题目内容
（请给出正确答案）
But for the funds we collected for her, she ______.
A．did not succeed
B．would not succeed
C．would not have succeeded
D．had not succeeded
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更多“But for the funds we collected…”相关的问题
A few decades ago, the world banking community invented new Electronic Funds Transfer (EFT) systems to move money more efficiently across countries and around the globe. The【1】benefit of such systems was to【2】the float of capital that was unavailable for use【3】 checks were being cleared through banking【4】Today, we understand that the benefits of electronic banking are far more【5】than just reducing floating cash. The entire world of banking【6】revolutionized. It is【7】more efficient and faster, but also more global. And now【8】the Internet, EFT systems are increasingly【9】with the new world of e-commerce and e-trade.
【10】1997 and 2003, EFT value【11】from less than $50 trillion to nearly $400 trillion, more than the【12】economic product of all the countries and territories of the entire world. These statistics【13】should emphasize the true importance of transnational EFT. Satellite, wireless, and cable-based electronic fund transfers【14】the hub of global enterprise. Such electronic cash is【15】central to the idea of an emerging "worldwide mind". Without the satellite and fiber infrastructure to support the flow of electronic funds, the world economy would grind to a halt.
(1)
A．hiding
B．getting
C．driving
D．giving
【C1】
A．Moreover
B．However
C．Therefore
D．Otherwise
Large companies need a way to reach the savings of the public at large. The (1)_____ problem, or a small scale, faces (2)_____ every company trying to develop new products and create new jobs. There can be little prospect of (3)_____ the sums needed from friends and people we know. And (4)_____ banks may agree to provide short-term finance. They are generally unwilling to provide money on a (5)_____ basis for long-term (6)_____. So companies (7)_____ the public, inviting people to lend them money, or take a share in future profits. This they do by (8)_____ stocks and shares of their business in a stock (9)_____. By doing so they can (10)_____ and use the savings of individuals and institutions, both at home and overseas, when the inventor needs his money back, he does not have to go the company with whom he (11)_____ placed it. (12)_____, he sells his shares through a (13)_____ to some other person who is seeking to invest his money, many of the services needed (14)_____ by industry and by each of us are provided by the government or by local (15)_____ Without hospitals, roads, electricity, telephones, railways, etc, this country could not (16)_____. All these require continuous spending on new equipment and new development if they are to serve us properly, requiring more money that is raised through taxes alone. The government, local authorities, and nationalized industries (17)_____ frequently need to borrow money to (18)_____ major capital spending, and they, too, come to a stock exchange.
There is hardly a man or woman in this country (19)_____ job and standard of living does not depend on the ability of his or her employers to raise money to finance new development. In one way or another this new money must come from the investment funds of the country. Stock exchanges exist to provide a (20)_____ through which these funds can reach those who need financing.
A．identical
B．equivalent
C．alike
D．same
Those private citizens who sent packages to our troops occupying Germany after World War II and marked them GIFT to escape duty payments did not bother to find out that "Gift" means poison in German. Moreover, we like to think of ourselves as friendly, yet we prefer to be at least 3 feet or an arm's length away form. others. Latins and Middle Easterners like to come closer and touch, which makes Americans uncomfortable.
Our linguistic and cultural blindness and the casualness with which we take notice of the developed tastes, gestures, customs and languages of other countries, are losing us friends, business and respect in the world.
Even here in the United States, we make few concessions to the needs of foreign visitors. There are no information signs in four languages on our public buildings or monuments; we do not have multilingual guided tours. Very few restaurant menus have translations, and multilingual waiters, bank clerks and policemen are rare. Our transportation systems have maps in English only and often we ourselves have difficulty understanding them.
When we go abroad, we tend to cluster in hotels and restaurants where English is spoken. The attitudes and information we pickup are conditioned by those natives—usually the richer—who speak English. Our business dealings, as well as the nation's diplomacy, are conducted through interpreters.
For many years, America and Americans could get by with cultural blindness and linguistic ignorance. After all, America was the most powerful country of the free world, the distributor of needed funds and goods.
But all that is past. American dollars no longer buy all good things, and we are slowly beginning to realize that our proper role in the world is changing. A 1979 Harris poll reported that 55 percent of Americans want this country to play a more significant role in world affairs; we want to have a hand in the important decisions of the next century, even though it may not always be the upper hand.
It can be inferred that Americans being approached too closely by Middle Easterners would most probably ______.
A．stand still
B．jump aside
C．step forward
D．draw back
Napoleon once called the British " a nation of shopkeepers" . That was intended as an insult , but had he called us a nation of traders it could not have been disputed. In Britain we buy and sell more per head of population than the people of any other country. Our island is too small to grow enough food for our people and so we need to eam enough from our exports to sustain our population.
One complication of export trade is that each country has its own independent currency system; and another is that many countries impose custom duties or other restrictions on imports.
The would-be exporter is faced with a number of problems. First there is the need to find a customer for his goods. The actual operation of selling is made more difficult because of language barriers and cultural differences. There are also additional transport problems because of the greater distances involved and often unfamiliar territories. When the manufacturer turns from selling at home to selling overseas, his problems are magnified. This is particularly true in terms of finance.
The first financial problem facing the exporter is the time taken to deliver his goods. There could be a long delay while his merchandise is in transit between London and, say, Karachi. He has incurred the costs of production, but when is he going to be paid？ The second problem is even more serious. How sure can he be that he is going to be paid at all？ And even when he receives payment his troubles may not be over. If he is paid for his goods in other currency other than sterling, and what if the other currency has fallen in value since the contract is made？ These are the perennial problems for the exporter.
Fortunately for our exporters and for our economy generally, help is available both from the government and the banks. From the government side, the Export Credits Guarantee Department offers British exporters, in return for a fee, insurance against bad debts incurred as a result of sales to foreign buyers. The Export Intelligence Department also helps by providing them with useful advice and information. The most straightforward method of financing the operations for the exporter is to borrow the necessary funds from his bank. This way he can ship his goods abroad and draw on his bank for the funds needed to carry on production while he is awaiting the proceeds. But of course the borrowings from the bank will lower his p rofit margins.
Another method of financing international trade is by documentary credit. A document known as a bill of exchange is drawn by the importer in favor of the exporter and, although the bill of exchange is a very convenient method of payment for oversea trade, once again it serves to reduce the profit margin for the exporter.
Questions for reading :
Encompass is one of a small group of funds that have a "go-anywhere" mandate (meaning they can invest in essentially any type of security), and Gissen wields that power freely. Late last year, for instance, his fund had about 20 percent of its assets in gold-related investments. Despite all that, Gissen's attitude toward risk is surprisingly straightforward: "We don't like risk," he volunteers.
This, of course, begs the question: What exactly constitutes a risky portfolio？ "When people think about risk.., they think, 'What's going to be the next AIG or the next Enron？'" says Chris Konstantinos, a portfolio risk manager at Riverfront Investment Group, a Virginia-based advisory firm. "That's a really important risk, but it's not the entire side of the risk equation. It's just one piece. "
Lately, the market has shone a light on an entirely different type of risk, one that's far more paradoxical and difficult to grasp. "Sometimes the biggest risk you can have in your portfolio is not having enough risk," says Konstantinos. "And certainly since March of 2009, that's clearly been the case. "
Advocates of this philosophy point to two main scenarios. In one, a traditionally safe asset class falls off, pulling the rug out from underneath investors who were overexposed to it. That's what many analysts expect will happen to bond investors once interest rates start creeping up. In the other, a risky type of investment takes off, leaving those who don't own it behind in a cloud of dust. That's what occurred when consumer discretionary stocks surged during last year's rebound.
In both scenarios, the advantage goes to investors with portfolios that are traditionally seen as risky. The challenge, of course, is achieving the right balance. Many investors can't stomach the swings associated with funds like Gissen's, but there's middle ground to be found. "The right way to look at risk is to look at it from a portfolio construction perspective, which means that in a highly diversified portfolio, there's room for what's perceived as risky kinds of investments," says Konstantinos.
Most managers tend to invest portfolio that ______.
A．has the highest value
B．doesn't contain too much risk
C．is more risky than any others
D．can get more returns
A.people would want to lend less, making the supply of loanable funds decreas
B.people would want to lend more, making the quantity of loanable funds supplied increas
C.people would want to lend less, making the quantity of loanable funds supplied decreas
D.people would want to lend more, making the supply of loanable funds increas
A.sell a put option and invest at the risk-free rate of return
B.buy a call option and write a put option on a stock and also borrow funds at the risk-free rate
C.sell a put and buy a call on a stock as well as invest at the risk-free rate of return
D.lend out funds at the risk-free rate of return and sell a put option on the stock
E.borrow funds at the risk-free rate of return and invest the proceeds in equivalent amounts of put and call options.
A.make sure
B.end up
C.carry out
