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I read in some source that cause of undervalued currency is low cost of labor force.

In another source I read that low cost of labor force is conclusion of undervalued currency.

What case is true and why?

Thanks.

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  • $\begingroup$ Could you please add the sources you are referring to? $\endgroup$
    – Don
    Commented Jun 20 at 12:44
  • $\begingroup$ 1. banki.ru/news/columnists/?id=10718711 2.ru.wikipedia.org/wiki/… $\endgroup$
    – Mike_bb
    Commented Jun 20 at 12:50
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    $\begingroup$ This needs more details and/or clarity. As it stands you're asking people to go read an article and a wikipedia page and whether they come to the same conclusion as you. $\endgroup$
    – Brennan
    Commented Jun 20 at 13:27

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