SINCE 1828
Schachtism
noun
Schacht·ism
| \ˈshäkˌtizəm, -äḵˌt-\
variants:
or less commonly Schactianism \-tēəˌniz-
\
plural -s
Definition of Schachtism
: 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
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