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Cheap labour helps to make its exports competitive.
A collapse of Japan's currency would make its exports cheaper overseas, stirring tensions with the United States on trade.
Mr. Romney often promises to officially declare that China is deliberately weakening its currency, the renminbi, to make its exports more competitive, thereby costing American jobs.
Japan's minister of finance and other government officials habitually accuse China of mercantilism, and of unfairly maintaining an undervalued currency in order to make its exports more competitive.
If there was not a single currency, Germany would have a much higher exchange rate, which would make its exports less competitive.
While the U.S. wanted China to allow the yuan to appreciate more, China remained concerned that appreciation would make its exports less competitive and could affect domestic stability.
Similar(41)
In contrast to mRNA, rRNA can recruit several different pathways to make its export more efficient.
The strength of the yen has hurt Japan by making its exports less competitive and eroding exporters' overseas profits.
Some critics argue that the United States could have pushed Beijing harder to abandon its policy of keeping the value of its currency weak — a policy that made its exports less expensive and helped turn it into the world's leading manufacturing power.
That has made its exports more competitive.
Fourth, it has a strong and volatile currency, which deters investors and makes its exports less competitive.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com