By devaluing against gold, their money also became cheaper against currencies that kept their gold parity, giving domestic producers a cost advantage over many foreign firms.

• 当这些国家的货币相对黄金贬值时，相对于其它仍然由黄金平价决定的货币而言也贬值了，因此这些国家的国内制造商相对外国公司具有了成本优势。