a large sum of money in high technology.
Answer: E

1. It is engaged in the expansion of a telecommunications line.
2. No other steel industries have such a high rating. .
3. The company is the chief holder of a British company s shares.
4. As much as forty million U. S. dollars are invested in Taiwan.
5. It has business transactions with an American company.
6. The company gets a very high interest rate from its stocks.
7. Agreements were signed between two companies about technological cooperation.

A. Telecom Asia Corporation Limited (Thailand )
-It serves as international advisor in connection with the debt and equity financing for a US $3 billion telephone line expansion project in Bangkok. (Current)

B. Singapore Telecom international Pte. Ltd. (Singapore)
- It acquires its 50/00 interest in Cambridge Holding Ltd. ,the controlling shareholder of Cambridge Cable Ltd. of the U. K. (6/1992)

C. Pohang Iron 6 Steel Co. ,Ltd. (Korea) .
In connection with its ratings with Standard & Poor s and Moody s investor Services. The company obtained the highest rating of any steei company in the world. (II/1991)

D. Goldstar Co. ,Ltd. (Korea)
In its investiment in ,and technology agreements with ,Zenith Electronics of the U. S. -the first transaction of this type in Korea. (2/1991 )

E. Concord Venture Capital Co. , Ltd.(Taiwan)
-Structured ,marketed to investors and made a principal investment in the Fund with total equity of NT $ 940 million(US $ 40 million) to invest in Taiwanese high-technology venture capital opportunities. (I/1991)

PART TWO
Questions 8-1 2
. Read this advertisement of a Canadian computer incorpo
ration.
. Choose the best sentence from the list A-I on page 5 to fill each of the blanks.
. For each blank (8-12)mark one letter(A -I) on your Answer Sheet.
. Do not mark any letter twice.
. One answer has been given as an example.

AST S BRAVO FAMILY
Our new and improved Bravo series of personal computers is designed to do calculations in a new way. . .. . ..example . . . . . .
For example , the new Bravo MT has the same features of Intel s very fast Pentium 60MHz microprocessor. It s all the power you need to run an entire workgroup or the latest graphics-intensive programs, and processes even the most complicated mathematical calculations five times faster than the DX2/66. ...... 8...... It s perfect for the power user who demands high performance at an attractive price point.
Also new from AST is our latest generation of Bravo LC desktops, a value line of energy efficient 486 personal computers. Our entire Bravo LC family ,while still affordable, has new muscle--Intel 486 microprocessors up to 100 MHz and a VESA Local Bus slot. Today, it s fast, tomorrow it could be even faster, if you choose to raise it to Intel s Pentium Over Drive processor. How about more performance in less space? The Bravo LP is a low profile 486 , loaded with award-winning engineering. ... ... 9 ... ... And the graphics RAM can be enlarged to ZMB for 64-bit processing.