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Chako Chako
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8 years ago
One implication of an empirical investigation of the Marshall-Lerner condition is that, in the ________, a real ________ in a nation's currency is likely to ________ the country's current account balance.
A) short-run but not the long-run; appreciation; improve
B) long-run; depreciation; improve
C) short-run; depreciation; improve
D) long-run; appreciation; improve
E) short-run; appreciation; improve
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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