研究生英语二.ppt

A. Translate the following paragraphs into Chinese. B. Translate the following sentences into English. Translation A. Translate the following paragraphs into Chinese. The capital account is a record of investment and capital transactions between a country and the rest of the world. The capital inflows or outflows are usually called capital transactions of both long term and short term. Capital inflow shall be recorded as accredit item, while capital outflow shall be recorded as a debit item in the capital account. 资本项目记录一国与世界其他国家之间的投资及资本交易。资本的流入或流出通常称为资本交易，包括长期的和短期的资本流动。资本流入计入资本项目中的贷方，资本流出计入借方。 A. Translate the following paragraphs into Chinese. The capital account covers three sub-accounts: direct investment, portfolio investment and short-term capital. The direct investment usually refers to the establishment of a plant or distribution network abroad. Investors could control or share control over sales, production, and research and development of such a corporation. Direct investment usually means more than 10 percent of ownership. 资本项目包括三个分项：直接投资、有价证券投资和短期资本。直接投资通常指在国外建立一个工厂或销售网络。投资者可以控制或分享控制公司的销售、生产和研究开发。直接投资一般是指拥有10%以上的股权。 A. Translate the following paragraphs into Chinese. Foreign portfolio investment covers all international transactions with an original maturity of more than one year, such as the purchase of shares from a foreign corporation. Short-term capital refers to the net change in the country’s international financial assets and liabilities with an original maturity of one year or less. Short-term capital flows include the normal everyday receipts and payments arising out of international trade and finance. 外国有价证券投资包括期限在一年以上的国际交易。比如，购买外国公司的股票。短期资本是指一国的国际金融资产和债务期限为一年或少于一年的净额变化。短期资本流动包括在国际贸易和国际金融中发生的日常收入和支出。 A. Translate the following paragraphs into Chinese. There is one account called “Errors and Omissions” in the balance of payments statements. This account takes into statistical errors. Errors and omissions ar