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Basic Question 11 of 15
The Marshall-Lerner condition deals with the impact of currency depreciation on ______.
B. the purchasing power of money balances
C. relative prices
A. domestic income
B. the purchasing power of money balances
C. relative prices
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Learning Outcome Statements
describe exchange rate regimes and explain the effects of exchange rates on countries' international trade and capital flows
CFA® 2025 Level I Curriculum, Volume 1, Module 7.