Context

In fact, however, these beggar-thy-neighbour policies bred retaliation by other countries that curtailed the volume of international trade but neutralized most of the hoped-for gains in employment.

Política econômica adotada por um país para melhorar suas condições internas e que, geralmente, prejudicam as economias de seus países vizinhos.

Example

And in a barely veiled criticism of the United States he called for greater international economic policy coordination to prevent large countries abusing their position and practicing "beggar-my-neighbour policies".

TcTerms Source Question

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