Economics · International Trade
According to the Marshall-Lerner condition, a country can improve its balance of payments through currency devaluation when the sum of the price elasticities of demand for exports and imports is ______.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1zero
- 2greater than unity✓
- 3equal to unity
- 4less than unity
Correct answer
greater than unity
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice International Trade MCQs →Want more practice questions on International Trade?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · International Trade