Question

Changes in the value of currency help some parts of the economy and hurt others．

    When people go to foreign countries, they have direct experience with the exchange rate （匯率）of money．International travelers must use their own money to buy the currency of the country they are visiting．For example, Americans on holiday in a foreign country can buy more currency when the dollar has a high exchange value．

    So a high exchange value is good for vacationers．It is not so good for exporting．A strong dollar means that American exports are more costly．Other countries are less likely to import products from the United States because they are too costly．American agricultural goods, computers and airplanes all are more costly on the world market when the dollar is strong．

However, sellers of foreign goods within the United States are helped by a strong dollar．A strong dollar means that American companies can buy more with the same amount of money．They can sell goods at a low price in the "United States and still make a profit．

    This helps to increase the American trade deficit（貿(mào)易逆差）．

    A weak dollar helps American companies that do business overseas．For example, the American computer industry gains because its products are less costly to foreign buyers．Financial magazines report that technology companies like Intel and Microsoft have increased profits because of the weak dollar． Increased trade helps reduce the American trade deficit．

    The United States Department keeps information on America's imports and exports. Information on the third quarter of 2003 shows that America's trade deficit did fall．American exporters should gain the most from the falling dollar．But, the effect of the weakening dollar on the United States trade deficit remains to be seen．

1．American vacationers prefer dollars to be strong so that ______．

     A．they can buy more currency in foreign countries

     B．they can be proud of being Americans

     C．Americans can export more goods

     D．other countries import more products from the United States

2．Other countries are unwilling to import agricultural products from America, because ______．

     A．American businessmen import only a few goods from other countries

     B．American government don't want other countries to import goods from America

     C．American goods are more costly because of the strong dollar

     D．American businessmen make a lot of money by selling foreign products cheaply

3．According to the passage, American trade deficit can be reduced by ______．

     A．increasing the dollar exchange value

B．making the dollar weak in exchange value

     C．forcing foreign countries to open their markets further

     D．buying less costly foreign goods

4．Which best serves as a title for this passage?

     A．American imports and exports

B．Exports between America and other countries

C．Americans enjoying cheap foreign products

     D．The falling of the dollar

Answer 1

ACBD