all terms. [2] 5.2 Explain, using the previously defined equation, what the UIP condition means. Use a real world example to aid your explanation. [3] QUESTION 6 [3 Marks] In the first few months of 2018 the Rand appreciated about 4% against the American Dollar. Use the Marshall-Lerner condition to explain how the trade balance of South Africa would be affected in the medium run by a real appreciation of the Rand