[B] partners that are reciprocal in their business activities
[C] rivals that are competing in the oil trading market
[D] both taking efforts to modernize their trading practice
2. According to the author, one of the reasons that the NYMEX takes open-outcry trading
is__________.
[A] the preference of its customers
[B] the standard practice of energy exchange
[C] the long tradition of this trading practice
[D] the nostalgic feeling it arouses
3.The word glitches most probably means_________.
[A] backwardness
[B] disappointments
[C] engineers
[D] problems
4.From Paragraph 4 we can infer that_________.
[A] trading volume in the IPE s new morning electronic session is falling
[B] London is a better business location for energy exchanges than Dublin
[C] Britains regulators are less efficient than those of Ireland
[D] the Dublin pit of the NYMEX will be more prosperous next year
5.We can draw a conclusion from the text that___________.
[A] its very unlikely that the NYMEX and the IPE could combine their businesses
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