Marshall-Lerner condition
名词 n.
英文释义
名词 n.
- 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.
词源
Named after Alfred Marshall and Abba P. Lerner.
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数据来源: Wiktionary