These countries are uncompetitive exporters of labour-intensive goods and services, given the low costs and established positions of Asian producers.

鉴于亚洲生产商的低成本和成熟的市场地位，这些国家无法成为有竞争力的劳动密集型产品及服务的出口国。

youdao

A stronger currency would, by reducing the price of imports, increase Chinese households' purchasing power and favour non-traded businesses such as services, which tend to be labour-intensive.

更强势的货币会通过降低进口产品价格来增加中国家庭的购买能力，并且能支持像服务业这样更倾向于劳动密集性的非贸易企业。

youdao

The most fundamental one remains the Baumol effect: labour-intensive services, such as nursing and teaching, have thus far proved as immune to productivity-enhancing technology as string quartets.

ECONOMIST: The gods that have failed��so far

This is the basis of the Balassa-Samuelson theory which holds that average prices will be higher in countries with higher productivity (ie, high GDP per head), because higher wages will push up prices in labour-intensive goods and services.

ECONOMIST: Economics focus: Burger-thy-neighbour policies | The

This may be because services tend to be more labour-intensive than goods, and because wages are stickier (downwards, anyway) than other prices.

ECONOMIST: Economics focus