The theory of value is closely related to that of allocative efficiency, the quality by which firms produce those goods and services most valued by society.

价值理论和分配效率密切相关。分配效率指企业生产社会认为最有价值的商品和服务。

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The report also highlighted that China's current-account surplus had fallen in recent months--which could be an indication that the currency is properly valued.

报告还强调，近几个月中国经常项目盈余下滑，这可能表示人民币汇率处于合理水平。

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That is why some of the most valued pats on the back are those which come to us indirectly.

那就是为什么一些宝贵的赞许鼓励之间往往是间接地传达给我们。

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One of the advantages of buying a company when your acquisition currency is stronger than the currency in which your target is valued is that it gives you some financial leeway.

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Association of Teachers and Lecturers general secretary Dr Mary Bousted said she agreed with the report's assertion that "apprenticeships should deliver a valued, high-kudos route for young people, which is as equally respected as the academic route".

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Yet GE has at least one asset that could be monetized for a much higher multiple than the 44 times earnings at which the company is valued.

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