一个国家只有采取更具弹性的汇率制度才能控制金融政策。

And a country cannot control its monetary policy unless it accepts a more flexible exchange rate.

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类似墨西哥那样汇率更弹性通胀目标更明确的新兴国家作的要好些。

Countries, such as Mexico, that have more flexible exchange rates and are more committed to inflation targets have done better.

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还未在欧元区的11个欧盟国家需要再三权衡货币弹性相较汇率稳定具有的优势。

The merits of monetary flexibility versus exchange-rate stability have to be weighed up by the 11 eu countries that are not (yet) in the euro.

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