TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

ECART COMPENSATEUR [1 record]

Record 1 1993-09-30

English

Subject field(s)
  • National and International Economics
  • National Accounting
OBS

If a country has more rapid wage increases than its neighbor, and if these are not matched by compensating differentials in worker productivity gains, then it is indeed likely to find itself running into a deficit in the balance of international payments.

French

Domaine(s)
  • Économie nationale et internationale
  • Comptabilité nationale

Spanish

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