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please explain in details 3. What do (1) Marshall-Lerner (after Alfred Marshall and Abba P. Lerner) Condition and (2) Mann's (Catherine L. Mann, 1999) Rule

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please explain in details

3. What do (1) Marshall-Lerner (after Alfred Marshall and Abba P. Lerner) Condition and (2) Mann's (Catherine L. Mann, 1999) Rule tell us? Explain! 4. What kind of monetary policy can central banks carry out in the case of deficits in capital account balance? Explain in detail and how it affects the overall balance of payments. 3. What do (1) Marshall-Lerner (after Alfred Marshall and Abba P. Lerner) Condition and (2) Mann's (Catherine L. Mann, 1999) Rule tell us? Explain! 4. What kind of monetary policy can central banks carry out in the case of deficits in capital account balance? Explain in detail and how it affects the overall balance of payments

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