In practical terms it means that you cannot grow the economy if you do not have an additional source of foreign exchange, and you will not secure additional foreign exchange by lowering your selling price – for example by devaluation.
Finally, from a multilateral perspective, it seems that the interdependencies between the policies of both the originator and destination countries call for enhanced cooperation. While formal monetary policy coordination would not be feasible in view of central bank mandates, there is scope for enhancing multilateral efforts to deal with adverse spillovers.