Webster's Online Dictionary
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Specialty Expressions: BEGGAR-THY-NEIGHBOR POLICY

ExpressionsDomainDefinition
Beggar-thy-neighbor policyFinanceA course of action through which a country tries to reduce unemployment and increase domestic output by raising tariffs and instituting non-tariff measures that impede imports. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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