Marshall-Lerner Condition Definition

noun

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.

Wiktionary
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Other Word Forms of Marshall-Lerner Condition

Noun

Singular:
Marshall-Lerner condition
Plural:
Marshall-Lerner conditions

Origin of Marshall-Lerner Condition

  • Named after Alfred Marshall and Abba P. Lerner.

    From Wiktionary

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Words Starting With

MMAMAR

Words Ending With

NONION

Words Starting With M and Ending With N

Starts With M & Ends With NStarts With MA & Ends With NStarts With M & Ends With ON

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