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
With euro hills and coins now circulating across much of Europe, the European Monetary Union is fully in place. The post-World W
With euro hills and coins now circulating across much of Europe, the European Monetary Union is fully in place. The post-World W
admin
2010-01-07
72
问题
With euro hills 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 larger 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 a 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 imposition of a single monetary policy, combined with free trade among 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 not guarantee the union’s success.
Which of the words below can replace the word "levied" (Line 3, Para. 3)?
选项
A、Collected.
B、Fined.
C、Forced.
D、Asked.
答案
A
解析
这里是“征收,收集”的意思。
转载请注明原文地址:https://www.kaotiyun.com/show/EcPd777K
本试题收录于:
公共英语四级笔试题库公共英语(PETS)分类
0
公共英语四级笔试
公共英语(PETS)
相关试题推荐
A=SectionAB=SectionBC=SectionCSectionAEngineeringstudentsaresupposedtobepracticallyandrationally
A=SectionAB=SectionBC=SectionCSectionAEngineeringstudentsaresupposedtobepracticallyandrationally
Howmayplanetsarethereinthesolarsystemrevolvingaroundthesun?
Vicky—beautiful,talented,verybright,voted"MostLikelytoSucceed"incollege—gotapromisingjobwithalargecompanya
Sincethemid-1960sSoutheastAsiahasfacedapotentiallywide-rangingsecuritythreat.WellbeforetheeventsofSeptember11,
Evolutionarytheories.TheBelgianGeorgeLemaitreproposedtheideathatabout20,000millionyearsagoallthematterinthe
Allinternationalchainschoolsteachmanydifferentlanguages.
YouwillhearaconversationbetweenMissGreen,aneducationaljournalist,andProfessorWilson,anexpertineducationalstudi
Manyuniversitystudents【C1】______studyinghistorybecausethereislittletogetexcitedaboutwhenhistoricaleventsareprese
WhataremostofSteinbeck’sbooksabout?
随机试题
律师可能构成的犯罪有:________;________;________;________;________。
设f(x)=e—x,则=().
下列不属于基底节的是
下列哪项与羊水过多无关
A.吗啡B.可乐定C.左甲状腺素钠D.洛伐他汀E.红霉素老年患者服用后,易导致嗜睡、心动过缓、直立性低血压的药物是
关于敲诈勒索罪的威胁与抢劫罪的威胁描述,下列哪些是正确的?()
大型建设工程项目总进度纲要的内容之一是()。
3名学生和2名老师站成一排照相,2名老师必须相邻且都不在边上的不同排法共有()种。
以下Case语句中错误的是_________。
Postgraduatedilemmas[A]Decidingwhetherornottobecomeapostgraduatecanbeadaunting(令人畏缩的)prospect.Evenifyouares
最新回复
(
0
)