Now, the dollar's depreciation makes U.S. goods more competitive on world markets.

现在，美元的贬值使美国商品在国际市场上更具竞争力。

youdao

The depreciation of the dollar raises concerns among world leaders who agreed at the last meeting to refrain from "competitive devaluation" of currencies.

美元贬值引起各国领导人的忧虑，这些领导人在上次会议上同意不再“竞相贬值”货币。

youdao

That brings me to the second theme for 2013: which is competitive depreciation.

BBC: New Year messages from Japan

As the recovery slows, a growing number of people worry about a descent into competitive depreciation, as countries try to grab a bigger share of global demand at others' expense, a trend that could fuel protectionism.

ECONOMIST: Currencies

They sell consumer electronics, so they became more competitive globally with the depreciation of the yen.

CNN: Money & Investing