European currency "snake

简明释义

欧洲货币蛇体系

英英释义

例句

1.The introduction of the European currency 'snake' aimed to stabilize exchange rates among member countries.

引入欧洲货币“蛇”旨在稳定成员国之间的汇率。

2.During the 1980s, the European currency 'snake' was a crucial step towards the eventual creation of the Euro.

在1980年代，欧洲货币“蛇”是最终创建欧元的重要一步。

3.The European currency 'snake' was designed to limit fluctuations between the currencies of participating countries.

欧洲货币“蛇”旨在限制参与国货币之间的波动。

4.In discussions about monetary policy, the European currency 'snake' is often referenced as a historical example.

在关于货币政策的讨论中，欧洲货币“蛇”常被作为历史例子提及。

5.Many economists believe that the European currency 'snake' helped reduce volatility in the European markets.

许多经济学家认为，欧洲货币“蛇”有助于减少欧洲市场的波动性。

作文

The term European currency "snake" refers to a system that was established in the late 1970s as part of the European Monetary System (EMS). The main goal of this system was to reduce exchange rate variability and achieve monetary stability in Europe. The European currency "snake" allowed member countries to maintain their own currencies while keeping them within a certain fluctuation band against each other. This was crucial for fostering trade and economic cooperation among European nations. In the context of the global economy, the European currency "snake" represented a significant step towards greater economic integration in Europe. By limiting the range of exchange rate fluctuations, it provided a more stable environment for businesses engaged in cross-border trade. This was particularly important during a time when many European countries were grappling with inflation and economic uncertainty. One of the notable features of the European currency "snake" was its flexibility. While it aimed to stabilize currencies, it also allowed for some degree of adjustment. Countries could devalue their currencies if necessary, but this had to be done cautiously to avoid triggering a wider crisis. This balance between stability and flexibility was essential for maintaining confidence among member states. However, the European currency "snake" faced challenges over the years. Economic disparities among member countries often led to tensions, as stronger economies like Germany exerted pressure on weaker ones. When economic conditions fluctuated, some countries found it difficult to keep their currencies within the agreed-upon bands. This created a sense of instability and prompted discussions about the need for a more permanent solution. Ultimately, the lessons learned from the European currency "snake" paved the way for the introduction of the euro in 1999. The euro represented a more ambitious attempt at monetary union, eliminating the need for individual currencies altogether. While the European currency "snake" was a stepping stone towards this goal, it highlighted the complexities of achieving true economic unity among diverse nations. In conclusion, the European currency "snake" was a pivotal moment in European economic history. It illustrated both the potential benefits and challenges of currency cooperation. As Europe continues to navigate its economic landscape, the experiences from the European currency "snake" remain relevant, reminding policymakers of the importance of stability, flexibility, and collaboration in achieving lasting monetary success.

短语欧洲货币“蛇”指的是在1970年代末期作为欧洲货币体系（EMS）的一部分建立的一个系统。该系统的主要目标是减少汇率波动并实现欧洲的货币稳定。欧洲货币“蛇”允许成员国保持自己的货币，同时将其在彼此之间的波动范围限制在一定范围内。这对于促进欧洲国家之间的贸易和经济合作至关重要。在全球经济的背景下，欧洲货币“蛇”代表了朝着更大经济一体化迈出的重要一步。通过限制汇率波动范围，它为参与跨境贸易的企业提供了一个更稳定的环境。这在许多欧洲国家面临通货膨胀和经济不确定性的时候尤为重要。欧洲货币“蛇”的一个显著特点是它的灵活性。虽然它旨在稳定货币，但也允许一定程度的调整。如果必要，国家可以贬值其货币，但这必须谨慎进行，以避免引发更广泛的危机。这种稳定与灵活之间的平衡对于维持成员国之间的信心至关重要。然而，欧洲货币“蛇”多年来面临挑战。成员国之间的经济差异常常导致紧张局势，因为像德国这样的强国对弱国施加压力。当经济条件波动时，一些国家发现很难将其货币保持在商定的范围内。这造成了一种不稳定感，并促使人们讨论需要更永久的解决方案。最终，从欧洲货币“蛇”中获得的经验教训为1999年欧元的引入铺平了道路。欧元代表了一种更雄心勃勃的货币联盟尝试，完全消除了对个别货币的需求。虽然欧洲货币“蛇”是朝着这一目标迈出的垫脚石，但它突显了在多样化国家之间实现真正经济团结的复杂性。总之，欧洲货币“蛇”是欧洲经济历史上的一个关键时刻。它展示了货币合作的潜在好处和挑战。随着欧洲继续应对其经济格局，欧洲货币“蛇”的经验仍然具有相关性，提醒政策制定者在实现持久货币成功时稳定、灵活性和合作的重要性。