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Afewminuteslate Posted 16 years ago
Grammar

What difference does the comma make?

Original version

A developing country
with an undervalued currency would have experienced
a substantial inflation, increasing its effective exchange
rate, which is not the case for China.

Version without comma

A developing country
with an undervalued currency would have experienced
a substantial inflation increasing its effective exchange
rate, which is not the case for China.
  

Top answer

The comma slows it down.

  • The comma slows it down.
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4 Answers
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The comma slows it down.
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I thought it was meant to indicate that it is not the inflation that is "increasing the effective exchange rate", but the fact that "a developing country with an undervalued currency would have experienced a substantial inflation" that is "increasing the effective exchange rate."

Thank you.
0
If it does so, it does so very ambiguously.
0
http://www.nbp.pl/publikacje/bank_i_kredyt/2007_08_09/bouveret.pdf


I don't know. Here's the full extract.

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