中央财经大学考博英语阅读真题和其解析.pdf

中国考博辅导首选学校 中央财经大学考博英语阅读真题及其解析 The world is going through the biggest wave of mergers and acquisitions eve witnessed. The process sweeps from hyperactive America toEuropeandreaches theemergingcountrieswithunsurpassed might. Many in these countries are looking at this process and wo ying: “Wont the wave of business concentration turn into an uncontrollable anti-competitive force? Theres no question that the big are getting bigge and more powerful. Multinational corporations accounted fo less than 20% of international trade in 1982. Today the figure is more than 25% and growingrapidly. Internationalaffiliatesaccountfo afast-growing segment of production in economies that open up and welcome foreign investment.InArgentina,fo instance,afte thereformsoftheearly 1990s,multinationals went from 43% to almost 70% of the industrial production of the 200 largest firms. This phenomenon has created seriousconcernsove therole of smalle economicfirms,ofnational businessmen and ove the ultimate stability of the world economy. I believe that the most important forces behind the massive MA wave are the same that underlie the globalization process: falling transportation and communication costs, lowe trade and investment ba iers and enlarged markets that require enlarged operations Geng duo yuan xiao zhen ti ji qi jie xi qing lian xi quan guo mian fei zi xun dian hua: si ling ling liu liu ba liu jiu qi ba ,huo jia zi xun qq:qiqie liuqibawu sanqicapableofmeeting customersdemands. 中国考博辅导首选学校 All these are beneficial, not detrimental, to consumers. As productivity grows, the worlds wealth increases. Examples of benefits o costs of the cu ent concentration wave are scanty. Yet it is hard to imagine that the merge of a few oil firmstodaycouldre-create thesamethreatstocompetitionthatwere feared nearly a century ago in the U.S., when the Standard Oil