balassa-samuelson effect
noun
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What does balassa-samuelson effect mean?
An economic phenomenon where a country experiences a shift in its industrial structure towards the production of goods and services that require a higher skill level, leading to an appreciation of its currency.
Kryssord og Scrabble
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About this entry
- Language:
- English ENG
- Part of speech:
- noun
- Last updated:
- Apr 30, 2026
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balassa-samuelson effect.
(2026, 30. Apr).
I
Synonym.no. https://synonym.no/eng/balassa-samuelson-effect_n1