This paper presents introduction of the target zone exchange rate system.

本文介绍汇率目标区的基本模型。

youdao

The target zone exchange rate model of Krugman and the demonstration effect can be suitable in the process of economic transition, and it is a realistic and feasible choice for China.

克鲁格曼的汇率目标区理论和实证分析，可以较好的适用于中国经济转型期，并是一个现实的、可行的选择。

youdao

"There are colleagues in the European Council who think that the euro zone should have an exchange rate policy," he said.

“欧盟理事会有同行认为欧元区应该引入汇率政策，”他说，“我非常赞同这一观点。”

youdao

Because the euro-11 account for about half of Britain's exports, they fear that this will put them at a disadvantage relative to the euro zone, where exchange-rate risk will have disappeared.

ECONOMIST: John Bull stays at home

Look further ahead, and it is probable that there will be a disagreement between Britain and euro-zone countries over the exchange rate at which Britain joins the euro.

ECONOMIST: The single currency

"A monetary zone must have an exchange rate policy or else it ends up subjected to an exchange rate that does not match the true state of its economy, " he said.

BBC: France's Hollande rejects 'a la carte' attitude to EU