第1题
Regarding the future of the EU, the author seems to feel_________.
A.pessimistic
B.desperate
C.conceited
D.hopeful
第3题
The debate over the EU's single currency is stuck because the dominant powers______.
A.are competing for the leading position
B.are busy handling their own crises
C.fail to reach an agreement on harmonization
D.disagree on the steps towards disintegration
第5题
The EU is faced with so many problems that______.
A.it has more or less lost faith in markets
B.even its supporters begin to feel concerned
C.some of its member countries plan to abandon euro
D.it intends to deny the possibility of devaluation
第6题
To solve the euro problem, Germany proposed that_________.
A.EU funds for poor regions be increased
B.stricter regulations be imposed
C.only core members be involved in economic co-ordination
D.voting rights of the EU members be guaranteed
第7题
The sovereign debt crisis in Europe resulted in countries finding it increasingly difficult and expensive to issue government bonds to raise funds. Two main reasons have been put forward to explain why the crisis took place: firstly, a number of countries continued to borrow excessive funds, because their expenditure exceeded taxation revenues; and secondly, a number of countries allocated significant sums of money to support their banks following the ‘credit crunch’ and the banking crisis.
In order to prevent countries defaulting on their debt obligations and being downgraded, the countries in the EU and the International Monetary Fund (IMF) established a fund to provide financial support to member states threatened by the risk of default, credit downgrades and excessive borrowing yields. Strict economic conditions known as austerity measures were imposed on these countries in exchange for receiving financial support.
The austerity measures have affected Strom Co negatively, and the years 2011 and 2012 have been particularly bad, with sales revenue declining by 15% and profits by 25% in 2011, and remaining at 2011 levels in 2012. On investigation, Strom Co noted that clothing retailers selling clothes at low prices and at high prices were not affected as badly as Strom Co or other mid-price retailers. Indeed, the retailers selling low-priced clothes had increased their profits, and retailers selling luxury, expensive clothes had maintained their profits over the last two to three years.
In order to improve profitability, Strom Co’s board of directors expects to cut costs where possible. A significant fixed cost relates to quality control, which includes monitoring the working conditions of employees of Strom Co’s clothing manufacturers, as part of its ethical commitment.
Required:
(a) Explain the role and aims of the International Monetary Fund (IMF) and discuss possible reasons why the austerity measures imposed on European Union (EU) countries might have affected Strom Co negatively. (10 marks)
(b) Suggest, giving reasons, why the austerity measures might not have affected clothing retailers at the high and low price range, as much as the mid-price range retailers like Strom Co. (4 marks)
(c) Discuss the risks to Strom Co of reducing the costs relating to quality control and how the detrimental impact of such reductions in costs could be decreased. (6 marks)
第8题
下列有关基金投资运作的说法,错误的是()。
A. 基金公司的投资管理部门主要包括投资部、研究部及交易部。
B. 投资决策委员会根据研究部提供的资料制定投资原则、投资方向和总体投资计划。
C. 交易部是基金投资运作的支撑部门,负责组织、制定和执行交易计划。
D. 基金经理根据投资决策委员会批准的投资方案向交易部下达投资指令。
第9题
Despite gaps and uncertainties in our understanding, we can see that our world is changing. After 10,000 years of relative stability, the average global temperature is increasing. Although the European Union’s (EU’s) greenhouse gas emissions are declining, fossil fuels release more greenhouse gases into the atmosphere than our land and oceans can absorb. Some regions are more vulnerable to the potential impacts of climate change – and t
1Though different understandings exist, one thing people all recognize is that __________.
A、more greenhouse gases are emitted than our land can absorb
B、the world we are living in is different from what it was before
C、some countries are too vulnerable to adapt to climate change
D、EU countries are producing less greenhouse gas emissions now
2Additional pressure on our natural systems can result from ___________.
A、the change of lifestyles of people in the developed countries
B、the accelerated extinction rates of plant and animal species
C、the improvement of living standards in developing countries
D、the risk of turning our home into an unlivable place for us
3What is a main cause of global biodiversity loss?
A、The disappearance of natural habitats caused by human activities.
B、The increase of the average temperature in the world.
C、The release of excessive greenhouse gases into the atmosphere.
D、The consumption and production patterns we follow today.
4Why are large areas of forests cut down every year according to the passage?
A、To provide wood for urban development.
B、To turn the land into other uses.
C、To grow grass for cattle to eat.
D、To grow crops to meet human demand.
5What point does the writer try to illustrate through the passage?
A、Our quality of life is declining due to environment change.
B、Damage to natural environment should be prevented.
C、Human beings should rethink their activities on earth.
D、Economy and natural systems are closely connected.
第11题