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
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
2014-09-27
53
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 merger 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 Com, 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 are 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 competition? And should one country take upon itself the role of "defending competition" on issues that affect many other nations, as in the U. S. vs. Microsoft case?
Toward the new business wave, the writer’s attitude can be said to be______.
选项
A、optimistic
B、objective
C、pessimistic
D、biased
答案
B
解析
作者观点态度题。作者在文章的前几段讲了合并重组的弊处。在最后一段指出对这股合并浪潮必须提高警惕,并指出了一些问题。因此,作者对这股新的经济潮流的态度是比较客观的。所以,B为正确答案。
转载请注明原文地址:https://kaotiyun.com/show/v6Rd777K
本试题收录于:
公共英语四级笔试题库公共英语(PETS)分类
0
公共英语四级笔试
公共英语(PETS)
相关试题推荐
Theotherformsoffolktalesarealsowidespreadthroughouttheworld.Animaltalesfallintotwomajorcategories:those,such
Everyplaceisdifferent.Thatis【21】______makesgeographysointeresting.It【22】______ustonewplaces,todifferentwa
WhatisCanonDigitalPowerShots230camera’ssize?
Allthehumanbeingsspeakacertainkindoflanguageandmore.Buthaveyoueverobservetheprocessofaninfant’sbeginning
WhatisCanonDigitalPowerShotS230camera’ssize?
Althoughtherehadbeenvarioussmallcamerasdeveloped,itwasnotuntilGeorgeEastmanintroducedtheKodakin1888thatthem
TherewasnotanytobaccoinSpainuntil______.
Thereareadvantagesin1997,ifyouwanttolookforthem.Theairiscleaner,andthereseemtobefewercolds.Thecrimerate
Whatisthetargetgroupforthisyear’s"NoTobaccoDay"?
随机试题
铁镍焊缝中,含Mn、Ti、Al等合金元素时,产生气孔的倾向增加。()
最常见的银屑病类型是
外阴癌最常见的症状是
A、调和营卫B、辛开苦降C、和解少阳D、酸甘化阴E、辛甘化阳桂枝汤中桂枝配芍药的作用是
A、温补气血B、健脾益气C、温补肾阳D、滋补肾阴E、润肺止咳十全大补丸的功能是()
对于权责发生制原则,下列说法错误的是()。
防震缝的宽度基于以下何因素确定?()
下列关于抗辩权的说法错误的是( )。
“孟母三迁”反映了()对人的重要影响。
Whatdidthepersondoeveryday?
最新回复
(
0
)