Definition of economic action

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TeachMeFinance.com - explain economic action



economic action

'economic action' is an military term meaning '(DOD) The planned use of economic measures designed to influence the policies or actions of another state, e.g., to impair the war-making potential of a hostile power or to generate economic stability within a friendly power'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".

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