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The U.S. dollar was supposed to be at the end of its rope. Kicking the bucke
The U.S. dollar was supposed to be at the end of its rope. Kicking the bucke
游客
2023-08-16
36
管理
问题
The U.S. dollar was supposed to be at the end of its rope. Kicking the bucket. A dying symbol of a dying empire. Well, maybe not. The dollar continues to【C1】______gloom-and-doom predictions. After a swoon(低迷)last year, the dollar is again enjoying a major【C2】______The U.S. dollar index, which measures the dollar’s value against other major currencies, is just off an eight-month high.
The main reason behind the dollar’s recovery is actually no real surprise at all. There is no【C3】______able to replace the dollar as the world’s No.l currency. What makes currencies so fascinating is that their perceived value is always relative to other currencies. Sure, the U.S. budget deficit is【C4】______the government’s debt is increasing, and Wall Street is still repairing itself. But the dollar remains the prettiest of a flock of ugly ducklings. Is any other major industrialized economy【C5】______better off than the U.S.? Not really. Just about the【C6】______developed world is suffering with the same problems. That’s why when investors get nervous, they still rush to the good old dollar. The dollar wins because no one else is really in the game.
The euro has been exposed as a【C7】______Only a few months ago, economists truly believed the euro could【C8】______the dollar as the top reserve currency. Now experts are questioning if the euro has a future at all. The Greek debt crisis has【C9】______that the euro is only as strong as its weakest link.
Maybe over the next 20 or 30 years, the dollar will slowly lose the【C10】______status it holds today. That process, however, could well be driven by the appearance of new rivals.
A)fraud B)consistently C)dominant D)expanding
E)entire F)incentive G)rival H)alleged
I)defy J)particularly K)alternative L)relative
M)revealed N)intriguing O)rally [br] 【C2】
选项
答案
O
解析
根据空格前的enjoying和a,可知此处应填入含积极意义的单数名词。rally有“价格回稳”之意,跟下文的an eight-month high及recovery照应,表示美元经过了去年的低迷,再次止跌回升了。
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