According to the Marshall-Lerner Condition, Currency Depreciation Would Have a Negative

question 87

Multiple Choice

According to the Marshall-Lerner condition, currency depreciation would have a negative effect on a country's trade balance if the elasticity of demand for its exports plus the elasticity of demand for its imports equals

• A) 0.5.
• B) 1.0.
• C) 1.5.
• D) 2.0.

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Disputed Amount

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