Study Notes
Exchange Rates - Marshall Lerner Condition
- Level:
- A-Level
- Board:
- 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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