| 单词 | locomotive principle |
| 释义 | locomotive principlelocomotive principlethe principle that, in a worldwide RECESSION, one country, by expanding its AGGREGATE DEMAND, will increase its demand for IMPORTS, stimulating the EXPORTS of other countries and so increasing economic activity in those other countries. In this way, one country can act as a locomotive to pull other countries out of recession but at some expense to its balance of payments. See FOREIGN TRADE MUTIPLIER. |
| 随便看 |
英语词典包含2567994条英英释义在线翻译词条，基本涵盖了全部常用单词的英英翻译及用法，是英语学习的有利工具。