60.

60. The Marshall- Lerner condition suggests that a country's ability to narrow a trade deficit by devaluing its C. Current account. currency depends on: A. capacity utilization in the domestic economy. B. national saving relative to domestic investment. C. elasticity of demand for imports and exports. 61. The USD/EUR spot exchange rate is 1.3500 and 6-month forward points are-75. The 6-month for