| 单词 | competitiveness |
| 释义 | competitiveness competitiveness1. The ability of an economy to supply increasing aggregate demand and maintain exports. A loss of competitiveness is usually signalled by increasing imports and falling exports. Competitiveness is often measured in a narrower sense by comparing relative inflation rates. For instance, if the sterling–dollar exchange rate remains constant, but prices rise faster in the UK than in the US, UK goods will become relatively more expensive, reflecting a loss in competitiveness; this in turn may lead to a falling demand for exports. competitive strategy A strategy that strongly positions a company against competitors and gives that company the strongest possible strategic advantage. |
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