tpo10閱讀第三篇 seventeenth - 英檢

Table of Contents

最後一段

8.
The rapid expansion in international trade also benefitted from an infusion
of capital, stemming largely from gold and silver brought by Spanish vessels
from the Americas. This capital financed the production of goods, storage,
trade, and even credit across Europe and overseas. Moreover an increased
credit supply was generated by investments and loans by bankers and wealthy
merchants to states and by joint-stock partnerships—an English innovation
(the first major company began in 1600). Unlike short-term financial
cooperation between investors for a single commercial undertaking,
joint-stock companies provided permanent funding of capital by drawing on the
investments of merchants and other investors who purchased shares in the
company

題目是
According to paragraph 8, each of the following was a source of funds used to
finance economic expansion EXCEPT

1.groups of investors engaged in short-term financial cooperation
the
2. state
3.wealthy merchants
4.joint-stock companies


想問為何答案是2
看起來是1的相關性較小阿

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All Comments

Thomas avatarThomas2015-03-25
state是跟人家借錢的
Valerie avatarValerie2015-03-25
loan by A to B A放高利貸給B囉
Charlotte avatarCharlotte2015-03-27
雖然短.......但堪用嘛!