建筑物与机器是公司的有形资产.ppt

Unit 9 Financial Markets After studying this text, you are required to: understand the meaning of finance; name some famous financial markets; learn the definition of foreign exchange and foreign exchange market understand some inportant words and expressions Text A: Financial Markets in General Discuss some information about the world’s financial markets. 1. Can you name some typical financial markets? 2. Do you know the characteristics of money. 3. What is finance and financial market? Read Text A and answer the following questions: 1. Is allocation of money in equilibrium at all times? 2. Under what condition is credit conducted? 3. What are finance and financial markets? 4. What distinguishes money market and capital market? 5. What methods can be used to prevent financial crisis? Check the exercises: 1. Is allocation of money in equilibrium at all times? No, the allocation of money is lopsided in various areas at different date. Therefore, the quantity of currency is more or less. 2. Under what condition is credit conducted? Credit is conducted on the condition that the principal and the interest should be paid back later. 3. What are finance and financial markets? Finance is usually defined as financing of money by penetration of payment, borrowing and lending of money. Financial markets are the markets for financing funds. There are two types of financial market: money market and capital market. 4. What distinguishes money market and capital market? A way of distinguishing markets is on the basis of the maturity of the securities. The money market is a financial market in which only short-term debt instruments are traded while the capital market is the market in which longer-term debt and equity instruments are traded. 5. What methods can be used to prevent financial crisis? We can take measures such as strengthening macroeconomic control, improving foreign trade structure, watching the financial markets closely, and if necessary, we can a