In countries that both export and import, there will be a change in relative domestic prices.

在国家的出口和进口两个方面，会有一个变化，相对国内价格。

youdao

And for deficit countries to be able to go back to their potential growth while domestic demand is falling relative to GDP, they will need net exports to improve over time.

另外，由于国内需求相对GDP在下跌，因此赤字国家要想恢复其潜在增长率，势必将逐步改进其净出口。

youdao

So Mr Obama's underperformance is relative and partial; but it is serious, especially in domestic policy.

所以奥巴马的不佳表现是相对和部分的，但却是严肃的，特别在对内政策上。

youdao

Domestic production must rise relative to domestic absorption of goods and services, or absorption must fall relative to domestic production.

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Here's the economics bit: if those periphery countries are going to become more competitive, without a currency depreciation, it follows that their domestic prices and wages need to fall, relative to German ones, and their domestic consumption needs to grow more slowly than their net exports.

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These are enough reasons to keep the longer end of the domestic yield curve under relative pressure and in a bull-steepening trend.

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