【编者按】精品学习网小编总结归纳,职称英语2013年《卫生类》补全短文:TheDollarinWorldMarkets,希望对考生备考有帮助。
TheDollarinWorldMarkets
AccordingtoaleadingGermanbanker,theU.S.dollaris"themostfrequentlydiscussedeconomicphenomenonofourtimes."Headds,"…thedollarsexchangerateisatpresentthemostimportantpriceintheworldeconomy…".Becausethedollaractsasaworldcurrency,___(1)___.Thecentralbanksofmanycountriesholdhugereservesofdollars,andoverhalfofallworldtradeispricedintermsofdollars.Anyshiftinthedollarsexchangeratewillbenefitsomeandhurtothers.Somepeoplesuggest,therefore,____(2)___.--
Thedollarsexchangeratehasbeentoovolatileandunpredictable.Severalyearsagethedollarwasrapidlydeclininginvalue.Thismadeit___(3)___.TheriseinthepriceofforeigngoodsmadeitpossibleforU.S.businessestoraisethepriceofcompetingfoodsproducedhere,thusworseninginflation.Foreignerswhodealtindollarsorwhohelddollarsasreserveswerehurt.PeopleintheUnitedStateswhohadborrowedforeigncurrenciesfoundthattheyhadtopaybackmorethantheyborrowed___(4)___.TheUnitedStateslostfaceintheeyesoftherestoftheworld.
Thedollarwentsoaringupward,andthesituationwasreversed.UnitedStatesexportersfoundithardtosellabroadbecauseforeignerswouldhavetopaymoreforU.S.dollars.PeopleintheUnitedStatesnowboughttherelativelycheaperforeigngoods,andU.S.manufacturerscomplainedthattheycouldnotcompete.Joblosseswereoftenblamedonthe"overvalued"dollar.--Poornations___(5)___founditdifficulttorepayboththeloansandtheinterestbecausetheyhadtousemoreandmoreoftheirowncurrenciestoobtaindollars.Thesolutiontothisproblemistoendthesystemoffloatingexchangeratesandreturntofixedrates.Wemightevenreturntothegoldstandard.
Fixedexchangeratesdidnotworkinthepast.Currencyvaluesshouldbedeterminedbymarketconditions.Adropintheexchangevalueofanationscurrencymeansthatitisimportingtoomuch,thatitistooinefficienttocompeteinworldmarkets,thatitispermittingahighrateofinflationwhichmakesitsgoodstooexpensive,thatitisgoingtoodeeplyindebt,orthatothershavelostconfidenceinthenationsstability.Anationshouldbringitsexchangeratebackupbyaddressingtheseproblems,--notbyinterferingwiththemoneymarket.
A.thathadborroweddollars
B.thatthedollarsvalueshouldbemoretightlycontrolled
C.becausethedecliningdollarwouldbuyfewerunitsoftheforeignmoney
D.itsvalueaffectsmanynations
E.difficultforAmericanstopurchaseforeigngoodsandservices
F.thathavealotofU.S.dollars
KEY:DBECA