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
World Trade Organization Director-general Renato Ruggiero predicted that the WTO would boost global incomes by $ 1 trillion in t
World Trade Organization Director-general Renato Ruggiero predicted that the WTO would boost global incomes by $ 1 trillion in t
admin
2017-03-25
51
问题
World Trade Organization Director-general Renato Ruggiero predicted that the WTO would boost global incomes by $ 1 trillion in the next ten years. The pact paves the way for more foreign investment and competition in telecom markets. Many governments are making telecom deregulation a priority and making it easier for outsiders to enter the telecommunication business.
The pace varies widely. The U. S. and Britain are well ahead of the pack, while Thailand won’t be fully open until 2006. Only 20% of the $ 601 billion world market is currently open to competition. That should jump to about 75% in a couple of years—largely due to the Telecom Act in the U. S. last year that deregulated local markets, the opening up of the European Union’s markets from Jan. 1, 1998 and the deregulation in Japan. The WTO deal now provides a forum for the inevitable disputes along the way. It is also symbolic: the first major trade agreement of the post-industrial age. Instead of being obsessed with textile quotas, the WTO pact is proof that governments are realizing that in an information age, telecom is the oil and steel of economies in the future. Businesses around the world are already spending more in total on telecom services than they do on oil.
Consumers, meanwhile, can look forward to a future of lower prices—by some estimates, international calling rates should drop 80% over several years—and better service. Thanks in part to the vastly increased call volume carded by the fiber-optic cables that span the globe today, calling half a world away already costs little more than telephoning next door. The monopolies can no longer set high prices for international calls in many countries. In the U. S. , the world’s most fiercely competitive long distance market, frequent callers since last year have been paying about 12 cents a minute to call Britain, a price not much more than domestic rates.
The new competitive environment on the horizon means more opportunities for companies from the U. S. and U. K. in particular because they have plenty of practice at the rough-and-tumble of free markets. The U. S. lobbied hard for the WTO deal, confident that its firms would be big beneficiaries of more open markets. Britain has been deregulated since 1984 but will see even more competition than before: in December, the government issued 45 new international licenses to join British Telecom so that it will become a strong competitor in the international market. However, the once-cosseted industry will get rougher worldwide. Returns on capital will come down. Risks will go up. That is how free markets work. It will look like any other business.
What does "well ahead of the pack" mean in respect of the U. S. and Britain?
选项
A、Their telecom technology is much more advanced.
B、Their telecom markets are much more open.
C、They have more money invested in foreign telecom business.
D、They have more competition in the telecom markets.
答案
B
解析
细节题。根据第二段第二句“The U.S.and Britain are well ahead of the pack,while Thailand won’t be fully open until 2006.”可知,“well ahead of the pack”是指美国和英国的市场更开放,故正确答案为B。
转载请注明原文地址:https://kaotiyun.com/show/LNGO777K
0
考博英语
相关试题推荐
Manyyearsagopeoplethoughttheearthwasflat.Theybelievedthatthesky【C1】______abigupside-downbowlandthatthesun,m
Everygrouphasaculture,howeveruncivilizeditmayseemtous.Totheprofessionalanthropologist,thereisnointrinsicsupe
Likemanyotheraspectsofthecomputerage,Yahoobeganasanidea,【C1】______intoahobbyandlatelyhas【C2】______intoafull-
Whenapersondies,hisdebtsmustbepaidbeforehis______canbedistributed.
Probationoffersanotherwayto【C1】______ajailsentence.Thepersonisgivenasuspendedsentenceandissetfree.The【C2】_____
Fewnaturaldangersaremorefearedthanavalanches.AvalanchesareafamiliarpartofEuropeanhistory.ParticularlyintheSwi
Becauseoftheeconomicslowdown,thegovernmentchangeditspolicyto______revenuebylimitingcommerce.
Thisstyleofcookingis______toSouth-Easternprovinces.
Wateristhegiverand,atthesametime,thetakeroflife.Itcoversmostofthesurfaceoftheplanetweliveonandfeatures
Buildingthisroadwill______theconstructionoftenbridges,thenthetotalcostreaches1millionUSDollars.
随机试题
Theleopardisstrongerthananyotherofthegreatpredators.
不稳定或者易损斑块的特点不包括
不属于眼副器的结构是
物权所特有的功能和作用中,物权的效力体现在()
丧偶多年的张大爷,因脑溢血导致半身不遂,张大爷的女儿长期独自照顾他的日常起居,近来感到力不从心,向社会工作者小林求助。小林拟运用“家庭思维”方法为该家庭开展服务,其适宜的做法是()。[2015年真题]
新课程认为,教学过程的本质是()。
5岁的星星喜欢帮妈妈洗衣服,但总弄得全身湿湿的,遭到了妈妈的喝斥,并禁止她再洗衣服。此阶段儿童发展的任务是()。
罚金的缴纳方式有()。
【S1】【S10】
A、Teacherandstudent.B、Doctorandpatient.C、Managerandofficeworker.D、Travelagentandcustomer.C女士以请求的语气Iwonderwhether
最新回复
(
0
)