The Standard Model of Trade and the Marshall – Lerner Condition

There are similarities between standard trade model and Marshall-Lerner condition. However, in order to see whether the condition can work both ways (with decrease and increase of the currency exchange rate), and the properties of this model could be thoroughly utilized, the revaluation case is bein...

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Bibliographic Details
Main Author: Julian Krzyżanowski
Format: Article
Language:English
Published: Warsaw University of Life Sciences Press 2017-12-01
Series:Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego
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Online Access:https://prs.sggw.edu.pl/article/view/2929
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