首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
With euro hills and coins now circulating across much of Europe, the European Monetary Union is fully in place. The post-World W
With euro hills and coins now circulating across much of Europe, the European Monetary Union is fully in place. The post-World W
admin
2010-01-07
37
问题
With euro hills and coins now circulating across much of Europe, the European Monetary Union is fully in place. The post-World War Ⅱ European leaders’ dream of an economically and politically unified continent is one large step closer to realization, and membership in the monetary union could easily grow to 20 or more countries from the current 12 as the larger European Union expands to the east. A fully operational European Monetary Union does not come, however, with a guarantee of success. There is one enormous problem: This union creates a single monetary policy for a group of quite different national economies that often experience divergent business-cycle patterns.
As long as business-cycle conditions differ significantly among European Monetary Union countries, there is no way for the central bank’s policies to avoid creating serious problems for some members. The patterns of economic ups and downs remain far more diverse in the European Monetary Union countries, and it is not clear that this will change soon. The designers of the monetary union thought that the imposition of a single monetary policy, combined with free trade among the members, would cause cyclical conditions to converge quickly, producing a unified group of economies.
A 1997 agreement also limits the power of the individual nations in the European Monetary Union to use government spending or tax cuts to ease national downturns. They can be fined if they run budget deficits of more than 3 percent of their gross domestic products. No fines have been levied yet, but the threat is there.
Even if the economies of the original European Monetary Union members become more similar in their cyclical behavior, it will take far longer for the convergence to include the new member nations expected to come in within the next 10 or 15 years. The chances for consensus on the Governing Council, however thin now, will become far more distant with more members representing divergent national economies. And the larger nations, like Germany, France and Italy, might well resent the power of representatives from much smaller nations to outvote them on monetary policy.
All of this does not mean that the European Monetary Union is likely to fail. But clearly the arrival of the euro as the standard currency does not guarantee the union’s success.
Which of the words below can replace the word "levied" (Line 3, Para. 3)?
选项
A、Collected.
B、Fined.
C、Forced.
D、Asked.
答案
A
解析
这里是“征收,收集”的意思。
转载请注明原文地址:https://kaotiyun.com/show/EcPd777K
本试题收录于:
公共英语四级笔试题库公共英语(PETS)分类
0
公共英语四级笔试
公共英语(PETS)
相关试题推荐
Forchildrenwithlearningdisabilities,successatreadingandmathematicsisn’talwaysaseasyaslearningtheirABCsorthat
Forchildrenwithlearningdisabilities,successatreadingandmathematicsisn’talwaysaseasyaslearningtheirABCsorthat
In1959theaverageAmericanfamilypaid$989forayear’ssupplyoffood.In1972thefamilypaid$1,311.Thatwasaprice
In1959theaverageAmericanfamilypaid$989forayear’ssupplyoffood.In1972thefamilypaid$1,311.Thatwasaprice
WhatdoesGeorgeOrwelldo?
ThepagesoftheHarvardBusinessReviewarenotusuallypopulatedbynovelists.ButJosephFinderisjustsuchararity.Recent
In1959theaverageAmericanfamilypaid$989forayear’ssupplyoffood.In1972thefamilypaid$1,311.Thatwasapricei
In1959theaverageAmericanfamilypaid$989forayear’ssupplyoffood.In1972thefamilypaid$1,311.Thatwasaprice
ThepagesoftheHarvardBusinessReviewarenotusuallypopulatedbynovelists.ButJosephFinderisjustsuchararity.Recent
随机试题
人们通过生活实践所形成的对人生问题的一种稳定的心理倾向和基本意图称为
人生什么事最苦呢?贫吗?不是;失意吗?不是;老吗?死吗?都不是。我说人生最苦的事,莫苦于身上背着一种未来的责任。人若能知足,虽贫不苦;若能安分(不多作分外希望),虽失意不苦;老、病、死,乃人生难免之事,达观的人看得很平常,也不算什么苦。独是凡人生活在世间一
亚硝酸钠滴定法测定磺胺类药物或其他含芳伯氨基药物时,滴定前应加
患者,男性,34岁。因慢性胆囊炎在门诊预约进行胆囊造影检查,护士为其讲解检查的方法。下列错误的是
土地使用权抵押设定登记的申请人应提交的土地权属证明文件有()。
《中华人民共和国环境保护法》规定:()应当对本行政区域的环境质量负责。
增长1%的绝对值用公式表示为()。
约翰为在某市工作的外籍人士,在中国境内无住所,其所在国与中国签订了税收协定。约翰已经在中国境内居住满5年,2017年是他在中国境内居住的第6年且居住满1年,12月取得收入如下:(1)从中国境内任职的外商投资企业取得工资收入20000元;从境外取得工资折合
在解决问题的过程中,对解答问题有启示作用的相类似的事物称为()
下面的描述中表达错误的是
最新回复
(
0
)