Beggar-thy-neighbor

An international trade policy of competitive devaluations and increased protective barriers where one country seeks to gain at the expense of its trading partners.

Similar financial terms

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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Working capital ratio

Working capital expressed as a percentage of sales.


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