第04章 外汇市场(讲义).ppt

Chapter 4 Foreign Exchange Markets Section 1  Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Key word: Section 2 Section 3 Section 4 As a result of negotiations , Party B agree to invest us $ 1 million in the newly-established joint venture and take a share of 48% . ? 根据双方洽谈后，乙方愿投入一百万美金作为新建合资企业生产前投入，并占双方股份的48%。 Venture The main brake on commercial biotech in China is its dearth of venture capital. ? 中国商用生物技术的主要制约因素是风险资本的缺乏。 Venture A contractual joint venture may, within its approved scope of operation, import materials it needs and export products it produces.? 合作企业可以在经批准的经营范围内，进口本企业需要的物资，出口本企业生产的产品。 Venture 合营者的注册资本如果转让必须经合营各方同意。 If any of the joint venturers wishes to assign its registered capital, it must obtain the consent of the other parties. Venture n. 期货（交易） Futures Futures contracts are agreements between a buyer and a seller to exchange something at a set price at some time in the future. These contracts let buyers lock in a price for basic materials. Futures 棉花期货交易的卖价是很高的。 Cotton futures are selling at high prices. Futures Generally speaking, futures contract, not the commodity, is sold and bought in the futures market. ? 一般来说，在期货市场上买进卖出的是期货契约，而不是商品。 Futures n. 不足额；赤字 亏空；亏损 Deficit eliminate fiscal deficit ? 消灭财政赤字 indent on reserves to cover the deficit ? 动用储备金来弥补赤字 Deficit 他们已准备好削减下一财年的