The more liquid a market is, the bigger the trade-off is between speed and value.
举一反三
- Generally, the lower the turnover ratio,( ) A: the less liquid the secondary stock market, indicating difficulty in trading. B: the more liquid the secondary stock market, indicating difficulty in trading. C: the more liquid the primary stock market, indicating difficulty in trading. D: the more efficient the stock market is.
- When bonds become more widely traded, and as a consequence the market becomes more liquid, the demand curve for bonds shifts to the _________ and the interest rate _________.
- “Trade surplus” is a situation in which the value of goods a country imports is worth more than it exports.
- To survive in the intense trade competition between countries, we must ____________the qualities and varieties of products we make to the world market demand.
- The ancient Greek and Roman historians such as Herodotus, Thucydides, Livius and Tacitus, the classic books of whom have more literary value than historical value.