Which of the following is NOT mentioned as a possible approach to keep the parks open?
A.Raising fund from the public.
B.Collecting money from drivers.
C.Shortening the opening hours.
D.Getting help from the park officials.
Capital Controls and Monetary Policy in Developing Countries
This paper looks at both the theoretical and empirical literature on capital controls and finds that controls can play an important role in developing countries by helping to insulate them from some of the harmful (21) of volatile and short-term capital flows.
The authors look at controls on capital inflows in Malaysia (1989-1995); Colombia (1993-1998); Chile (1989-1998); and Brazil (1992-1998), and also consider the (22) of Malaysia's controls on outflows in 1998-2001. They conclude that there is sufficient backing in both economic theory and empirical evidence to consider more widespread (23) of capital controls in order to (24) some of the macroeconomic problems (25) with short-term capital flows, to enable certain development strategies, and to allow policymakers more flexibility with regard to crucial monetary and exchange rate policies.
The paper follows what appears to be a shift in the position of the International Monetary Fund (IMF) towards such controls. In a February paper, the IMF concluded that "there may be (26) in which capital controls are a legitimate (27) of the policy (28) to surges in capital inflows. " The Fund's Global Financial Stability Report (29) in April 2010 was less sanguine about capital controls, but the net result is that the IMF appears more open to (30) capital controls than in the past.
(21)
A.effects
B.affects
C.influence
D.influences
At the end of the passage, the author states all the following EXCEPT that ______ .
A.Danes are clearly informed of their social benefits
B.Danes take for granted what is given to them
C.the open system helps to tide the country over
D.orderliness has alleviated unemployment
"Finally it gave" (Paragraph 5) means that______.
A.the lock came open after all his efforts
B.at last the wrench went broken
C.luckily the door was torn away in the end
D.the chance was lost at the last minute