When hosting an Olympic Games, a country has to take account of several considerations, among which the nancial one is by far the most important. The costs of hosting the Olympics can (1)____ tens ofbillions of dollars, and it is commonplace for budgets to double or even triple. In addition to the direct costs of hosting the Games (the opening and closing ceremonies, athletes’ village, security, etc.,), cities often must build expensive new venues (2)_____ lesser-known sports. Once constructed, ...

When hosting an Olympic Games, a country has to take account of several considerations, among which the nancial one is by far the most important. The costs of hosting the Olympics can (1)____ tens ofbillions of dollars, and it is commonplace for budgets to double or even triple. In addition to the direct costs of hosting the Games (the opening and closing ceremonies, athletes’ village, security, etc.,), cities often must build expensive new venues (2)_____ lesser-known sports. Once constructed, sports venues often incur additional maintenance costs long after the Games have ended. While costs are the (3)_____ concern for a host city, there are other factors to consider. For one, an Olympic host city may receive substantial revenue from ticket sales, tourist spending, corporate sponsorship, and television rights. Cities such as Los Angeles (1984) actually made a large prot from the Games they hosted. (4)_____ , hosting the Olympic Games confers prestige on a host city and country, which can lead to increased trade and tourism. The Olympics are also an opportunity to invest in projects (5)_____ improve the city’s quality of life, such as new transportation systems