问题
单项选择题
Which classification of hedge funds is least likely to use a short position in stock as a part of its strategy（）
A. Market-neutral funds.
B. Risk arbitrage in mergers and acquisitions.
C. Emerging-market funds.
答案
参考答案：C
解析：
Emerging-market funds invest in less liquid and less efficient assets of emerging markets that are difficult to short.