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发布时间:2023-09-27 22:21:37

[填空题]Conventional wisdom says that it is better to be a large company than a small one when credit is tight. Bigger firms have more room for maneuver(机动):They have access to more types of funding, they have more fat to cut, and they have greater bargaining power with lenders. Even so, life is getting ever more uncomfortable for the bigger beasts of the corporate jungle.
According to the Federal Reserve’s most recent lending survey, American banks are tightening terms more aggressively for bigger firms than for smaller ones. Lenders are more cautious than they
have been at least since 1990. The story among European banks is similar. Lenders in emerging markets can be more suspicious of multinational firms than they are of locals. "We just don’t know what they’ve got on their balance-sheets back home," says one bank boss in Africa.
Violent movements in exchange rates are causing additional headaches, says Andrew Balfour of Slaughter & May, a law firm. Calculations of financia

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[填空题]Conventional wisdom says that it is better to be a large company than a small one when credit is tight. Bigger firms have more room for maneuver(机动):They have access to more types of funding, they have more fat to cut, and they have greater bargaining power with lenders. Even so, life is getting ever more uncomfortable for the bigger beasts of the corporate jungle.
According to the Federal Reserve’s most recent lending survey, American banks are tightening terms more aggressively for bigger firms than for smaller ones. Lenders are more cautious than they
have been at least since 1990. The story among European banks is similar. Lenders in emerging markets can be more suspicious of multinational firms than they are of locals. "We just don’t know what they’ve got on their balance-sheets back home," says one bank boss in Africa.
Violent movements in exchange rates are causing additional headaches, says Andrew Balfour of Slaughter & May, a law firm. Calculations of financia
[单项选择]Conventional wisdom says trees are good for the environment. They absorb carbon dioxide -- a greenhouse gas -- from the atmosphere and store it as carbon while releasing oxygen. The roots of trees have been thought to trap sediments and nutrients in the soil, keeping nearby rivers free flowing . Trees have also been credited with steadying the flow of these rivers, keeping it relatively constant through wet and dry seasons, thus preventing both drought and flooding. Pernicious nonsense, conclude two pieces of research published this week.
The first, a four-year international study led by researchers at the University of Newcastle, in Britain, and the Free University of Amsterdam, identifies several myths about the link between forests and water. For example, in arid and semi-arid areas, trees consume far more water than they trap. And it is not the trees that catch sediment and nutrients, and steady the flow of the rivers, but the fact that the soil has not been compressed.
T
A. can improve the quality of atmosphere.
B. may lead to slow flowing of rivers.
C. will help wet and dry seasons to be unchanged.
D. are able to remove carbon from the soil.

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