What is the Balassa–Samuelson effect related to?
International economics
Microeconomics
Macroeconomics
Behavioral economics
Answer
The Balassa–Samuelson effect is a theory in international economics that relates the differential economic growth rates of a country's tradable and non-tradable sectors to its real exchange rate. It was first proposed by Bela Balassa and Paul Samuelson in the 1960s.
The Samuelson Saga: Unraveling the Legacy of an American Economist!
More Questions
Who did Samuelson serve as a consultant to?
At what age did Samuelson become an assistant professor at MIT?
What was Samuelson's book "Foundations of Economic Analysis" about?
Which of these is a primary field of Samuelson's theoretical contributions?
What kind of Keynesian did Samuelson describe himself as?
Related Quizzes
Subscribe Now!
Learn something
new everyday
Playing quizzes is free! We send 1 quiz every week to your inbox