A. fourth B. second C. first D. third 相关知识点: 试题来源: 解析 [正确答案] D [答案解析] 答案选D。In 2007, the UK had the world’s third largest current account deficit.参见教材P142。 本题知识点:Development of the British Economy Since WWⅡ,反馈 收藏 ...
Singled out by theInternational Monetary Fundlast year as being the fastest-growing economy in the G-7, the U.K. still faces criticism that its high current account deficit could push it toward a currency crisis. Carl Weinberg, chief economist at High Frequency Economics, told CNBC this week ...
In September 2014, Labour outlined plans to cut the government's current account deficit and balance the budget by 2020, excluding investment. The party carried these plans into the 2015 general election,[106] which Labour lost. Its representation fell to 232 seats in the House of Commons.[107...
The UK has a large and persistent current account deficit. Policy makers argue that the deficit is easily financed, temporary and therefore not a sign of structural weakness. We examine the conditions in which it is appropriate for a country to overspend its current income with the intention of...
The first-quarter growth rate was roughly half that seen in the last six months of 2014, but most economists and the Bank of England expect growth to pick up later this year. Britain's current account deficit also fell to 26.548 billion pounds from an upwardly revised 28.93 billion pounds,...
This article claims that although the British economy is facing recession, as of May 1990, a successful attempt to manage inflation and the current account deficit will mean recovery by 1991. The British economy entered ...
Net exports fall, so the country is running a current account deficit, with its holdings of foreign bonds decreased (NFA position deteriorates). Under the crisis state, the boost in labor, wage, consumption, and output is more pronounced with the Taylor rule response shut off. This raises ...
A record-busting deficit is not the hallmark of a balanced economy March 31 2016 UK GDP Current account deficit hits postwar high Gap widens because of drop in earnings on overseas investments January 8 2016 UK downturn UK current account worries awake from their slumber ...
The UK has a seriouslyunbalanced economy, with little spare capacity and a slow trend rate of growth. To correct its imbalances, the current account deficit and the cash flow surpluses of the corporate sector need to fall. This would permit a fall in the fiscal deficit, but requires afall...
Finally, the current account deficit widened from £6.2 billion to £20.7 billion between the second and third quarters, the highest share of GDP since 1989.”The Confederation of British Industry (CBI) meanwhile called for greater support for UK exports.Stephen Gifford, the CBI’s...