Translation for "cutting wages" to spanish
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Translation examples
Instead, if your economy was uncompetitive, you could either protect yourself from international competition through trade barriers, or impose ‘internal devaluation’ – cutting wages, controlling prices, reducing the amount spent on welfare payments.
En vez de eso, si su economía no era competitiva, podía protegerse de la competencia internacional instituyendo barreras comerciales, o podía imponer una «devaluación interna» a base de recortar salarios, controlar precios y reducir el gasto en prestaciones sociales.
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