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
101
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
TaskSheet:A:Advertising:howtowriteajobadvertisementB:StaffManagement:howtosetupaneffectiverewardingsyste
1.Practiseansweringthesequestions.PhaseOne:•Canyoutellmeaboutyourpresentjobandyourplansforthefuture?•Can
Askingquestions询问
ManagementSkills:theimportanceofeffectivedecision-makingprocedureswithinacompany
Canyougiveanexampleofhowyouworkedeffectivelywithpeopletoaccomplishanimportantresult?
Turningdownoffers—strong坚决拒绝对方报价
DoyouthinkthattheInternetisaneffectivechannelformarketingacompany’sproducts?
•YouwillhearanintroductionofatrainingprogrammecalledEffectiveCommunications,andpartofalectureonhowtobesucce
随机试题
由直径不同的若干单一管道串联而成的、实现统一输送过程的管道系统,称作()。
与医用Χ线胶片结构不符的是
维生素A、D的最好来源是维生素C的最好来源是
A、祛风湿,止痛,解表B、祛风湿,通经络,消痰水,治骨鲠C、祛风湿,止痛,利水D、祛风湿,疏筋络,清虚热,利湿退黄E、祛风止痛,活血通络,止痒,解蛇毒威灵仙的功效是
台风:暴雨:淹没
根据《建筑法》,建设单位因故不能在施工许可证规定的期限内开工的,应当向发证机关申请延期,申请延期的次数最多为()次。
关于建设民商事法律关系的特点,下列说法正确的有()。
交通运输业纳税人可分为( )。
在业务生成环境(SCE)上创建的新业务逻辑由业务提供者输入到()中,由它负责装入业务控制点(SCP),就可在通信网上提供该项新业务。
【B1】【B4】
最新回复
(
0
)