breakdown of the system meaning in English
系统阻断
Examples
- After the breakdown of the system of bretton woods , the practice of frequent international capital flowing impels the development of the theory of decided exchange rate . this theory is from the theory of purchasing power parity , the theory of interest rate parity , the theory of international income and expenses to the theory of asset market . but , at present , the theory of cost in exchanging specially used in our country is applicable
布雷顿森林体系解体以来,国际间资本频繁流动的实践推动了汇率决定理论的发展,汇率决定理论也从购买力平价说、利率平价说、国际收支说走向资产市场说,但是我国特有的换汇成本说在当前还有一定的适用性,随着国内外金融市场间的联系渐趋紧密,利率平价说对于人民币汇率变动的解释力也会逐渐增强。