国际收支差额

按照国际收支差额的因素，汇率有很大程度的灵活性。

There is a great degree of flexibility in exchange rates according to balance of payment factors .

为进口和出口所作的支付构成了国际收支差额的主要部分。

Money paid for imports and exports makes up much of the balance of payments .

中国国际收支差额分析

The Analysis of the Main Balance of China 's Balance of Payments

在这一制度中，以各种货币价值的波动来恢复国际收支差额的平衡。

In the system the values of various currencies fluctuate to restore balance of payments equilibrium .

国际收支差额指的是向该国流入和从该国流出的货币量之间的差异。

Balance of payments refers to the flow of money into or out of a country .

约翰逊：不受限制的汇率浮动意味着各种货币的比价能以涨价或跌价来恢复国际收支差额的平衡。

J : Well , a clean float means that the parity rate of various currencies would go up or go down to restore balance-of-payments equilibrium .

充足的外汇储备在调节国际收支差额、维持本国货币汇率稳定、维持国际信誉以及增强抵御国际金融风险的能力等方面发挥着重要的作用。

Sufficient foreign exchange reserves play an important role in regulating the balance of payments , maintain the stabilization of exchange rate , maintain international reputation and enhance the ability to resist international financial risks .

从估计得到的模型中可以得出以下结论，1：1952年至1982年期间，国际储备长期需求与国际收支差额波动率成正相关；

The following conclusion drawn from the model of estimation , 1 : From year of 1952 to 1982 , the long-term demand for international reserves is correlated positively with fluctuating rate of difference of the international revenue and expenditure .