Financial Definition of Beggar-Thy-Neighbor Devaluation
Meaning of 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.
Related Entries of Beggar-Thy-Neighbor Devaluation in the Encyclopedia of Law Project
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Beggar-Thy-Neighbor Devaluation in Historical Law
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