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 >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

One of the strongest characteristics of genius is the power of lighting its own fire. John W. Foster

Advertising



Copyright 2009-2017 GVC. All rights reserved.