Post Utme Summit University 2017 Economics Question 11
Practice objective / multiple choice question 11 from the 2017 Post Utme Summit University Economics examination.
The Marshall-Lerner condition states that if the sum of the elasticities of demand for imports and exports is greater than 1, then a devaluation of the currency will lead to an improvement in the balance of payments. What is the name of the economist who first proposed this condition?
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About This Question
This is Post Utme Summit University 2017 Economics Question 11. It is one of the objective questions from the 2017 Post Utme Summit University Economics examination.
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