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  3. The developing countries of Central and South America, Africa, and Asia once

The developing countries of Central and South America, Africa, and Asia once

游客2023-09-10  27
问题     The developing countries of Central and South America, Africa, and Asia once merely exported raw materials and cash crops in return for manufactured goods. People in these countries provided for most of their own needs through subsistence agriculture and small-scale crafts. In time, though, people in these countries grew increasingly dependent on the global economy, because local crafts could not compete with the cheap, factory-made exports of the developed countries, such as European nations, the United States, and Japan. To decrease their dependence, many developing countries sought to strengthen their economies by building factories, modern dams, and roads during the 1960s and 1970s: Governments frequently made poor financial choices. However, infrastructure projects such as dams and highways were often too massive for local needs. Choices about industry were sometimes not based on the best interests of the country, and protection from competition frequently resulted in inferior goods. As a result, products could not compete on the global market with the higher-quality goods from the industrialized countries. Many developing countries then had little income to pay off debts incurred (招致) during their expansion.
    A few developing economies succeeded in building prosperity through industrialization during the 20th century. The most notable of these were South Korea, Singapore, and Hong Kong S. A. R. Like Japan during the 19th century, they established tariffs and other barriers to protect local products from foreign competition and invested local wealth in industrial development. Also like Japan, they focused on selling the products they manufactured to foreign consumers in order to bring wealth into the country. By the end of the 20th century some experts considered these economies to be developed, rather than developing, although many of South Korea’s economic successes were reversed in the financial crisis of 1997. Following a similar path, China advanced economically through a rapid expansion of manufactured exports during the late 20th century.
    Meanwhile, multinationals based in the economically developed world set up low-wage manufacturing facilities in some developing countries, particularly in Southeast Asia and in Central and South America. These factories typically generated few long-term benefits for the local economy. The profits flowed outside the country to the shareholders of the foreign multinationals. Also, the developing countries were forced to participate in a "race to the bottom" to attract multinational investment. If a developing country or its people taught higher wages or enforced labor or environmental protections, multinationals often simply relocated production to a country with lower costs. [br] Factories set up by multinationals only brought ______ to local economy.
选项
答案 short-term benefits
解析 本题问“由跨国公司经营的工厂给当地经济带来了什么”。本题涉及到“Factories set up by multinationals”，相关部分在第三段开头，提到“multinationals based in the economically developed world set up low-wage manufacturing facilities in some developing countries, particularly in Southeast Asia and in Central and South America. These factories typically generated few long-term benefits for the local economy”(来自发达国家的跨国公司在一些欠发达国家设立低成本的生产设备，特别是在东南亚和中、南美洲一带。然而这些工厂几乎没有给当地经济带来任何长期的利益)。因此，答案为short-term benefits。
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