Seen from present actual conditions of our country, this influence mainly reflects on the trading effect of the stock market, so this influence on money demand mainly reflects on M1 of narrow sense.

目前在我国，这种影响主要表现为股票的交易性货币需求，因而对货币需求的影响主要体现在狭义货币M1上。

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Our new understanding of the rebound effect reinforces the case for price-based measures, such as carbon taxes and emissions trading, to control emissions directly.

他说：“我们对回弹效应新的理解，更突显了基于价格的措施——比如碳税及排放权交易——直接控制碳排放的有效性。”

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In such a network a firm's troubles can have an exaggerated effect on the perceived riskiness of its trading partners.

在这样一个网络中，某个公司的的问题可能会对其业务伙伴的可预料风险产生倍数级的影响。

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Proponents say a transaction tax would discourage short-term trading, with little effect on long-term investors.

FORBES: Risk Of Going Hungary With A Financial Transaction Tax

Back to the U.S., Nordvig notes that Hurricane Sandy has had an effect on trading.

FORBES: A Romney Victory Will Send The U.S. Dollar And Equities Higher, But Only In The Short Term, Nomura Says

Another reason is that the American Congress is about to vote on a proposal to grant China permanent normal trading relations, in effect approving its membership of the World Trade Organisation (see article).

ECONOMIST: Chen warms up the Chinese motherland