[单项选择]Which of the following is a difference between primary and secondary capital markets（）
A. Primary capital markets relate to the sale of new issues of bonds, preferred, and common stock, while secondary capital markets are where securities trade after their initial offering.
B. Primary markets are where stocks trade while secondary- markets are where bonds trade.
C. Both primary and secondary markets relate to where stocks and bonds trade after their initial offering.

[单项选择]There is one difference between the sexes on which virtually every expert and study agree: Men are more aggressive than women. It shows up in two-year-olds. It continues through school days and persists into adulthood. It is even constant across cultures. And there is little doubt that it is rooted in biology--in the male sex hormone testosterone.
If there’s a feminine trait that’s the counterpart of male aggressiveness, it’s what social scientists awkwardly refer to as "nurturance". Feminists have argued that the nurturing nature of women is not biological in origin, but rather has been drummed into women by a society that wanted to keep them in the home. But the signs that it is at least partly inborn are too numerous to ignore. Just as tiny infant girls respond more readily to human faces, female toddlers learn much faster than males how to pick up nonverbal cues from others. And grown women are far more adept than men at interpreting facial expressions: A recent study by Uni
A. why there are differences between males and females
B. how hormone determines sex differences
C. how sex differences are demonstrated in social relations
D. why men and women have different social roles

[单项选择]Which of the following relationships between arbitrage and efficient markets is least accurate（　）
A. The concept of rationally priced financial instruments preventing arbitrage opportunities is the basis behind the no-arbitrage principle. 
B. Momentary deviations from market efficiency can create an arbitrage opportunity. 
C. Market efficiency refers to the low cost of trading derivatives because of the lower expense to traders.

[填空题]Difference Between Japan and England

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[单项选择]
· Read the following passage which advises candidates how to answer difficult interview questions.
· Are the sentences 16-22 "Right" or "Wrong" If there isn’t enough information to answer "Right" or "Wrong", choose "Doesn’t say".
· For each sentence, mark one letter (A, B or C) on your Answer Sheet.