商务英语综合教程Unit 14 Balance of Payments.ppt

Ⅳ. Translate the following sentences into English. 1.若一个国的居民在国外的消费大于非居民在该国的消费，我们说该国出 现收支逆差。(have a deficit on) 2.有形贸易是指商品的进出口，进口与出口的净差额就是贸易差额，出口 列在贷方，而进口列在借方。(be referred to as) 3.资本项目表明一个国家国际金融资产和负债的增减，但不包括官方储备 增减。（capital account） 4.短期资本流动包括由国际贸易和金融产生的经常和逐日收支，这主要是 通过国内外银行对其活期存款和其他流动性存款的所有权转移才发生 的。(Short-term capital flows) 5.既然如此，就需要“错误与遗漏”项目使借贷方的总额在数字上予以平 衡。(errors and omissions) Exercises 1. If residents of one economy spend more abroad than non-residents spend in that economy, it is said to have a deficit on its balance of payments. 2. Visible trade is referred to as the imports and exports of merchandise. The net difference between exports and imports is the trade balance. Exports are registered in the credit while imports the debit. 3. The capital account shows the changes in a country’s international financial assets and liabilities, but excluding changes in official reserves. Exercises Key 4. Short-term capital flows include the normal, everyday receipts and payments arising out of international trade and finance that occur mainly through shift in the ownership of demand deposits and other liquid deposits in banks at home and abroad. 5. Such being the case, the item “errors and omissions” is needed to bring the offsetting entries into an arithmetic equilibrium. Exercises Key V. Translate the following sentences in the text into Chinese. 1. Deficits, which are said to be unfavorable, have to be financed. 2. As a statistical classification and summary of all economic transactions between domestic and foreign residents over a stipulated period ( ordinary one year), the balance of payments of a nation affords an overall view of its international economic position. 3. The experienced international trader or investor does not overlook the intimate bearing of the balance of payments upon the foreign market and the course of government policy. 4.Three principles of underling the compilation of the balance of pay