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  3. Text 1 The longest bull run in a century

Text 1 The longest bull run in a century

资格题库2022-08-02  23
问题 Text 1 The longest bull run in a century of artmarket history ended on a dramatic note with a sale of 56 works by Damien Hirst,Beautiful Inside My Head Forever,at Sotheby's in London on September 15th,2008.All but two pieces sold,fetching more than￡70m,a record for a sale by a single artist.It was a last victory.As the auctioneer called out bids,in New York one of the oldest banks on Wall Street,Lehman Brothers,filed for bankruptcy.The world art market had already been losing momentum for a while after rising bewilderingly since 2003.At its peak in 2007 it was worth some$65 billion,reckons Clare McAndrew,founder of Arts Economics,a research firm—double the figure five years earlier.Since then it may have come down to$50 billion.But the market generates interest far beyond its size because it brings together great wealth,enormous egos,greed,passion and controversy in a way matched by few other industries.In the weeks and months that followed Mr Hirst's sale,spending of any sort became deeply unfashionable.In the art world that meant collectors stayed away from galleries and salerooms.Sales of contemporary art fell by twothirds,and in the most overheated sector,they were down by nearly 90%in the year to November 2008.Within weeks the world's two biggest auction houses,Sotheby's and Christie's,had to pay out nearly$200m in guarantees to clients who had placed works for sale with them.The current downturn in the art market is the worst since the Japanese stopped buying Impressionists at the end of 1989.This time experts reckon that prices are about 40%down on their peak on average,though some have been far more fluctuant.But Edward Dolman,Christie's chief executive,says:“I'm pretty confident we're at the bottom.”What makes this slump different from the last,he says,is that there are still buyers in the market.Almost everyone who was interviewed for this special report said that the biggest problem at the moment is not a lack of demand but a lack of good work to sell.The three Ds—death,debt and divorce—still deliver works of art to the market.But anyone who does not have to sell is keeping away,waiting for confidence to return.The three Ds mentioned in the last paragraph are____A.auction houses'favoritesB.contemporary trendsC.factors promoting artwork circulationD.styles representing Impressionists
选项 A.auction houses'favorites
B.contemporary trends
C.factors promoting artwork circulation
D.styles representing Impressionists
答案 C
解析 细节题【命题思路】这是一道封闭式细节题。从全篇文章的结构来看，段落之间没有出现明显的转折关系，即文章的主题没有发生改变。通常在这种模式下，文章最后一段是主旨的重申。【直击答案】根据题干关键词“Three Ds”和“last paragraph”定位到最后一段第三句话“the three Ds—death,…to the market”，破折号中间的内容是对three Ds的解释说明，意为：3Ds依然为市场输送艺术品。而前一句话又提到，在当前的市场中缺少的不是对艺术品的需求，而是好卖的艺术品。因此C项为正确答案，“promoting art work circulation”等同于原文中的“deliver work of art to the market”。此外，只有C项提到了文章的主题“艺术品”。【干扰排除】文章第三段最后一句通过描述两家拍卖行的销售额表明目前艺术品市场的衰退现象，但并未提及拍卖行最爱的艺术品，故排除A项。文中的contemporary指contemporary arts（当代艺术品），而非contemporary trend，B项属于张冠李戴，故排除。D项中的Impressionist出自第四段的首句，但与本题无关。
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