胡松明国际金融期末要点整理.docxVIP

名词解释： 1?国际i］攵支f|勺概念：The balance of payments is a complete recorders of the total market value of goods,servicesand financial assets that domestic residents’firmsand governments exchange with residents of other nations during a given period? 国际收支平衡农：The balance?of?payments system is a complete tabulation of the total market value of goods,servicesand financial assets that domestic residents’firms’and governments exchange with residents of other nations during a given period? Meade Conflict：在固定汇率制下，一国如果只是用支出调整政策或支出转移政策调节宏观 经济运行，在国际收支逆差和国内经济衰退并存，或者国际收支顺差和通货膨胀并存吋，可 能在对内平衡和对外平衡之间发牛?冲突，经济学上称之为米德冲突。 固定汇率制卜?内部均衡与外部均衡的搭配与才盾 内部经济状况 外部状况 1 经济衰退/失业增加 国际收支逆差 2 经济衰退/失业增加 国际收支顺差 3 通货膨胀 国际收支逆差 4 通货膨胀 国际收支顺差 Direct Quotation (点接标价法) Express how many native cur re ncy units it takes to purchase one unit of foreig n curre ncy. 5.Indirect Quotation (间接标价法) Express how many foreign currency units it takes to purchase one native currency unit Nominal Exchange Rate 名义汇率 js a bilateral exchange rate that is unadjusted for changes in the two nations price levels ? Real Exchange Rate 实际汇率 is a bilateral exchange rate that has been adjusted for price changes that occurred in the two nations. Effective Exchange Rate (EER)名义有效汇率 is a measure of the weighted-average value of a currency relative to a selected group of currencies based on NER. Real Effective Exchange Rate(REER)实际有效汇率 is a measure of the weighted-average value of a currency relative to a selected group of currencies based on their real exchange rate(RER). 广场协定：《广场协定》是美国少西方七国和tl本签署的一个协议，主要内容是美元对欧 洲和FI本主要货币进行主动性贬值，从而宣布布雷顿森林体系瓦解，美元不再与黄金挂钩。 广场协定的签订，对日本经济恶化产生了很大的彫响。 内容包括：抑制通货膨胀、扩人内需、减少贸易干预、协作干预外汇市场，使美元对主要货 币有序地下调?协议中规定日元与马克应人幅升值以挽回被过分高估的美元价格。 11?特里芬难题：作为建立在黄金一美元本位基础上的布雷顿森林体系，其根本缺陷在于美 元及时一国货币优势世界货币。为了满足世界经济增长，各国的需要，美元的供应应当不断 地增长;但这又会导致美元同黄金的兑换性日益难以维持。维持充足的美元供给少美元兑换 黄金的信心的两难问题，是特里芬教授50年代首先提出的，故称特里芬难题。 J-Curve Effect（J 曲线效应）：A phenomenon in which a depreciation of the domestic currencv causes a nations balance of pavments to worsen before