Post Utme Coal City University 2024 Economics Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2024 Economics Objective / Multiple Choice
Question 35 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ECONOMICS • objective

The Marshall-Lerner condition states that a country's balance of payments will improve if the sum of the percentage changes in its export and import prices exceeds a certain threshold. What is the name of this threshold?

Answer Options

A. The Marshall-Lerner condition
B. The J-curve effect
C. The Balance of Payments Identity
Correct Answer D. The Elasticity Condition
Correct Answer
D
Correct Option:
The Elasticity Condition

About This Question

This is Post Utme Coal City University 2024 Economics Question 35. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.

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