1. Under what circumstances is a country likely to have an elastic demand for (a) its exports;...

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1. Under what circumstances is a country likely to have an elastic demand for (a) its exports; (b) its imports?

2. Over which time period is the Marshall–Lerner condition less likely to be met: the short run or the long run?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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