Definitions from Wiktionary (Marshall-Lerner condition)
▸ noun: (economics) The condition that an exchange rate devaluation or depreciation will only cause a balance of trade improvement if the absolute sum of the long run export and import demand elasticities is equal to, or greater than 1.
▸ Words similar to marshall-lerner condition
▸ Usage examples for marshall-lerner condition
▸ Idioms related to marshall-lerner condition
▸ Wikipedia articles (New!)
▸ Words that often appear near marshall-lerner condition
▸ Rhymes of marshall-lerner condition
▸ Invented words related to marshall-lerner condition
▸ noun: (economics) The condition that an exchange rate devaluation or depreciation will only cause a balance of trade improvement if the absolute sum of the long run export and import demand elasticities is equal to, or greater than 1.
Similar:
Slutsky equation,
mercantilism,
budget constraint,
market equilibrium,
cross elasticity of demand,
maritimization,
exchange value,
balance of trade,
Engel's law,
terms of trade,
more...
Opposite:
▸ Words similar to marshall-lerner condition
▸ Usage examples for marshall-lerner condition
▸ Idioms related to marshall-lerner condition
▸ Wikipedia articles (New!)
▸ Words that often appear near marshall-lerner condition
▸ Rhymes of marshall-lerner condition
▸ Invented words related to marshall-lerner condition