Chapter 12 Balance of payments accounting : 国际收支平衡账户 A detailed record of the composition of the current account balance and of the many transactions that finace it . 国际收支账户是对经常项目的组成以及相关金融业务的详细记录。 Capital account: 资本项目 It recorded other activities resulting in transfers of wealth between countries . 记录其他导致财富在国家间进行转移的活动。 Capital inflow: 资本流入 An increase in a nation's liabilities to the sales of goods and services to foreigners . 向外国人销售商品或服务导致的金融项目贷方增加。 Capital outflow : 资本流出 An increase in a nation's assets obtained from the purchase of goods and services from foreigners . 向外国人购买商品或服务导致的金融项目借方增加。 Current account balance : 经常项目余额 The difference between exports of goods and services and imports of goods and services. 进出口商品或服务的差额。 Financial account : 金融项目 It records all international purchases or sales of financial assets . 记录所有金融资产的国际买卖状况的账户。 Official foreign cxchange intervention : 官方外汇干预 The official transactions that central banks buy or sell international reserves in private asset markets to affect macroeconomic conditions in their economies . 中央银行在私人外汇市场上买卖国际储备以改变经济的宏观环境的交易。 Official international reserves : 官方国际储备 They are foreign assets held by central banks as a cushion against national economic misfortune. 中央银行持有的外国资产,可以作为国民经济情况不利情况时的缓冲器。 Official settlements balance (or balance of payments) : 官方结算余额(国际收支平衡) The bookkeeping offset to the balance of official reserve transactions . 在会计上登记用来抵消官方储备交易余额的部分。 Chaper 13 Arbitrage : 套利 The process of buying a currency cheap and selling it dear ...