DP Economics Questionbank
4.6.9 The Marshall-Lerner condition and the J-curve effect
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Description
[N/A]Directly related questions
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18M.3.HL.TZ0.3k:
Explain how a depreciation of the Urbanian dollar ($) might result in a J-curve effect.
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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]).
