因为另一种选择——释放多年来在重商主义政策下积聚起来的通缩压力——会极其痛苦,容不得人考虑。
Because the alternative - unleashing deflationary forces stored up over years of mercantilist policies - would be too painful to contemplate.
但是你必须记住,在这出戏里,中国才是真正的蹩脚演员:历史上从未有任何一个国家像中国这样采取一种极端的重商主义政策。
But you have to bear in mind that the really outlandish actor here is China: never before in history has a nation followed this drastic a mercantilist policy.
希基把中国汇率政策视为在美国抢占市场份额的“重商主义计划”的组成部分。
Mr Hickey sees China's currency policy as part of "a mercantilist plan" to gain market share in the US.
不同于线下领域的重商主义国家,两家公司都发布政策保护这一资产——用户。
Rather like mercantilist countries in the offline realm, both companies operate policies to protect this asset.
除非国内保护主义思潮变得十分强大,美国没有理由破坏亚洲重商主义者的汇率政策。
Unless domestic protectionist sentiment becomes overwhelming, there is no reason for the Americans to attack Asia's mercantilist foreign exchange policies.
在重商主义时代,英国促进就业的政策大致上有两大类:一类是国家创造就业机会的政策;
In the mercantilist age, there were two categories of the British policy for promoting employment. One was the national policy of creating employment opportunity.
在重商主义时代,英国促进就业的政策大致上有两大类:一类是国家创造就业机会的政策;
In the mercantilist age, there were two categories of the British policy for promoting employment. One was the national policy of creating employment opportunity.
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