Exam (elaborations)
Monetary Economics (ECS3701) Selected Examination Questions and suggested solutions[Distinction Level]2023
- Course
- Institution
According to the elasticity approach a domestic currency depreciation does what to the CA - -TYPICALLY, it narrows the CA, unless the marshall-lerner condition is met -What is the martial lerner condition and how is it satisfied? - -The marshall lerner condition suggests that a domestic currency...
[Show more]