首页
登录
职称英语
What happened to the OPEC meeting last week? [br] [originaltext] Today we tel
What happened to the OPEC meeting last week? [br] [originaltext] Today we tel
游客
2023-12-28
21
管理
问题
What happened to the OPEC meeting last week? [br]
Today we tell you more about the effects of falling oil prices. Lower demand for oil and too much supply have sent prices to their lowest levels in five years.
Last week, OPEC decided to keep production at current levels. Representatives of the 12-nation group met in Vienna, Austria. They were unable to reach agreement on changing OPEC’s production targets.
Lower oil prices are causing economic hardship in some OPEC members. The president of Venezuela announced last week that he and other government officials should take pay cuts as part of budget reductions. The Reuters news service says the reductions are meant to answer the lower oil prices. It says Venezuela gets 96 percent of its export earnings from oil sales. The nation has among the highest inflation rates in Latin America.
Russia is a major oil exporter, but does not belong to OPEC. Oil exports are important to
Russia. The value of Russian money has lost about 40 percent of its value this year compared to the American dollar. Observers have blamed the drop on falling profits from oil exports, and Western sanctions to punish Russian actions in Ukraine.
But economists say the fall in oil prices is helping economies in Asia. Andrew Colquhoun is with Hong Kong-based Fitch Ratings.
He said that "Most Asia-Pacific economies are oil importers and therefore the decline in oil prices is equivalent to a kind of income gain for them. "
In a recent report, Fitch Ratings said China and most major Asian economies would effectively earn more money from sustained lower oil prices. Thailand spends 15 percent of national income on oil, the largest percentage in the area.
Thailand, Malaysia and Indonesia all are moving to reduce oil price supports, or subsidies, which are often a major part in government spending.
But some experts say it is a matter of time before prices recover. Jack Gerard is president of the American Petroleum Institute. He says demand for oil will rise, and prices will find an equilibrium.
选项
A、Asia suffered economically because oil prices are still high.
B、Decline in oil prices is equal to a kind of income gain for Asian economies.
C、Asian economies are likely to increase oil price subsidies.
D、China and Thailand benefited the least from the oil prices drop.
答案
B
解析
根据原文“Most Asia-Pacific economies are oil importers and therefore the decline in oil prices is equivalent to a kind of income gain for them”可知,正确答案为B。
转载请注明原文地址:https://tihaiku.com/zcyy/3314140.html
相关试题推荐
Thismeetingwillhighlightrecentadvancesintheapplicationofgenomicstechn
Althoughthathappenedinthisdevelopedcountrysoundslikesciencefiction,it
Inthepast,fraudwasviewedasarareeventthathappenedtounluckyorgan
Inthepast,fraudwasviewedasarareeventthathappenedtounluckyorgan
Inthepast,fraudwasviewedasarareeventthathappenedtounluckyorgan
Inthepast,fraudwasviewedasarareeventthathappenedtounluckyorgan
Inthepast,fraudwasviewedasarareeventthathappenedtounluckyorgan
Thismeetingwillhighlightrecentadvancesintheapplicationofgenomicstechn
MaryhappenedtomeetherbestfriendinthemiddleschoolwhileshewasinPari
Itwillbeanother2hourssincethemeetingends;bothmyfriendsandIaresic
随机试题
(1)Onceacrosstheriverandintothewholesaledistrict,sheglancedabout
Mytopicishandedness—whetherindifferentsportsitisbettertobelefto
对
下列关于筏形基础的基本规定的各项中,正确的是()。A.筏形基础分为梁板式和平板
某外国投资者拟对上市公司进行战略投资,下列说法正确的有( )。 Ⅰ.3年内不
根据经济学家最新的研究显示,年收入在10000美元以下时,随着家庭收入的增加,家
心肌收缩能力的增强可通过下列哪一途径实现A.增加参与收缩的肌纤维数目 B.增加
具有多聚腺苷酸尾的RNA是 A.rRNAB.mRNA C.tRNA
汉代人关于《离骚》篇名的解释有()。 A.离别的牢骚B.离别的忧愁 C.
欲比较四种疗法治疗慢性胃炎的效果,总共观察了200例该病患者,结果如下表,若对该
最新回复
(
0
)