而对于贫困的粮食净进口国,如果在实行自由化之前对市场没有保护,消费者就有可能面临涨价,原因是单位进口成本提高了。
Consumers in poor, net-food-importing countries could face higher prices if these markets were not protected before liberalization, because of higher import unit costs.
随着财政赤字的缩减,产出走弱,各国的出路只能是逐渐降低相对单位劳动力成本,提高净出口。
With the fiscal deficit contracting and output weakening, the way out for each country would be via falling relative unit labour costs and higher net exports.
卖空一单位一年期债券则刚好抵消,所以我在1925年的净买入为零。
If I short the one-period bond it cancels out, so I've made no net purchase in 1925.
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