Aftab, Zehra (contributor); Khan, Sajawal (contributor) - 2008
classification: F12, F14, F31
Keywords: J-Curve, Trade Balance, Marshall-Lerner Condition
1. INTRODUCTION
Exchange … and changing the relative price of traded and non-traded goods—The
Marshall-Lerner condition states that “if sum of …-Oskooee (1985)]. This shifts the focus from the Marshall-Lerner
condition to the j-curve phenomenon explained below.
Due to its …