首页
登录
职称英语
(1)The world is going through the biggest wave of mergers and acquisitions e
(1)The world is going through the biggest wave of mergers and acquisitions e
游客
2023-10-22
16
管理
问题
(1)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?"
(2)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.
(3)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.
(4)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 re-create 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 WorldCom, 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.
(5)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? [br] The author cited the multinationals in Argentina in order to _______.
选项
A、arouse concern over the stability of the world economy
B、criticize the overemphasis on the development of multinationals
C、be a contrast to the insufficient concern about smaller national firms
D、illustrate the increasing importance of multinationals in international trades
答案
D
解析
根据题干中的multinationals in Argentina定位到第2段第5句。在该句中提到的Argentina的情况是为了说明该段前几句的观点:跨国公司生意越做越大,地位越来越重要,将四个选项的内容与此对比,可发现D意思最相近,故为本题答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3121225.html
相关试题推荐
Riotpolicemovedthroughthestreetsfiringintotheairto______thecrowd.A、
Theywerebothgladtohavegottenthroughthedivorceproceedingswithoutanyv
Asyoutouchpeople,surfacesandobjectsthroughouttheday,you______germson
[originaltext]W:AsautomationspreadsthroughtheAmericaneconomy,itsimp
[originaltext]W:AsautomationspreadsthroughtheAmericaneconomy,itsimp
[originaltext]W:AsautomationspreadsthroughtheAmericaneconomy,itsimp
Histripthroughtheworldmadeaninteresting______.A、descriptionB、narrative
_______theseobjections,wecannotignoretheadvantagesoflearningthrought
PeoplethroughoutthehistoryhavesoughtwaystoalterconsciousnesaA【C1】
PeoplethroughoutthehistoryhavesoughtwaystoalterconsciousnesaA【C1】
随机试题
A.54W B.27W C.0 D.18W
对总概算投资超过批准投资估算()以上的,应查明原因,重新上报审批。A.3
A.索拉菲尼 B.吉非替尼 C.美罗华 D.贝伐单抗 E.甲磺酸伊马替尼
经纪是指自然人、法人和其他经济组织通过( )等服务方式,促成委托人与他人的交易
当缺少单桩水平静载试验资料时,可估算预制桩、钢桩、桩身配筋率大于()的灌注桩单
根据《灵枢·营卫生会》,“中焦如沤”描述( )。A.受盛化物 B.化精微,奉
杵状指(趾)一般不出现在下列哪种疾病? A.亚急性感染性心内膜炎B.支气管扩张
证券投资基金可以同时投资于数十种甚至数百种证券,从而可以充分分散基金所持有的证券
关于人际关系运动阶段的说法不正确的是()。A.人力关系运动对人力资源管理的发展做
在浅埋暗挖法修建隧道及地下工程主要施工方法中,初期支护拆除量少的施工方法是(
最新回复
(
0
)