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GWD-24-14 (TN版)

GWD-24-14

In 1983 Argonia’s currency, the argon, underwent a reduction in value relative to the world’s strongest currencies. This reduction resulted in a significant increase in Argonia’s exports over 1982 levels. In 1987 a similar reduction in the value of the argon led to another increase in Argonia’s exports. Faced with the need to increase exports yet again, Argonia’s finance minister has proposed another reduction in the value of the argon.

 

 

Which of the following, if true, most strongly supports the prediction that the finance minister’s plan will not result in a significant increase in Argonia’s exports next year?

 

 

A.      The value of the argon rose sharply last year against the world’s strongest currencies.

B.       In 1988 the argon lost a small amount of its value, and Aronian exports rose slightly in 1989.

C.      The value of Argonia’s exports was lower last year than it was the year before.

D.      All of Argonia’s export products are made by factories that were operating at full capacity last year, and new factories would take years to build.

E.       Reductions in the value of the argon have almost always led to significant reductions in the amount of goods and services that Argonians purchase from abroad.

正确答案为:D

想知道D是怎么起到削弱降价计划的?

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我也开始想不通,但后来想到,minister的目的是提高export,但是d 说工厂的原因是计划不好实现,是它因.

 open to  be discussed

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我觉得这是一道应该削弱假定的题目,finance minister认为能increase in Argonia’s exports next year是因为有上升的空间,这里D把这个假定推翻了,所以也就不成立了。

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也不是weaken吧,D直接论断财长的贬值计划行不通。因为argon贬值能刺激外国人买

argonia生产的产品,但是如果argonia所有企业加起来开足马力也只能生产目前的量,也

就是supply呈水平线封顶了,那再刺激demand也不能增加export了

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 谢谢大家!!

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