【单选题】The first sentence of the next paragraph is 'Unsystematic deregulation has brought the sys- tem to its present ugly pass.' You think the main topic of this paragraph will be:
A.
a description of the faults of the present system.
B.
a description of the positive points of the present system.
C.
a description of the future changes in the system.
D.
a description of the regulations controlling insurance companies.
provided a natural environment for financial innovations, like currency futures and options.
B.
has promoted competition among market participants.
C.
has encouraged developing countries such as Chile, Mexico, and Korea to liberalize by allowing foreigners to directly invest in their financial markets.
【单选题】Government deregulation of the long-distance telephone business has resulted in increased competition among telephone carriers, thus resulting in lower prices for consumers. This process, however, wil...
A.
Technological advances have decreased the cost of providing long-distance telephone service to less than one-half of its cost prior to deregulation.
B.
In a customer survey regarding the electric utility business, another industry that recently went through deregulation, surveyors found that customer dissatisfaction with service was 30 percent higher than prior to deregulation.
C.
Customers have listed poor customer service as their number one reason for switching from one long-distance telephone service provider to another.
D.
Some companies have decreased the cost of customer service by installing automated telephone response systems that eliminate the need for expensive live employees.
E.
The greatest competition for long-distance telephone service providers will come not from traditional telephone companies, but from cellular telephone service providers.