Question

If the exchange rate of some economy depreciates vis−a−vis US $ and if the Marshal Lerner condition is satisfied, then the current account deficit of that economy is expected to

A Increase
B Decrease
C Remain the same
D Can’t say
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)