beggar-thy-neighbour

listen to the pronunciation of beggar-thy-neighbour
Английский Язык - Английский Язык

Определение beggar-thy-neighbour в Английский Язык Английский Язык словарь

beggar-thy-neighbor
An economic policy that favors domestic interests at greater total cost to the economies of trading partners
beggar-thy-neighbor
(Ekonomi) An international trade policy of competitive devaluations and increased protective barriers that one country institutes to gain at the expense of its trading partners
beggar-thy-neighbor
An international trade policy of competitive devaluations and increased protective barriers where one country seeks to gain at the expense of its trading partners
beggar-thy-neighbor
When a country purposefully devalues its currency, or encourages its currency's depreciation on foreign exchange markets in order to make products produced in the country cheaper in foreign countries -- thereby increasing sales