Marshall-Lerner condition in Portuguese
Marshall-Lerner condition in Portuguese
condição Marshall-Lerner
(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 de Marshall-Lerner
(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.