Study Notes

Exchange Rates - Marshall Lerner Condition

AQA, Edexcel, OCR, IB

Last updated 3 Jul 2018

The Marshall Lerner Condition shows the conditions under which a change in the exchange rate of a country's currency leads to an improvement or worsening of a country's balance of payments.

Revision Video: Effects of Currency Depreciation (includes Marshall Lerner Condition)

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