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
53
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
事实上,对欧元区的居民而言,到2002年真正的纸币、硬币投入使用时,单一货币才会变得更真实。客观地说,现在只能对欧元的作用下一个暂时性的结论。
解析
转载请注明原文地址:https://kaotiyun.com/show/m5a4777K
0
考研英语一
相关试题推荐
[A]Marktheheadway[B]Celebratethelittlewins[C]Exerciseislikeaninvestment[D]Makegoodchoices[E]Cut
Airbnb,thepopularplatformthatletspeoplerentouttheirhomesandapartments,releasedtheresultsofavolunteersurveyth
CambridgeUniversitycloseddowninthesummerof1665whentheplaguebrokeout.Newton,astudentthere,wenthometoLincolns
Sciencehasfewmorecontroversialtopicsthanhumanintelligence—inparticular,whethervariationsinitarearesultofnature
TheSevenWondersoftheAncientWorldwereacollectionofremarkableconstructionslistedbyvariousGreekauthors,including
Itmaybesummertime,butthelivingisn’teasy—notforwearyworkerswhoselastvacationisadistantmemory.Accordingtoone
Tea,thatmosttypicalofEnglishdrinks,isarelativelatecomertoBritishshores.Althoughthecustomofdrinkingteadatesb
Teenagersarespendingmoremoneythanever.Justlastyear,31.6millionteensspent155billion,accordingtotheNorthbrook,
ReadthefollowingtextandanswerthequestionsbychoosingthemostsuitablesubtitlefromthelistA-Gforeachnumberedpara
Youaregoingtoreadalistofsubheadingsandatext.Choosethemostsuitablesubheadingfromthelist[A]to[G]foreachnu
随机试题
患者女性,54岁,既往有高血压病史。本次因“车祸伤后神志不清4小时”住院。入院时查体:体温39.6℃,血压100/55mmHg,浅昏迷,双肺呼吸音粗,可闻及少许湿啰音,心率95次/分,律齐,未闻及杂音,腹软,全腹无压痛、反跳痛,肠鸣音正常,颈软,脑膜刺激征
光子与物质作用唯一不产生电离的是
下面对于复发性阿弗他溃疡临床特点描述不正确的是
动物由低等向高等发展过程中牙齿的演化
【2006年真题】在下列组织机构形式中,具有集中领导、职责清晰,但各职能部门之间的横向联系差、信息传递路线长等特点的是()组织机构形式。
计算简答题:根据所给材料回答问题。(凡要求作选择回答的问题,应将与所选选项对应的字母填写在答题卡上的相应括号内。把错项选人,该问题不得分;正确项少选,按所选的正确项数量得分。凡要求作陈述回答的问题,请将答案书写在答题卡的相应区域。需计算后回答的问题须列出算
某研究人员分别用新鲜的蜂王浆和已经存放了30天的蜂王浆喂养蜜蜂幼虫,结果显示:用新鲜蜂王浆的幼虫成长为蜂王。进一步研究发现,新鲜蜂王浆中一种叫做“royalactin”的蛋白质能促进生长激素的分泌,使幼虫出现体格变大、卵巢发达等蜂王的特征。以下哪
从第一台计算机诞生至今,按计算机采用的电子器件来划分,计算机的发展经历了【】个阶段
一棵二叉树共有25个结点,其中5个是叶子结点,则度为1的结点数为( )。
MusictoYourGearsMusicmaysoothethesavagebreast,butitcanalsodamageyourhealthwhenyouareatthewheel.(A)Recentr
最新回复
(
0
)