NO.PZ2020033003000044
问题如下：
Regarding counterparty credit risk, which of the following descriptions is not correct?
选项：
A.Since the value of the contract can be positive or negative, counterparty risk is typically bilateral.
B.
Counterparty risk can be reduced by netting.
C.For lending risk, the counterparty risk is unilateral.
D.
Exchange-traded derivatives have significantly more counterparty risk than OTC derivatives.
解释：
D is correct.
考点：Counterparty Risk
解析：交易所交易的衍生品对手方风险很小，而OTC的衍生品缺乏监管，对手方风险比交易所交易的产品更高。
c选项怎么翻译啊。c的意思不是说对于lending risk 来说，counterparty risk 是单边的吗。实际上counterparty risk是双边的。
