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未未 · 2023年01月28日

该知识点是重点么?

NO.PZ2020012102000003

问题如下:

Jo Akumba’s portfolio is invested in a range of developed markets fixed income securities. She asks her adviser about the possibility of diversifying her investments to include emerging and frontier markets government and corporate fixed income securities. Her adviser makes the following comment regarding risk:

“All emerging and frontier market fixed income securities pose economic, political and legal risk. Economic risks arise from the fact that emerging market countries have poor fiscal discipline, rely on foreign borrowing, have less diverse tax base and significant dependence on specific industries. They are susceptible to capital flight. Their ability to pay is limited. In addition, weak property rights, weak enforcement of contract laws and political instability pose hazard for emerging markets debt investors.”

Discuss the statement made.

选项:

解释:

The statement correctly identifes economic, political and legal risk. The adviser has correctly identifed some of the characteristics typically associated with emerging and frontier markets that may affect their governments’ and corporate borrowers’ ability and willingness to pay bondholders. However, the assertion that all emerging and frontier market fixed income securities pose such risk is incorrect, as many countries classifed as “emerging” are considered to be healthy and prosperous economies.

解析:

这个说法明正确地识别了经济、政治和法律风险。这位顾问正确地识别出了一些通常与新兴市场和前沿市场相关的特征,这些特征可能会影响这些市场的政府和企业借款者向债券持有人支付利息的能力和意愿。然而,他说所有新兴市场和前沿市场的固定收益证券都构成这种风险是不正确的,因为许多被归类为“新兴”的国家,但其实是可以被被认为是健康和繁荣的经济体。

该知识点是重点么?何老师上课书Emerging mkts的知识点不是重点,为何原版书会有写作题,是要背诵么?

1 个答案

源_品职助教 · 2023年01月29日

嗨,爱思考的PZer你好:


和本章其他一些知识点比,发展中国家债务问题这个大的知识点并非重点。

但是这里的并非重点是指考到概率比较小,不是说完全不可能出题。

原本书习题出题基本是要把大的知识点都覆盖到,发展中国家债务也是一个大的知识点。

那么其中风险具体表现形式就是这个大知识点里相对重要些的。所以还是建议记记,有个印象。


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虽然现在很辛苦,但努力过的感觉真的很好,加油!

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NO.PZ2020012102000003问题如下 Jo Akumba’s portfolio is investein a range of velopemarkets fixeincome securities. She asks her aiser about the possibility of versifying her investments to inclu emerging anfrontier markets government ancorporate fixeincome securities. Her aiser makes the following comment regarng risk:“All emerging anfrontier market fixeincome securities pose economipoliticanlegrisk. Economic risks arise from the fathemerging market countries have poor fiscscipline, rely on foreign borrowing, have less verse tbase ansignificant pennon specific instries. They are susceptible to capitflight. Their ability to pis limite In aition, weproperty rights, weenforcement of contralaws anpoliticinstability pose hazarfor emerging markets investors.”scuss the statement ma. The statement correctly intifes economipoliticanlegrisk. The aiser hcorrectly intifesome of the characteristitypically associatewith emerging anfrontier markets thmaffetheir governments’ ancorporate borrowers’ ability anwillingness to pbonolrs. However, the assertion thall emerging anfrontier market fixeincome securities pose surisk is incorrect, many countries classifIe“emerging” are consireto healthy anprosperous economies. 解析这个说法明正确地识别了经济、政治和法律风险。这位顾问正确地识别出了一些通常与新兴市场和前沿市场相关的特征,这些特征可能会影响这些市场的政府和企业借款者向债券持有人支付利息的能力和意愿。然而,他说所有新兴市场和前沿市场的固定收益证券都构成这种风险是不正确的,因为许多被归类为“新兴”的国家,但其实是可以被被认为是健康和繁荣的经济体。 ​请问这类问题属于典型的主观题考法么?如果是的话,回答思路是什么呢?(题目的答案感觉还是略开放的思路,有点摸不到回答思路)谢谢

2023-09-02 19:20 1 · 回答

some countries thlabeleemerging markets min fahealthy anprosperous economies.

2020-09-20 17:35 1 · 回答