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
Imagine waking up and finding the value of your assets has been halved. No, you’re not an investor in one of those hedge funds(对
Imagine waking up and finding the value of your assets has been halved. No, you’re not an investor in one of those hedge funds(对
admin
2016-01-10
49
问题
Imagine waking up and finding the value of your assets has been halved. No, you’re not an investor in one of those hedge funds(对冲基金)that failed completely. With the dollar slumping to a 26-year low against the pound, already-expensive London has become quite unaffordable. A coffee at Starbucks, just as unavoidable in England as it is in the United States, runs about $ 8.
The once all-powerful dollar isn’t doing a Titanic against just the pound. It is sitting at a record low against the euro and at a 30-year low against the Canadian dollar. Even the Argentine peso and Brazilian real are thriving against the dollar.
The weak dollar is a source of humiliation(屈辱), for a nation’s self-esteem rests in part on the strength of its currency. It’s also a potential economic problem, since a declining dollar makes imported food more expensive and exerts upward pressure on interest rates. And yet there are substantial sectors of the vast U. S. economy — from giant companies like Coca-Cola to mom-and-pop restaurant operators in Miami — for which the weak dollar is most excellent news.
Many Europeans may view the U. S. as an arrogant superpower that has become hostile to foreigners. But nothing makes people think more warmly of the U. S. than a weak dollar. Through April, the total number of visitors from abroad was up 6. 8 percent from last year. Should the trend continue, the number of tourists this year will finally top the 2000 peak. Many Europeans now apparently view the U. S. the way many Americans view Mexico — as a cheap place to vacation, shop and party, all while ignoring the fact that the poorer locals can’t afford to join the merrymaking.
The money tourists spend helps decrease our chronic trade deficit. So do exports, which, thanks in part to the weak dollar, soared 11 percent between May 2006 and May 2007. For first five months of 2007, the trade deficit actually fell 7 percent from 2006.
If you own shares in large American corporations, you’re a winner in the weak-dollar gamble. Last week Coca-Cola’s stock bubbled to a five-year high after it reported a fantastic quarter. Foreign sales accounted for 65 percent of Coke’s beverage(饮料)business. Other American companies profiting from this trend include McDonald’s and IBM.
American tourists, however, shouldn’t expect any relief soon. The dollar lost strength the way many marriages break up — slowly, and then all at once. And currencies don’t turn on a dime. So if you want to avoid the pain inflicted by the increasingly pathetic dollar, cancel that summer vacation to England and look to New England. There, the dollar is still treated with a little respect.
Why do Americans feel humiliated?
选项
A、Their economy is plunging(猛跌).
B、Their currency has slumped.
C、They can’t afford trips to Europe.
D、They have lost half of their assets.
答案
B
解析
细节题。第三段开头讲到美元的贬值是屈辱的来源,因为一个国家的自尊部分在于货币的势能。换言之,美国人感觉屈辱是因为货币兑换过程中美元优势已大不如前,故B项为正确答案。slump意为“大幅度下降,暴跌”。
转载请注明原文地址:https://www.kaotiyun.com/show/YNsZ777K
0
考研英语一
相关试题推荐
Overthelasttwentyyears,scholarlyandpopularwritershaveanalyzedandcelebratedtheworldsofleisureandentertainmenti
OneofthemostpressingchallengesthattheUnitedStates—andindeed,theworld—willfaceinthenextfewdecadesishowtoall
TheInternet,e-commerceandglobalizationaremakinganeweconomicerapossible.Bythemiddleofthe21stcentury,capitalis
Notwoeconomiccrisesareidentical.Butthesamequestionsrecur.Howdidwegetintothismess?Howcanwegetoutofit?How
Notwoeconomiccrisesareidentical.Butthesamequestionsrecur.Howdidwegetintothismess?Howcanwegetoutofit?How
Thedevil,astheoldsayinggoes,isinthedetails.Or,inthecaseofthenewEstonianlawsettingupanationalgeneticdata
Weareallseeingratherlessofthesun.Scientistslookingatfivedecadesofsunlightmeasurementshavereachedthedisturbin
Justasstressisanaturalreactiontoasenseofdanger,experiencingchronicstressisanaturalresponsetofeelingbesieged
Humanbeingsdonotliketothinkofthemselvesasanimals.Itisthuswithdecidedlymixedfeelingsthatweregardthefrequent
Ascollegeseniorshurtleintothejobhunt,littleliesontheresume—forexample,claimingadegreewhenthey’rethreecredits
随机试题
监察委员会的职责是________。
实验室建筑与设施应符合
下列属于正台阶环形开挖法的有()。
某酒店为增强员工的消防安全意识、有效提高处置突发事件的应急能力、减少火灾事故中的人员伤亡,制定了消防灭火疏散演练预案,确定于每年11月9日进行一次演练。该单位成立了消防灭火疏散演练组织机构:指挥协调组、疏散引导组、灭火行动组、安全防护救援组、通信联络及设
下列会计科目中,不属于成本类科目的是()。
甲、乙和丙于2018年3月签订了散伙协议,约定解散后登记在丙名下的合伙房屋归甲、乙共有。5月,合伙正式解散,但丙并未履行协议。9月,丙死亡,丁为其唯一继承人。12月,丁将房屋赠给女友戊,并对赠与合同作了公证,但未办理过户登记手续。根据物权法律制度的规定,下
下列各项中,不属于委托代理终止的法定情形是()。
“心中有目标,眼里有方向,胸中有理想,脚下有定力。”请你谈谈要如何做到脚下有定力。
下面有关各种范式之间的包含关系的描述中,正确的是
61.InrecentyearsWesternershavereassuredthemselvesandirritatedothersbyexpoundingthenotionthatthecultureoftheWe
最新回复
(
0
)