江西财经大学考博英语阅读题及其精解.pdf

中国考博辅导首选学校 江西财经大学考博英语阅读题及其精解 The world is going through the biggest wave of mergers and acquisitions ever witnessed. The process sweeps from hyperactive America toEuropeandreaches theemergingcountrieswithunsurpassed might. Many in these countries are looking at this process and Geng duo yuan xiao wan zheng kao bo ying yu zhen ti ji qi jie xi qing lian xi quan guo mian fei zi xun dian hua: si ling ling liu liuba liu jiu qi ba ,huo jia zi xun qq: qi qi er liuqi ba wu san qiworrying: Wont the wave of business concentration turn into an uncontro able anti-competitive force? Theres no question that the big are getting bigger and more powerful. Multinationa corporations accounted for less than 20% of internationa trade in 1982. Today the figure is more than 25% and growingrapidly. Internationa affiliatesaccountforafast-growing segment of production in economies that open up and welcome foreign investment.InArgentina,forinstance,afterthereformsoftheearly 1990s,multinationals went from 43% to almost 70% of the industria production of the 200 largest firms. This phenomenon has created seriousconcernsover therole of sma ereconomicfirms,ofnationa businessmen and over the ultimate stability of the world economy. Ibelieve that themost importantforcesbehind themassive MA wave are the same that underlie the globalization process: fa ing transportation and communication costs, lower trade and investment barriers and enlarged markets that require enlarged operations capable ofmeeting customers demands.A these arebeneficial, not 中国考博辅导首选学校 detrimental, toconsumers.As productivity grows, theworlds wealth increases. Examples ofbenefits or costs of the current concentrationwave are scanty. Yet it is hard to imagine that the merger of a few oi firmstodaycouldre-create thesamethreatstocompetitionthatwere feared nearly a century ago in