Their operating margins average 7.8%, compared with 9.2% for big firms, which suggests that the corporate giants are better at coping with the pressures of global competition.

它们的平均利润率为7.8%，而大型企业为9.2%，这表明在面临全球竞争压力时大型公司表现还是比较好的。

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Conventional wisdom has it that America's economy is coping much better than Europe's with competition from emerging economies, thanks to its flexible Labour and product markets.

传统的看法是美国，得益于其灵活的劳动力和产品市场，比欧洲国家更适应新兴经济。

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Companies, meanwhile, have been focused on paying down debt, as well as coping with deflation in the domestic economy and competition from cut-price imports.

与此同时，公司除了集中精力偿还债务，还要对付国内经济的紧缩和来自廉价进口商品的竞争威胁。

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Companies, meanwhile, have been focused on paying down debt, as well as coping with deflation in the domestic economy and competition from cut-price imports.

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For such companies, the reward for coping with the risk and the hassle come in large returns and a lack of competition.

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