Since we have assumed zero transaction costs, the railroad and the farmer both benefit from this deal.

由于我们假设了零交易成本，所以铁路和农民都从这笔交易中获利。

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When you study a new rule or problem, ask yourself, "How would this come out assuming zero transaction costs?"

当你学习一个新的问题或者新的规则的时候，问一下自己，“如果在零交易成本的情况下，这个问题将会怎么样？”

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According to the tenet of traditional economics, interest rate can adjust automatically the credit market to equilibrium on the premise of perfect information and zero transaction costs.

传统经济理论认为，在完全信息和零交易费用的前提下，利率的变动会自动调整信贷资金的供给和需求使市场自动处于均衡状态。

youdao

"The appeal of zero transaction costs is really strong and extremely disruptive for a massive industry, the payments industry, " he said.

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Since standard economic theory assumes transaction costs to be zero, the Coase Theorem demonstrates that the Pigovian solutions are unnecessary in these circumstances.

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In this strategy, called a zero-cost collar, your costs are limited to your transaction costs alone, since your proceeds from selling the calls will zero out the cost of the puts.

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