On the basis, the thesis introduces the non-commercial risk’ main content: expropriation risk, inconvertibility risk and war risk.
第章在明晰非商业风相关概念的基上,介绍了非商业风的主要内容:征、兑限制及战乱。
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Employment is too heavily taxed, and public spending is skewed towards transfers rather than investment.
这一切到了令人难以想象的地步。职业税过于繁重,公共支出更偏向于汇兑而非投资。
Most capital cities have extensive exchange facilities.
【exchange】大部有大量汇兑换处。
Will I have any exchange risk? I mean will I have to carry any exchange loss?
那我会有汇兑风险吗?我是说汇兑损失。
The package of notes not being found when five o'clock sounded from the ponderous clock in the " drawing office, " the amount was passed to the account of profit and loss.
一捆钞票竟然一去不返。当挂在汇兑处上面的挂钟敲响五点的时候,下班的时间到了,英国国家银行只好把这五万五千英镑记在损益账上。
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