What Is the "Beggar-Thy-Neighbor" Policy,and Why Is It a Problem

question 95

Essay

What is the "beggar-thy-neighbor" policy,and why is it a problem for the country that caused it?

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Definitions:

Trade Policies

Regulations and agreements that govern international trade between countries, influencing tariffs, exports, and imports.

Domestic Economy

The economic activities and conditions within a specific country’s borders.

Nepalese Government

The federal political system in Nepal, which includes executive, legislative, and judicial branches, responsible for governing the nation.

Infrastructure

The fundamental physical and organizational structures needed for the operation of a society or enterprise, like transportation systems and communication networks.