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In the 1970s, oil was discovered in（), but the revenue from oil did not create an econ

In the 1970s, oil was discovered in(), but the revenue from oil did not create an economic miracle for Britain.

A.the English Channel

B.the Irish Sea

C.the St. George Sea

D.the North Sea

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发布时间：2022-03-23

更多“In the 1970s, oil was discovered in（), but the revenue from oil did not create an econ”相关的问题

第1题

In the 1970s oil was discovered in ________, but the revenue from oil did not create a

A.the English Channel

B.the Irish Sea

C.St. George's Channel

D.the North Sea

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第2题

Could the bad old days of economic decline be about to return？ Since OPEC agreed to supply

-cuts in March, the price of crude oil has jumped to almost $26 a barrel, up from less than

$10 last December. Tbis near-tripling of oil prices calls up scary memories of the 1973 oil shock, when prices quadrupled, and 1979-1980, when they also almost tripled. Both previous shocks resulted in double-digit inflation and global economic decline. So where are the headlines warning of gloom and doom this time？

The oil price was given another push up this week when Iraq suspended oil exports. Strengthening economic growth, at the same time as winter grips the northern hemisphere, could push the price higher still in the short term.

Yet there are good reasons to expect the economic consequences now to be less severe than in the 1970s. In most countries the cost of crude oil now accounts for a smaller share of the price of petrol than it did in the 1970s. In Europe, taxes account for up to four-fifths of the retail price, so even quite big changes in the price of crude have a more muted effect on pump prices than in the past.

Rich economies are also less dependent on oil than they were, and so less sensitive to swings in the oil price. Energy conservation, a shift to other fuels and a decline in the importance of heavy, energy-intensive industries have reduced oil consumption. Software, consultancy and mobile telephones use far less oil than steel or car production. For each dollar of GDP (in constant prices) rich economies now use nearly 50% less oil than in 1973. The OECD estimates in its latest Economic Outlook that, if oil prices averaged $22 a barrel for a full year, compared with $13 in 1998, this would increase the oil import bill in rich economies by only 0.25% ~ 0.5% of GDP. That is less than one-quarter of the income loss in 1974 or 1980. On the other hand, oil-importing emerging economies—to which heavy industry has shifted—have become more energy-intensive, and so could be more seriously squeezed.

One more reason not to lose sleep over the rise in oil prices is that, unlike the rises in the 1970s, it has not occurred against the background of general commodity-price inflation and global excess demand. A sizable port/on of the world is only just emerging from economic decline. The Economist's commodity price index is broadly unchanging from a year ago. In 1973 commodity prices jumped by 70% , and in 1979 by almost 30%.

The main reason for the latest rise of oil price is ______.

A．global inflation

B．reduction in supply

C．fast growth in economy

D．Iraq's suspension of exports

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第3题

请根据以下内容回答11-15题 The Rising Oil Price Could the bad old days of economic decline

be about to return？ Since OPEC agreed to supply-cuts in March, the price of crude oil has jumped to almost $ 26 a barrel, up from less than $10 last December. This near-tripling of oil prices calls up scary memories of the 1973 oil shocks resulted in double-digit inflation and global economic decline. So where are the headlines warning of gloom and doom this time？ The oil price was given another push up this week when Iraq suspended oil exports. Strengthening economic growth, at the dame time as winter grips the northern hemisphere, could push the price higher still in the short term. Yet there are good reasons to expect the economic consequences now to be less severe than in the 1970s. In most countries the cost of crude oil now accounts for a smaller share of the price of petrol than it did in the 1970s. In Europe, taxes account for up to four-fifths of the retail price, so even quite big changes in the price of crude have a more muted effect on pump prices than in the past. Rich economics are also less dependent on oil than they were, and so less sensitive to swings in the oil price. Energy conservation, a shift to other fuels and a decline in the importance of heavy, energy-intensive industries have reduced oil consumption. Software, consultancy and mobile telephones use far less oil than steel or car production．For each dollar of GDP(in constant prices)rich economics now use nearly 50% less oil than in 1973．The OECD estimates in its latest Economic Outlook that。if oil prices averaged$2 2 a barrel for a full year，compared with$13 in l998。this would increase the oil import bill in rich economies by only 0．25%～0．5%of GDP．That is less than one-quarter of the income loss in l974 0r 1980．On the other hand，oilimporting emerging economies--to which heavy industry has shifted--have become more energy-intensive，and SO could be more seriously squeezed． One more reason not to lose sleep over the rise in oil prices is that，unlike the rises in the 1970s，it has not occurred against the background of general commodity-price inflation and global excess demand．A sizable portion of the world is only just emerging from economic decline．The Economist’s commodity price index is broadly unchanging from a year a90．In 1973 commodity prices jumped by 70%，and in l979 by almost 30%． The main reason for the latest rise of oil price is _________． A global inflation B reduction in supply C fast growth in economy D Iraq’s suspension of exports

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第4题

20世纪70年代末，英国一夜暴富——由于早几年北海油田的成功开发，以及1970～1980年间石油价格的飞涨，英国国民收

入突然迅速增加。然而到了80年代初期，由于世界性的经济滑坡和对石油需求的减少。油价下降。

在下表中我们列出了英镑对一些外国货币的平均实际汇率指数(这些平均指数被称为实际有效汇率)。这些指数中任何一个数值的提高都意味着英镑的实际升值，即英国的价格水平相对于用英镑表示的外国平均价格水平提高，反之则为贬值。

英国实际有效汇率的变更，1976～1984年(1980=100)

1976	1977	1978	1979	1980	1981	1982	1983	1984
68.3	66.5	72.2	81.4	100.0	102.8	100.0	92.5	89.8

请用以上信息解释英国1978～1984年实际有效汇率变动的原因，请注意非贸易品的作用。

In the late 1970s Britain seemed to have struck it rich．Having developed its North Sea oil-producing fields in earlier years，Britain suddenly found its real income higher as a result of a dramatic increase in world oil prices in 1979-1980． In the early 1980s，however，oil prices receded as the world economy slid into a deep recession and world oil demand faltered．

On the following page，we show index numbers for the average real exchange rate of the pound against several foreign currencies．(Such average index numbers are called real effective exchange rates.)A rise in one of these numbers indicates a real appreciation of the pound，that is，an increase in Britain's price level relative to the average price level abroad measured in pounds．A fall is a real depreciation．

Real Effective Exchange Rate of Pound Sterling，1976-1984年(1980=100)

1976	1977	1978	1979	1980	1981	1982	1983	1984
68.3	66.5	72.2	81.4	100.0	102.8	100.0	92.5	89.8

Use the clues we have given about the British economy to explain the rise and fall of the pound's real effective exchange rate between 1978 and 1984． Pay particular attention to the role of nontradables．

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第5题

It was （） that the policy of reform. and opening up came into being in China.

A．in the 1970s

B．in 1970s

C．in the 1970s'

D．in 1970's

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第6题

简述断裂比功Wa。

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第7题