@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
@prefix isothes: <http://purl.org/iso25964/skos-thes#> .

<https://concepts.sagepub.com/social-science/concept/Marshall-Lerner_condition>
  skos:definition "The Marshall-Lerner condition, named after British economist Alfred Marshall (1842–1924) and American economist Abba Lerner (1903–82), is an often-asserted economic statement that specifies the circumstances under which a downward movement of the exchange rate, arising from either market-determined depreciation or monetary authority devaluation, will exert a favorable influence on a nations balance of trade. A decrease in the value of the domestic currency with respect to a specified foreign currency will alter the relative price of imports and exports. [Source: <a href=\"https://sk.sagepub.com/reference/businesstoday/n625.xml\" target=\"_blank\" data-id=\"to-sk\">Encyclopedia of Business in Today's World; Marshall-Lerner Condition</a>]"@en ;
  skos:broader <https://concepts.sagepub.com/social-science/concept/international_monetary_system> ;
  skos:prefLabel "Marshall-Lerner condition"@en ;
  a skos:Concept .

<https://concepts.sagepub.com/social-science/concept/conceptgroup/concepts>
  a skos:Collection, isothes:ConceptGroup ;
  skos:prefLabel "concepts"@en ;
  skos:member <https://concepts.sagepub.com/social-science/concept/Marshall-Lerner_condition> .

<https://concepts.sagepub.com/social-science/concept/international_monetary_system>
  skos:prefLabel "international monetary system"@en ;
  a skos:Concept ;
  skos:narrower <https://concepts.sagepub.com/social-science/concept/Marshall-Lerner_condition> .