An undervalued currency enables an economy to integrate into the world economy on the basis of strong export performance. It stimulates production (and hence employment), unlike overvaluation, which stimulates consumption.
一种估值偏低的货币使得一个经济体能够以强势的出口表现为基础融入世界经济之中。它刺激生产（继而就业），而不像（货币）估值偏高那样刺激消费。