过剩的生产能力 meaning in English

excessive production capacity
overcapacity

Mr anderson argues that imports should recover as overcapacity is used up
安德森先生认为，当过剩的生产能力被消耗殆尽的时候，进口应该会复苏。
The credibility of such threats is enhanced if the incumbent hold excess capacity that could be utilized if entry occurred , especially if the incumbent holds a strong leading position in the post - entry market ; if it has established a “ reputation for toughness ” by fighting previous entrant , or if it responds to entry with an aggressive investment program designed to deter continued growth and ‘ mobility ’ of the entrant
垄断企业通过运用过剩生产能力的策略性行为,使它对潜在进入者的威胁变得可置信( credibility ) ,从而能够阻止进入。本文的理论研究结果还表明,企业选择保持过剩的生产能力是在特定条件下的理性选择,是根据特定的技术和市场条件确定的。