1.The passage is mainly__________.
[A] a review of two kinds of auctions
[B] an introduction of trading robots
[C] a survey of the trading market
[D] about trading alternatives
2.Which of the following is true according to the text?
[A] Davids robot traders have now been used in real-world markets.
[B] Robot traders can evolve like creatures.
[C] There is room for improvement in efficiency in trading markets.
[D] The English auction is the most popular trading form.
3.If you were trading American Treasury bonds, you would most likely take the trading
form of ___________.
[A] the English auction
[B] the continuous double auction
[C] the Dutch auction
[D] the evolved auction
4.We can infer from the text that______________.
[A] existing auctions can not withstand market shocks
[B] the Dutch auction is better than the continuous double auction
[C] its hard for traders to reach an equilibrium price
[D] the best type of auction takes place when the number of the buyers is equal to that of sellers
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