英镑区

像苏格兰民族党（scottishnationalparty）所建议的那样，在一个未定期限内继续留在英镑区，不可能由单方面决定。

Remaining within the sterling area for an unknown period , as the Scottish National Party suggests , cannot be a unilateral decision .

他们不能以为自己还能留在英镑区，或者保留现在的金融业。

They cannot assume they would be able to remain inside the sterling area or retain anything like their present financial sector .

答案是告诉苏格兰说它可以留在英镑区内，条件是该货币联盟的机构必须依照英国其余地区的法律成立、并向英国政府负责。

By saying that Scotland can be in the sterling area , provided the institutions of that union are established under the law of the rest of the UK and are accountable to its government .

在每一个货币区，投资者似乎都会选择一个避风港：在美元区是美国联邦政府；在英镑区是英国政府；在欧元区是德国政府。

Investors seem to choose one safe haven per currency area : the US federal government in the dollar area ; the UK government in the sterling area ; and the German government in the eurozone .

但在这样的联盟中，苏格兰和苏格兰人的话语权比现在还低。他们将保有求助英镑区最后贷款人的权力，但需为此付出高昂的代价。

But it would be one in which Scotland and the Scots would have still less weight than now . They would retain access to a lender of last resort within the sterling area , but at a heavy price .

这个“冰岛问题”的解决办法之一，是英国放弃英镑，加入欧元区。

Part of the solution to this " Iceland problem " is for the UK to give up sterling and join the euro instead .