Sentence examples of "transmission channel" in English
And the exchange-rate transmission channel won’t do much good, because it does not augment aggregate demand; it just shifts demand around among countries’ tradable sectors.
И использование курса валют для проведения денежно-кредитной политики не принесет особой пользы, потому что не увеличивает совокупный спрос, а просто перераспределяет его между экспортными секторами разных стран.
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