How can we use the Marshall-Lerner condition to explain the J-curve effect?

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International Money And Finance

ISBN: 9780323906210

10th Edition

Authors: Michael Melvin, Stefan C. Norrbin

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Question Posted: Mar 09, 2016 06:24 AM

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How can we use the Marshall-Lerner condition to explain the J-curve effect?

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In the short run both demands for exports and imports are inelastic Hence t...View the full answer

International Money And Finance

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