Inglês
- Interpretação de texto | Reading comprehension
- Prova de 2016
- IF-RR
- Dificuldade: Médio
- Código da questão: 49321BF3-B6
Disciplina · Linguagens
Questões de Inglês, da área de Linguagens, com gabarito em cada página.
Leia o texto para responder a questão.
Patience is needed for Brazil to come good again
Michael Hasenstab
Dr. Michael Hasenstab is executive
vice-president, portfolio manager
and chief investment officer of
Templeton Global Macro
The Olympic Games in Rio drew global interest to Brazil, but the country and the rest of South America has been in sharp focus for investors all year. They have flocked to the region as part of a broader migration into emerging market debt, following record low valuations and the hunt for yield in a low interest rate environment. While investors have been presented with a rarely seen buying opportunity in emerging markets like South America, it is a mistake to regard these countries as a homogenous group.
That leaves the challenge of working out which are the most attractive opportunities – some of our best known investments were not obvious choices.
We have devised a formula to help us evaluate the fundamental strength of different emerging market countries. It scores a country’s current and projected strength on five factors: how well it has learnt the lessons from past crises; the quality of its policy mix; the structural reform being undertaken to boost productivity; the level of domestic demand; and its ability to resist external shocks. The aim is to pick nations that are fundamentally strong but, for one reason or another, are out of favour with investors. It can take time for the market to catch up to reality. But if you are a long-term investor – and we are certainly in that camp – you have the luxury of being able to wait.
Brazil, for example, is known as a vulnerable market due to the commodities downturn, the ongoing corruption crisis and ensuing political turmoil, but our work suggests to us that it is poised for a potentially significant rebound in the long term. Its current score is low, but its projected future score tells a different story.
We believe the country has learnt the lessons from the most recent crisis, which brought home the importance of having a sustainable fiscal policy. It has already adopted a flexible exchange rate, has strong foreign exchange reserves and has limited short-term debt. This is also reflected in the country’s improving resilience to external shocks, with a reliance on commodities, at 60 per cent of exports, being the largest remaining negative.
It is perhaps no surprise, given Brazil’s deep recession and political instability, that there is much work required in terms of improving policy mix, making structural reforms and boosting domestic demand. However, there are signs things are being turned around, with monetary policy already being tightened aggressively to bring inflation expectations back under control, and the previously excessive levels of governmentsubsidised lending being cut. Once political stability returns, the government will be empowered to do even more.
Work on structural reform should accelerate too, as Brazil’s middle class has made it clear it wants greater transparency and an economic policy framework that can both boost living standards and improve the environment for businesses.
(www.ft.com. 01.09.2016. Adaptado)
Leia o texto para responder a questão.
Patience is needed for Brazil to come good again
Michael Hasenstab
Dr. Michael Hasenstab is executive
vice-president, portfolio manager
and chief investment officer of
Templeton Global Macro
The Olympic Games in Rio drew global interest to Brazil, but the country and the rest of South America has been in sharp focus for investors all year. They have flocked to the region as part of a broader migration into emerging market debt, following record low valuations and the hunt for yield in a low interest rate environment. While investors have been presented with a rarely seen buying opportunity in emerging markets like South America, it is a mistake to regard these countries as a homogenous group.
That leaves the challenge of working out which are the most attractive opportunities – some of our best known investments were not obvious choices.
We have devised a formula to help us evaluate the fundamental strength of different emerging market countries. It scores a country’s current and projected strength on five factors: how well it has learnt the lessons from past crises; the quality of its policy mix; the structural reform being undertaken to boost productivity; the level of domestic demand; and its ability to resist external shocks. The aim is to pick nations that are fundamentally strong but, for one reason or another, are out of favour with investors. It can take time for the market to catch up to reality. But if you are a long-term investor – and we are certainly in that camp – you have the luxury of being able to wait.
Brazil, for example, is known as a vulnerable market due to the commodities downturn, the ongoing corruption crisis and ensuing political turmoil, but our work suggests to us that it is poised for a potentially significant rebound in the long term. Its current score is low, but its projected future score tells a different story.
We believe the country has learnt the lessons from the most recent crisis, which brought home the importance of having a sustainable fiscal policy. It has already adopted a flexible exchange rate, has strong foreign exchange reserves and has limited short-term debt. This is also reflected in the country’s improving resilience to external shocks, with a reliance on commodities, at 60 per cent of exports, being the largest remaining negative.
It is perhaps no surprise, given Brazil’s deep recession and political instability, that there is much work required in terms of improving policy mix, making structural reforms and boosting domestic demand. However, there are signs things are being turned around, with monetary policy already being tightened aggressively to bring inflation expectations back under control, and the previously excessive levels of governmentsubsidised lending being cut. Once political stability returns, the government will be empowered to do even more.
Work on structural reform should accelerate too, as Brazil’s middle class has made it clear it wants greater transparency and an economic policy framework that can both boost living standards and improve the environment for businesses.
(www.ft.com. 01.09.2016. Adaptado)
Leia o texto para responder a questão.
Patience is needed for Brazil to come good again
Michael Hasenstab
Dr. Michael Hasenstab is executive
vice-president, portfolio manager
and chief investment officer of
Templeton Global Macro
The Olympic Games in Rio drew global interest to Brazil, but the country and the rest of South America has been in sharp focus for investors all year. They have flocked to the region as part of a broader migration into emerging market debt, following record low valuations and the hunt for yield in a low interest rate environment. While investors have been presented with a rarely seen buying opportunity in emerging markets like South America, it is a mistake to regard these countries as a homogenous group.
That leaves the challenge of working out which are the most attractive opportunities – some of our best known investments were not obvious choices.
We have devised a formula to help us evaluate the fundamental strength of different emerging market countries. It scores a country’s current and projected strength on five factors: how well it has learnt the lessons from past crises; the quality of its policy mix; the structural reform being undertaken to boost productivity; the level of domestic demand; and its ability to resist external shocks. The aim is to pick nations that are fundamentally strong but, for one reason or another, are out of favour with investors. It can take time for the market to catch up to reality. But if you are a long-term investor – and we are certainly in that camp – you have the luxury of being able to wait.
Brazil, for example, is known as a vulnerable market due to the commodities downturn, the ongoing corruption crisis and ensuing political turmoil, but our work suggests to us that it is poised for a potentially significant rebound in the long term. Its current score is low, but its projected future score tells a different story.
We believe the country has learnt the lessons from the most recent crisis, which brought home the importance of having a sustainable fiscal policy. It has already adopted a flexible exchange rate, has strong foreign exchange reserves and has limited short-term debt. This is also reflected in the country’s improving resilience to external shocks, with a reliance on commodities, at 60 per cent of exports, being the largest remaining negative.
It is perhaps no surprise, given Brazil’s deep recession and political instability, that there is much work required in terms of improving policy mix, making structural reforms and boosting domestic demand. However, there are signs things are being turned around, with monetary policy already being tightened aggressively to bring inflation expectations back under control, and the previously excessive levels of governmentsubsidised lending being cut. Once political stability returns, the government will be empowered to do even more.
Work on structural reform should accelerate too, as Brazil’s middle class has made it clear it wants greater transparency and an economic policy framework that can both boost living standards and improve the environment for businesses.
(www.ft.com. 01.09.2016. Adaptado)
Read the lyrics for the song “Smile”, by Charlie Chaplin.

Available at: <https://www.linkedin.com/pulse/charlie-chaplin-michael-buble-say-smile-unforgettable-ritzya>.Accessed on: 20 set. 2016.
Put T (true) or F (false) by the propositions below and then check the CORRECT sequence:
( ) The song suggests we should not smile if our heart is aching.
( ) Life still has meaning, despite fear and sorrow, if you just smile.
( ) Since life has no meaning at all, there is no use smiling.
( ) The song’s overall meaning is to motivate us to remain positive.
( ) The song encourages us to give up the pleasures of life.



A QUESTÃO REFERE-SE AO TEXTO I
Leia os textos 6, 7 e 8 e complete as lacunas com verbos auxiliares modais. Atenção para o
contexto e o uso da língua, conforme a gramática.


Text 3
CHIANG MAI, THAILAND
Care for Elephants
Asian elephants face many threats – especially loss of habitat due to encroaching development, which can lead to conflict with humans. Today the elephant population in Thailand is estimated at only 3,000 to 4,000. Lend a hand with the least fortune of these animals at the Elephant Nature Park outside Chiang Mai. As a sanctuary for orphaned and disabled elephants, some of which have been abused as work animals, the center invites visitors to help feed and bathe the gentle giants, as well as assist with general maintenance around the park.[…]

Text 4
SOUTH DAKOTA
Explore the Badlands
Over the past half million years, erosion has sculpted sediment deposited by the ancient sea that once stretched across the Great Plains into buttes, spires, and pinnacle formations, leaving us the Badlands. Named by the Lakota for its unwelcoming terrain that they believed was riddled with the remains of a mythological horned serpent, the striking landscape inspires awe among visitors today, especially during the magic hours of sunrise and sunset, and under a full moon.[…]

Text 5
COSTA RICA
Rescue Sea Turtles
Commercial fishing, coastal development, humans harvesting eggs, marine debris, oil spills: The threats to sea turtles are staggering. Only an estimated one in 1,000 to 10,000 survives to adulthood, which is why conservationists around the world depend on volunteers to give these primordial creatures the best shot possible. Help conduct nightly patrols along the black-sand beaches of Tortuguero National Park on Costa Rica’s Caribbean coast, one of the most important nesting sites in the Western Hemisphere.[…]
(In: Places That Will Change Your Life. Produced by National Geographic Partners, Washington, DC: 2016. Adaptado.)

Text 3
CHIANG MAI, THAILAND
Care for Elephants
Asian elephants face many threats – especially loss of habitat due to encroaching development, which can lead to conflict with humans. Today the elephant population in Thailand is estimated at only 3,000 to 4,000. Lend a hand with the least fortune of these animals at the Elephant Nature Park outside Chiang Mai. As a sanctuary for orphaned and disabled elephants, some of which have been abused as work animals, the center invites visitors to help feed and bathe the gentle giants, as well as assist with general maintenance around the park.[…]

Text 4
SOUTH DAKOTA
Explore the Badlands
Over the past half million years, erosion has sculpted sediment deposited by the ancient sea that once stretched across the Great Plains into buttes, spires, and pinnacle formations, leaving us the Badlands. Named by the Lakota for its unwelcoming terrain that they believed was riddled with the remains of a mythological horned serpent, the striking landscape inspires awe among visitors today, especially during the magic hours of sunrise and sunset, and under a full moon.[…]

Text 5
COSTA RICA
Rescue Sea Turtles
Commercial fishing, coastal development, humans harvesting eggs, marine debris, oil spills: The threats to sea turtles are staggering. Only an estimated one in 1,000 to 10,000 survives to adulthood, which is why conservationists around the world depend on volunteers to give these primordial creatures the best shot possible. Help conduct nightly patrols along the black-sand beaches of Tortuguero National Park on Costa Rica’s Caribbean coast, one of the most important nesting sites in the Western Hemisphere.[…]
(In: Places That Will Change Your Life. Produced by National Geographic Partners, Washington, DC: 2016. Adaptado.)

Countries band together to promote trade, defend human rights, protect the environment and repel threats. They sign treaties and join international groups, and each time they do, they give up a bit of independence. That happened in a big way with the creation of the European Union, a freetrade zone and global political force forged from the fractious states of Europe. The question always was, could this extraordinary experiment hold together? Faced with the choice in a June 23 referendum, the U.K. shocked the world by voting to leave the bloc it joined in 1973. The way many Britons saw it, the trade-offs they'd made to be part of the club — notably control over immigration — no longer served their interests. They chose what's become known as Brexit.
Voters supported the split by 52 percent to 48 percent after a rancorous 10-week campaign that divided the nation. The result prompted Prime Minister David Cameron, who had pushed for the U.K. to remain in the 28-nation bloc, to say he'll resign by October. The vote jolted financial markets, sending the U.K. currency tumbling. As the vote plunged the country into political turmoil, Scotland's devolved government paved the way for a second referendum on breaking away so it can remain part of the EU. The U.K. will have two years to negotiate the terms of an exit once it takes the legal steps to leave the bloc, with talks to unwind agreements in areas as diverse as fishing quotas, financial services and health and safety standards. Cameron had warned that a withdrawal would trigger a recession and a decade of uncertainty for jobs, trade and the broader economy. Advocates of a split, including the country’s leading tabloid newspapers, want Britain to regain control of its borders, laws and finances. Because the free movement of citizens is a basic tenet of EU law, leaving the bloc is the only sure way to stem a larger-than-expected influx of immigrants. Young voters were keen to remain in the EU, while older ones preferred to leave.
(In: http://www.bloomberg.com/quicktake/will-uk-leave-eu. Adaptado)

Countries band together to promote trade, defend human rights, protect the environment and repel threats. They sign treaties and join international groups, and each time they do, they give up a bit of independence. That happened in a big way with the creation of the European Union, a freetrade zone and global political force forged from the fractious states of Europe. The question always was, could this extraordinary experiment hold together? Faced with the choice in a June 23 referendum, the U.K. shocked the world by voting to leave the bloc it joined in 1973. The way many Britons saw it, the trade-offs they'd made to be part of the club — notably control over immigration — no longer served their interests. They chose what's become known as Brexit.
Voters supported the split by 52 percent to 48 percent after a rancorous 10-week campaign that divided the nation. The result prompted Prime Minister David Cameron, who had pushed for the U.K. to remain in the 28-nation bloc, to say he'll resign by October. The vote jolted financial markets, sending the U.K. currency tumbling. As the vote plunged the country into political turmoil, Scotland's devolved government paved the way for a second referendum on breaking away so it can remain part of the EU. The U.K. will have two years to negotiate the terms of an exit once it takes the legal steps to leave the bloc, with talks to unwind agreements in areas as diverse as fishing quotas, financial services and health and safety standards. Cameron had warned that a withdrawal would trigger a recession and a decade of uncertainty for jobs, trade and the broader economy. Advocates of a split, including the country’s leading tabloid newspapers, want Britain to regain control of its borders, laws and finances. Because the free movement of citizens is a basic tenet of EU law, leaving the bloc is the only sure way to stem a larger-than-expected influx of immigrants. Young voters were keen to remain in the EU, while older ones preferred to leave.
(In: http://www.bloomberg.com/quicktake/will-uk-leave-eu. Adaptado)

Countries band together to promote trade, defend human rights, protect the environment and repel threats. They sign treaties and join international groups, and each time they do, they give up a bit of independence. That happened in a big way with the creation of the European Union, a freetrade zone and global political force forged from the fractious states of Europe. The question always was, could this extraordinary experiment hold together? Faced with the choice in a June 23 referendum, the U.K. shocked the world by voting to leave the bloc it joined in 1973. The way many Britons saw it, the trade-offs they'd made to be part of the club — notably control over immigration — no longer served their interests. They chose what's become known as Brexit.
Voters supported the split by 52 percent to 48 percent after a rancorous 10-week campaign that divided the nation. The result prompted Prime Minister David Cameron, who had pushed for the U.K. to remain in the 28-nation bloc, to say he'll resign by October. The vote jolted financial markets, sending the U.K. currency tumbling. As the vote plunged the country into political turmoil, Scotland's devolved government paved the way for a second referendum on breaking away so it can remain part of the EU. The U.K. will have two years to negotiate the terms of an exit once it takes the legal steps to leave the bloc, with talks to unwind agreements in areas as diverse as fishing quotas, financial services and health and safety standards. Cameron had warned that a withdrawal would trigger a recession and a decade of uncertainty for jobs, trade and the broader economy. Advocates of a split, including the country’s leading tabloid newspapers, want Britain to regain control of its borders, laws and finances. Because the free movement of citizens is a basic tenet of EU law, leaving the bloc is the only sure way to stem a larger-than-expected influx of immigrants. Young voters were keen to remain in the EU, while older ones preferred to leave.
(In: http://www.bloomberg.com/quicktake/will-uk-leave-eu. Adaptado)

Disponível em: < http://www.sumauma.net/amazonian/legends/
legends-pirarucu.html> CELEMENT, Rosa. Acesso em: 31 jul. 16
(Adaptado).