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
Passage Two (1) Britain’s economy will lose momentum this year amid squeezed living standards and uncertainty over Brexit a
Passage Two (1) Britain’s economy will lose momentum this year amid squeezed living standards and uncertainty over Brexit a
admin
2022-09-27
48
问题
Passage Two
(1) Britain’s economy will lose momentum this year amid squeezed living standards and uncertainty over Brexit and the inconclusive election result, leading ratings agencies have predicted.
(2) Moody’s said the qualms about talks in Brussels and the minority government have increased the U. K. ’s political and financial risks. Analysts at the ratings agency said the U. K. economy has started to slow and they expect it to weaken considerably throughout the rest of the year, adding that it was unclear if the government could deliver a "reasonably good" Brexit deal.
(3) Moody’s said the government appeared to be pursuing objectives pointing towards a hard exit and said growth prospects over the medium term could be "materially weaker" if the U. K. fails to sign a trade deal allowing access to the single market. Kathrin Muehlbronner, a senior vice president at Moody’s, said; "The likelihood of an abrupt—and damaging exit—with no agreement and reversion to World Trade Organization trading rules has increased compared to our expectation after the referendum, with the government so far pursuing objectives that imply a hard exit. "
(4) Weaker public finances could lead to a " further delay in reversing the rising tend of public debt" , the agency warned in a report. However, it said the Bank of England’s credibility should ensure financial stability, with exchange rate flexibility giving support for exports.
(5) Another ratings agency, Standard & Poor’s, also predicted a fall in the U. K. ’s growth rate—from 1. 8% in 2016 to 1. 4% in 2017 and 0. 8% in 2018—adding that the outlook might be even worse if the Brexit talks between Britain and the EU go badly.
(6) Despite speculation of an increase in interest rates from the Bank of England next month, S & P said the weakness of the economy would result in borrowing costs being left on hold at 0. 25% for another two years. S &P ’s senior economist, Boris Glass, said; "Given demand weakness, the temporary nature of imported inflation, moderate domestic wage pressures, and Brexit uncertainties, we expect the Bank of England’s current ultra-accommodative stance to continue over the medium term and expect a first rate hike to occur only in mid-2019. "
(7) S &P said the better-than-predicted performance of the economy in 2016 had been the result of "extraordinarily robust consumer spending" but added that the pressure on households from prices rising more rapidly than wages was likely to persist for the rest of 2017 and into 2018.
(8) Figures due out on Wednesday will show whether the lowest unemployment since the 1970s has started to have an upward effect on earnings, which are currently growing by just over 2% a year. Inflation as measured by the consumer prices index is running at 2. 9% , while the retail prices index is 3. 7%.
(9) The depreciation of the pound would make the U. K. exports more competitive but would only add between 0. 2 and 0. 3 percentage points to growth from 2017 to 2020. S &P said a study of the data showed that some U. K. exporters had taken advantage of the fall in sterling to raise their prices rather than to break into new markets. The agency said that while the price increases were to some extent a matter of choice, they were likely to have been necessary for firms that relied on imports which had become more expensive as a result of the falling exchange rate. With firms making Brexit contingency plans, investment was being shelved rather than given the go-ahead.
(10) "Our forecasts for slower growth are subject to considerable downside risks, stemming mainly from Brexit uncertainties," Glass said. "For example, the staging of the negotiations, with the ’divorce’ settlement being negotiated before any future relationship with the EU is addressed, means that should the separation negotiations stall, there would be less time left for negotiating the future trade relationship, risking a cliff edge. " "In general, should negotiations stall for an extended period, this could translate into a further significant depreciation of sterling and a consequent rise in inflation. "
(11) Ben Broadbent, one of the Bank of England’s deputy governors, said a sharp drop in the U. K. trade with the EU after Brexit would be bad for the economy. In a speech in Aberdeen that focused on the benefits of international trade, Broadbent said: "Put simply, a significant curtailment of trade with Europe would force the U. K. to shift away from producing things it’s been relatively good at, and therefore export to the EU, and towards the things it currently imports and is relatively less good at. "
(12) A number of MPC members—including the governor, Mark Carney, and the Bank’s chief economist, Andy Haldane—have given their views on the outlook for borrowing costs in recent months. Broadbent voted for official interest rates to remain on hold at the MPC’s last meeting in June and his failure to mention monetary policy was seen by the City as a sign that he will vote the same way again in August. The pound fell slightly after Broadbent’s speech and closed in London at $ 1. 285.
The figures in Para. 8 are cited to________.
选项
A、explain the relation between price and wage
B、contrast economic prediction with performance
C、support S &P ’s view on the U. K. ’s economic condition
D、educe a discussion about the pound depreciation
答案
C
解析
推断题。根据题干定位至第八段。第八段中引用了收入增长、通货膨胀率和英镑贬值的情况,这些数据之前是标准普尔对于2016年英国经济表现的解读和对未来经济情况的预期,数据之后仍是标准普尔关于英镑贬值对企业行为影响的分析和预测,可见这些数据都是用于支持该分析公司对英国经济情况的观点与看法,这与[C]表述一致,故[C]为答案。[A]“解释价格与工资的关系”在原文中没有明确提及,故排除;相关段落并没有提到之前对经济的预期情况,因此排除[B]“比较经济预期与表现”;第八段所涉及的数据并不仅仅是关于英镑贬值的,因此[D]引出关于英镑贬值的探讨”说法过于局限,故排除。
转载请注明原文地址:https://kaotiyun.com/show/WQBK777K
0
专业英语八级
相关试题推荐
A、AnyonebutShakespeare.B、Bookswrittenin19thcentury.C、Booksonsurvivalskills.D、Booksaboutlivinginbigcities.C访谈第
PASSAGEFIVE
PASSAGEFOURWhatdidMr.Galili’smovingfromAmsterdamtoGroningenturnouttobe?
PASSAGETHREEHowcanKentWalker’sattitudetowardstheresultoftheauctionbebestdescribed?
PASSAGETWO
PASSAGEONEWhatdoesMrNasheedthinktobetheconditionofelectionsholding?
(1)Aswehurtletowardsmenewmillennium,whatisthebettersymboloftherelentlesspassageoftimethanmeancientsundial?
随机试题
A.筒箭毒B.肉毒杆菌毒素C.河豚毒素D.阿托品E.四乙胺特异性阻断电压门控Na+通道的是
A.处违法收入50%.以上三倍以下的罚款B.处以五千元以上二万元以下的罚款C.处以一万元以上三万元以下的罚款D.处以二万元以上十万元以下的罚款E.处以三万元以上五万元以下的罚款
1岁患儿,呕吐、腹泻,稀水便5d,1d来尿量极少,精神委靡,前囟及眼窝极度凹陷,皮肤弹性差,四肢发凉,脉细弱,血清钠125mmol/l。请判断该患儿脱水程度与性质()。
下列项目中,需要编制施工组织总设计的项目有()。
适用于含酸碱的排风系统的风管有()。
下列税金中,应计入存货成本的有()。
为什么减肥老反弹?科学家先用高脂饮食喂养小鼠,小鼠们变得过度肥胖之后,对其中的一部分进行正常饮食,它们随之恢复到最初体型。经多次循环上述喂养方式,研究者发现,每次当高脂一正常饮食的小鼠恢复到最初体重时,它们的耗氧量、能量消耗和其他肥胖指标均恢复到了正常值,
设当x→0时,f(x)=x—sinax与g(x)=x2ln(1一bx)是等价无穷小,则()
阅读以下叙述,回答问题【说明】某高校计划建设校园一卡通项目,选择了具有自主一卡通产品的A公司作为系统集成商。项目的主要内容是对学校的3个学生食堂、1个图书馆、1个体育馆实现统一管理,并与学校的后勤保障和财务部门的主要业务系统联通。为保证项
Thefollowingquestionspresentasentence,partofwhichorallofwhichisunderlined.Beneaththesentence,youwillfindfiv
最新回复
(
0
)