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
62
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]Sticktoyourinvestmentplan[B]Maintainliquidity[C]Focusontheannualratereturn[D]Acceptnormalmarketi
[A]Waysforparentstohelpdeafchildrenspeak[B]Variousreactionsofparentstotheirdeafchildren[C]Badattitude
Readthefollowingtextandanswerquestionsbyfindinginformationfromtherightcolumnthatcorrespondstoeachofthemarked
ThatisalessonScottSpector,15,learnedthehardway,whenhisphonestartedblastinghis"AmericanIdolTheme"ringtoneas
ThatisalessonScottSpector,15,learnedthehardway,whenhisphonestartedblastinghis"AmericanIdolTheme"ringtoneas
LastDecemberUruguaybecamethefirstcountrytolegalisecannabisfully.Soonafterwards,Vice.com,anAmericanwebsite,becam
Smartphoneshavebynowbeenimplicatedinsomanycrummyoutcomes—carfatalities,sleepdisturbances,empathyloss,relationshi
It’snosecretthatmostofusdon’tgetenoughsleepandsufferforit.Ifyou’rebetweentheagesof16and64,【C1】______don’t
It’snosecretthatmostofusdon’tgetenoughsleepandsufferforit.Ifyou’rebetweentheagesof16and64,【C1】______don’t
Insomeways,theUnitedStateshasmadespectacularprogress.Firesnolongerdestroy18,000buildingsastheydidintheGreat
随机试题
Word中“格式刷”的作用是
恐惧症的首选心理治疗方法是
地下水质量划分为()类。
商品流通企业实施差别化战略的途径有()。
本期获得债券利息(股利)额对债券本期市场价格的比率是()。
越来越多的年轻观众对京剧缺乏了解,不懂得欣赏京剧的美;还有一部分人对舶来品________,认为都比国内的好,对于自己国家的传统艺术,却认为是老土的、过时的东西,而________。依次填入画横线部分最恰当的一项是()。
下列选项中,属于物权特征的是()。
丙找甲借自行车,甲的自行车与乙的很相像,均放于楼下车棚。丙错认乙车为甲车,遂把乙车骑走。甲告知丙骑错车,丙未理睬。某日,丙骑车购物,将车放在商店楼下,因墙体倒塌将车砸坏。下列表述正确的是
hacker
设f(χ)在χ=a处可导,则等于().
最新回复
(
0
)