This is particularly so for a currency board system operating in a highly externally oriented economy that is also an international financial centre where there are often huge inflows and outflows of funds 對于一個(gè)國際金融中心來說,經(jīng)常有大資金進(jìn)出,而且經(jīng)濟(jì)又屬于高度外向型,貨幣發(fā)行局制度的運(yùn)作便更加復(fù)雜。有見及此,我們對貨幣發(fā)行局制度的運(yùn)作實(shí)施
But for externally oriented economies , where domestic prices are strongly influenced by the prices of their trading partners , a stable external value for the currency , i . e . a fixed exchange rate , is often more suitable 不過,對于以外貿(mào)為主的經(jīng)濟(jì)體系來說,由于本地價(jià)格主要取決于貿(mào)易伴的價(jià)格,所以貨幣的外在價(jià)值保持穩(wěn)定,即固定匯率,通常是更為適合的定義。
Consumption may be encouraged , but the leakage arising from hong kong s being a very externally oriented economy , and lately the convenience and price competitiveness of shenzhen and other places will work to reduce the multiplier effect on domestic economic activities 市民消費(fèi)或會(huì)受到低息刺激,但基于本港經(jīng)濟(jì)屬高度外向型,加上來自深圳及其他地區(qū)帶來方便及價(jià)格方面的競爭,本港內(nèi)部經(jīng)濟(jì)活動(dòng)的乘數(shù)效應(yīng)將會(huì)減少。