The Marshall-Lerner Condition Suggests That Depreciation of the Franc Leads

question 53

Multiple Choice

The Marshall-Lerner condition suggests that depreciation of the franc leads to a worsening of France's trade account if the:

• A) Elasticity of demand for French exports is 0.4 while the French elasticity of demand for imports is 0.2
• B) Elasticity of demand for French exports is 0.6 while the French elasticity of demand for imports is 0.4
• C) Elasticity of demand for French exports is 0.5 while the French elasticity of demand for imports is 0.7
• D) Elasticity of demand for French exports is 0.6 while the French elasticity of demand for imports is 0.7

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Definitions:

Trabeculae Carnea

A series of muscular ridges found inside the ventricles of the heart, contributing to the heart's contractile force.

Epicardium

The outermost layer of the heart wall composed of connective tissue and fat, serving as a protective layer.

Parietal Pericardium

The outer fibrous layer of the pericardium, a double-walled sac containing the heart and the roots of the major blood vessels.