NO.PZ202105270100000407
问题如下：
Based only on Exhibit #3, the foundation would most likely consider buying bonds issued by:
选项：
A.only Emerging Republic A. B.only Emerging Republic B. C.neither Emerging Republic A nor Emerging Republic B.解释：
C is correct.
Emerging market debt requires an analysis of economic and political/legal risks. Based on the macroeconomic factors, the risk of a bond investment in either Republic A or Republic B appears to be high. Thresholds such as the risk guidelines listed in the table below can be used to assess the attractiveness of the two emerging market (EM) opportunities in Republic A and Republic B. Most notably, both republics raise concern based solely on their fiscal deficit-to- GDP ratios greater than 4.00% (Republic A’s is 6.50% and Republic B’s is 8.20%).
Analysis of the economic and political risks associated with the two EM opportunities is suggestive of the need for further scrutiny; therefore, the foundation should not invest in Emerging Republic A or Emerging Republic B based only on the information provided.
新兴市场债务需要对经济和政治/法律风险进行分析。根据宏观经济因素，在A共和国或B共和国进行债券投资的风险似乎都很高。比如下表中列出的风险准则可以用来评估这两个新兴市场的吸引力机和机会。最值得注意的是,这两个国家提高关注是基于他们的财政赤字与国内生产总值(GDP)比率大于4.00%(共和国A是6.50%和共和国B是8.20%)。
对与这两个新兴市场机遇相关的经济和政治风险的分析表明，有必要进行进一步审查。因此，基金会不应仅仅根据提供的信息对新兴国家A或新兴国家B进行投资。
请问这个参考数据需要背吗？考试会不会要求。谢谢
