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Marshall-Lerner condition |
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Marshall-Lerner conditionThe condition that sum of the elasticities of demand for exports and imports exceed one (in absolute value); that is, hX + hM > 1, where hX, hM are the demand elasticities for a country's exports and imports respectively, both defined to be positive for downward sloping demands. Under certain assumptions, this is the condition for a depreciation to improve the trade balance, for the exchange market to be stable, and for international barter exchange to be stable.Similar MatchesTechnical condition of a marketTechnical condition of a marketDemand and supply factors affecting price, in particular, the net position, either net position or net position, of the net position community. Conditional sales contractsConditional sales contractsSimilar to equipment trust certificates, except that the lender is either the equipment manufacturer or a bank or finance company to which the manufacturer has sold the conditional sales contract. Conditional insuranceConditional insuranceThe borrower must sign up to one or more insurance policy with the lender in order to take out a specific mortgage. Check that the insurance premiums are competitive. CC and Rs (Covenants, Conditions and Restrictions)CC and Rs (Covenants, Conditions and Restrictions)Limitations placed on the use and enjoyment of real property. These are found most often in condominiums and planned unit developments. ConditionalityConditionalityThe requirements imposed by the IMF and World Bank on borrowing countries to qualify for a loan, typically including a long list of budgetary and policy changes comprising a structural adjustment program. Further SuggestionsConditional Sales ContractReport of Condition and Income bargain conditions apply Condition of the sale Statement of condition Conditional call options First order condition |
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