Passage 2
For World Economy, the Worst of Recession Has Passed
For many nations, the worst of economic slump is over.
After a slow first half, the United States recovery has accelerate
D. Some economists are talking of a real 4 per cent or better growth rate this quarter. The monthly survey of members of the National Association of Purchasing Management found a “ healthy increase” in both manufacturing and the overall economy in November.
Business is picking up in Canada and Britain also. Canada should have around 2.7 per cent real growth this year. The new British budget, announced this week, assumes a real growth rate next year of 2.5 per cent.
But on the European continent, the situation is less happy. "The economic climate has deteriorated further, albeit at a declining rate," a European Community report commented recently. "There are still few signs of a cyclical turning point being reached."
The MIT economist criticizes the French government for strangling the economy with high interest rates in order to keep the franc strong against the German deutsche mark. As a result, Dornbusch predicts, France will experience rising unemployment in 1993,1994 and 1995. And mass unemployment will worsen France's budget deficit and the prospect for tax cuts or more government spending to boost the economy.
The Japanese economy remains in trouble, with output falling two quarters in a row for the first time in decades. An appreciation of more than 15 per cent in real terms in the Yen over the past two years has hurt Japanese competitiveness, Dornbusch notes. The fiscal package to stimulate the economy, to be implemented next April, "will help some but not much".
The high value of the Yen has contributed to the competitiveness of Japanese manufacturers.
A、正确
B、错误
【正确答案】：B
【名师解析】:根据题目内容，选项B是错误的，因为文章中提到了多个国家的经济情况正在改善，而不是全部。美国经济复苏加速，加拿大和英国的商业活动也在增加，并且预计会有正的增长。然而，欧洲大陆的情况则不那么乐观，法国政府的政策导致经济受到抑制，法国将面临失业率上升的问题。日本的经济也遇到了困难，日元的升值影响了其竞争力。因此，说"最坏的经济衰退已经过去"这一说法并不适用于所有国家，特别是欧洲大陆和日本的情况。所以选项B是正确的，题目答案应为A。
