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
Benefited or Hurt For the most part, it seems, workers in rich countries have little to fear from globalization, and a lot t
Benefited or Hurt For the most part, it seems, workers in rich countries have little to fear from globalization, and a lot t
admin
2013-05-28
44
问题
Benefited or Hurt
For the most part, it seems, workers in rich countries have little to fear from globalization, and a lot to gain. But is the same thing true for workers in poor countries? The answer is that they are even more likely than their rich country counterparts to benefit, because they have less to lose and more to gain. Orthodox economics takes an optimistic line on integration and the developing countries. Openness to foreign trade and investment should encourage capital to flow to poor economies. In the developing world, capital is scarce, so the returns on investment there should be higher than in the industrialized countries, where the best opportunities to make money by adding capital to labor have already been used up. If pool countries lower their barriers to trade and investment, the theory goes: rich foreigners will want to send over some of their capital.
If this inflow of resources arrives in the form of loans or portfolio investment, it will supplement domestic savings and loosen the financial constraint on additional investment by local companies. If it arrives in the form of new foreign controlled operations, FDI, so much the better: this kind of capital brings technology and skills from abroad packaged along with it, with less financial risk as well. In either case, the addition to investment ought to push incomes up, partly by raising the demand for labor and partly by making labor more productive.
This why workers in FDI receiving countries should be in an even better position to profit from integration than workers in FDI sending countries. Also, with or without inflows of foreign capital, the same static and dynamic gains from trade should apply in developing countries as in rich ones. This gain from trade logic often arouses suspicion, because the benefits seem to come from nowhere. Surely one side or the other must lose. Not so. The benefits that a rich country gets though trade do not come at the expense of its poor country trading partners, or vice versa. Recall that according to the theory, trade is a positive sum game. In all these transactions, sides exporters and importers, borrowers and lenders, shareholders and workers can gain.
Which of the following statements is correct?
选项
A、A rich country gets benefits through trade at the expense of its poor country trading partners.
B、A poor country gets benefits through trade at the expense of its rich country trading partners.
C、In trade one side or the other must lose because the benefits must come from somewhere.
D、In trade it is possible for every part involved winning at the expense of nobody.
答案
D
解析
最后一段中提及“The benefits that a rich country gets through trade do not come at the expenseof its poor country trading partners or vice versa”,可排除A、B项。文中还提到“the benefits seem to comefrom nowhere.Surely one side or the other must lose.Not so”,可排除C项。从而确定D项。
转载请注明原文地址:https://kaotiyun.com/show/9iQd777K
本试题收录于:
职称英语理工类B级题库职称英语分类
0
职称英语理工类B级
职称英语
相关试题推荐
ActiveinOldAgeKeepsPeopleMobilePeopleover70whoaren’tactivearemorelikelytodevelopproblemswalkingorclimbin
ThirstforOilWorldwideeveryday,wedevourtheenergyequivalentofabout200millionbarrelsofOil.Mostoftheenergy
TheWorker’sRoleinManagementTraditionally,ithasbeentheworkers’roletoworkandmanagement’sroletomanage.Mana
One-thirdofParentsLackFactsaboutChildDevelopmentOne-thirdofparentsofbabieshaveasurprisinglylowknowledgeof
Icebergs1Icebergsareamongnature’smostspectacular(壮观的)creations,andyetmostpeoplehaveneverseenone.Avagueairo
A.becostlyB.harmfulC.savealifeD.stillopentodebateE.reducetheriskofradiationtriggeringacancerF.reduc
WronglyConvictedManandHisAccuserTellTheirStoryNEWYORKNY,January5,2010,St.Martin’sPresshasannouncedthere
Theyhadputupwiththebehaviorfromtheirsonwhichtheywouldnothavetoleratedfromanyoneelse.
InEnglandfootballisagameenjoyed______.ThereisagreatdifferencebetweenschoolsinEnglandandthoseinEuropeintha
TheEnormousEggDr.Ziemerarrivedwhilewewerestillstaringatthethinginthenest.Hejumpedouthiscarandcameru
随机试题
理想集成运算放大器应具备的条件中,下述正确的是()。
当模型为G(s)=时,组成系统的环节是【】
暗适应过程中
下列哪项检查对鉴别血管内溶血和血管外溶血无帮助
护理该病人,最重要的是( )针对病人消化道症状,其对症护理措施为( )
关于隔墙特性说法正确的是()。
四张扑克牌的点数分别是2、3、4、6,将它们洗匀后背面朝上放在桌面上,从中随机抽取一张牌,则这张牌是偶数的概率为______.
下列说法不正确的是()。
生态文明
计算机病毒是()。
最新回复
(
0
)