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
27
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
考虑到欧元在外汇市场上是一种新的主要国际性货币,人们对它广泛关注就是很,自然的事了。
解析
转载请注明原文地址:https://jikaoti.com/ti/ycURFFFM
0
考研英语一
相关试题推荐
Groupgrillinghaslongbeenpopularamongacademics,governmentagenciesandnon-profitorganizations—sectorsthatpreferdecis
Youaregoingtoreadalistofsubheadingsandatext.Choosethemostsuitablesubheadingfromthelist[A]to[G]foreachnu
Youaregoingtoreadalistofsubheadingsandatext.Choosethemostsuitablesubheadingfromthelist[A]to[G]foreachnu
Airbnb,thepopularplatformthatletspeoplerentouttheirhomesandapartments,releasedtheresultsofavolunteersurveyth
Tea,thatmosttypicalofEnglishdrinks,isarelativelatecomertoBritishshores.Althoughthecustomofdrinkingteadatesb
Teenagersarespendingmoremoneythanever.Justlastyear,31.6millionteensspent155billion,accordingtotheNorthbrook,
Teenagersarespendingmoremoneythanever.Justlastyear,31.6millionteensspent155billion,accordingtotheNorthbrook,
Today,deep-oceanminingisdoneonlybytheoilandgasindustry.Yetthedreamofminingthemineralwealthofthedeephasne
Youaregoingtoreadalistofsubheadingsandatext.Choosethemostsuitablesubheadingfromthelist[A]to[G]foreachnu
Thereareplentyofgoodreasonsforayoungpersontochoosetogotouniversity:intellectualgrowth,careeropportunities,ha
随机试题
选择合适孔径的毛细管黏度计时,通常以糊化液流动时间不超过90s和不低于20s。
简述提存的原因。
细菌所具有的细胞器是
城市道路横断面由()组成。
网络中心战,是从信息技术派生出的一种新型作战理论和概念,旨在通过网络把传感器、指挥控制系统和武器系统等各种作战要素互相连接起来,实现己方信息资源共享,从而提高信息保障能力和整体作战能力。根据定义,下列选项属于“网络中心战”的是()。
某甲是我国某国家机关的高级公务员,多次利用其工作便利,与境外某机构相勾结,危害中华人民共和国的主权、领土完整和安全。某甲的行为构成哪种犯罪?()
走和平发展道路是中国发展的内在需要,这条道路最鲜明的特征是()
在考生文件夹下打开文档Word.docx,按照要求完成下列操作并以该文件名(Word.docx)保存文件。按照参考样式“Word参考样式.gif”完成设置和制作。具体要求如下:设置页边距为上、下、左、右各2.7厘米,装订线在左侧;设
Once-dailyPillCouldSimplifyHIVTreatmentBristol-MyersSquibbandGileadScienceshavecombinedmanyHIVdrugsintoasingle
A、Developingplanstoco-ordinateactivities.B、Selectingthecommunicationchannels.C、Detenniningwhattaskstobedone.D、Cor
最新回复
(
0
)