NO.PZ2022122601000029
问题如下：
In reviewing Countries B and C, Bader’s research assistant comments that emerging markets are especially risky owing to issues related to politics, competition, and accounting standards. As an example, Bader and her assistant discuss the risk implications of the following information related to Country B:
- Experiencing declining per capita income
- Expected to continue its persistent current account deficit below 2% of GDP
- Transitioning to International Financial Reporting Standards, with full convergence scheduled to be completed within two years
Based only on the emerging markets discussion, developments in which of the following areas most likely signal increasing risk for Country B’s equity market?
选项：
A.Politics
B. Competitiveness
C.Accounting standards
解释：
Correct Answer: A
Per capita income for Country B has been falling, which is a potential source of political stress.
B is incorrect because the persistent current account deficit has been below 2% of GDP. Persistent current account deficits greater than 4% of GDP probably indicate a lack of competitiveness.
C is incorrect because Country B has been transitioning to International Financial Reporting Standards, with full convergence expected within two years, which is a positive development for better accounting standards.
中文解析：
B国的人均收入一直在下降，这是政治压力的潜在来源。
B是不正确的，因为持续的经常账户赤字一直低于GDP的2%。持续的经常账户赤字超过GDP的4%可能表明缺乏竞争力。
C是不正确的，因为B国已经过渡到国际财务报告准则，预计在两年内完全趋同，这是更好的会计准则的积极发展。
current account=export-import对吧？赤字表示import更多，这个金额占比GDP是指什么含义呢？为啥占比超过4%表示缺乏competitive？