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currency war

Noun CEFR B2

Definitions

The competition between countries in order to achieve a relatively low exchange rate for their home currencies, so as to assist their domestic industry.

Equivalents

2 more languages

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

current current account current affairs current asset current balance current divider

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