dollar exchange standard system

简明释义

美元汇兑本位制

英英释义

A monetary system in which the value of a country's currency is directly linked to a specific amount of U.S. dollars, allowing for stable exchange rates and facilitating international trade.

一种货币体系,其中一个国家的货币价值直接与一定数量的美元挂钩,从而实现稳定的汇率并促进国际贸易。

例句

1.The dollar exchange standard system allows for a more predictable economic environment.

美元汇率标准体系为更可预测的经济环境提供了保障。

2.The dollar exchange standard system has been pivotal in stabilizing international trade.

美元汇率标准体系在稳定国际贸易中发挥了关键作用。

3.Many countries adopted the dollar exchange standard system to facilitate easier currency conversions.

许多国家采用美元汇率标准体系以便于货币兑换。

4.Countries using the dollar exchange standard system often experience lower inflation rates.

使用美元汇率标准体系的国家通常经历较低的通货膨胀率。

5.During the financial crisis, the dollar exchange standard system helped maintain investor confidence.

在金融危机期间,美元汇率标准体系帮助维持了投资者信心。

作文

The concept of the dollar exchange standard system has played a significant role in shaping global economics. This system refers to a monetary framework where the value of currencies is pegged to the United States dollar, which serves as the primary reserve currency for international trade and finance. Understanding this system is crucial for both economists and everyday individuals, as it influences everything from international trade agreements to the prices of goods and services worldwide.Historically, the dollar exchange standard system emerged after World War II, when the Bretton Woods Agreement established the U.S. dollar as the world's dominant currency. Countries agreed to fix their exchange rates to the dollar, which was, in turn, convertible to gold. This arrangement provided stability and predictability in international transactions, fostering economic growth and cooperation among nations.As globalization progressed, many countries adopted the dollar exchange standard system to facilitate trade. The system's reliance on the U.S. dollar means that countries must maintain sufficient dollar reserves to manage their currencies' value against the dollar. This creates a dependency on the U.S. economy, which can lead to vulnerabilities, especially during times of economic instability or financial crises.One of the main advantages of the dollar exchange standard system is the reduction of exchange rate risk. When currencies are pegged to the dollar, businesses can engage in international trade with greater confidence, knowing that fluctuations in exchange rates will not significantly impact their profits. This stability encourages investment and economic growth, as companies are more likely to expand their operations across borders.However, there are also drawbacks to this system. For instance, countries that adopt the dollar exchange standard system may find themselves constrained by the monetary policy decisions made by the U.S. Federal Reserve. If the Fed raises interest rates to combat inflation, it can lead to capital flight from other countries, destabilizing their economies. Additionally, countries with weaker economies may struggle to maintain their currency's peg to the dollar, leading to potential devaluations and economic turmoil.In recent years, the sustainability of the dollar exchange standard system has been called into question. With the rise of emerging economies and alternative currencies, some analysts argue that the dominance of the U.S. dollar may be waning. Countries like China have begun promoting their own currencies for international trade, which could challenge the existing system. Furthermore, geopolitical tensions and trade wars have highlighted the risks associated with relying heavily on a single currency.In conclusion, the dollar exchange standard system remains a cornerstone of the modern global economy, providing stability and facilitating trade. However, it is essential to recognize its limitations and the potential consequences of such reliance. As the world continues to evolve, the future of this system may depend on how effectively countries can adapt to changing economic landscapes and navigate the complexities of international finance. Understanding the intricacies of the dollar exchange standard system is vital for anyone looking to grasp the dynamics of global economics today.

美元汇率标准体系的概念在塑造全球经济中发挥了重要作用。该体系指的是一种货币框架,其中各国货币的价值与美元挂钩,美元作为国际贸易和金融的主要储备货币。理解这一体系对经济学家和普通人都至关重要,因为它影响着从国际贸易协议到全球商品和服务价格的一切。历史上,dollar exchange standard system 在二战后出现,当时布雷顿森林协议确立了美元作为世界主导货币。各国同意将其汇率固定在美元上,而美元则可以兑换成黄金。这种安排为国际交易提供了稳定性和可预测性,促进了国家之间的经济增长与合作。随着全球化的进展,许多国家采用了dollar exchange standard system 来促进贸易。该体系对美元的依赖意味着,各国必须保持足够的美元储备,以管理其货币相对于美元的价值。这造成了对美国经济的依赖,尤其是在经济不稳定或金融危机时期,这种依赖可能导致脆弱性。dollar exchange standard system 的主要优点之一是降低了汇率风险。当货币与美元挂钩时,企业可以更有信心地进行国际贸易,因为他们知道汇率波动不会显著影响他们的利润。这种稳定性鼓励投资和经济增长,因为公司更有可能在跨国扩展其业务。然而,该体系也存在缺点。例如,采用dollar exchange standard system 的国家可能会发现自己受到美国联邦储备委员会货币政策决策的限制。如果美联储提高利率以应对通货膨胀,这可能导致其他国家的资本外流,从而使其经济不稳定。此外,经济较弱的国家可能难以维持其货币与美元的挂钩,这可能导致贬值和经济动荡。近年来,dollar exchange standard system 的可持续性受到了质疑。随着新兴经济体和替代货币的崛起,一些分析师认为美元的主导地位可能正在减弱。像中国这样的国家已经开始推动自己的货币用于国际贸易,这可能会挑战现有体系。此外,地缘政治紧张局势和贸易战突显了过度依赖单一货币的风险。总之,dollar exchange standard system 仍然是现代全球经济的基石,提供稳定性并促进贸易。然而,认识到其局限性和这种依赖的潜在后果也至关重要。随着世界的不断发展,该体系的未来可能取决于各国如何有效适应不断变化的经济格局,并驾驭国际金融的复杂性。理解dollar exchange standard system 的复杂性对于任何希望掌握当今全球经济动态的人来说都是至关重要的。

相关单词

dollar

dollar详解:怎么读、什么意思、用法