Post Utme Covenant University 2022 Economics Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2022 Economics Objective / Multiple Choice
Question 21 POST_UTME_COVENANT_UNIVERSITY • 2022 • 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 Balassa-Samuelson effect
C. The J-curve effect
Correct Answer D. The Marshall-Lerner threshold
Correct Answer
D
Correct Option:
The Marshall-Lerner threshold

About This Question

This is Post Utme Covenant University 2022 Economics Question 21. It is one of the objective questions from the 2022 Post Utme Covenant University Economics examination.

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