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
• Read this text about FDI. • Choose the best sentence from the sentences that follow to fill each of the gaps. • For each gap 9
• Read this text about FDI. • Choose the best sentence from the sentences that follow to fill each of the gaps. • For each gap 9
admin
2010-01-28
60
问题
• Read this text about FDI.
• Choose the best sentence from the sentences that follow to fill each of the gaps.
• For each gap 9-14, mark one letter (A-H) on your Answer Sheet.
• Do not use any letter more than once.
Advantages of FDI
Companies invest directly only if they think that they hold some supremacy over similar companies in countries of interest. The advantage results from a foreign company’s ownership of some resources--patents, product differentiation, management skills, access to markets--unavailable at the same price or terms to the local company. This is known as monopoly advantages before direct investment. The cost of transferring resources abroad is increasing and there is perceived greater risk of operating in a foreign country. (9) . Companies from certain countries may enjoy a monopoly advantage if they borrow capital at a lower interest rate than companies from other countries. In recent years, capital markets have become international, so it is possible for companies to borrow abroad more easily if interest rates are lower there.
(10) . Currency values, however, do not provide a strong explanation for FDI patterns. The currency-strength scenario only partially explains direct investment flows. More internationally oriented companies can get advantage from spreading out some of the costs of product differentiation, R & D, and advertising compared to less internationally oriented companies. Among industry groups and groups of companies of similar size that spent comparable amounts on advertising and R & D, the more internationally oriented companies in almost every case earned more than the others.
(11) Besides, with inflow of equipment, the skills of local worker can be improved. New management can also be introduced to the local companies to improve the administration of the enterprises of the local management.
From the perspective of a nation, FDI may bring some benefits. FDI can make a positive contribution to a host economy by supplying capital, technology, and management resources that would otherwise not be available. The provision of these skills by an MNE (through FDI) may boost that country’s economic growth rate. (12) . Technology is a catalyst that can stimulate a country’s economic growth and industrialization. Technology can take two forms, both of which are valuable. It can be incorporated in a production process (e. g., the technology for discovering, extracting, and refining oil). However, many countries lack the research and development resources and skills required to develop their local product and processing technology. (13) . Such countries need rely on advanced industrialized nations for much of the technology required to stimulate economic growth, and FDI can provide it.
Foreign management skills provided through FDI may also produce important benefits for the host countries. Beneficial spinoff effects arise when local personnel who are trained to occupy managerial, financial, and technical posts in the subsidiaries of a foreign MNE subsequently leave the firm and help to establish local firms. (14) .
A. Besides, new advanced technology can be introduced to the host country.
B. On the other hand, local companies can enjoy the advanced technology which they lack.
C. Therefore, a company will not undertake FDI if it does not see a higher return than it can get at home country and if it does not think it can outperform local firms.
D. FDI is especially important to developing countries.
E. This is particularly true of the less developed countries (LDCs).
F. Likewise, benefits may arise if the superior management skills of a foreign MNE stimulate local suppliers, distributors, and competitors to improve their own management skills.
G. Another advantage is when the foreign company’s currency has high buying power.
选项
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/uSKd777K
本试题收录于:
BEC高级阅读题库BEC商务英语分类
0
BEC高级阅读
BEC商务英语
相关试题推荐
Lookatthegraphic.Whichcellphoneplanwillthemanmostlikelychoose?
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Marketing:theimportancetoacompanyofresearchingconsumertastesandtrends
HowtoapproachListeningTestPartTwo•InthispartoftheListeningTestyoulistentofiveshortmonologues,spokenbyfive
•YouwillhearabusinesspresentationaboutHigh-ImpactViralMarketingStrategies.•Asyoulisten,forquestions1—12,complet
HowtoapproachListeningTestPartThree•InthispartoftheListeningTestyoulistentoalongconversationorinterviewan
随机试题
视网膜中感光最敏锐的部位是()
称为“急症手册”的方书是()
根据有关规定,可能造成轻度环境影响的公路建设项目,应当编制(),对产生的环境影响进行分析或者专项分析。
账务处理系统中,会计科目有余额或发生额时,不能()。
()的存款通常不够稳定,会对商业银行的流动性造成较大影响。
下列不属于通报适用范围的是()。
为防止在校学生醉酒、酗酒。某高校出台“禁酒令”,禁止大学生聚餐、聚会时饮酒,规定学生聚餐前要填写书面申请,并在聚餐时辅导员必须全程在场。对此,有人表示赞同,但是有人认为学校管得太严。你怎么看?
政治选举:是指国家或其他政治组织依照法定的程序和规则,由全部或部分成员抉择一个或少数人充任该组织某种政治职务或者公共职务的政治行为。选举活动除了投票行为外,还包括政治捐助、组织选民、政治宣传及其他影响选举过程或结果的活动。根据上述定义,下列有关政洽选举的说
执行命令MyForm=CreateObject("Form")可以建立一个表单,为了让该表单在屏幕上显示,应该执行命令()。
(1)ScarlettrecalledbitterlyherconversationwithGrandmaFontaine.Onthatafternoontwomonthsago,whichnowseemedyears
最新回复
(
0
)