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Passage 6The U.S. dollar was supposed to be at the end of its rope. Kicking the bucket. A

Passage 6

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 _1_ gloom-and-doom predictions. After a swoon (低迷)last year, the dollar is again enjoying a major _2_. 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 _3_ 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 _4_, 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 _5_ better off than the U.S.? Not really. Just about the _6_ 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 _7_. Only a few months ago, economists truly believed the euro could _8_ the dollar as the top reserve currency. Now experts are questioning if the euro has a future at all. The Greek debt crisis has _9_ 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 _10_ 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

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更多“Passage 6The U.S. dollar was supposed to be at the end of its rope. Kicking the bucket. A”相关的问题

第1题

From the passage we can conclude that the U.S. has come to realize______.A.the weakening i

From the passage we can conclude that the U.S. has come to realize______.

A.the weakening if the U.S. dollar can result in trade deficits

B.the lower the retail prices, the greater the profits

C.tourism can make great contributions to its economy

D.visitors to the U.S. are wealthier than U.S. tourists abroad

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第2题

From the passage we can conclude that the U.S. has come to realize ________.A) the

From the passage we can conclude that the U.S. has come to realize ________.

A) the weakening if the U.S. dollar can result in trade deficits

B) the lower the retail prices, the greater the profits

C) tourism can make great contributions to its economy

D) visitors to the U.S. are wealthier than U.S. tourists abroad

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第3题

Which of the following would be considered a Eurodollar?______.A.A U.S. dollar in a bank o

Which of the following would be considered a Eurodollar?______.

A.A U.S. dollar in a bank outside the U.S.

B.A U.S. dollar held as an international reserve asset by a foreign central bank.

C.A Federal Reserve note (a dollar bill) in the pocket of a tourist visiting Europe.

D.None of the above.

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第4题

According to the passage, the U.S. elementary education is supposed to make children
__________.

A. sensible and sensitive B. competitive and interested

C. curious and friendly D. happy and co-operative

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第5题

The U.S. dollar was designated as the international currency in international settlements under the Bretton Woods system. The dollar was accepted by the rest of the world because __________.

A.it could be used to purchase U.S. goods and services

B.it could be converted to gold at a price of $35/ounce

C.the U.S. was the only super power at that time

D.the IMF forced the rest of the world to use dollar to settle international debts

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