That encourages exports and depresses spending at home. The result is a high level of net national saving, much of which ends up in central banks’ foreign-exchange reserves.

这就鼓励了出口并削减了本国的消费，同时导致国家储蓄净额升上高位，其中许多部分成为了央行的外汇储备。

youdao

That encourages exports and depresses spending at home. The result is a high level of net national saving, much of which ends up in central banks’ foreign-exchange reserves.

这就鼓励了出口并削减了本国的消费，同时导致国家储蓄净额升上高位，其中许多部分成为了央行的外汇储备。

youdao