Members examined the possible theoretical advantages of a two-way Convertibility undertaking and noted that a number of other Currency Board systems had such an undertaking in place.

委员会研究了双向兑换保证理论上的好处，也获悉多个其他货币发行局制度也有这种承诺。

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The currency channel is high cost and low efficiency, which offsets the advantages of favorable climate and low planting cost.

流通环节成本高、效率低的劣势几乎抵销了良好气候和低生产成本带来的优势。

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It is not obvious, given the practical and economic advantages of currency union highlighted in the report, why that would be the case, if Scotland were willing to sign up to a Treasury-style set of constraints.

BBC: Scotland: Treasury wants a pound for a pound

The post WWII status of the dollar as a reserve currency had its advantages, especially in the 1950s and the 1960s but also since then to a lesser degree.

FORBES: Tough Truths About The Dollar, The Debt and The Economy

One of the advantages of buying a company when your acquisition currency is stronger than the currency in which your target is valued is that it gives you some financial leeway.

FORBES: Europe At A Discount