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 th
World Trade Organization Director-general Renato Ruggiero predicted that the WTO would boost global incomes by $1 trillion in th
admin
2013-01-20
53
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 telecmmunication 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 bas 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
第二段在谈到美国和英国are ahead of the pack后又提出泰国作对比,指出泰国 won’t be fully open until 2006,由此可判断ahead of the pack指的是市场更加开放,选项B正确。
转载请注明原文地址:https://kaotiyun.com/show/e52O777K
0
考博英语
相关试题推荐
Generally,acomputerisanydevicethatcanperformnumericalcalculations.Currently,【1】,thetermusuallyrefers【2】anelectr
Ifitwereonlynecessarytodecidewhethertoteachelementarysciencetoeverycneonamassbasisortofindthegiftedfewa
Therearethreeseparatesourcesofhazard【1】totheuseofnuclearreactiontosupplyuswithenergy.Firstly,theradioactivem
Duringaninternationalcrisis,many______messageswillgenerallyemanatefromthepresident’soffice.
I’vetoldyou______thatyoucannotgooutandplayuntilyou’vefinishedyourhomework.
AproposedRussianbanonEuropeanUnionmeatexportscouldjeopardizeRussia’saspirationstojointheWorldTradeOrganization
Long-termexposuretomassmediaportrayalsofviolencemightmaketheaudienceinsensitiveor______torealactsofviolence.
Restrictionsontheuseofplasticbagshavenotbeensosuccessfulinsomeregions."Whitepollution"isstillgoingon.Write
Violinprodigies(神童),Ilearned,havecomeindistinctwavesfromdistinctregions.Mostofthegreatperformersifthelate19
Thebusinessofadvertisingistoinventmethodsofaddressingmassiveaudiencesinalanguagedesignedtobeeasilyaccessible
随机试题
portalarea
寿眉和贡眉的主要区别是原料老嫩和等级的区别
金属材料充填体对牙髓造成的刺激作用主要是材料的
哪些碱基对会出现在DNA中
根据宪法和法律,下列机关中有权处理县与县之间行政区域边界争端的是:()
下列会计事项中,应计入其他业务成本的有()。
企业对应付的银行承兑汇票,如果到期不能付款,在会计处理上应转作()。
政府在对公共物品制定价格进行管理时,应遵循的原则有()。
WhatIsAnthrax?There’sbeenalotoftalkaboutanthraxonthenewslately.Somepeoplearewordedthatanthraxmaybeconn
A、Shehastopostaletterinstead.B、Shehastoturndowntheman’srequest.C、She’snotsureifthecomputerisfixed.D、Shec
最新回复
(
0
)