| 词汇 | example_english_convertibility |
| 释义 | Examples of convertibilityThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Monetary instability was lessening towards the restoration of convertibility. Convertibility was finally restored in 1867 (at 1864's actual prices) and lasted until 1876. I didn't think we were going to make a change in exchange rates without, in effect, suspending dollar convertibility into gold for a while. The orthodox gold supporters attained a resumption of convertibility, but the voices for employment and against deflation attained a significant devaluation from the pre-war parity. Progress towards full convertibility was a decisive step in the full politicization of industrial relations. The financial gold standard was defended as a universal standard that liberated international trade by ensuring convertibility. The draining of reserves in the debtor countries accelerated and monetary policy was tightened to ensure gold convertibility. The progress of sterling towards convertibility had immense consequences for macroeconomic policy and broader, domestic political economy. As a preliminary result towards soundness, we show that the interpretation is sound with respect to subtyping and convertibility. Both calculi are however isomorphic if we consider terms up to renaming/simplification (and consequently up to convertibility). Under the gold standard, as noted, convertibility was an outcome of convergence in domestic monetary practices across countries. On the one hand, there was the need to obtain the financial support required by the convertibility plan. The following decade would see moves to formalise the convertibility of agricultural to non-agricultural land within a larger policy of land liberalisation. The government's decision to suspend convertibility was earth-shattering. It is perhaps the exchange of these exotics that made the use of cattle and currency possible and enabled their convertibility. Money was the crucial medium of convertibility in this. This means that we also get a decision algorithm for convertibility. Next we define the crucial notion of relativized convertibility. After all, convertibility is a necessary condition for substitutability. The first one is at the beginning of the convertibility plan, when privatisations were used to balance the fiscal accounts. Numbers provided a tool with which to equate hitherto incomparable sorts of value, to price them, and to allow unconditional convertibility from one to another. These banknotes were essentially surrogates for money and owed their value to their convertibility into specie. One of the problems of convertibility was the current account's growing imbalance, as a result of accelerated economic reactivation. In essence, guarding their own convertibility within the context of profitable banking, central banks conditioned inflationary paths. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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