题目内容
（请给出正确答案）
简答题官方参考答案
（由简答题聘请的专业题库老师提供的解答）
抱歉！暂无答案，正在努力更新中……
更多“Long-term investments in debt securities not classified as trading or held-to-maturity securities ar…”相关的问题
Part A
Directions: Read the following four texts. Answer the questions below each text by choosing A, B, C or D . Mark your answers on ANSWER SHEET 1.
In a breath-taking turn of events, Asia's economies have gone from miracle to meltdown in a matter of weeks. Many forecasters who recently predicted GDP growth of 6% in South Korea and southeast Asia for 1998 are suddenly projecting zero or even negative growth. In tine often short-sighted world of international finance, a new conventional wisdom is quickly forming: that inept policy-making is dragging down Asian economies, and that only the tough austerity medicine of the International Monetary Fund, plus a good stiff recession, will bring the region's economies back to track.
In recent years, foreign and domestic investors in East Asia got a touch of what U.S. Federal Reserve Chairman Alan Greenspan has famously termed irrational exuberance. Spurred by years of high economic growth in Asia, these investors poured billions of dollars of loans into the region, financing many worthwhile investments but also an unsustainable real estate boom.
This over-investment need not have caused a crisis. A healthy reaction would involve a gradual cutback in foreign lending, a gradual weakening of Asia's overvalued currencies and gradual shift of investments from over-inflated property sectors back to longterm export-oriented projects. Most short-term booms are brought down to earth without extreme crisis, and such an adjustment was the most likely scenario until the summer in 1997.
In the event, Asia experienced a financial meltdown. A gradual withdrawal of funds from Thailand suddenly became a stampede. Thailand's government dallied in responding to the overheating long after it had become apparent, and as a result squandered Thailand's foreign exchange reserves in a misguided attempt to defend the overvalued bat. The stampede came when foreign creditors realized that Thailand had more short-term foreign debts than the remaining short-term foreign reserves. A "rational" panic began. Each investor started to dump assets simply to get out of Thailand ahead of other investors. The chain reaction of nervous withdrawals led to a meltdown that now includes most of East Asia.
Confidence has been so drained that Asia's positive "fundamentals"--historically high rates of growth, savings and exports--are being overlooked. Economies rely on confidence, and what they most need to fear is, indeed, fear itself.
What is the most appropriate title for this passage？
A．The Nervous Action of Market Economy
B．A Vicious Circle Is at Work
C．The Asian Miracle Takes Some Flits
D．The Prophesies of Financial Doom
One of the reasons why the longterm trend of prices has been downwards is that ______.
A．technological innovation can promote social stability
B．political instability will cause consumption to drop
C．new farming and crop technology can lead to overproduction
D．new sources are always becoming available
China's Housing Bubble Trouble
Is there a property bubble emerging in China？As ever,getting an answer is like nailingjelly to a wall.Property prices across 70 large and medium-sized cities rose 3.9%on year inOctober.Still,a recent World Bank report suggests that income growth in China is keepingup with price rises.And fundamental demand for improved housing should provide longterm support for Chinese house prices.
A、Cash, short-term investments, and inventory.
B、Cash, short-term investments, and current receivables.
C、Cash, inventory, and current receivables.
D、Accounts receivable, inventory, and prepaid expenses.
警告：系统检测到您的账号存在安全风险
为了保护您的账号安全，请在“简答题”公众号进行验证，点击“官网服务”-“账号验证”后输入验证码“”完成验证，验证成功后方可继续查看答案！
