国际经济学中英名词解释 Absolute advantage: The greater efficiency that one nation may have over another in the production of a commodity
This was the basis for trade for Adam Smith
绝对优势:一国在生产一种产品上比另一国家有更大的有效性
这是亚当·斯密自由贸易理论的基础
Absolute purchasing-power parity theory: Postulates that the equilibrium exchange rate is equal to the ratio of the price levels in the two nations
This version of the PPP theory can be very misleading
绝对购买力平价理论:假设平衡汇率等于两国的价格水平之比,这一购买力平价理论的解释是不被接受的
Ad valorem tariff: A tariff expressed as a fixed percentage of the value of a traded commodity
从价税:一种表示为贸易商品价值的一个固定百分比的税
Arbitrage: The purchase of a currency in the monetary center where it is cheaper for immediate resale in the monetary center where it is more expensive in order to make a profit
套利:在某货币较便宜的货币中心购买该货币,立即在另一较贵