Definition von beggar-thy-neighbor im Englisch Englisch wörterbuch
An economic policy that favors domestic interests at greater total cost to the economies of trading partners
(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
An international trade policy of competitive devaluations and increased protective barriers where one country seeks to gain at the expense of its trading partners
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