Advertising

Beggar thy neighbor devaluation

• A devaluation that is designed to cheapen a nation's currency and thereby increase its exports at other countries' expense and reduce imports. Such devaluations often lead to trade wars.

 
 Embedded terms in definition
 Currency
Devaluation
Its
Lead
Trade
 
 Related Terms
 Beggar thy neighbor
Devaluation

<< Beggar thy neighbor Bellwether issues >>

Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...

Always behave like a duck--keep calm and unruffled on the surface but paddle like the devil underneath. - Jacob Braude

Advertising



Copyright 2009-2017 GVC. All rights reserved.