求大神翻译一篇国际金融论文

the promoters of floating foreign exchange rates g**e such explainations to the situation:the exchange rate adjustments under the bretton woods system were unfair,and fixed exchange rate,as a so-called 'solution' to the international balancing **sues of monetary policies,had only granted united states an overpower on global monetary regulations,and consequently created abuse of the priority.under the floating foreign exchange rate policy,many countries had realized the importance of international cooperations,and h**e been positively exploring and seeking a new form of international cooperation on monetary policy.for better prospects on economical development on participating countries.
5.the m**conception of autonomy
criticizers of the floating fx rate claimed that domestic monetary policies are not necessarily completely free,but also influenced by movements on fx rates.for example,when money supply of a country increases,the depreciation on local currency causes increase on price level of imported products.to ensure the residents' wellbeing remain unchanged,labourers will claim for wage ra**es and eventually result into increases on inflation.moreover,as local manufacturers use imported products as resources of reproduction,depreciation on local currency causes increases on the production costs,and hence on commodity prices.therefore,floating fx rate has positive impacts on inflation level.
besides,criticizer had also stated that the insulating effect of floating fx rate on foreign inflation ** limited.for example,foreign inflation increases foreign production and meanwhile increases foreign demands on domestic commodoties and hence increases domestic products.
floating fx rates pomoters' explaination to th** **,however,that the influences shall be rectified through use of legally reguated floating fx rates.
先这么多，太晚了，过两天有空再翻。