首页
登录
职称英语
For good or ill, globalization has become the economic buzz-word of the 1990
For good or ill, globalization has become the economic buzz-word of the 1990
游客
2025-03-22
4
管理
问题
For good or ill, globalization has become the economic buzz-word of the 1990s. National economies are undoubtedly becoming steadily more integrated as cross-border flows of trade, investment and financial capital increase. Consumers are buying more foreign goods, a growing number of firms now operate across national borders, and savers are investing more than ever before in far-flung places.
Whether all of this is for good or ill is a topic of heated debate. One positive view is that globalization is an unmixed blessing, with the potential to boost productivity and living standards everywhere. This is because a globally integrated economy can lead to a better division of labor between countries, allowing low-wage countries to specialize in labor-intensive tasks while high-wage countries use workers in more productive ways. It will allow firms to exploit bigger economies of scale. And with globalization, capital can be shifted to whatever country offers the most productive investment opportunities, not trapped at home financing projects with poor returns.
Critics of globalization take a gloomier view. They predict that increased competition from low-wage developing countries will destroy jobs and push down wages in today’s rich economies. There will be a race to the bottom as countries reduce wages, taxes, welfare benefits and environmental controls to make themselves more competitive. Pressure to compete will erode the ability of governments to set their own economic policies. The critic also worry about the increased power of financial markets to cause economic havoc, as in the European currency crises of 1992 and 1993, Mexico in 1994—1995 and South-East Asia in 1997. [br] National economies are becoming more integrated as a result of______.
选项
A、increasing flows of cross-border trade, investment and financial capital
B、more and more consumers going abroad to buy goods
C、many companies establishing new businesses
D、savers investing more in developed areas than in developing countries
答案
A
解析
细节题。根据第一段,随着跨国境贸易、投资及金融资本流动的增加,各国经济越来越趋于一体化。B、C、D意思都与文章意思不符。
转载请注明原文地址:https://tihaiku.com/zcyy/4008583.html
相关试题推荐
Whatbeganwiththeinventionofthetelephonein1876hastodaybecomeagl
OnJuly15thIndiawillbecomethelatestcountrytoshutdownitsofficial
OnJuly15thIndiawillbecomethelatestcountrytoshutdownitsofficial
OnJuly15thIndiawillbecomethelatestcountrytoshutdownitsofficial
OnJuly15thIndiawillbecomethelatestcountrytoshutdownitsofficial
Rita:Susan,youcouldbecomeamodel.Susan:Don’tmakemelaugh!Question:Wha
Forgoodorill,globalizationhasbecometheeconomicbuzz-wordofthe1990
Forgoodorill,globalizationhasbecometheeconomicbuzz-wordofthe1990
Whenwomendobecomemanagers,dotheybringadifferentstyleanddifferent
Whenwomendobecomemanagers,dotheybringadifferentstyleanddifferent
随机试题
Althoughcreditcardsarebecomingamore【B1】______partofthefinancials
Scientistssaytheyhavehighhopesforadrugthatcouldonedayprovidean
【B1】[br]【B3】A、constantB、regularC、lastingD、normalC词义辨析题。regular意为“定期的,有规律的”
14岁女孩,发热半个月,体温38~39℃,双手指指关节和掌指关节肿痛伴活动受限,
下列融资需求当中,既有可能通过短期融资实现,又有可能通过长期融资实现的有()。
A.饭前服 B.睡前服 C.饭后服 D.大多宜空腹服 E.不定时服滋补药
左边给定的是纸盒的外表面,下面哪一项能由它折叠而成?
主题班会的主要形式有() A.主题报告会B.主题汇报会C.主题
既解表散热,又疏肝和胃的中成药是A.参苏片 B.小柴胡片 C.板蓝颗粒 D
对某项目进行风险概率估计时,由于没有有效的统计数据,也不能进行试验,则宜采用的概
最新回复
(
0
)