在职攻硕英语考试

{{B}}PassageOne{{/B}}Despitemuchloosetal

来源:网考网在职攻硕英语 所有评论

根据网考网考试中心的统计分析，以下试题在2019/9/19日在职攻硕英语习题练习中，答错率较高，为：73%
【单选题】
{{B}}Passage One{{/B}}

Despite much loose talk about the new global economy, today’s international economic integration is not unprecedenteD、The 50 years before the first world war saw large cross-border flows of goods, capital and people. That period of globalization, like the present one, was driven by reductions in trade barriers and by sharp falls in transport costs, thanks to the development of railways and steamships. The present surge of globalization is in a way, a resumption (恢复) of that previous trenD、The earlier attempt at globalization ended abruptly with the first world war, after which the world moved into a period of fierce trade protectionism and tight restrictions on capital movement.During the early 1930s,America sharply increased its tariffs, and other countries retaliated (报复), making the GreatDepression even greater. The volume of world trade fell sharply. International capital flows virtually dried up in the interwar period as governments imposed controls to try to insulate (隔离) their economies from the impact of a global slump.
Capital controls were maintained after the second world war, as the victors decided to keep their exchange rates fixed on arrangement known as theBretton Woods System, named after theAmerican town in which it was approveD、But the big economic powers also agreed that reducing trade barriers was vital to recovery. They set up the GeneralAgreement on Tariffs and Trade (GATT), which organized a series of negotiations that gradually reduced import tariffs. GATT was replaced by the World Trade Organization (WTO) in 1995. Trade flourisheD、
In the early 1970s, theBretton Woods System collapsed and currencies were allowed to float against one another at whatever rates the markets set. This signaled the rebirth of global capital market.America and Germany quickly stopped trying to control the inflow and outflow of capital,Britain abolished capital controls in 1979 and Japan (mostly) in 1980. This is part of the reason why continentalEuropeans tend to worry more about the power of global capital markets.America has been exposed to them for much longer.
Two forces have been driving these increased flows of goods and money. The first is technology. With the costs of communication and computing falling rapidly, the natural barriers of time and space that separate national markets have been falling too. The second driving force has been liberalization.As a result of both the GATT negotiations and unilateral (单方面的，单边的) decisions, almost all countries have lowered barriers to foreign trade. Most countries have welcomed international capital as well.
The global capital market didn’t flourish until ______ .A．theBretton Woods system was established
B．theBretton Woods system collapsed
C．GATT was set up to reduce import tariffs
D．GATT was replaced by WTO

网考网参考答案：B，答错率：73%
网考网试题解析：
细节题。关于资本市场的复兴是在第三段中讲到的。20世纪70年代初期，布雷顿森林体系崩溃，货币得以浮动，标志着全球资本市场的复兴。因此B是正确答案。 document.getElementById("warp").style.display="none"; document.getElementById("content").style.display="block"; 查看试题解析出处>>

相关推荐

发布评论 查看全部评论