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Beggar-thy-neighbor devaluation
| Глоссарий экономических терминов |
A devaluation that is designed to cheapen a nation`s currency and thereby increase its exports at the expense of other countries. devaluation can also reduce a nation`s imports. such devaluations often lead to trade wars.
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Beggar-thy-neighbor, английский
An international trade policy of competitive devaluations and increased protective barriers that one country institutes to gain at the expense of its trading partners.
Devaluation, английский
- Девальвация; снижение цены текущей валюты
- A decrease in the spot price of a currency. often initiated by a government announcement.
- Девальвация (результат сознательного решения)
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Default premium, английский
A differential in promised yield that compensates the investor for the risk inherent in purchasing a corporate bond that entails some risk of default. often the premium is measured as the yield over and above a government bond yield of similar coupon and maturity.
Transactions motive, английский
A desire to hold cash in order to conduct cash-based transactions.
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