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
• Road the article about the European Monetary Union and the questions below. • For each question 15—20, mark one letter (A, B,
• Road the article about the European Monetary Union and the questions below. • For each question 15—20, mark one letter (A, B,
admin
2013-02-14
80
问题
• Road the article about the European Monetary Union and the questions below.
• For each question 15—20, mark one letter (A, B, C or D) for the answer you choose.
With euro bills 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 large 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 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 demand of a single monetary policy, combined with free trade a mong 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 net guarantee the union’s success.
What is the main idea of Para 4?
选项
A、Original European Monetary Union members have become more similar in their cyclical behavior.
B、New member nations will challenge the originals’ authority.
C、Germany, France and Italy resent the joining of new nations into the European Monetary Union.
D、There are lots of difficulties to reach consensus in monetary policy.
答案
D
解析
转载请注明原文地址:https://kaotiyun.com/show/iW7d777K
本试题收录于:
BEC高级阅读题库BEC商务英语分类
0
BEC高级阅读
BEC商务英语
相关试题推荐
FortwocandidatesTimeManagementYourcompanyhasfoundthatineffectivetimemanag
Yourcompanyhasfoundthatineffectivetimemanagementisoneofthemajorproblemareasthrough-outtheworkforce.Youhaveb
TaskSheet:A:Advertising:howtowriteajobadvertisementB:StaffManagement:howtosetupaneffectiverewardingsyste
Saywhatyouwant—strong明确表示自己所需
Strongcomplaints强硬投诉
Tellingyouraudiencethattheycanaskquestions请听众提问
Theinterlocutorasksyouquestionsonanumberofwork-relatedandnonwork-relatedsubjects.
Theinterlocutorasksyouquestionsonanumberofwork-relatedandnonwork-relatedsubjects.
随机试题
下列关于良好的医患关系的重要性叙述错误的是
男,40岁。发热、鼻衄、牙龈出血、黑便1周。皮肤黏膜弥散瘀斑、瘀点。实验室检查:外周血Hb68g/L,WBC1.9×109/L,Plt25×109/L,外周血幼稚细胞占50%。骨髓增生明显活跃,异型幼稚细胞90%,此类细胞较大,不规则,可见成堆的Auer小
施工缝的位置应在混凝土浇筑之前确定,下列做法正确的是( )。
下列关于股权类产品风险的说法,正确的是( )。
人们非常关注失业率问题,下列说法正确的有()。
简述语文教学方法中的谈话法的运用要点。
A.betweenB.imitateC.accelerateD.otherwisePhrases:A.enablingthebirdto【T13】______B.it【T14】______couldC.wouldbedi
下列人员可以构成军人违反职责罪的是()。
Whatistheoccasionfortheman’sspeech?
但在汽车市场高速发展的同时也产生了负面的影响。
最新回复
(
0
)