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
A. To take in more foreign funds.
B. To invest more abroad.
C. To combine and become bigger.
D. To trade with more countries.
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
A. the greater customers’ demands
B. a surplus supply for the market
C. growing productivity
D. the increase of the world’s wealth
| Japan is going through a complex
national identity crisis. That may be no bad thing, says a new book by an
American researcher. The economy is ceased making progress, but the society is
in motion. Japan is a difficult country to report on and analyze because things
do not change in big, noticeable ways. They change in an increasing process,
generally of small steps but which, over time, can add up to big movements. And
just such a big movement seems to be taking place. Mr. Nathan has been observing Japan since the 1960s. Whereas most people look at economic data or the comings and goings of prime ministers, he is more interested in schools, novels, comic books, and the minds of young entrepreneurs and maverick (持不同意见的) local politicians. In particular, his focus is on whether Japan’s famously cohesive, conformist society may be A. They are always accompanied by a national identity crisis. B. They often happen in large scale but end up in small effect. C. They often take place simply while resulting in huge accumulative consequences. D. They often take place without being analyzed and reported because of their complexity. [单项选择]Passage One
A. Go through a health check. B. Carry little luggage. C. Arrive early for boarding. D. Undergo security checks. [填空题]Where was Jane Tailor going one day？
She was going （）. [单项选择]Passage ThreeA. Its studios and facilities throughout the world.
B. Its radio broadcasts in 39 foreign languages. C. Its receipt of direct financing from the government. D. Its objective news reporting and programs. [单项选择] {{B}}Passage One{{/B}}
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