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
考研
I am delighted to guest at this festive occasion celebrating the 50th anniversary of diplomatic relations between Finland and th
I am delighted to guest at this festive occasion celebrating the 50th anniversary of diplomatic relations between Finland and th
admin
2009-04-27
64
问题
I am delighted to guest at this festive occasion celebrating the 50th anniversary of diplomatic relations between Finland and the People’s Republic of China. I have been asked to give a comment on the outlook for the common European currency, the Euro. During the past year or so, a lot of different views have been presented about the Euro’s performance. (46)
Considering the fact that the Euro is a new currency with a major international role in the foreign exchange markets, it is only natural that it has drawn much attention.
However, I would like to point out that attempts to measure the success of the Economic and Monetary Union by the Euro’s external value are misplaced. The benefits of the Euro stem from elsewhere. Indeed, the benefits that the Euro can and will offer are distinctly of a long-term and structural nature. In the end, a short term misalignment of the Euro has very little to do with these structural developments.
One can come up with a number of explanations for the depreciation of the Euro or the strength of the US dollar, which is the other side of the coin. (47)
The growth gap, and associated interest rate difference between the Euro area and United States, have been no doubt among the most popular explanations, and there is some truth to this.
Most importantly, the dynamic growth in the US has been a source of constant surprise to most of us.
(48)
However, in the meantime the economic outlook for the Euro area has improved considerably. The European Central Bank has succeeded very well in delivering price stability for the Euro area, which is its primary and the most important objective.
Member States of the Euro area have agreed on, and implemented a number of important initiatives aiming at raising the growth potential of the Euro area. Indeed, despite of these facts, it seems that the uncertainties associated with the Euro area have received more attention than those affecting the US Economy. This asymmetry has affected the Euro negatively. (49)
According, it is widely recognized that the Euro is significantly undervalued, and the present level does not reflect the strong fundamentals of the Euro area economy.
Most of these challenges reflect the fact that the Euro is still a young currency. (50)
In fact, for the citizens of the Euro area, the single currency will not become more tangible until’2002, when the actual notes and coins will be introduced. This is just to say that at this point only tentative conclusions of the functioning of the Euro can be made.
选项
答案
欧元区与美国之间的经济发展差距和相关的利率差异无疑是最普通的一种解释,也有着一定的道理。
解析
转载请注明原文地址:https://kaotiyun.com/show/L5a4777K
0
考研英语一
相关试题推荐
[A]Waysforparentstohelpdeafchildrenspeak[B]Variousreactionsofparentstotheirdeafchildren[C]Badattitude
BritishphysicistDr.JessWadehaswritten270Wikipediapagesfortrailblazingfemalescientistsinanefforttogeteverywom
NewYorkandLondonmaybedominant,butotherfinancialcentersinAmericaandEuropehavemanagedtocarveoutusefulspeciali
LotsofstateswouldlovetobeCaliforniaandhavetheirownlittleHollywood.Filmcrewswouldthencometotownandspendmon
Airlineallianceshavetravellersscratchingtheirheadsoverwhat’sgoingonintheskies.Somefolksviewalliancesasabless
Itmaybesummertime,butthelivingisn’teasy—notforwearyworkerswhoselastvacationisadistantmemory.Accordingtoone
Tea,thatmosttypicalofEnglishdrinks,isarelativelatecomertoBritishshores.Althoughthecustomofdrinkingteadatesb
ReadthefollowingtextandanswerthequestionsbychoosingthemostsuitablesubtitlefromthelistA-Gforeachnumberedpara
Thereareplentyofgoodreasonsforayoungpersontochoosetogotouniversity:intellectualgrowth,careeropportunities,ha
Universityusedtobeforaprivilegedfew.Insomecountriesitisnowalmostariteofpassage.Althoughthatisexcellentnew
随机试题
男,50岁。急性心肌梗死1个月,今晨再发胸痛,持续8小时不缓解,遂来急诊。查体:BP100/60mmHg,心率95次/分,心肺检查无异常。心电图:I、aVL导联ST段弓背向上抬高。血清肌钙蛋白升高。导致该患者胸痛最可能的原因是
甲、乙、丙、丁按份共有某商铺,各自份额均为25%。因经营理念发生分歧,甲与丙商定将其份额以100万元转让给丙,通知了乙、丁;乙与第三人戊约定将其份额以120万元转让给戊,未通知甲、丙、丁。下列哪些选项是正确的?(2017年卷三54题)
乙基于强奸故意正在对妇女实施暴力,甲出于义愤对乙进行攻击,客观上阻止了乙的强奸行为。观点:①正当防卫不需要有防卫认识②正当防卫只需要防卫认识,即只要求防卫人认识到不法侵害正在进行③正当防卫只需要防卫意志,即只要求防卫人具有保护合法权益的意图④正当
某钢铁厂轧钢车间的轧钢主传动电动机的工作方式为周期性波动负荷连续工作制,电动机轴上的轧制负荷转矩见下表。现有一台额定功率为1170kW不带飞轮的同步电动机拟作为该轧钢机的主传动电动机,其额定转速为1000r/min,过载能力(最大转矩与额定转矩之比)为2.
可撤销的合同,当事人必须从知道或者应当知道撤销事由之日起( )内行使撤销权。
甲公司持有乙公司70%股权,能够对乙公司实施控制,甲公司2015年度合并财务报表中少数股东权益为950万元。2016年度,乙公司发生净亏损3500万元。无其他所有者权益变动,除乙公司外,甲公司没有其他子公司。不考虑其他因素,下列关于甲公司在编制2016年度
商业银行在识别和分析集团法人客户信用风险的过程中,应当()。
下列关于运营资金管理的表述中,正确的有()。
美国中部有如一座炙热的砖窑:牧场和草田被烤得焦黄,玉米在干裂粉灰状的土中挣扎着,已呈枯萎状,但尚能自救。如果下几天透雨,大豆的长势仍能转好,但这场透雨得快来才行。这一场殃及美国大片地区的干旱可能是50年来危害最烈的一次。这倒并不是因为它持续时间长,而是因为
A、Itshouldbeassimilatedthoroughly.B、Itshouldbeauthorizedbythesource.C、Itshouldbeparaphrasedbytheauthors.D、It
最新回复
(
0
)