2019年12月大学英语四级翻译练习题：投机

　　大学英语四级翻译今朝考查的偏向多方向于社会经济、文化等方面，日常温习中我们也要提前储蓄一些常考话题质料。下面华宇课件网英语四级频道为各人整理了英语四级翻译操练题库，但愿对各人的备考有辅佐。

　　2019年12月大学英语四级翻译操练题库

　　英语四级翻译操练题投机

　　既然投机有很大的带来损失的风险，我们大概要问为什么还会答允举办投机呢。基础原因在于投性能在经济成长中发挥有益的成果。由于相信价值会上涨从而买商品或期货加速了市场平衡，并能勉励更多的供给商更快地进入市场。假如价值变革滞后到商品短缺真正呈现时才产生，那么价值颠簸很大概更为猛烈、溘然。采纳调停法子增加供给将刻不容缓。雷同的，假如投机者预见到某商品将过剩，他们就会卖出期货，这样做有助于在过剩真正产生之前在必然水平上低落价值。而当投机者预见到将会呈现短缺的时候，就会哄抬物价，这样做也有助于生存当前的供应。物价上涨时，商品购置量就会变少，因为价值上涨将促使消费者节省。同样的，物价下跌将促使消费者增加购置，这样就有助于将正在增加的过剩商品出售出去。

　　参考译文

　　One might ask why speculation is permitted when there is so real a danger of loss. The basic reason is that speculation can perform useful functions in the market equilibrium and encourages faster entry of more suppliers. If the price change lagged until after an actual commodity shortage had occurred, the fluctuation would probably be sharper and more sudden. Remedial supply action could not be further delayed. Similarly, if speculators foresee a surplus in some commodity, their selling of futures will help drive the price down to some extent before the surplus actually occurs. When speculators foresee a shortage and bid up the price, they are also helping to conserve the present supply. As the price goes up, less of the commodity is purchased; a rise in price encourages users to economize. Similarly, a lowering of price encourages users to buy more, thus helping to sell the surplus which is developing.

　　2019年12月大学英语四级翻译操练题库