2. 考研
  3. Emerging Economic Powerful Country After Economic Crisis It is becoming increasingly clear-that the story of the global econ

Emerging Economic Powerful Country After Economic Crisis It is becoming increasingly clear-that the story of the global econ

admin2013-05-04  58
问题             Emerging Economic Powerful Country After Economic Crisis
    It is becoming increasingly clear-that the story of the global economy is a tale of two worlds. In one, there is only gloom and doom, and in the other there is light and hope. In the traditional centers of wealth and power—America, Europe and Japan—it is difficult to find much good news. But there is a new world out there—China, India, Indonesia, , Brazil—in which economic growth continues to power ahead.
    Compare the two worlds. On the one side is the West(plus Japan), with banks that are over-utilized and thus dysfunctional, governments groaning under debt, and consumers who are rebuilding their broken balance sheets. America is having trouble selling its lOUs at attractive prices (the last three Treasury auctions have gone badly); its largest state, California, is heading toward total fiscal collapse; and its budget deficit is going to surpass 13 percent of GDP a level last seen during World War II. With all these burdens, even if there is a recovery, the United States might not return to fast-paced growth for a while. And it’s probably more dynamic than Europe or Japan.
    Meanwhile, emerging-market banks are largely healthy and profitable. (Every Indian bank, government-owned and private, posted profits in the last quarter of 2008) The governments are in good fiscal shape. China’s strengths are well known-$2 trillion in reserves, a budget deficit that is less than 3 percent of GDP-but consider Brazil, which is now posting a current account surplus. Or Indonesia, which has reduced its debt from 100 percent of GDP nine years ago to 30 percent today. And unlike in the West—only a year ago, their chief concern was an overheated economy and inflation. Brazil has cut its interest rate substantially, but only to 10.25 percent, which means it can drop it further if things deteriorate even more.
    The mood in many of these countries remains surprisingly optimistic. Their currencies are appreciating against the dollar because the markets see them as having better fiscal discipline as well as better long-term growth prospects than the United States. Their bonds are rising. This combination of indicators, all pointing in the same direction, is unprecedented.
    The United States remains the richest and most powerful country in the world. Its military spans the globe. But from the Spanish Empire of the 16th century to the British Empire in the 20th century, great global powers found that their fortunes begin to turn when they get overburdened with debt and stuck in a path of slow growth. These are early warnings.
What message are the examples of the Spanish Empire and the British Empire intended to convey?
选项 A、The U.S. might be overtaken by other countries one day.
B、The great empires have lost their influences over others.
C、Great powers are doomed to lose their influence.
D、Over-debt is destined to cause slow growth for a nation.
答案A
解析 推理判断题。由题干中的the Spanish Empire and the British Empire定位到最后一段。最后一段开头说：美国仍然是世界上最强大的国家，它的军事力量遍布全球。紧接着话锋一转，说从16世纪的西班牙王国到20世纪的大英王国，世界强国总是发现，一旦背负了过重的债务，并且陷在经济发展放缓的境地不能脱身的时候，好运气就会转身离去，这是先期的预警。而现在美国的处境正是背负了巨大的债务，经济处于衰退中而无法恢复，因此我们可以推断美国可能会像16世纪的西班牙王国和20世纪的大英帝国一样失去它们的地位，因此[A]为正确答案。[B]、[C]、[D]项说法过于绝对，均可排除。
转载请注明原文地址:https://kaotiyun.com/show/4xd4777K
0

考研英语一

相关试题推荐
随机试题
最新回复(0)