The Marshall -Lerner condition states that a devaluation will improve a countrys balance of payments if the sum of elasticity of demand for exports and imports

The Marshall -Lerner condition states that a devaluation will improve a country's balance of payments if the sum of elasticity of demand for exports and imports is :

The Marshall -Lerner condition states that a devaluation will improve a country's balance of payments if the sum of elasticity of demand for exports and imports is : ?

Created: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

zero

equal to one

greater than one

less than one

0 2

Best Answer Explained in Below-:

ধরি, 20 টি item - এর cost price 20 টাকা সুতরাং 15টি " " " " 15 টাকা সুতরাং 15টি item 20 টাকা বিক্রয়ে লাভ হয় (20 - 15) = 5 টাকা। সুতরাং % of profit = 5×10015 = 33.3%

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The Marshall -Lerner condition states that a devaluation will improve a country's balance of payments if the sum of elasticity of demand for exports and imports is : ?

what is the area of the triangle BCD?

A country with a current account surplus

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