- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 15. Currency Exchange Rates
- Subject 6. Exchange Rates, International Trade, and Capital Flows
CFA Practice Question
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
Correct Answer: C
User Contributed Comments 0
You need to log in first to add your comment.