英美报刊选读Unit 10 World Report.pptVIP

Do you agree with the saying ”Oil is the lifeblood of industry” ? Can you name some oil-producing countries? What’s the relationship between oil and gold? What’s the relationship between oil and war? Part I (Para.1) Main Idea: the world is puzzling over the high oil price Part III (Para.6-8) Main Idea: relationship between gold and oil price Para.6 investment in the infrastructure stopped dead from 1998-2001 Para.7 unwise monetary deflation from 1996 Para.8 the author ‘s warning Part IV (Para. 9-11) Main Idea: the volatility of US dollar is the real cause of high oil price Para. 9 To abandon the gold standard is an intellectual failure Para. 10 Sometimes the signals were instantaneous Para. 11 The US dallor is free of gold or any commodity anchor Why is the price of oil so high according to the author? What kind of signal can gold standard supply in guiding capital investment? 必威体育精装版英美报刊选读_Unit 10 World Report 4. precede n. to happen or exist before another person or thing 在时间、顺序、行列等先于某事物 (para. 7) The Mayor entered, preceded by members of the council. 市政会的委员们入场后，市长也入场了。 The paragraph that precedes this one is not clear. 本段之前的那一段意思含糊不清。 Word Study 必威体育精装版英美报刊选读_Unit 10 World Report Word Study 5. preside v. control or be responsible for something 主持、管理、领导 (para. 7) These committees are usually presided over by a senior judge. 这些委员会通常由一位资深法官领导。The priest is often invited to preside at the reception. 牧师常被邀请来主持欢迎会。 He presided over the worst season in the team’s history. 他曾在该队历史上表现最差的赛季中当过队长。 必威体育精装版英美报刊选读_Unit 10 World Report 6. deflation n. reduction of the amount of money in circulation 通货紧缩(para. 7) 反义词：inflation 通货膨胀 Solution to deflation nomally involves expansionary fiscal and monetary policies. 一般情况下,克服通货紧缩,要同时实行积极的或扩张的财政政策和货币政策. Tax became a powerful instrument to tackle monetary deflation. 税收成为了应对通货紧缩的强有力的政策工具. Word Study 必威体育精装版英美报刊选读_Unit 10 World Report 7. hindsight n. wisedom abo