这题又是什么意思？考得哪个知识点了

NO.PZ202212260100003903问题如下 (3) ring aconversation about Exhibit 1, Bar anher researassistant scuss thecomposition of eacountry’s currenportfolio anthe potentifortriggering a crisis. Bar notes thsome flows anholngs are more or lesssupportive of the currency, stating thinvestments in private equity make upthe majority of Country A’s currenportfolio, investments in public equitymake up the majority of Country B’s currenportfolio, aninvestments inpublic make up the majority of Country C’s currenportfolio.Baseon thecomposition of eacountry’s currenportfolio, whicountry is mostvulnerable to a potenticrisis? A.Country AB.Country BC.Country CorreAnswer: C Public makesup the majority of Country C’s currenportfolio, whiis the leastsupportive flow (or holng) to a currency. Public is less supportivebecause it hto serviceanmust either repaior refinancepotentially triggering a crisis. Some types of flows anholngs areconsireto more or less supportive of the currency. Investments in privateequity represent long-term capitcommitteto the market anare mostsupportive of the currency. Public equity woullikely consirethe nextmost supportive of the currency. investments are the least supportive ofthe currency.中文解析 公共债务是C国货币投资组合的大头，这对于货币的流动性是不利的。因为公共债务必须得到偿还或是再融资，所以可能引发危机。某些类型的资金流动和持有被认为或多或少支对货币有支持作用。对私人股本的投资代表了对市场的长期投资，它是最能支持货币的。而公共股本则被视为另一个能支货币的工具。债务投资则是对货币的支撑作用最小。 这道题为什么不用考虑A三个国家现在的经济状况，即表格里的信息？题目中专门提到了currenportfolio 是来自不同国家，这样解答感觉没有用到来自不同国家这个信息？另外，请问currenportfolio 最supportive的资产是private equity 吗？如果有government bt是否会比private equity 更supportive?

NO.PZ202212260100003903 问题如下 (3) ring aconversation about Exhibit 1, Bar anher researassistant scuss thecomposition of eacountry’s currenportfolio anthe potentifortriggering a crisis. Bar notes thsome flows anholngs are more or lesssupportive of the currency, stating thinvestments in private equity make upthe majority of Country A’s currenportfolio, investments in public equitymake up the majority of Country B’s currenportfolio, aninvestments inpublic make up the majority of Country C’s currenportfolio.Baseon thecomposition of eacountry’s currenportfolio, whicountry is mostvulnerable to a potenticrisis? A.Country B.Country C.Country CorreAnswer: C Public makesup the majority of Country C’s currenportfolio, whiis the leastsupportive flow (or holng) to a currency. Public is less supportivebecause it hto serviceanmust either repaior refinancepotentially triggering a crisis. Some types of flows anholngs areconsireto more or less supportive of the currency. Investments in privateequity represent long-term capitcommitteto the market anare mostsupportive of the currency. Public equity woullikely consirethe nextmost supportive of the currency. investments are the least supportive ofthe currency.中文解析 公共债务是C国货币投资组合的大头，这对于货币的流动性是不利的。因为公共债务必须得到偿还或是再融资，所以可能引发危机。某些类型的资金流动和持有被认为或多或少支对货币有支持作用。对私人股本的投资代表了对市场的长期投资，它是最能支持货币的。而公共股本则被视为另一个能支货币的工具。债务投资则是对货币的支撑作用最小。 为什么一个国家的currenportfolio大部分由债券组成会比较脆弱，债券的波动性要比equity与PE小得多啊

NO.PZ202212260100003903问题如下 Bar shifts her focus to currenexpectations relative to clients’base currenansummarizes her assumptions in Exhibit 1. (3) ring aconversation about Exhibit 1, Bar anher researassistant scuss thecomposition of eacountry’s currenportfolio anthe potentifortriggering a crisis. Bar notes thsome flows anholngs are more or lesssupportive of the currency, stating thinvestments in private equity make upthe majority of Country A’s currenportfolio, investments in public equitymake up the majority of Country B’s currenportfolio, aninvestments inpublic make up the majority of Country C’s currenportfolio.Baseon thecomposition of eacountry’s currenportfolio, whicountry is mostvulnerable to a potenticrisis? A.Country AB.Country BC.Country CorreAnswer: C Public makesup the majority of Country C’s currenportfolio, whiis the leastsupportive flow (or holng) to a currency. Public is less supportivebecause it hto serviceanmust either repaior refinancepotentially triggering a crisis. Some types of flows anholngs areconsireto more or less supportive of the currency. Investments in privateequity represent long-term capitcommitteto the market anare mostsupportive of the currency. Public equity woullikely consirethe nextmost supportive of the currency. investments are the least supportive ofthe currency.中文解析 公共债务是C国货币投资组合的大头，这对于货币的流动性是不利的。因为公共债务必须得到偿还或是再融资，所以可能引发危机。某些类型的资金流动和持有被认为或多或少支对货币有支持作用。对私人股本的投资代表了对市场的长期投资，它是最能支持货币的。而公共股本则被视为另一个能支货币的工具。债务投资则是对货币的支撑作用最小。 这道题和表1的信息没关系吧？题目说的货币组合，怎么看出来是说投资这个国家的组合？题目理解偏了

NO.PZ202212260100003903问题如下 (3) ring aconversation about Exhibit 1, Bar anher researassistant scuss thecomposition of eacountry’s currenportfolio anthe potentifortriggering a crisis. Bar notes thsome flows anholngs are more or lesssupportive of the currency, stating thinvestments in private equity make upthe majority of Country A’s currenportfolio, investments in public equitymake up the majority of Country B’s currenportfolio, aninvestments inpublic make up the majority of Country C’s currenportfolio.Baseon thecomposition of eacountry’s currenportfolio, whicountry is mostvulnerable to a potenticrisis? A.Country AB.Country BC.Country CorreAnswer: C Public makesup the majority of Country C’s currenportfolio, whiis the leastsupportive flow (or holng) to a currency. Public is less supportivebecause it hto serviceanmust either repaior refinancepotentially triggering a crisis. Some types of flows anholngs areconsireto more or less supportive of the currency. Investments in privateequity represent long-term capitcommitteto the market anare mostsupportive of the currency. Public equity woullikely consirethe nextmost supportive of the currency. investments are the least supportive ofthe currency.中文解析 公共债务是C国货币投资组合的大头，这对于货币的流动性是不利的。因为公共债务必须得到偿还或是再融资，所以可能引发危机。某些类型的资金流动和持有被认为或多或少支对货币有支持作用。对私人股本的投资代表了对市场的长期投资，它是最能支持货币的。而公共股本则被视为另一个能支货币的工具。债务投资则是对货币的支撑作用最小。 国家投资私人股本和公共股本实务如何操作，设立国家基金去买股票，一级市场投资？投资债务是如投资者一样去市场上认购债券？不太理解为啥资产的风险角度从投资者到国家后就不一样了，私人股本流动性最差，破产可能性高，而且A国经济指标也不好，为啥反而选C债务违约？