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[originaltext] (3) In recent months a string of countries, from Japan to Switz
[originaltext] (3) In recent months a string of countries, from Japan to Switz
游客
2024-01-21
42
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问题
(3) In recent months a string of countries, from Japan to Switzerland, Colombia to Israel, have tried to drive down the value of their currencies. Some experts call it "competitive devaluation." Others, though, argue that it is nothing short of a currency war—and far from boosting global recovery, it threatens to undermine it.
So concerned are policymakers that the issue looks set to dominate talks on Friday at a meeting of finance ministers and central bankers. Dominique Strauss-Kahn, managing director of the International Monetary Fund which hosts the meeting in Washington, set out the concerns in the Financial Times on Tuesday. (4)"There is clearly the idea beginning to circulate that currencies can be used as a policy weapon. Translated into action, such an idea would represent a very serious risk to the global recovery," he said.
3. What has happened to Israel’s currency?
4. What can we learn from Dominique Strauss-Kahn?
选项
A、Most experts support the four countries’ currency change
B、The meeting on Friday is useless for global recovery.
C、Currency wars threaten global economic recovery.
D、Policymakers should cooperate with central bankers.
答案
C
解析
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