DP Economics Questionbank
The Marshall-Lerner condition and the J-curve effect
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Description
[N/A]Directly related questions
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20N.2.HL.TZ0.2b:
Using price elasticity of demand (PED) data from the text and the J-curve effect, explain the most likely impact of “the falling value of the Australian dollar” on Australia’s current account (paragraph [4]).
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17M.3.HL.TZ0.02g.ii:
Following the depreciation, it is observed that the current account balance worsens initially, but improves after a certain period of time. Explain why this might be expected to happen.
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18M.3.HL.TZ0.3k:
Explain how a depreciation of the Urbanian dollar ($) might result in a J-curve effect.
