According
to the Marshall-Lerner condition, currency depreciation would have a
negative effect on a country's trade balance if the elasticity of
demand for its exports plus the elasticity of demand for its imports
equals()
A: 0.5
B: 1.0
C: 1.5
D: 2.0
to the Marshall-Lerner condition, currency depreciation would have a
negative effect on a country's trade balance if the elasticity of
demand for its exports plus the elasticity of demand for its imports
equals()
A: 0.5
B: 1.0
C: 1.5
D: 2.0
举一反三
- According<br/>to the Marshall-Lerner condition, currency depreciation has no effect<br/>on a country's trade balance if the elasticity of demand for its<br/>exports plus the elasticity of demand for its imports equals() A: 0.1 B: 0.5 C: 1.0 D: 2.0
- The Marshall-Lerner condition applies only if ηx+ηm > 1, in whichηx+ηm is ( ) A: supply price elasticity of domestic import and export commodities B: demand income elasticity of domestic imports and exports commodities C: expected Elasticity of demand for domestic imports and exports commodities D: demand price elasticity of domestic imports and exports commodities
- The Marshall-Lerner condition applies only if ηx+ηm > 1, in whichηx+ηm is ( ) A: supply price elasticity of domestic import and export commodities B: demand income elasticity of domestic imports and exports commodities C: expected Elasticity of demand for domestic imports and exports commodities D: demand price elasticity of domestic imports and exports commodities
- According to the Marshall-Lerner approach, a currency depreciation will best lead to an improvement on the home country's trade balance when the: A: Home demand for imports is inelastic--foreign export demand is inelastic B: Home demand for imports is inelastic--foreign export demand is elastic C: Home demand for imports is elastic--foreign export demand is inelastic D: Home demand for imports is elastic--foreign export demand is inelastic
- The Marshall–Lerner condition indicates a stable foreign<br/>exchange market if the sum of the price elasticities of the demand<br/>for imports and the demand for exports0, in absolute terms, is less<br/>than 1. ()