What is the economic war?
The Economic War is a strategy that includes an attempt to defeat the enemy or competitor by using various methods to undermine the financial and economic stability of this enemy. The Economic War of this type may focus on other business or even include activities that are used to reduce the business possibilities of the nation. The idea of an economic war is usually to neutralize the effectiveness of the goal by gradually reducing the sources that can be used to defend or maintain the current state of a targeted entity.
Since the strategy is used in the business process, the economic war will include an attempt to undermine the reputation of a competitor using several different means. One approach is to make an aggressive price campaign that includes the sale of goods and services for unit prices below the costs incurred in the production of their own product lines. Another approach requires a gradual tarnike to the reputacen competitor so that consumers start to turn to other moskoVatel as a way to satisfy their needs. Both methods can be applied simultaneously, often with the effect that the competitor comes out of business.
As far as the world economy is concerned, it is possible to involve in the economic war, which is designed to paralyze the economic stability of a targeted nation. This approach often includes the use of business restrictions as a means of negative impact on the ability to import the basic goods that are not produced in this nation, while looking for ways to reduce or eliminate the demand for a balanced goods of the nation. To create this type of trade wars, nations that wish to paralyze the opponent's economy often accept a number of business policies that eventually throw the opponent into recession or possibly economic depression. Business restrictions remain until the impact of this nation is neutralized and surrendered the requirements of the nations that organized the war.
As with any type of war, the economic war usually has a specific goal. The processes used during the war may change, depending on the chain of events that appear during the war. For example, if other parties decide to enter the economic struggle by inserting with a targeted entity, perhaps those who have started the war may have to clarify certain methods to compensate for additional support and still achieve the desired goal. Depending on the ability to resist attacks and perhaps initiate some kind of counter -initiative, the economic war can continue years before reaching any type of solution.