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Because the alternative unleashing deflationary forces stored up over years of mercantilist policies would be too painful to contemplate .

因为另一种选择释放多年来在重商主义政策下积聚起来的通缩压力会极其痛苦，容不得人考虑。

But China \' s dollar-heavy reserve accumulation was not just insurance it supported an aggressive , mercantilist trade policy .

但是，中国以美元为主的外汇储备不只起到保险的作用，它还支撑着中国咄咄逼人的重商主义贸易政策。

At the same time , Marx also made comments on the mercantilist school and Lester about the protective trade theory .

同时，马克思还对重商主义学派和李斯特关于贸易保护学说一一作了评述。

Its mercantilist structure trades off one member country \'s concessions to allow in more imports against those of the others .

它的结构是重商主义的：用一个成员允许更多进口的让步交换其它成员的进口让步。

They are inevitable unless the aggressively mercantilist exchange rate policy , which floods the economy with liquidity , is changed .

除非改变具有强烈重商主义色彩的汇率政策，否则泡沫是不可避免的。中国的这种汇率政策让经济体充斥流动性。