2. 考研
  3. The world is going through the biggest wave of mergers and acquisitions ever witnessed. The process sweeps from hyperactive Amer

The world is going through the biggest wave of mergers and acquisitions ever witnessed. The process sweeps from hyperactive Amer

admin2018-03-01  48
问题     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?"
    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.
    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.
    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 US, when the Standard Oil trust was broken up. The mergers of telecom companies, such as World Com, 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.
    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?
The numbers mentioned in the second paragraph are meant to ______.
选项 A、show that the corporations are getting bigger and bigger through concentration
B、demonstrate that multinational corporations account for more than 25% now
C、this phenomenon worries the smaller economic firms
D、this phenomenon might affect the stability of the world economy
答案A
解析 这些数字在第二段出现，起到了举例的作用。例子论述的观点一般都在例子之前。因此，在第二段第一句，其实说明了例子要论述的观点：毫无疑问，大企业正变得更大更强。由此可知，选项A是正确答案。选项B就是论事照抄例子本身，并不是例子要表达的观点。选项C和选项D对应第二段的最后一句话，这一句话并不是例子要论述的观点。
转载请注明原文地址:https://kaotiyun.com/show/CVBZ777K
0

考研英语一

相关试题推荐
随机试题
最新回复(0)