题目
Compared with developed markets bonds, emerging markets bonds most likely:
选项
A.offer lower yields.
B.exhibit higher risk.
C.benefit from lower growth prospects.
答案
B
解析
: B is correct. Many emerging countries lag developed countries in the areas of political stability, property rights, and contract enforcement. Consequently, emerging market bonds usually exhibit higher risk than developed markets bonds. A is incorrect because emerging markets bonds typically offer higher (not lower) yields than developed markets bonds to compensate investors for the higher risk. C is incorrect because emerging markets bonds usually benefit from higher (not lower) growth prospects than developed markets bonds. : B是正确的。许多新兴国家在政治稳定、产权和合同执行方面落后于发达国家。因此,新兴市场债券通常表现出比发达市场债券更高的风险。A是不正确的,因为新兴市场债券通常提供比发达市场债券更高(而不是更低)的收益率,以补偿投资者更高的风险。C是不正确的,因为新兴市场债券通常比发达市场债券受益于更高(而不是更低)的增长前景。