MBA专业术语连载（十八）

trade-offs 交易

the amount of one good (or one desirable objective) that must be given up to get more of another good (or to attain more of another desirable objective)

trade secret 商业秘密

an innovation or knowledge of a production process that a firm does not disclose to others

trading blocs 商业集团

groups of countries that agree to lower trade and other economic barriers among themselves

traditional monetary theory 传统货币理论

the theory (first developed by John Maynard Keynes, and therefore sometimes referred to as Keynesian monetary theory) that the nominal interest rate is the opportunity cost of holding money, that the demand for money decreases as the interest rate rises, and that the interest rate is determined to equate the demand and supply of money

transactions demand for money 货币的交易需求

the demand for money arising from its use in buying goods and services

transfer programs 转移支付计划

programs directly concerned with redistribution, such as AFDC and Medicaid, that move money from one group in society to another

transplants 移植

plants constructed in one country by firms based in another. U.S. factories producing Mazdas and Toyotas are Japanese transplants

Treasury bills (T-bills) 短期国库券

bills the government sells in return for a promise to pay a certain amount in a short period, usually less than 180 days

trough 波谷

the bottom of a recession

trusts 信托公司

organizations that attempted to control certain markets in the late nineteenth century; they were designed to allow an individual or group owning a small fraction of the total industry to exercise control

two-tier wage system 双重工资系统

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