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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.

 
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Devaluation
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Trade
 
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 Beggar thy neighbor
Devaluation

<< Beggar thy neighbor Bellwether issues >>

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A friend is one who knows us, but loves us anyway. - Fr. Jerome Cummings

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