NO.PZ2016031202000008
问题如下：
Which of the followings does not accurately describe derivatives?
选项：
A.
One of the advantages of futures markets is price discovery.
B.
They have a relatively high degree of leverage.
C.
They have more transaction costs than spot markets.
解释：
C is correct. Derivatives trade at lower costs.
中文解析：
衍生品市场的优势之一是价格发现，A表述正确
衍生品会使用比较高的杠杆，B正确
衍生品的交易成本相对较低，C错
为什么衍生品的交易成本比较低？
