Marshall-Lerner conditions

A form of Marshall-Lerner condition — The condition that an exchange rate devaluation or depreciation will only cause a balance of trade improvement if the absolute sum of the long run export and import demand elasticities is equal to, or greater than 1.

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Meanings

noun
  1. pluralplural of Marshall-Lerner condition
Cite this entry
APA

Marshall-Lerner conditions. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/Marshall-Lerner%20conditions

MLA

“Marshall-Lerner conditions.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Marshall-Lerner%20conditions. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “Marshall-Lerner conditions,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/Marshall-Lerner%20conditions.

Source: Marshall-Lerner conditions on Wiktionary, CC BY-SA 4.0.