ocr economics f585 global economy

20th june 2012 inflation china rare earths interest rates

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  • Created by: ali
  • Created on: 03-04-12 21:26
what is the marshall lerner condition
that a depreciation in the currency will imprrove the current account if price inelastic
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what is the jcurve effect
inital detoriaration before improvement of the balance of payments
2 of 3
what is comparative advanatge?
country can produce with a lower oppertunity cost than others
3 of 3

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what is the jcurve effect

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inital detoriaration before improvement of the balance of payments

Card 3

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what is comparative advanatge?

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