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
2014-09-27
20
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 beneficial, not detrimental, to consumers. As productivity grows, the world’s wealth increases.
Examples of benefits or costs of the current concentration wave are scanty. Yet it is hard to imagine that the merger of a few oil firms today could 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 megamergers 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
主旨题。第一段第一句即点明了全文主题:世界正经历一次历史上最大的合并重组浪潮。所以C为正确答案。
转载请注明原文地址:https://jikaoti.com/ti/u5fsFFFM
本试题收录于:
公共英语四级笔试题库公共英语(PETS)分类
0
公共英语四级笔试
公共英语(PETS)
相关试题推荐
Helandedinthiscountrywhenhewas4yearsoldwithoutawordofEnglish,andtherehehasrecentlygraduatedwithhonorsf
Wheredoesthemoneyforpublicschoolscomefrom?
Wheredoesthemoneyforpublicschoolscomefrom?
StandardEnglishisthevarietyofEnglishwhichisusuallyusedinprintandwhichisnormallytaughtinschoolsandtonon-nat
Allthehumanbeingsspeakacertainkindoflanguageandmore.Buthaveyoueverobservetheprocessofaninfant’sbeginning
BankofAmerica,holdingcompanyfortheSanFrancisco-basedBankofAmerica,wasonceunchallengedasthenation’sbiggestbank
WhatisCanonDigitalPowerShotS230camera’ssize?
Futurologistshavenotbeenverypreciseabouthowandhowmuchdigitalmediawillchangeourlives.Mostofcommentshavefocus
Thereareadvantagesin1997,ifyouwanttolookforthem.Theairiscleaner,andthereseemtobefewercolds.Thecrimerate
随机试题
女性,40岁,阴道不规则流血,超声示子宫黏膜下肌壁间多个大小不等的结节。若其中一个肿物切面灰黄,质软,湿润,局部可见出血坏死边界不清,镜下瘤细胞排列密集紊乱,胞核异型性明显,核分裂象10个/HPF,此时应诊断为
A.胸痛为短暂的刺痛或窜痛B.胸痛为持续性刺痛或烧灼痛C.胸痛为压榨性,服硝酸甘油数分钟缓解D.胸痛随着呼吸而加重E.胸痛为压榨性,含服硝酸甘油不缓解,伴血压下降、呼吸困难肋间神经痛
软组织急性感染的处理不包括
具有抗球虫作用的药物是()
关于建筑防水的说法,正确的有()。
根据《会计法》的规定,对隐匿或者故意销毁应当保存的会计凭证、会计账簿、财务会计报告,尚不构成犯罪的,县级以上财政部门除按规定对相关直接负责的主管人员和其他直接责任人员进行处罚外,对单位予以通报,可以并处罚款。对单位所处的罚款金额最低为()元。
对于认知风格属于场依存型的学生,适合的教学方法是()
睡眠者心率和血压变得不规律,呼吸变得急促,则该睡眠者处于()阶段。
TimeClass8:00—8:50History9:00—9:50Maths9:50—10:05Morningbreak(课间休息)10:10—11:00English11:10—12
Schoolsoutsidecities[A]Withitssandybeaches,charmingruinsandoccasionallybluewaters,theIsleofWightisaperfects
最新回复
(
0
)