这些机构的债务拥有隐性和显性联邦担保，这降低了其资金成本，从而赋予了它们永久性的竞争优势。
These institutions have an implicit, or explicit, federal guarantee on their debt that lowers their cost of capital, giving them a permanent competitive advantage.
如今，能说流利的汉语，在英国已经成了显性的求职优势，因为这可以更加贴近客户和市场。
Nowadays, can say fluent Chinese, had become the dominant position of to apply for a job of dominance in England, because this is OK more client of press close to and market.
第三部分，重点从四个方面分析了逆差产生的原因，其中运用了产品生命周期理论和李光辉的显性比较优势理论。
The third part analyzes the reasons which cause the deficit from four aspects applying the theory of Product Lifecycle and the Revealed Comparative Advantage of Li Guanghui.
第三部分，重点从四个方面分析了逆差产生的原因，其中运用了产品生命周期理论和李光辉的显性比较优势理论。
The third part analyzes the reasons which cause the deficit from four aspects applying the theory of Product Lifecycle and the Revealed Comparative Advantage of Li Guanghui.
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