Use of English PRO

Multiple Choice - (C1) Advanced Certificate of English

For Questions 1-8, read the text below and decide which answer (A, B, C or D) best fits each gap. There is an example at the beginning (0).

The Panama Papers

The Panama Papers (0) HAS become quite a (1) ............ topic since these supposedly confidential financial arrangements went public. The term “Panama Papers” refers to 1.5 million (2) ............ documents in which details about financial corruption in (3) ............ bank accounts have been exposed by an unknown source. As you can imaging, news of this went viral immediately and was (4) ............ with uproar. Over 214, 488 entities are implicated and this has caused a huge media storm throughout the world. Since their release in 2015 to a German journalist, there has been an outcry for (5) ............ as the generally working man wants to know how corruption on this scale could have been allowed and also, who is responsible. Tax Havens are not a new phenomenon as large companies may open offshore bank accounts for a number of reasons, despite being technically legal, they are ethically (6) ............. The most obvious reason to have money in an offshore bank account is for tax avoidance, this is due to the fact that the majority of the countries that provide these services offer lower taxes, or are not obligated to (7) ............ information about their clients like in other countries. There have been enormous amounts of allegations against celebrities and public officials, but as of yet, nobody has been (8) ............ to justice.

‹ Multiple Choice Exercises

GO PRO!

Take hundreds of real Cambridge examinations including the English levels B2, C1 and C2

Use of English PRO (CAE) Use of English PRO ‹ Go back