In this video we explain the importance of the J Curve and the Marshall Lerner condition when evaluating the impact of a currency depreciation on a country's trade balance. #aqaeconomics #ibeconomics #edexceleconomics
Пікірлер: 10
@servantofallah80293 жыл бұрын
Thanks sir. Very informative
@keynestvsubbu23093 жыл бұрын
Super explanation
@tutor2u-official3 жыл бұрын
Thank you 🙂
@patrickandspongebob74203 жыл бұрын
Thank you for that sir.
@tutor2u-official3 жыл бұрын
Very welcome - good luck with your studies!
@andrewa75592 жыл бұрын
When evaluating depreciation/devaluation to fix current acc deficit, is it that you would make a point about the J curve effect OR the marshall lerner condition, or would you speak about both? if both, how?
@tutor2u-official2 жыл бұрын
I would put both together - they are really part of the same argument.
@andrewa75592 жыл бұрын
@@tutor2u-official Thank you!
@reetuparnavishwanath445311 ай бұрын
Trade deficit is Imports - Exports (M - X) and not the other way around as shown in the video.
@tutor2u-official6 ай бұрын
No - the trade balance is X-M If M >X then there will be a trade deficit If M