This loss of competitiveness can no longer be compensated for by currency devaluation.
如今这种竞争力的损失，已无法再通过货币贬值得到弥补。
Latvia is the most immediate concern, with a failed debt auction leading to worries of an imminent currency devaluation.
拉脱维亚的情况最为紧急，该国国债的流拍已引发人们对其货币即将贬值的担忧。
One is currency devaluation, and that's happening now: The dollar has fallen by one-third against major currencies since early 2002.
从2002年年初以来，美元相对主要货币已经贬值了三分之一。
With individual currency devaluation not an option, the only way these countries can adjust as exports fall is for imports to fall even faster through a contraction in domestic demand.
由于没有本国货币可以贬值，这些国家应对出口下滑的唯一途径就是收缩本地需求，让进口下降得更加迅猛。
Gold can be used as a hedge against currency devaluation, inflation or deflation.
黄金可以用来作为货币贬值、通涨和通缩的一个对冲。
The twin threats of deflation and beggar-thy-neighbor currency devaluation have been on the global agenda this year in a way perhaps not seen since 1944, when world leaders met in Bretton Woods, n.h..
通货紧缩和以邻为壑的货币贬值的双重威胁在今年已经被摆上了全球议事日程。
If Italy had its own currency, devaluation would be a way to restore competitiveness, at least temporarily.
如果意大利拥有其自主货币，那么贬值就是个恢复竞争力的方式，至少暂时可以。
If Italy had its own currency, devaluation would be a way to restore competitiveness, at least temporarily.
如果意大利拥有其自主货币，那么贬值就是个恢复竞争力的方式，至少暂时可以。
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