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
19
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.
According to the passage, who may be reasonably afraid of the globalization?
选项
A、Workers in rich countries.
B、Workers in poor countries.
C、Both of them.
D、None of them.
答案
D
解析
文章第一段中说明,“workers in rich countries have little to fear from globalization”和“theyare ever more likely than their rich country counter parts to benefit”,可知穷国和富国的工人都会在全球化中得到很大的好处,因此都不必害怕全球化,D为正确选项。
转载请注明原文地址:https://kaotiyun.com/show/miQd777K
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
ABiologicalClockEverylivingthinghaswhatscientistscallabiologicalclockthatcontrolsbehavior.Thebiologicalcloc
EasyLearningStudentsshouldbejealous.Notonlydobabiesgettodozetheirdaysaway,butthey’vealsomasteredthefineart
Theviewfrommybedroomwindowwasabsolutelyspectacular.
Hewascriticizedbythecommitteeforfailingtoreporttheaccident.
SomeSchoolingonBackpacksAccordingtotheU.S.ConsumerProductSafetyCommission,5,900kidsweretreatedathospitale
Aseedplantedinthesensitiveliningofanoysterbeginsaperpetualcoatingprocessthatformsapearl.
AdaptationofLivingThingsCertainanimalsandplantsdevelopcharacteristicsthathelpthemcopewiththeirenvironmentbe
Jackisadiligentworker.
Hewouldnotgiveupthoughherealizedthatpeoplewouldnotregardhimasalawfulking.
WhatMakesaSoccerPlayerGreat?Soccerisplayedbymillionsofpeopleallovertheworld,buttherehaveonlybeenfewpl
随机试题
风热感冒取大椎、曲池、合谷、外关等穴浅刺疾出以清热解表的针灸治疗原则是
“肾为气之根”主要指
引起急性梗阻性化脓性胆管炎最常见的因素是
在可摘局部义齿支架弯制中,属于无卡环体,环抱稳定作用较差的卡环是A.锻丝下返卡环B.锻丝上返卡环C.长臂卡环D.固定卡环E.连续卡环
下列药物中,善于疏解半表半里之邪又有和解退热之功的是()。
A.鸡血藤B.丹参C.益母草D.桃仁E.莪术治疗血瘀而兼便秘,宜用
教育心理学研究认为,焦虑水平与学习效率之间的关系是______。
《华阳国志》
以经理办公室的名义,按一定的格式和要求,写一份于2012年7月28日公布的通知,包括以下内容:1.时间:8月7日星期四下午2:002.会议地点:公司办公大楼会议厅3.会议内容:讨论能源规划(energyprogram)
Studiesoffriendshipseemtoimplicatemorecomplexfactors.Forexample,onefunctionfriend-shipseemstofulfillis【C1】____
最新回复
(
0
)