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
• Read this text about FDI. • Choose the best sentence from the sentences that follow to fill each of the gaps. • For each gap 9
• Read this text about FDI. • Choose the best sentence from the sentences that follow to fill each of the gaps. • For each gap 9
admin
2010-01-28
24
问题
• Read this text about FDI.
• Choose the best sentence from the sentences that follow to fill each of the gaps.
• For each gap 9-14, mark one letter (A-H) on your Answer Sheet.
• Do not use any letter more than once.
Advantages of FDI
Companies invest directly only if they think that they hold some supremacy over similar companies in countries of interest. The advantage results from a foreign company’s ownership of some resources--patents, product differentiation, management skills, access to markets--unavailable at the same price or terms to the local company. This is known as monopoly advantages before direct investment. The cost of transferring resources abroad is increasing and there is perceived greater risk of operating in a foreign country. (9) . Companies from certain countries may enjoy a monopoly advantage if they borrow capital at a lower interest rate than companies from other countries. In recent years, capital markets have become international, so it is possible for companies to borrow abroad more easily if interest rates are lower there.
(10) . Currency values, however, do not provide a strong explanation for FDI patterns. The currency-strength scenario only partially explains direct investment flows. More internationally oriented companies can get advantage from spreading out some of the costs of product differentiation, R & D, and advertising compared to less internationally oriented companies. Among industry groups and groups of companies of similar size that spent comparable amounts on advertising and R & D, the more internationally oriented companies in almost every case earned more than the others.
(11) Besides, with inflow of equipment, the skills of local worker can be improved. New management can also be introduced to the local companies to improve the administration of the enterprises of the local management.
From the perspective of a nation, FDI may bring some benefits. FDI can make a positive contribution to a host economy by supplying capital, technology, and management resources that would otherwise not be available. The provision of these skills by an MNE (through FDI) may boost that country’s economic growth rate. (12) . Technology is a catalyst that can stimulate a country’s economic growth and industrialization. Technology can take two forms, both of which are valuable. It can be incorporated in a production process (e. g., the technology for discovering, extracting, and refining oil). However, many countries lack the research and development resources and skills required to develop their local product and processing technology. (13) . Such countries need rely on advanced industrialized nations for much of the technology required to stimulate economic growth, and FDI can provide it.
Foreign management skills provided through FDI may also produce important benefits for the host countries. Beneficial spinoff effects arise when local personnel who are trained to occupy managerial, financial, and technical posts in the subsidiaries of a foreign MNE subsequently leave the firm and help to establish local firms. (14) .
A. Besides, new advanced technology can be introduced to the host country.
B. On the other hand, local companies can enjoy the advanced technology which they lack.
C. Therefore, a company will not undertake FDI if it does not see a higher return than it can get at home country and if it does not think it can outperform local firms.
D. FDI is especially important to developing countries.
E. This is particularly true of the less developed countries (LDCs).
F. Likewise, benefits may arise if the superior management skills of a foreign MNE stimulate local suppliers, distributors, and competitors to improve their own management skills.
G. Another advantage is when the foreign company’s currency has high buying power.
选项
答案
F
解析
转载请注明原文地址:https://kaotiyun.com/show/5SKd777K
本试题收录于:
BEC高级阅读题库BEC商务英语分类
0
BEC高级阅读
BEC商务英语
相关试题推荐
A、 B、 C、 B确认IsabellaShaw是不是新市场营销部部长的否定疑问句。(A)是重复问句中的单词marketing、有重复词错误的错误选项;听到That’sright(C)像是对的,但补充说明的主语不是问
Theinterlocutorasksyouquestionsonanumberofwork-relatedandnonwork-relatedsubjects.(Thecandidatechoosesonetop
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
(Thecandidatechoosesonetopicandspeaksaboutitforoneminute.)A.MarketResearch:theimportanceofdoingmarketresearc
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Canyoutellmewhyyouchooseyourparticularcareer?(Whatsparkedyourinterestinyourmajor?Howdidyoufirstgetinvolved
HowtoapproachListeningTestPartThree•InthispartoftheListeningTestyoulistentoalongconversationorinterviewan
HowtoapproachListeningTestPartThree•InthispartoftheListeningTestyoulistentoalongconversationorinterviewan
HowtoapproachListeningTestPartThree•InthispartoftheListeningTestyoulistentoalongconversationorinterviewan
随机试题
甲的一头牛走失,乙牵回关入自家牛棚,准备次日寻找失主。当晚牛棚被台风刮倒,将牛压死。乙将牛肉和牛皮出售,各得款500元和:100元。请人屠宰及销售,支出100元。下列哪一种说法是正确的?()
关于脑血栓形成的描述,下列哪项不正确
关于蛤蚧定喘丸注意事项论述,错误的是
案情:A房地产公司(下称A公司题)与B建筑公司(下称B公司题)达成一项协议,由B公司为A公司承建一栋商品房。合同约定,标的总额6000万元,8个月交工,任何一方违约,按合同总标的额20%支付违约金。合同签订后,为筹集工程建设资金,A公司用其建设用地使用权作
以下对于会审的说法正确的是:
高层工业建筑是指高度超过()m的两层及两层以上的厂房、库房。
为证实所有销售收入是真实的,B注册会计师应选择最有效的具体审计程序是( )。Y公司2005年12月20日记录的一笔大额主营业务收入,经审查原始凭证发现,发票开具日期为12月20日,出库单和发运凭证均在2006年1月20日。对此A注册会计师询问了有关人
_______,汗滴禾下土。_______,粒粒皆辛苦。(唐.李绅《悯农》)
瑞士教育家_______________认为教育的目的在于按照自然的法则全面地、和谐地发展儿童的一切天赋力量。
Americansdon’tliketolosewars.Ofcourse,alotdependsonhowyoudefinejustwhatawaris.Thereareshootingwars—theki
最新回复
(
0
)