首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
The world is going through the biggest wave of mergers and acquisitions ever witnessed. The process sweeps from hyperactive Amer
The world is going through the biggest wave of mergers and acquisitions ever witnessed. The process sweeps from hyperactive Amer
admin
2010-07-19
27
问题
The world is going through the biggest wave of mergers and acquisitions ever witnessed. The process sweeps from hyperactive America to Europe and reaches the emerging countries with unsurpassed might. Many in these countries are looking at this process and worrying: "Won’t the wave of business concentration turn into an uncontrollable anti-competitive force?"
There’s no question that the big are getting bigger and more powerful. Multinational corporations accounted for less than 20% of international trade in 1982. Today the figure is more than 25% and growing rapidly. International affiliates account for a fast-growing segment of production in economies that open up and welcome foreign investment. In Argentina, for instance, after the reforms of the early 1990s, multinationals went from 43% to almost 70% of the industrial production of the 200 largest firms. This phenomenon has created serious concerns over the role of smaller economic firms, of national businessmen and over the ultimate stability of the world economy.
I believe that the most important forces behind the massive M & A wave are the same that underlie the globalization process: falling transportation and communication costs, lower trade and investment barriers and enlarged markets that require enlarged operations capable of meeting customers’ demands. All these are bed recreate the same threats to competition that were feared nearly a century ago in the U. S., when the Standard Oil trust was broken up. The mergers of telecom companies, such as World Com, hardly seem to bring higher prices for consumers or a reduction in the pace of technical progress. On the contrary, the price of communications is coming down fast. In cars, too, concentration is increasing—witness Daimler and Chrysler, Renault and Nissan—but it does not appear that consumers are being hurt.
Yet the fact remains that the merger movement must be watched. A few weeks ago, Alan Greenspan warned against the mega mergers in the banking industry. Who is going to supervise, regulate and operate as lender of last resort with the gigantic banks that are being created? Won’t multinationals shift production from one place to another when a nation gets too strict about infringements to fair competition? And should one country take upon itself the role of "defending competition" on issues that affect many other nations, as in the U.S. vs. Microsoft case?
What is the typical trend of businesses today?
选项
A、To take in more foreign funds.
B、To invest more abroad.
C、To combine and become bigger.
D、To trade with more countries.
答案
C
解析
文中多次提到“兼并(merger)”,故选项C“合并变大”符合文章意思。
转载请注明原文地址:https://jikaoti.com/ti/793YFFFM
0
专业英语八级
相关试题推荐
Inthewriter’sopinion,inEnglandalcoholandtobaccomay______.WhatisthemaincauseofunhappinessformanyAmericansin
InTG,thestructurethatcontainsalltheunitandrelationshipsthatarenecessaryfrointerpretingthemeaningofthesentenc
PresidentBushhasproposedaddingoptionalpersonalaccountsasoneofthecentralelementsofamajorSocialSecurityreformp
Australiaistheworld’s_____continent.
Acollegestudentbecomessocompulsiveaboutcleaninghisdormroomthathisgradesbegintoslip.AnexecutivelivinginNewY
SevenTypesofEvidenceItisimportanttolearntouseevidenceinargumentativewriting,becausewithoutevidence,youcan’
A、therecordingindustryandon-linerecordcompaniesB、therecordingindustryanddownloading-programoperatorsC、EMIandon
HenryFielding,thefamousnovelistwhowasalsoaLondonmagistrate,oncemadeanightraidto【M1】_
A、FishermenB、ScientistsC、TouristsD、SurfersD
随机试题
某安装工程公司承包了一套燃油加热炉安装工程,包括加热炉、燃油供应系统、钢结构、工艺管道、电气动力与照明、自动控制、辅助系统等。燃油泵的进口管道焊缝要求100%射线检测,因阀门和法兰未到货,迟迟未能焊接。为了不影响单机试运行的进度要求,阀门和法兰到
下列选项中,防火间距确定的原则包括()。
第三方物流的调研属于()。
游戏理论“生长说”的代表人物有()等。
西周以后形成了以礼乐为中心的文武兼备的七艺教育。()
下列公文抄送行为,不符合规范的是()。
旨在培养具有爱国精神和国家意识的好公民的教育思潮是
下面哪一种对鸟的分配是可以接受的?第一笼第二笼展示下面哪一项列出了该养鸟者可以同时展出的两对鸟?
C语言规定,在一个C程序中,main()函数的位置()。
Youshouldspendabout20minutesonQuestions14-26,whicharebasedonReadingPassage2below.Whyareso
最新回复
(
0
)