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
19
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
[originaltext]M:Hi,Sandy.Howareyourfinalsgoing?W:Oh,hi,Michael.Ifi
Oncetheydecidedtohavechildren,MiShelandCarlMeissnertackledthenex
试回答防眩设施工程质量检验评定标准的问题。(4)防眩设施工程质量检验评定实测项目
某公司预计第一季度和第二季度产品销售量分别为140万件和200万件,第一季度期初
公共行政的核心原则是()。(2011年真题)A.公民第一原则 B.公众参
城市总体规划纲要的主要内容不包括()。A.市域城镇体系规划纲要 B.提出重
下列说法中,正确的是( )。A.大赦既赦其刑,又赦其罪B.特赦只赦其刑
根据《中国证券登记结算有限责任公司结算备付主管理办法》,结算参与人申请开立资金交
下列应当按照国家规定从工伤保险基金中支付的项目包括:() A.一次性伤残
以协商价格作为内部转移价格时,该协商价格的下限通常是()。A.单位市场价格 B
最新回复
(
0
)