Changes in exchange rates of the type seen in 1991-1992 have a strong impact on relative prices for goods traded between different countries. In countries that experienced strong currency appreciation, companies (and unions, for that matter) are exposed to a sudden and severe loss in competitiveness.
1991-1992年出现的那样的汇率变化，对在不同国家间进行贸易的货物的相对价格，产生了重要影响。在那些货币升值强劲的国家中，公司（也包括工会，也为了同样的原因）遭遇了突现的严重的竞争力的丧失。这样的公司当然要开始叫嚷针要针对所谓的“不公平”环境采取保护措施。