在1980年代- 1990年代,许多意大利制造商在国外扩张,利用意大利里拉反复贬值的优势降低价格,削弱外国竞争对手。
In the 1980s and 1990s, many Italian manufacturers expanded abroad, exploiting the repeated devaluations of the Italian lira to undercut prices of foreign rivals.
取而代之的是,西班牙必须实现“内部贬值”:必须削减工资,降低价格,直到其成本恢复到与邻国一直得水平上。
Instead, Spain must achieve "internal devaluation" : it must cut wages and prices until its costs are back in line with its neighbors.
如果我们降低价格,我们就得冒贬值的危险。
If we lower our prices, we run the risk of devaluing our product.
如果我们降低价格,我们就得冒贬值的危险。
If we lower our prices, we run the risk of devaluing our product.
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