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Keywords: Elasticity
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Journal Articles
African Journal of Economic and Management Studies (2023) 14 (4): 757–775.
Published: 18 August 2023
... in the WAEMU countries. The analytical framework for this relationship is known as the “MLRC”. According to this condition, a depreciation of the national currency does not deteriorate the balance of current transactions if the sum of the price elasticities of imports and exports is greater than 1. Several...
