beggar thy neighbor policy

beggar-thy-neighbor policy. A government’s protectionist course of action taken to discourage imports by raising tariffs and instituting nontariff barriers, usu. to reduce domestic unemployment and increase domestic output. • This term is sometimes applied to competitive currency devaluation.

---

词条贡献者

法律翻译Carl，知名法学院法律英语专业，专注翻译各类与复杂商业纠纷有关的法律文件。