Schachtism
noun
Schacht·ism
ˈshäkˌtizəm,
-äḵˌt-
variants
or less commonly Schactianism
-tēəˌniz-
plural -s
: trade and finance policies including exchange controls, bilateral trade agreements, multiple exchange rates, and other practices designed to benefit one nation at the expense of others
Love words? Need even more definitions?
Merriam-Webster unabridged
Share