Marshall-Lerner condition – English–Português translations

🇬🇧 en pt 🇵🇹

Marshall-Lerner condition noun

  • (economics) The condition that an exchange rate devaluation or depreciation will only cause a balance of trade improvement if the absolute sum of the long run export and import demand elasticities is equal to, or greater than 1.
 condição Marshall-Lerner, condição de Marshall-Lerner
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