Buscar

afa2010-matematica-ingles

Faça como milhares de estudantes: teste grátis o Passei Direto

Esse e outros conteúdos desbloqueados

16 milhões de materiais de várias disciplinas

Impressão de materiais

Agora você pode testar o

Passei Direto grátis

Você também pode ser Premium ajudando estudantes

Faça como milhares de estudantes: teste grátis o Passei Direto

Esse e outros conteúdos desbloqueados

16 milhões de materiais de várias disciplinas

Impressão de materiais

Agora você pode testar o

Passei Direto grátis

Você também pode ser Premium ajudando estudantes

Faça como milhares de estudantes: teste grátis o Passei Direto

Esse e outros conteúdos desbloqueados

16 milhões de materiais de várias disciplinas

Impressão de materiais

Agora você pode testar o

Passei Direto grátis

Você também pode ser Premium ajudando estudantes
Você viu 3, do total de 8 páginas

Faça como milhares de estudantes: teste grátis o Passei Direto

Esse e outros conteúdos desbloqueados

16 milhões de materiais de várias disciplinas

Impressão de materiais

Agora você pode testar o

Passei Direto grátis

Você também pode ser Premium ajudando estudantes

Faça como milhares de estudantes: teste grátis o Passei Direto

Esse e outros conteúdos desbloqueados

16 milhões de materiais de várias disciplinas

Impressão de materiais

Agora você pode testar o

Passei Direto grátis

Você também pode ser Premium ajudando estudantes

Faça como milhares de estudantes: teste grátis o Passei Direto

Esse e outros conteúdos desbloqueados

16 milhões de materiais de várias disciplinas

Impressão de materiais

Agora você pode testar o

Passei Direto grátis

Você também pode ser Premium ajudando estudantes
Você viu 6, do total de 8 páginas

Faça como milhares de estudantes: teste grátis o Passei Direto

Esse e outros conteúdos desbloqueados

16 milhões de materiais de várias disciplinas

Impressão de materiais

Agora você pode testar o

Passei Direto grátis

Você também pode ser Premium ajudando estudantes

Faça como milhares de estudantes: teste grátis o Passei Direto

Esse e outros conteúdos desbloqueados

16 milhões de materiais de várias disciplinas

Impressão de materiais

Agora você pode testar o

Passei Direto grátis

Você também pode ser Premium ajudando estudantes

Prévia do material em texto

&20$1'2�'$�$(521È87,&$�
'(3$57$0(172�'(�(16,12�'$�$(521È87,&$�
$&$'(0,$�'$�)25d$�$e5($�
(;$0(�'(�$'0,66­2�$2�&)2$9�&)2,17�&)2,1)������
3529$6�'(�/Ë1*8$�,1*/(6$�(�0$7(0È7,&$�
���GH�$*2672�GH������
7UDQVFUHYD�R�GDGR�DEDL[R�SDUD�R�VHX�FDUWmR�GH�UHVSRVWDV��
&Ð',*2�����
#6'0š“1��#$4#�'56#�2418#�51/'06'�#2¦5�4'%'$'4�#7614+<#š“1��
�
65��&$1','$72��
/(,$�&20�$7(1d­2��
��� (VWH�FDGHUQR�FRQWpP���� �TXDUHQWD��TXHVW}HV�REMHWLYDV��VHQGR�TXH�GH����D����VmR�TXHVW}HV�GH�
/Ë1*8$� ,1*/(6$� H� GH� ��� D� ��� VmR� TXHVW}HV� GH�0$7(0È7,&$�� &RQILUD� VH� WRGDV� DV�
TXHVW}HV�HVWmR�LPSUHVVDV�QHVVD�VHTrQFLD�H�SHUIHLWDPHQWH�OHJtYHLV��
��� &RQILUD� R� FyGLJR� GD� SURYD� GHVWH� FDGHUQR� H� SUHHQFKD� R� FDPSR� ³FyGLJR´�� QR� FDUWmR� GH�
UHVSRVWDV��
��� 3UHHQFKD� FRUUHWD� H� FRPSOHWDPHQWH� R� FDUWmR� GH� UHVSRVWDV� FRP� FDQHWD� HVIHURJUiILFD� D]XO� RX�
SUHWD��)DoD�PDUFDo}HV�IRUWHV�H�DVVLP���������������$VVLQH�R�DQWHV�GH�LQLFLDU�D�UHVROXomR�GD�SURYD��
��� $� SURYD� WHUi� GXUDomR� GH� �� �TXDWUR�� KRUDV�� DFUHVFLGDV� GH� PDLV� ��� �YLQWH�� PLQXWRV� SDUD�
SUHHQFKLPHQWR�GR�FDUWmR�GH�UHVSRVWDV��
��� 6RPHQWH�VHUi�SHUPLWLGR�DR�FDQGLGDWR�UHWLUDU�VH�GR�ORFDO�GH�SURYD�D�SDUWLU�GD�PHWDGH�GR�WHPSR�
SUHYLVWR�SDUD�D�UHVROXomR�GD�PHVPD��RX�VHMD�����GXDV��KRUDV��
��� 2�FDQGLGDWR�TXH�VDLU�GR�ORFDO�GH�SURYD�DQWHV�GR�WHPSR�GH�GXUDomR�SUHYLVWR�1­2�SRGHUi�OHYDU�
FRQVLJR�R�FDGHUQR�GH�TXHVW}HV�QHP�ID]HU�TXDOTXHU�WLSR�GH�DQRWDomR�VREUH�TXHVW}HV�GH�SURYD�RX�
WUDQVFUHYHU�R�VHX�JDEDULWR��
��� 2�FDQGLGDWR�TXH�GHVHMDU�OHYDU�FRQVLJR�R�FDGHUQR�GH�TXHVW}HV�GHYHUi�SHUPDQHFHU�QR�UHFLQWR�DWp�
R�WpUPLQR�GR�WHPSR�WRWDO�GH�SURYD��
�
�
� ($�&)2$9�&)2,17�&)2,1)������ 3529$6�'(�/Ë1*8$�,1*/(6$�(�0$7(0È7,&$���&Ï',*2���� �
5HDG�WKH�WH[W�EHORZ�WR�DQVZHU�TXHVWLRQV����WR�����
�
6SHFWDFXODU�1RUWKHUQ�/LJKWV�OLQNHG�WR�VXLFLGDO�GHSUHVVLRQ�
�
�
�
�
�
���
�
�
�
�
���
�
�
�
�
���
�
�
�
�
���
�
�
�
�
���
�
�
�
�
���
�
$ODVND
V� WUDJLFDOO\�KLJK�QXPEHU�RI�VXLFLGH�PD\�EH�
UHODWHG� WR� FRVPLF� VWRUPV� DQG� WKH� 1RUWKHUQ� /LJKWV�
�DXURUD�ERUHDOLV���DFFRUGLQJ�WR�DQ�H[SHUW� LQ� WKH�VWXG\�
RI�EUDLQZDYHV��
'HSUHVVLRQ� LQ� WKH� )DU� 1RUWK� KDV� LQ� JHQHUDO� EHHQ�
DWWULEXWHG� WR� WKH� GHHS�� GDUN� DQG� ORQJ� ZLQWHUV���
%XW� 'U� $QLWD� %XVK�� BBBBBBBB� VSHFLDOLVHV� LQ�
HOHFWURHQFHSKDORJUDSK\�� KDV� FRPSOLFDWHG� PDWWHUV� E\�
GLVFRYHULQJ�D�OLQN�EHWZHHQ�VRODU�IODPHV�DQG�EUDLQZDYH�
DFWLYLW\�LQ�WZR�VHWV�RI�$ODVNDQV�VKH�KDV�VWXGLHG�IRU�WKH�
SDVW�ILYH�\HDUV��
7KH� PLFURVFRSLF� HOHFWULF� LPSXOVHV� ZHUH�
FRQFHQWUDWHG� LQ� DQ� DUHD� RI� WKH� EUDLQ� NQRZQ� DOVR� WR�
FDXVH� VHDVRQDO� DIIHFWLYH� GHSUHVVLRQ� �6$'��� WKH�
FRQGLWLRQ�XS�WR�QRZ�EODPHG�IRU�GR]HQV�RI�VXLFLGHV�HDFK�
\HDU�LQ�WKH�UHPRWH�$ODVNDQ�FRDVW��6XLFLGH�OHYHOV�DPRQJ�
WKH� VWDWH
V� ��� WR� ���\HDU�ROGV� KDYH� ULVHQ� VKDUSO\� LQ�
UHFHQW� \HDUV�� WR� VL[� WLPHV� WKH� QDWLRQDO� DYHUDJH�� VD\V�
'U�%XVK��
6KH� KDV� QRW� \HW� GHPRQVWUDWHG� D� OLQN� EHWZHHQ�
LQFUHDVHG�EUDLQZDYHV� DQG� VXLFLGDO� WHQGHQFLHV�EXW� VKH�
WKLQNV� H[LVWLQJ� GDWD� RQ� VXSSRVHG� 6$'� FDVHV� PD\� LQ�
IDFW�LQFOXGH�FDVHV�RI�VXLFLGH�LQGXFHG�E\�JHRPDJQHWLVP��
)RU�QRZ�VKH�KDV�VXJJHVWHG� WKDW�VSHFLDO�GDUN�JODVVHV��
ZRUQ� DJDLQVW� VRODU� IODPHV� DQG� WKH� 1RUWKHUQ� /LJKWV��
BBBBBBBB�HOHYDWH�PRUDOH�DPRQJ�WKH�VXLFLGDO��
6RPH�RI�KHU�VFHSWLFDO�FROOHDJXHV�DV�3URIHVVRU�7RP�
+DOOLQDQ��RQH�RI�D� WHDP�VWXG\LQJ� WKH�DXURUD�� UHFHQWO\�
LQVLVWHG� WKDW� WKH�PRVW� VHULRXV�KHDOWK� ULVN� LQ�ZDWFKLQJ�
WKH�$ODVNDQ�QLJKW�VN\�ZDV�D�FULFNHG�QHFN��
�
$GDSWHG�IURP�$GYDQFH�<RXU�(QJOLVK���&DPEULGJH�
8QLYHUVLW\�3UHVV�
�
�
�����7KH�FRUUHFW�ZRUGV�WR�ILOO�WKH�JDSV��OLQHV����DQG�����DUH�
�
D�� WKDW���PD\� F�� ZKLFK���FRXOG�
E�� ZKR���PLJKW� G�� WKDW���VKRXOG�
�
�
�����2QH� RI� WKH� FDXVHV� RI� WKH� KLJK� QXPEHU� RI� VXLFLGHV� LQ� WKH� )DU�
1RUWK�PD\�EH�WKH�
�
D�� PLFURVFRSLF�HOHFWULF�LPSXOVHV�FDXVHG�E\�EUDLQZDYHV�DFWLYLWLHV�
DWWULEXWHG�WR�GDUN�JODVVHV��
E�� DEVHQFH� RI� OLJKW� UHVXOWLQJ� IURP� D� ORQJ� VHDVRQ� DVVRFLDWHG� WR�
JHRPDJQHWLVP��
F�� 1RUWKHUQ� /LJKWV� WKDW� LQFUHDVH� WKH� PRUDOH� DPRQJ� WKH�
$ODVNDQV��
G�� OLQN�EHWZHHQ�$XURUD�%RUHDOLV�DQG�VHULRXV�KHDOWK�ULVNV��VXFK�DV�
EDFNDFKHV��GLVFRYHUHG�E\�'U�$QLWD��
�
�
�����7KH� EHVW� ZRUG� WR� GHVFULEH� 3URIHVVRU� +DOOLQDQ
V� UHDFWLRQ� WR� 'U�
%XVK
V�SURSRVLWLRQ�LV�
�
D�� GRXEW�� F�� EHOLHI��
E�� VXUSULVH�� G�� FRQILGHQFH��
�
�
�����0DUN�WKH�RSWLRQ�ZKLFK�FRQWDLQV�WKH�FRUUHFW�4XHVWLRQ�7DJ�RI�WKH�
IROORZLQJ�VHQWHQFH��
�
³6KH� KDV� QRW� \HW� GHPRQVWUDWHG� D� OLQN� EHWZHHQ� LQFUHDVHG�
EUDLQZDYHV�DQG�VXLFLGDO�WHQGHQFLHV«´�
�
D�� KDVQ
W�VKH"� F�� GRHV�VKH"�
E�� KDV�VKH"� G�� GRHVQ
W�VKH"�
�
�
�����&RQVLGHULQJ�WKH�5HSRUWHG�6SHHFK��'U��%XVK�VDLG�WKDW�
�
D�� DPRQJ� WKH� VWDWHV�� VXLFLGH� OHYHOV� DUH� ULVHQ� VKDUSO\� WR� VL[�
WLPHV��
E�� VXLFLGH�OHYHOV�URVH�VKDUSO\�LQ�UHFHQW�\HDUV��
F�� LQ�UHFHQW�\HDUV��VXLFLGH�OHYHOV�KDG�ULVHQ�VKDUSO\�WR�VL[�WLPHV��
G�� VXLFLGH�DPRQJ����WR���±\HDU�ROGV�ULVHV�LQ�UHFHQW�WHQ�\HDUV��
�
5HDG� WKLV� GLDORJXH�EHWZHHQ�0HODQLH�DQG�6DP�DQG� WKHQ� FKRRVH�
WKH�FRUUHFW�DOWHUQDWLYHV�DFFRUGLQJ�WR�LW��
�
�
�
�
�
���
�
�
�
�
���
�
�
�
�
���
�
�
�
�
���
�
�
�
�
���
�
0HODQLH�� +L��6DP��+RZ�ZDV�\RXU�LQWHUYLHZ"�
+L�� KRQH\����� :HOO�� ,� WKRXJKW� WKH� LQWHUYLHZ�
LWVHOI�ZHQW�UHDOO\�ZHOO��
0HODQLH�� 7KHQ�ZK\�WKH�VDG�IDFH"�
6DP�� ,�WKLQN�,�IDLOHG��,�ZDV�ODWH�JHWWLQJ�WKHUH��
0HODQLH�� 2K��QR��5HDOO\"�:KDW�KDSSHQHG"��
6DP�� ,� PLVVHG� WKH� WUDLQ�� 7KH� LQWHUYLHZ� ZDV�
VXSSRVHG�WR�VWDUW�DW�����:HOO�� ,�ZDV�DW� WKH�
WUDLQ�VWDWLRQ�E\��������
,�ERXJKW�P\�WLFNHW��DQG�WKHQ�,�SXW�P\�ZDOOHW�
GRZQ� IRU� D� IHZ� VHFRQGV�� :KHQ� ,� WXUQHG�
DURXQG�� LW�ZDV� JRQH�� ,� VSHQW� WHQ�RU� ILIWHHQ�
PLQXWHV�WU\LQJ�WR�ILQG�LW��
%XW�,�QHYHU�GLG��
0HODQLH�� :KDW�GLG�\RX�WHOO�WKH�LQWHUYLHZHU"�
6DP�� 7KH�WUXWK��,�VDLG�,
G�PLVVHG�WKH�WUDLQ��$QG�,�
VDLG�,�ZDV�VRUU\�IRU�EHLQJ�ODWH��
0HODQLH�� 'LGQ
W�\RX�WHOO�KLP�DERXW�\RXU�ZDOOHW"�
6DP�� 1R��,�ZDV�VXUH�KH
G�WKLQN�,�ZDV�MXVW�PDNLQJ�
DQ� H[FXVH�� ,� GRQ
W� WKLQN� KH� HYHQ� EHOLHYHG�
PH�DERXW��PLVVLQJ�WKH�WUDLQ��
0HODQLH�� :KDW�GLG�KH�VD\�DW�WKH�HQG�RI�WKH�LQWHUYLHZ"�
6DP�� +H� VDLG�P\� TXDOLILFDWLRQV� ZHUH� UHDOO\� JRRG�
DQG�KH
G�EH�LQ�WRXFK��<RX�NQRZ��³'RQ
W�FDOO�
XV��:H
OO�FDOO�\RX�´�
$GDSWHG�IURP��7UXH�&RORUV�±�/RQJPDQ�
�
�
�����³«KH
G�EH�LQ�WRXFK�´��OLQH�����PHDQV�WKDW�KH��
�
D�� KDG�DOUHDG\�EHHQ�LQ�WRXFK�LQ�WKH�SDVW��
E�� KDV�DOUHDG\�EHHQ�LQ�WRXFK��
F�� ZLOO�EH�LQ�WRXFK�LQ�WKH�IXWXUH��
G�� ZDV�JRLQJ�WR�EH�LQ�WRXFK��
�
�
�����7KH�'LUHFW�6SHHFK�RI�WKH�WZR�VHQWHQFHV�³«,
G�PLVVHG�WKH�WUDLQ�´�
DQG�³«�,�ZDV�VRUU\«´��OLQHV����DQG�����LV�
�
D�� ³,�PLVVHG�WKH�WUDLQ´�DQG�³,�DP�VRUU\´��
E�� ³,�PLVV�WKH�WUDLQ´�DQG�³,�ZDV�VRUU\´���
F�� ³,�KDYH�EHHQ�PLVVLQJ�WKH�WUDLQ´�DQG�³,�ZDV�VRUU\´��
G�� ³,�ZRXOG�PLVV�WKH�WUDLQ´�DQG�³,�KDYH�EHHQ�VRUU\´��
�
�
�����:KHQ�WKH�LQWHUYLHZHU�VDLG��³'RQ
W�FDOO�XV´��OLQH�����KH�
�
D�� VXJJHVWHG�GRQ¶W�WR�FDOO�XV��
E�� WROG�WR�QRW�FDOO�KLP��
F�� DGYLVHG�QRW�WR�FDOO�WKHP��
G�� DVNHG�GLGQ¶W�FDOO�XV��
�
�
6JCV	U�O[�LQD�
�
�
�
�
�
���
�
�
�
�
�
7KLV� LV� D� VWRU\� DERXW� IRXU� SHRSOH�� (YHU\ERG\��
6RPHERG\�� $Q\ERG\�� DQG� 1RERG\�� 7KHUH� ZDV� DQ�
LPSRUWDQW� MRE�WR�EH�GRQH�DQG�(YHU\ERG\�ZDV�VXUH�WKDW�
6RPHERG\�ZRXOG�GR�LW��$Q\ERG\�FRXOG�KDYH�GRQH�LW��EXW�
1RERG\�GLG��6RPHERG\�JRW�DQJU\�DERXW�WKDW�EHFDXVH�LW�
ZDV�(YHU\ERG\
V�MRE��(YHU\ERG\�WKRXJKW�$Q\ERG\�FRXOG�
GR�LW��EXW�1RERG\�UHDOL]HG�WKDW�(YHU\ERG\�ZRXOGQ
W�GR�LW��
,W� HQGHG� XS� WKDW� (YHU\ERG\� EODPHG� 6RPHERG\� ZKHQ�
1RERG\�GLG�ZKDW�$Q\ERG\�FRXOG�KDYH�GRQH����
���������������������8QNQRZQ�DXWKRU��.(<6��(G��6DUDLYD�
�
�
�����$FFRUGLQJ� WR� WKH� WH[W� DERYH� \RX
YH� MXVW� UHDG�� ZKR� LQ� IDFW��
SHUIRUPHG�WKH�MRE�ZDV�
�
D�� (YHU\ERG\��� F�� $Q\ERG\��
E�� 1RERG\��� G�� 6RPHERG\��
�
�
�����7KH�SURQRXQ�³LW´��OLQH�����UHIHUV�WR�
�
D�� WKH�VWRU\���F�� WKH�MRE��
E�� VRPHRQH�� G�� 1RERG\��
�
� ($�&)2$9�&)2,17�&)2,1)������ 3529$6�'(�/Ë1*8$�,1*/(6$�(�0$7(0È7,&$���&Ï',*2���� �
�
�
�
�
���
�
�
�
�
���
�
1LFN�� D� %ULWLVK� WRXULVW�� LV� WHOOLQJ� KLV� $PHULFDQ� JLUOIULHQG�
DERXW� WKH� TXHVWLRQV� KH� ZDV� DVNHG� DW� .HQQHG\� $LUSRUW��
1HZ� <RUN�� µ7R� VWDUW� ZLWK� WKH� LPPLJUDWLRQ� RIILFHU�
BBBBBBPH�ZKHUH� ,� ZDV� IURP� DQG�ZK\� ,¶G� FRPH� WR� WKH�
6WDWHV�� 7KDW�ZDVQ¶W� D� SUREOHP��%XW� WKHQ� VKH�ZDQWHG� WR�
NQRZ�KRZ�PXFK�PRQH\�,�KDG��:KHQ�,�WROG�KHU��VKH�VDLG�
�����ZDVQ¶W�HQRXJK�IRU�WKUHH�ZHHNV��6KH�ZRQGHUHG�ZK\�
,�KDGQ¶W�EURXJKW�PRUH��6KH�WKHQ�BBBBBB�PH�LI�,�LQWHQGHG�
WR� ZRUN�� 6KH� ZDQWHG� WR� NQRZ� LI� ,� UHDOO\� SODQQHG� WR� JR�
EDFN�WR�WKH�8.�DIWHU�WKUHH�ZHHNV�¶�
(QJOLVK�*UDPPDU�LQ�6WHSV���5LFKPRQG�
�
�
�����0DUN� WKH�DOWHUQDWLYH� WKDW�FRPSOHWHV�WKH�JDSV��OLQHV����DQG�����
FRUUHFWO\��
�
D�� DVNHG���DVNHG� F�� VDLG���WHOO�
E�� WROG�WR���VDLG� G�� WHOO���WROG�WR�
�
�
�����7KH�FRQWUDFWLRQ�¶G��OLQH�����PHDQV�
�
D�� KDG�� F�� GLG��
E�� ZRXOG�� G�� GR��
�
�
�����$W�WKH�DLUSRUW�1LFN�
�
D�� PHW�KLV�$PHULFDP�JLUOIULHQG��
E�� SODQQHG�WR�JR�EDFN�WR�1HZ�<RUN��
F�� DQVZHUHG�VRPH�TXHVWLRQV��
G�� WDONHG�WR�WKH�SROLFHPHQ��
�
�
�����7KH�ZRUG�µHQRXJK¶��OLQH�����FDQ�EH�UHSODFHG�LQ�WKH�WH[W�DERYH�E\�
�
D�� LQDGHTXDWH�� F�� HIILFLHQW��
E�� HQRUPRXV�� G�� VXIILFLHQW��
�
�
5RVDQD�)LVKHU�ZRUNV�DW�DQ�RXWGRRU�DFWLYLWLHV�FHQWUH�RQ�WKH�ZHVW�
FRDVW�RI�6FRWODQG��6KH�WHDFKHV�PRXQWDLQ�FOLPELQJ��VFXED�GLYLQJ�
DQG� KDQJ�JOLGLQJ�� 6KH¶V� WDONLQJ� WR� VRPH� \RXQJ� SHRSOH� ZKR¶YH�
MXVW�DUULYHG�DW�WKH�FHQWUH��
�
,��� µ<RX� FDQ¶W� GR� DQ\� RI� WKH� DFWLYLWLHV� XQOHVV� \RX¶UH� ZLWK� DQ�
LQVWUXFWRU�¶��
,,��� µ:H� ZRQ¶W� OHW� \RX� VWDUW� DQ� DFWLYLW\� LI� \RX� GRQ¶W� KDYH� WKH�
FRUUHFW�HTXLSPHQW�¶��
,,,���µ<RX�FDQ¶W�JR�VFXED�GLYLQJ�XQOHVV�\RX¶YH�GRQH�WKH�WUDLQLQJ�
FRXUVH�¶�
,9��� µ5HPHPEHU�\RX�FDQ¶W�OHDYH�WKH�FHQWUH�XQOHVV�\RX�VD\�ZKHUH�
\RX¶UH�JRLQJ�¶��
�
(QJOLVK�*UDPPDU�LQ�6WHSV���5LFKPRQG�
�
�
�����0DUN� WKH� RSWLRQ� ZKLFK� VKRZV� DQRWKHU� ZD\� WR� UHZULWH� WKH�
FRQGLWLRQDO�VHQWHQFHV�DERYH��FRUUHFWO\��
�
,��� <RX� FDQ� GR� QRQH� RI� WKH� DFWLYLWLHV� LI� \RX� GRQ¶W� EH� ZLWK� DQ�
LQVWUXFWRU��
,,��� :H� ZLOO� QRW� OHW� \RX� VWDUW� DQ� DFWLYLW\� XQOHVV� \RX� KDYH� WKH�
FRUUHFW�HTXLSPHQW��
,,,���<RX� FDQQRW� JRLQJ� VFXED� GLYLQJ� LI� \RX� KDYHQ¶W� GRQH� WKH�
WUDLQLQJ�FRXUVH��
,9��� 5HPHPEHU�\RX�FDQ¶W�OHDYH�WKH�FHQWUH�LI�\RX�GRQ¶W�VD\�ZKHUH�
\RX�JR��
�
D�� ,��,,�DQG�,,,�� F�� ,��,,�DQG�,9��
E�� ,,�DQG�,9�� G�� ,,,�DQG�,9��
�
�
�����$FFRUGLQJ�WR�WKH�WH[W��5RVDQD�)LVKHU�LV�
�
D�� H[SODLQLQJ�WKH�LPSRUWDQFH�RI�VSRUWV��
E�� LQYLWLQJ�WKH�UHDGHUV�WR�SUDFWLFH�KHU�DFWLYLWLHV��
F�� WHDFKLQJ�ZKR�KDYH�DOZD\V�DWWHQGHG�KHU�FODVVHV��
G�� HVWDEOLVKLQJ�FRQGLWLRQV��
�
�
�
$OO�OLJKW�RQ�WKH�QLJKW�
�
�
�
�
�
���
�
�
�
�
���
�
�
�
�
���
�
�
�
�
2XU� FLWLHV� DQG� WRZQV� DUH� IDU� IURP� VLOHQW� DW��
QLJKW��$V�PRVW�RI�BBBBBB��DUH�JRLQJ�WR�EHG��D� ORW�RI�
ZRUNHUV� DUH� MXVW� JRLQJ� WR� WKHLU� MREV�� ,W� LV� HVWLPDWHG�
WKDW� XS� WR� D� ILIWK� RI� WKH�ZRUNLQJ� � SRSXODWLRQ� FDUULHV�
RXW� LWV� GXWLHV� DW� QLJKW� ±� UXQQLQJ� KRVSLWDOV� DQG�
PDLQWDLQLQJ��SRZHU�VWDWLRQV��IRU�H[DPSOH���
7KHUH� LV� RQH� SUREOHP�� 7KH\� KDYH� WKH� VDPH�
ELRORJLFDO� FORFN� DV� GD\�ZRUNHUV�� 1LJKW�ZRUNHUV� RIWHQ�
KDYH� WURXEOH� VOHHSLQJ� WKURXJK� WKH� GD\�� DQG�
VRPHWLPHV� ILQG�BBBBBB�KDUGHU� WR�VWD\�DZDNH��ZKLFK�
PHDQV� PLVWDNHV� DUH� PRUH� OLNHO\� WR� KDSSHQ�� 'U�
/DZUHQFH� 6PLWK�� D� SV\FKRORJLVW�� GLVFRYHUHG� WKDW�
DPRQJ� SHRSOH� ZKR� GR� WKH� VDPH� MRE�� QLJKW� ZRUNHUV�
VXIIHUHG�����PRUH��LQMXULHV�WKDQ�GD\�ZRUNHUV��
+H� LV�QRZ� WHVWLQJ� WKH� WKHRU\� WKDW� WKH� OLJKW� FDQ�
EH�XVHG�WR�IRRO�WKH�KXPDQ�ERG\�FORFN�7KH�ERG\�FORFN�
DSSHDUV� WR� EH� LQIOXHQFHG� E\� OLJKW�� EHFDXVH� RQH�
FKHPLFDO�DW�LWV�GLVSRVDO�LV�VHQVLWLYH�WR�OLJKW��
$GDSWHG�IURP�$GYDQFH�\RXU�(QJOLVK�
�
�
�����0DUN�WKH�FRUUHFW�SURQRXQV�WR�ILOO�LQ�WKH�EODQNV��OLQHV����DQG��������
�
D�� XV���LW�� F�� \RX���KLP�
E�� WKHP���WKH\�� G�� PH���RXUV�
�
�
�����7KH� 3DVVLYH� 9RLFH� RI� WKH� VHQWHQFH� µ+H� LV� QRZ� WHVWLQJ� WKH�
WKHRU\«¶��OLQH�����LV�
�
D�� 1RZ�WKH�WKHRU\�ZDV�WHVWLQJ�E\�KLP��
E�� 7KH�WKHRU\�ZDV�QRZ�WHVWHG��
F�� 7KH�WKHRU\�LV�EHLQJ�WHVWHG�QRZ��
G�� +H�WHVWHG�WKH�WKHRU\��
�
�
�����:H�FDQ�UHSODFH�WKH�SURQRXQ�µZKR¶��OLQH�����E\�
�
D�� WKDW�� F�� ZKLFK��
E�� ZKRVH�� G�� ZKRP��
�
�
1R�WLPH�WR�UHOD[�
�
(YHQ�ZKHQ�ZH�UHOD[�ZH�GR�HYHU\WKLQJ�PRUH�TXLFNO\��7HQ�\HDUV�
DJR� ZKHQ� SHRSOH� ZHQW� WR� DUW� JDOHULHV� WKH\� VSHQG� WHQ� VHFRQGV�
ORRNLQJ�DW�HDFK�SLFWXUH��7RGD\�WKH\�VSHQG�MXVW�WKUHH�VHFRQGV��
2[IRUG��1HZ�(QJOLVK�)LOH�
�
�
�����$FFRUGLQJ�WR�WKH�SDUDJUDSK�
�
D�� LQ�WKH�SDVW�SHRSOH�GLGQ¶W�DSSUHFLDWH�DUWV��
E�� QRZDGD\V�SHRSOH�VSHQG�OHVV�WLPH�YLVLWLQJ�DUW�JDOOHULHV��
F�� RQO\�WHQ�\HDUV�DJR�SHRSOH�OLNHG�WR�YLVLW�DUW�JDOOHULHV��
G�� ZH�RQO\�UHOD[�YLVLWLQJ�LQWHUHVWLQJ�SODFHV��
�
�
�����8PD� SHTXHQD� IiEULFD� GH� FLQWRV� SDJD� D� VHXV� IXQFLRQiULRV� R�
VDOiULR��FRQIRUPH�WDEHOD�DEDL[R�
�
&$5*2� 6$/È5,26��HP�UHDLV��
1R�'(�
)81&,21È5,26�
&26785(,52�$�� ������ ���
6(&5(7È5,2�$�� ������ ��
&2168/725� ������ ��
*(5(17(� ;� ��
�
&HUWR� PrV�� KRXYH� XP� DXPHQWR� GH� ���� VREUH� RV� VDOiULRV� GD�
WDEHOD�DFLPD�SDUD�WRGRV�RV�FDUJRV��
6DEHQGR�VH� TXH� D� QRYD� PpGLD� VDODULDO� SDVVRX� D� VHU� GH� ������
UHDLV��R�QRYR�VDOiULR�GR�JHUHQWH�p��HP�UHDLV��LJXDO�D�
�
D�� ������ F�� ������
E�� ������ G�� ������
�
�
�
�
� ($�&)2$9�&)2,17�&)2,1)������ 3529$6�'(�/Ë1*8$�,1*/(6$�(�0$7(0È7,&$���&Ï',*2���� �
�����6HMDP� \L[] � ��[�V�ë
��\�V�ë
�H�L�D�XQLGDGH�LPDJLQiULD��� ] �R�
FRQMXJDGR� GH� ]� H� OOOO � R� OXJDU� JHRPpWULFR� GRV� SRQWRV��
3�[��\��GR�SODQR�FDUWHVLDQR�SDUD�RV�TXDLV� �[�]�] � ��
� 6H�$�H�%�VmR�RV�SRQWRV�GH�LQWHUVHomR�GH� OOOO �FRP�R�HL[R� 2\ �H�VH�
$¶� p�R�SRQWR�GH� LQWHUVHomR�GH� OOOO � FRP�R�HL[R� 2[ �TXH�SRVVXL�D�
PHQRU�DEVFLVVD��HQWmR�D�iUHD�GR�WULkQJXOR�$¶$%�p��HP�XQLGDGHV�
GH�iUHD��LJXDO�D�
�
D�� �� � F�� � �
E�� �� � G�� � �
�
�
�����6HMDP�DV� IXQo}HV� I���è�l�ë�H�J���è�l�ë�GHILQLGDV�SRU� �
[�[�I �H�
[��[�J � �
�
&RQVLGHUH�RV�Q~PHURV�$�H�%��WDLV�TXH�
� � � � � � �
� � � � � � �����QJ��������J���J�����%
H���I��������I���I��$
����� 
��� �
�
6H�R�SURGXWR�GH�$�SRU�%�WHQGH�SDUD�R�Q~PHUR�DDDD��HQWmR��DDDD�p��
�
D�� tPSDU�P~OWLSOR�GH���
E�� SDU�GLYLVRU�GH��������
F�� SDU�P~OWLSOR�GH����
G�� tPSDU�P~OWLSOR�GH����
�
�
�����2EVHUYH�D�IXQomR�SROLQRPLDO�3�HVERoDGD�QR�JUiILFR�DEDL[R��
�
�
�
�
�
�
�
�
�
�
6DEH�VH�TXH�[� ���RX�[� ���VmR� UDt]HV�GH�3�H�TXH�R�UHVWR�GD�
GLYLVmR�GH�3�[��SRU� > @��[�����[��[ �� �p�5�[��
�
$V�UDt]HV�GH�5�[��VmR�Q~PHURV�
�
D�� LQWHLURV�SDUHV�� F�� IUDFLRQiULRV�RSRVWRV��
E�� LQWHLURV�tPSDUHV�� G�� LUUDFLRQDLV�RSRVWRV��
�
�
�����1XPD� VDOD� GH� DXOD�� HVWmR� SUHVHQWHV� �� DOXQRV� H��� DOXQDV�� 3DUD�
XPD� GHWHUPLQDGD� DWLYLGDGH�� R� SURIHVVRU� GHYHUi� HVFROKHU� XP�
JUXSR�IRUPDGR�SRU���GHVVDV�DOXQDV�H���GRV�DOXQRV��(P�VHJXLGD��
RV�HVFROKLGRV�VHUmR�GLVSRVWRV�HP�FtUFXOR�GH�WDO�IRUPD�TXH�DOXQRV�
GR�PHVPR�VH[R�QmR�ILTXHP�ODGR�D�ODGR��,VVR�SRGHUi�RFRUUHU�GH�Q�
PDQHLUDV�GLVWLQWDV��
� 2�Q~PHUR�Q�p�LJXDO�D�
�
D�� ������� F�� ����
E�� ������ G�� ����
�
�
�����7UrV�HVWXGDQWHV�$��%�H�&�HVWmR�HP�XPD�FRPSHWLomR�GH�QDWDomR��
2V� HVWXGDQWHV�$� H�%� WrP� D�PHVPD� SUREDELOLGDGH� GH� YHQFHU� H�
FDGD� XP� WHP� R� GREUR� GD� SUREDELOLGDGH� GH� YHQFHU� TXH� R�
HVWXGDQWH�&�
$GPLWLQGR�VH� TXH� QmR� KDMD� HPSDWH� QD� FRPSHWLomR�� p� )$/62�
DILUPDU�TXH�D�SUREDELOLGDGH�GH�
�
D�� $�RX�%�YHQFHU�p�LJXDO�D�����
E�� $�YHQFHU�p�LJXDO�D�����
F�� &�YHQFHU�p�PDLRU�TXH�����
G�� %�RX�&�YHQFHU�p�LJXDO�����
�
�
�
�
�
�
�
�
5$6&81+2�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
��
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
� ($�&)2$9�&)2,17�&)2,1)������ 3529$6�'(�/Ë1*8$�,1*/(6$�(�0$7(0È7,&$���&Ï',*2���� �
�����6HMD� R� VLVWHPD� 6� GH� HTXDo}HV� QDV� LQFyJQLWDV� [�� \� H� ]� H�
SDUkPHWUR�UHDO�P�
�
°¯
°®
­
 ��
 ��
 ��
 
PP]\�[
�]�P\[
�]\�[
6 �
�
$QDOLVH�DV�SURSRVLo}HV�D�VHJXLU�H�DVVLQDOH�D�,1&255(7$��
�
D�� 6H�P� �±���HQWmR�6�p�LPSRVVtYHO��
E�� 6�p�GHWHUPLQDGR�VH��H�VRPHQWH�VH��P�z���
F�� 6H�6� p�KRPRJrQHR��HQWmR�[���\���]�p� VHPSUH�XP�Q~PHUR�
P~OWLSOR�GH���
G�� 6�DGPLWH�VROXomR�SDUD�WRGR�P�/�±��
�
�
�����3DUD�D� IDEULFDomR�GH� WUrV�PRGHORV�GH�DYLmR��D�(PEUDHU�SUHFLVD�
GH�DOJXQV�HTXLSDPHQWRV��FRQIRUPH�D�WDEHOD�DEDL[R�
�
02'(/26�
�
(48,3$0(1726�
$� %� &�
32/7521$6� ��� ��� ���
(;7,1725(6� �� ��� ���
�
3DUD� R� DQR� GH� ������ D� (PEUDHU� UHFHEHX� HQFRPHQGDV� GRV� WUrV�
PRGHORV��FRQIRUPH�D�WDEHOD�DEDL[R�
�
$12�'(�
�����
�
02'(/2�
35,0(,52�
6(0(675(�
6(*81'2�
6(0(675(�
$� ��� ����D�PDLV�TXH�QR��R�VHPHVWUH�
%� \� ���
&� ��� ����D�PHQRV�TXH�QR��R�VHPHVWUH�
�
6DEHQGR�VH� TXH� D� TXDQWLGDGH� QHFHVViULD� GH� SROWURQDV� SDUD� D�
IDEULFDomR�GRV�WUrV�PRGHORV�GH�DYL}HV�QR�DQR�GH������p�������
HQWmR�D�VRPD�GRV�DOJDULVPRV�GH�\�p�LJXDO�D�
�
D�� �� F�� ��
E�� �� G�� ��
�
�
�����3HGUR�H�0DULD�FRP�VHXV�ILOKRV�*DEULHO�H�-RmR�IRUDP�D�XPD�FOtQLFD�
PpGLFD� SDUD� XPD� UHYLVmR� GH� VD~GH�� )D]LD� SDUWH� GD� DYDOLDomR�
DIHULU�R�SHVR�GH�FDGD�XP��$�EDODQoD�GD�FOtQLFD�HUD�PXLWR�DQWLJD�H�
WLQKD�XP�GHIHLWR��Vy�LQGLFDYD�SHVRV�PDLRUHV�TXH����NJ�
3DUD�UHVROYHU�D�SHVDJHP��SURFHGHX�VH�GD�VHJXLQWH�PDQHLUD��
�
3HVRX�VH�
�
x� 3HGUR��0DULD�H�*DEULHO��WRWDOL]DQGR�����NJ�
x� 3HGUR��*DEULHO�H�-RmR��WRWDOL]DQGR�����NJ�
x� 0DULD��*DEULHO�H�-RmR��WRWDOL]DQGR����NJ�
x� 3HGUR��0DULD��*DEULHO�H�-RmR��WRWDOL]DQGR�����NJ�
�
&RP�EDVH�QHVVDV�LQIRUPDo}HV��p�FRUUHWR�DILUPDU�TXH�
�
D�� FRP�HVVD�EDODQoD�p�SRVVtYHO�SHVDU�*DEULHO�H�-RmR�MXQWRV��
E�� D�GLIHUHQoD�HQWUH�RV�SHVRV�GH�3HGUR�H�0DULD�p�R�SHVR�GH�-RmR��
F�� 3HGUR�p�PDLV�SHVDGR�TXH�0DULD�H�-RmR�MXQWRV��
G�� QmR�p�SRVVtYHO�SHVDU�0DULD�VR]LQKD�QHVVD�EDODQoD��
�
�
�����&RQVLGHUH� DV� FLUFXQIHUrQFLDV� GDGDV� SHOD� HTXDomR� ��� E
�\[ � ��
�E�V�è
���
� $�FLUFXQIHUrQFLD�TXH�FLUFXQVFUHYH�XP�TXDGUDGR�GH�iUHD� LJXDO�D��
������p�WDO�TXH�E�SHUWHQFH�DR�LQWHUYDOR�
�
D�� «¬
ª»¼
º
��
��� � F�� «¬
ª»¼
º
��
����
� �
E�� «¬
ª»¼
º
��
����
� � G�� «¬
ª»¼
º
��
����
� �
5$6&81+2�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
� ($�&)2$9�&)2,17�&)2,1)������ 3529$6�'(�/Ë1*8$�,1*/(6$�(�0$7(0È7,&$���&Ï',*2���� �
�����$QDOLVH�R�JUiILFR�DEDL[R�GD�IXQomR�UHDO�J���ë�l�ë�
�
�
�
�
�
�
�
�
�
�
�
�
6H�K�p�XPD�IXQomR�UHDO�WDO�TXH� � � � � ���[J��[K � ��HQWmR��PDUTXH�D�
DOWHUQDWLYD�YHUGDGHLUD��
�
D�� � �� � ��K���KKK $$$$ �
E�� � �� � � �� ��KKKK�KKK $$$$$ ! �
F�� 6H� ¸¸¹
·
¨¨©
§
¸¸¹
·
¨¨©
§
¸¸¹
·¨¨©
§ �
�KKK\ �HQWmR�\�V�@����>�
G�� 6H� ¸¸¹
·
¨¨©
§
¸¸¹
·
¨¨©
§
¹¸
·
©¨
§ �
�KKK[ �HQWmR�[�V�@����>�
�
�
�����&RQVLGHUH�D�UHWD�U�VLPpWULFD�GD�UHWD� � � ��\[�V �� �HP�UHODomR�j�
UHWD� � � ��\�[W �� ��
&RP�EDVH�QLVVR��PDUTXH�D�DOWHUQDWLYD�YHUGDGHLUD��
�
D�� 6H� �\�
�� ��� HQWmR� ‡ ˆ WU �
E�� � �\�[3� V�U�WDO�TXH� �\H�[ !� �
F�� 1D�UHWD�U��VH� �
�[ ! �HQWmR� �
�\ �� �
G�� � � �\�[3 V�U�WDO�TXH�[�@���H� ���\ �� �
�
�
�����1D� ILJXUD�DEDL[R�� WHP�VH�UHSUHVHQWDGR�DV� IXQo}HV�I��J�H�K�TXH�
LQGLFDP� RV� YDORUHV� SDJRV�� UHVSHFWLYDPHQWH�� jV� ORFDGRUDV� GH�
DXWRPyYHLV� DDDD �� EEEE �H� JJJJ �SDUD�[�TXLO{PHWURV�URGDGRV�SRU�GLD��
� 8PD�SHVVRD�SUHWHQGH�DOXJDU�XP�FDUUR�H�DQDOLVD�DV�WUrV�RSo}HV��
�
�
�
�
�
�
�
�
�
�
�
�
�
�
$SyV�D�DQiOLVH�� HVVD�SHVVRD� FRQFOXL�TXH�RSWDU�SHOD� ORFDGRUD� DDDD �
DR� LQYpV� GDV� RXWUDV� GXDV� ORFDGRUDV�� p� PDLV� YDQWDMRVR� TXDQGR��
[�V�@P���f>��P�V�ë�
�
2�PHQRU�YDORU�SRVVtYHO�SDUD�P�p�
�
D�� ��� F�� ���
E�� ��� G�� ���
�
�
�����6REUH� D� IXQomR� UHDO� I��� '� l� ë� GDGD� SRU� �[�ORJ��[�I ��� �� p�
,1&255(72�DILUPDU�TXH�p�
�
D�� SDU� F�� FUHVFHQWH�VH�[�V�>����f>�
E�� VREUHMHWRUD�}[�V�'� G�� LQMHWRUD�}[�V�'�
�
�
�
�
�
�
�
5$6&81+2�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
� ($�&)2$9�&)2,17�&)2,1)������ 3529$6�'(�/Ë1*8$�,1*/(6$�(�0$7(0È7,&$���&Ï',*2���� �
�����6HMD�D�IXQomR�UHDO�I�GHILQLGD�SRU� � � � � ¸¸¹
·¨¨©
§ �S� [��VHQ[�FRV[I �
� 0DUTXH�D�DOWHUQDWLYD�TXH�SRVVXL�D�PHOKRU�UHSUHVHQWDomR��QR�FLFOR�
WULJRQRPpWULFR��GH�WRGDV�DV�UDt]HV�GD�IXQomR�I�
�
D�� �� F�� ��
�
�
�
�
�
�
�
�
�
E�� �� G�� ��
�
�
�
�
�
�
�
�
�����&RQVLGHUH�R�HVERoR�GRV�JUiILFRV�GDV�IXQo}HV�UHDLV�I��J�H�K��WDLV�
TXH�I�p�GR��R�JUDX�H�J�H�K�VmR�GR��R�JUDX��
� 6DEH�VH�TXH�9�p�R�YpUWLFH�GD�SDUiEROD��
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
2�FRQMXQWR�GH�WRGRV�RV�YDORUHV�GH�[�SDUD�RV�TXDLV� � � � � � �[I[J[K !! �p�
�
D�� ��@����>� F�� ��>����@�
E�� ��>����@� G�� ��@����>�
�
�
�����6HMDP� DV� IXQo}HV� UHDLV� GDGDV� SRU� � � �[��[I � H� � � �[�[J � ��
6H� E� X� ë� WDO� TXH� � �EJ���I ¸¸¹
·¨¨©
§ � H� EORJS � �� HQWmR� VREUH� S� p�
FRUUHWR�DILUPDU�TXH�
�
D�� QmR�HVWi�GHILQLGR��
E�� p�SRVLWLYR�H�PHQRU�TXH���
F�� p�QHJDWLYR�H�PHQRU�TXH���
G�� p�SRVLWLYR�H�PDLRU�TXH���
�
�
�����6REUH� D� IXQomR� UHDO� I� GHILQLGD� SRU� � � � �� �FRV[VHQ[������[I �� �� p�
,1&255(72�DILUPDU�TXH�
�
D�� � � > @�����I,P � ��
E�� p�GHFUHVFHQWH�SDUD�WRGR�[�X� »¼
º«¬
ª SS
�
��� �
F�� SRVVXL���UDt]HV�QR�LQWHUYDOR� > @S���� �
G�� WHP� SHUtRGR� LJXDO� DR� SHUtRGR� GD� IXQomR� UHDO� J� GDGD� SRU�� � � �[�I[J �
�
�
�
�
�
�
�
�
5$6&81+2�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
� ($�&)2$9�&)2,17�&)2,1)������ 3529$6�'(�/Ë1*8$�,1*/(6$�(�0$7(0È7,&$���&Ï',*2���� �
�����$�5HYLVWD�eSRFD�SXEOLFRX�XPD�UHSRUWDJHP�HP�IHYHUHLUR�GH������
D�UHVSHLWR�GR�LPSDFWR�GD�FULVH�ILQDQFHLUD�PXQGLDO�QR�FUHVFLPHQWR�
GD�HFRQRPLD��
�
'HVDFHOHUDomR�UHFRUGH�
�
(P�������D�HFRQRPLD�PXQGLDO�GHYHUi�WHU�R�PHQRU�FUHVFLPHQWR�
GHVGH�D��D�*XHUUD�0XQGLDO��HP���DR�DQR��
�
2�JUiILFR�DEDL[R�LQGLFD�R�SHUFHQWXDO�GH�FUHVFLPHQWR�GD�HFRQRPLD�
PXQGLDO�GH�DOJXQV�DQRV��QR�SHUtRGR�GH������D������
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
)RQWH�� 5HYLVWD� eSRFD� ±� �����������QR� ���� ±� SiJ�� ����
�$GDSWDGR��
�
6DEHQGR�VH� TXH� QR� DQR� GH� ����� R� SHUFHQWXDO� IRL� HVWLPDGR��
DQDOLVH�R�JUiILFR�H�PDUTXH�D�DOWHUQDWLYD�)$/6$��
�
D�� +RXYH� XP� DXPHQWR� VXSHULRU� D� ���� GR� SHUFHQWXDO� GH�
FUHVFLPHQWR�GR�DQR�GH������SDUD�R�DQR������
E�� $� TXHGD� GH� FUHVFLPHQWR� GR� DQR� GH� ����� SDUD� R� SHUFHQWXDO�
HVWLPDGR�QR�DQR�GH������p�PHQRU�TXH�����
F�� 2�DXPHQWR�GR�SHUFHQWXDO�GH�FUHVFLPHQWR�GR�DQR�GH������HP�
UHODomR� DR� DQR� GH� ����� p� DSUR[LPDGDPHQWH� ���� GR�
SHUFHQWXDO�GH�FUHVFLPHQWR�GR�DQR�GH������
G�� $�WD[D�GH�FUHVFLPHQWR�GR�DQR�GH������HP�UHODomR�DR�DQR�GH�
�����p�D�PHVPD�TXH�D�WD[D�GH�FUHVFLPHQWR�GR�DQR�GH������
HP�UHODomR�DR�DQR�GH������
�
�
�����&RQVLGHUH�XPD�FKDSD�GH�DoR�FLUFXODU�GH�HVSHVVXUD�GHVSUH]tYHO�H�
UDLR����FP�
� 5HFRUWDQGR�VH�� GHVVD� FKDSD�� GRLV� VHWRUHV� FLUFXODUHV� GH� kQJXOR�
UDG�
�S �FDGD��H�MXQWDQGR�VH�HP�FDGD�XP�GHVVHV�VHWRUHV�RV�ODGRV�
GH� PHVPD� PHGLGD�� VHP� SHUGD� GH� PDWHULDO�� REWpP�VH� GRLV�
REMHWRV�HP�IRUPD�GH�FRQH��
8QLQGR�VH�DV�EDVHV�GHVVHV�FRQHV��REWpP�VH�XP�REMHWR�$�
'HQWUR�GHVVH�REMHWR�$�IRUDP�LQVHULGDV�HVIHUDV�GH�IHUUR�FXMD�iUHD�
GD�VXSHUItFLH��GH�FDGD�XPD��p� �FP�S �
6DEHQGR�VH� TXH� IRUDP� LQVHULGDV�D� PDLRU� TXDQWLGDGH� SRVVtYHO�
GHVVDV�HVIHUDV�GHQWUR�GR�REMHWR�$��R�HVSDoR�YDJR�GHQWUR�GHVVH�
REMHWR��p�WDO�TXH��VHX�YROXPH�p��HP� �FP ��LJXDO�D�
'DGR�� ����� �
�
D�� S� � F�� �
S �
E�� S � G�� �
S �
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
5$6&81+2�
�
�

Outros materiais