Question

用英语回答问题 并翻译回答内容

Question 5
Suppose that there is an unexpected tightening of consumer credit in a country heavily dependent upon manufactured imports for its standard of living. Explain how and why this will affect the prosperity of a country which depends upon the export of manufactured products. Use examples to illustrate your answer.
Question 6
Most of the major trading countries have currencies which either float freely or are tied to a group of floating currencies. In your opinion, do you think it is better for a country to float its currency or to fix its value relative to a commodity such as gold or oil? Explain why you hold that opinion

Answer 1

Question 5
Suppose that there is an unexpected tightening of consumer credit in a country heavily dependent upon manufactured imports for its standard of living. Explain how and why this will affect the prosperity of a country which depends upon the export of manufactured products. Use examples to illustrate your answer.

Take USA for an example .If they improve the consumer credit interest rates ,will reduce the consumption of residents. China is a major U.S. importer of daily consumer goods, China's exports to the U.S. is bound to reduce, leads to coastal area, export-oriented enterprises, factory orders fell, even large-scale layoffs,the unemployment rate in our country'slower economic growth, affect social stability abd the level of people's lives.

以美国为例,如果美国提高了消费信贷利率，将减少居民的消费量。而我国是美国日常消费品的主要进口国，中国对美国的出口就势必减少。导致沿海一带，出口外向型企业，工厂订单减少，甚至大规模裁员，使得我国的失业率升高，经济增速降低，影响社会稳定，人民生活水平降低。

Question 6
Most of the major trading countries have currencies which either float freely or are tied to a group of floating currencies. In your opinion, do you think it is better for a country to float its currency or to fix its value relative to a commodity such as gold or oil? Explain why you hold that opinion.

In my opinion,I think it is better for a country to float its currency.For example,1，it can guarantee the independence of monetary policy;2，it can help alleviate the impact of external 3,it could cut down interference, and will be market-determined exchange rate and have more transparent.4，Do not need to maintain large foreign exchange reserves
我认为，国家实行浮动汇率对其较好，例如：1,可以保证货币政策的独立性；2，可以帮助减缓外部的冲击；3，减少干预，汇率将由市场决定，更具有透明性；4,不需要维持巨额的外汇储备

Answer 2

功课自己做

Answer 3

第5题
假设一个严重依赖于制造品进口的国家出现了意外的消费信贷紧缩。请解释这将如何以及为什么会影响一个工业产品输出国的繁荣。举例阐明你的答案。
第6题
大部分的主要贸易国有以下两种货币，一种是价值可以随意浮动的，另一种是价值受制于一组浮动的货币的。那么，你认为对于一个国家来讲，是其价值可以浮动的货币更好，还是其价值受制于黄金或石油等商品的价格的货币更好？请阐明原因。