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[考试试题] 2012年金融英语考试作文每日一练(5.18)

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发表于 2012-8-16 08:05:44 | 显示全部楼层 |阅读模式
  Section Two (5%)
5 L6 v. H, m5 P$ o  Directions: Translate the following sentences into Chinese. Write your   Q8 X) Y: t* I
  translation on the blank space. 0 n0 t; U; J+ Q6 I7 q* U
  1. Asymmetric information is present in loan markets because lenders have less information about the investment opportunities and activities of borrowers than borrowers do. This situation leads to two information-producing activities by banks and other financial institutions, screening and monitoring. Indeed, Walter Wriston, a former head of Citicorp, the largest bank corporation in the United States, was often quoted as stating that the business of banking is the production of information.
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