NO.PZ2020012102000006
问题如下：
Identify risks faced by investors in emerging market equities over and above those that are faced by fixed income investors in such markets.
选项：
解释：
In addition to the economic, political and legal risks faced by fixed income investors, equity investors in emerging markets face corporate governance risks. Their ownership claims may be expropriated by corporate insiders, dominant shareholders or the government. Interested parties may misuse the companies’ assets. Weak disclosure and accounting standards may result in limited transparency that favors insiders. Weak checks and balances on governmental actions may bring about regulatory uncertainty, seizure of property or nationalization.
解析：
除了固定收益投资者面临的经济、政治和法律风险外，新兴市场的股票投资者还面临公司治理风险。他们的所有权主张可能被公司内部人士、主要股东或政府没收。利益相关方可能滥用公司资产。薄弱的披露和会计标准可能会导致有利于内部人士的有限透明度。对过度行为的无力制衡可能导致监管的不确定性、财产的扣押或国有化。
何老师在视频里说，这块应该只会考客观题（选择题），突然做题做出来一道主观题，请问这块知识点需要背诵下来吗？会考主观题不？
