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Beschreibung
In this chapter, I present an analytical reformulation of the Marshall-Lerner condition under the assumption that the independence of the GDP from the exchange rate cannot be postulated in open economies in which the foreign trade flow/GDP ratio is high. This paper attempts to analyze how, in open economies in which the export and import flow/GDP ratio is very high, independence between the GDP and the exchange rate is not a plausible assumption, so the traditional version of the Marshall-Lerner condition is not sustained.
The Spanish Case
Details
| Verlag | Editorial Académica Española |
| Ersterscheinung | 19. Mai 2017 |
| Maße | 22 cm x 15 cm x 0.5 cm |
| Gewicht | 107 Gramm |
| Format | Softcover |
| ISBN-13 | 9783659656729 |
| Seiten | 60 |
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