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
考研
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
admin
2010-12-21
81
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 merge of a few oil firms today could recreate the same threats to competition that were feared nearly a century ago in the U.S., when the Standard Oil trust was broken up. The mergers of telecom companies, such as World Corn, 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 am 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 corn petition? And should one country take upon itself the role of "defending competition" on issues that affect many other nations, as in the U. S..
What is the typical trend, of businesses today?
选项
A、To take in more foreign funds.
B、To invest more abroad.
C、To combine and become bigger.
D、To trade with more countries.
答案
C
解析
第一段第1句话指出,“世界正在经历一波前所未有的合并一并购大浪潮”,因此,当今商业的典型趋势为C选项“合并壮大”。
转载请注明原文地址:https://kaotiyun.com/show/YJua777K
本试题收录于:
翻译硕士(翻译硕士英语)题库专业硕士分类
0
翻译硕士(翻译硕士英语)
专业硕士
相关试题推荐
illegalfund-raisingactivities
“HehasaservantcalledFriday.”“he”inthequotedsentenceisacharacterin________.
OfallthecatastrophesthatcouldbefallAmericaincomingyears,abigterroristattack,perhapsevenbiggerthanthoseonSep
Pleasewriteacompositionof400wordsonthefollowingtopic:MicroblogsaregainingmomentuminChinainthelastfewyea
Icouldn’thelpbut______whenIheardhisstory.
Sincemost,ifnotall,learningoccursthrough______,relatingoneobservationtoanother,itwouldbestrangeindeedifthes
Theschemewas______whenitwasdiscovereditwouldbeverycostly.
HehasbeentransferredtotheUniversityofMarylandMedicalCenterandiswaitingto______surgery.
______,hedoesgetirritatedwithhersometimes.
Beingperceivedasattractiveisn’tusuallyconsideredmuchofanimpedimentintoday’sworld.Oh,sure,there’stheendlesscom
随机试题
Helooksasifhe______nothingaboutthenews.
A.自身抗原B.同种异型抗原C.超抗原D.独特型抗原E.异嗜性抗原只需极低浓度即可激活多克隆T细胞的物质
下列叙述与利多卡因不符的是
下列不是实证呕吐的特点的是.()
患者,女,53岁。咳嗽月余,加重1周,咳引胸胁疼痛,痰少而稠,面赤咽干,舌苔黄少津,脉弦数。治疗应选取的主要经穴是()
根据《环境影响评价技术导则一地下水环境》,地下水一级评价项目,需掌握评价区评价期内至少一个连续水文年的()的地下水动态变化特征。
下列各项中,依照《企业国有资产法》及有关法律、行政法规的规定,代表国家对国家出资企业履行出资人职责的有()。
人的头脑不是一间装知识的仓库,而是一座生产知识的工厂。从哲学上看。这一说法强调了()。
TheCultureDebateintheUS:WhoseCultureIsThis,Anyway?美国的文化辩论:空间是谁的文化?Partofthedebateaboutcultur
A、Runningisthebestwayforpeople’shealth.B、Runningmaykeeppeopleawayfromheartdisease.C、Runningfastandfarmatters
最新回复
(
0
)