Fraud in letters of credit erodes the security and efficiency of transaction.

信用证欺诈正日益侵蚀着信用证交易的安全和高效。

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To save the transaction cost and improve efficiency of transaction, the paper proposes that participation enterprise should establish the organization model of strategic alliance.

在企业的组织上，为节约交易费用和提高交易效率，提出企业构建战略联盟的组织模式。

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Chapter 2 makes a concrete analysis the efficiency and the risks brought by the introduction of money into the transaction process.

本文的第2章具体分析货币引入到交易过程所带来的效率与风险问题。

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When institutional operations are not transparent, it can increase transaction costs, reduce the efficiency of public services, distort the decision-making process and undermine social values.

UNESCO: Accountability

In terms of culture, finance, media and certain other transaction-based industries, a number of dense urban cores remain unassailable in their efficiency and appeal.

FORBES: Megacities And The Density Delusion: Why More People Doesn't Equal More Wealth