为何不考虑C国热钱涌入？

NO.PZ202105270100000505问题如下Baseon Bar’s expectations for current account secultren shown in Exhibit 1, Bar shoulreallocate capital, all else being equal, from:A.Country A to Country C.B.Country B to Country A.C.Country C to Country A. A is correct. Bar shoulreallocate capitfrom Country whiis expecteto have a secularly rising current account ficit, to Country whiis expecteto have a secularly rising current account surplus. A rising current account ficit will tento put upwarpressure on rerequirereturns anwnwarpressure on asset prices, wherea rising current account surplus (or narrowing ficit) will put wnwarpressure on rerequirereturns anupwarpressure on asset prices. Analysts shoulconsir reallocation of portfolio assets from countries with secularly rising current account ficits to those with secularly rising current account surpluses (or narrowing ficits).巴德尔应该将资本从A国(预计经常账户赤字将长期上升)重新配置到C国(预计经常账户盈余将长期上升)。不断上升的经常账户赤字往往会给实际所需回报带来上行压力，给资产价格带来下行压力，而不断上升的经常账户盈余(或赤字缩小)则会给实际所需回报带来下行压力，给资产价格带来上行压力。分析师应考虑将投资组合资产从经常账户赤字长期上升的国家重新配置到经常账户盈余长期上升(或赤字不断缩小)的国家。 国别三的这个热钱涌入因素不用考虑吗

NO.PZ202105270100000505问题如下Baseon Bar’s expectations for current account secultren shown in Exhibit 1, Bar shoulreallocate capital, all else being equal, from:A.Country A to Country C.B.Country B to Country A.C.Country C to Country A. A is correct. Bar shoulreallocate capitfrom Country whiis expecteto have a secularly rising current account ficit, to Country whiis expecteto have a secularly rising current account surplus. A rising current account ficit will tento put upwarpressure on rerequirereturns anwnwarpressure on asset prices, wherea rising current account surplus (or narrowing ficit) will put wnwarpressure on rerequirereturns anupwarpressure on asset prices. Analysts shoulconsir reallocation of portfolio assets from countries with secularly rising current account ficits to those with secularly rising current account surpluses (or narrowing ficits).巴德尔应该将资本从A国(预计经常账户赤字将长期上升)重新配置到C国(预计经常账户盈余将长期上升)。不断上升的经常账户赤字往往会给实际所需回报带来上行压力，给资产价格带来下行压力，而不断上升的经常账户盈余(或赤字缩小)则会给实际所需回报带来下行压力，给资产价格带来上行压力。分析师应考虑将投资组合资产从经常账户赤字长期上升的国家重新配置到经常账户盈余长期上升(或赤字不断缩小)的国家。 收支平衡角度，一国经常账户赤字，资本账户盈余。资本应流入，谢谢

NO.PZ202105270100000505问题如下Baseon Bar’s expectations for current account secultren shown in Exhibit 1, Bar shoulreallocate capital, all else being equal, from:A.Country A to Country C.B.Country B to Country A.C.Country C to Country A. A is correct. Bar shoulreallocate capitfrom Country whiis expecteto have a secularly rising current account ficit, to Country whiis expecteto have a secularly rising current account surplus. A rising current account ficit will tento put upwarpressure on rerequirereturns anwnwarpressure on asset prices, wherea rising current account surplus (or narrowing ficit) will put wnwarpressure on rerequirereturns anupwarpressure on asset prices. Analysts shoulconsir reallocation of portfolio assets from countries with secularly rising current account ficits to those with secularly rising current account surpluses (or narrowing ficits).巴德尔应该将资本从A国(预计经常账户赤字将长期上升)重新配置到C国(预计经常账户盈余将长期上升)。不断上升的经常账户赤字往往会给实际所需回报带来上行压力，给资产价格带来下行压力，而不断上升的经常账户盈余(或赤字缩小)则会给实际所需回报带来下行压力，给资产价格带来上行压力。分析师应考虑将投资组合资产从经常账户赤字长期上升的国家重新配置到经常账户盈余长期上升(或赤字不断缩小)的国家。 热钱流入是理解为有利因素吗

NO.PZ202105270100000505 问题如下 Baseon Bar’s expectations for current account secultren shown in Exhibit 1, Bar shoulreallocate capital, all else being equal, from: A.Country A to Country B.Country B to Country C.Country C to Country A is correct. Bar shoulreallocate capitfrom Country whiis expecteto have a secularly rising current account ficit, to Country whiis expecteto have a secularly rising current account surplus. A rising current account ficit will tento put upwarpressure on rerequirereturns anwnwarpressure on asset prices, wherea rising current account surplus (or narrowing ficit) will put wnwarpressure on rerequirereturns anupwarpressure on asset prices. Analysts shoulconsir reallocation of portfolio assets from countries with secularly rising current account ficits to those with secularly rising current account surpluses (or narrowing ficits).巴德尔应该将资本从A国(预计经常账户赤字将长期上升)重新配置到C国(预计经常账户盈余将长期上升)。不断上升的经常账户赤字往往会给实际所需回报带来上行压力，给资产价格带来下行压力，而不断上升的经常账户盈余(或赤字缩小)则会给实际所需回报带来下行压力，给资产价格带来上行压力。分析师应考虑将投资组合资产从经常账户赤字长期上升的国家重新配置到经常账户盈余长期上升(或赤字不断缩小)的国家。 资本性账户又受什么影响？老师可以简单说下吗？或者指路一下这个题的相关知识点讲解视频，谢谢！

NO.PZ202105270100000505 问题如下 Baseon Bar’s expectations for current account secultren shown in Exhibit 1, Bar shoulreallocate capital, all else being equal, from: A.Country A to Country B.Country B to Country C.Country C to Country A is correct. Bar shoulreallocate capitfrom Country whiis expecteto have a secularly rising current account ficit, to Country whiis expecteto have a secularly rising current account surplus. A rising current account ficit will tento put upwarpressure on rerequirereturns anwnwarpressure on asset prices, wherea rising current account surplus (or narrowing ficit) will put wnwarpressure on rerequirereturns anupwarpressure on asset prices. Analysts shoulconsir reallocation of portfolio assets from countries with secularly rising current account ficits to those with secularly rising current account surpluses (or narrowing ficits).巴德尔应该将资本从A国(预计经常账户赤字将长期上升)重新配置到C国(预计经常账户盈余将长期上升)。不断上升的经常账户赤字往往会给实际所需回报带来上行压力，给资产价格带来下行压力，而不断上升的经常账户盈余(或赤字缩小)则会给实际所需回报带来下行压力，给资产价格带来上行压力。分析师应考虑将投资组合资产从经常账户赤字长期上升的国家重新配置到经常账户盈余长期上升(或赤字不断缩小)的国家。 A国进口多，本国对美元需求大，美元升值，A币贬值；C国出口多，赚美元多，本国美元供应量大，美元贬值，C币升值。因此应该从A国转移配置到C国。