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The Elasticity approach in BOP is associated with the Marshell-Learner condition which was worked and independently by these two economists. It studies the condition under which exchange rate changes restore equilibrium in BOP by devolving a country's currency. This approach is related to the price effect of devaluation. Topic Covered in this video: 1): What is Marshell-Learner Condition 0:59 2): Theory of Elasticity Approach 1:23 3): The J-Curve Effect 3:45 Pdf notes of this video https://drive.google.com/open?id=1f57... Subscribe our channel to get regular videos For UGC-NET/JRF exam 2020 ***************************** Watch our other Educational Videos What Is Classical Theory of International Trade? || Theory of International Trade Part 2 https://www.youtube.com/watch?v=Fx0TJ... What Is Classical Theory of International Trade? || Theory of International Trade https://www.youtube.com/watch?v=i8s86... Balance of Payment Policies || Internal & External Balance https://www.youtube.com/watch?v=skrYb... What is the Modern theory of factor Endowment? || Heckscher and Ohlin Theory https://www.youtube.com/watch?v=tCr-M... How Vanshika qualified UGC-NET in first attempt- https://www.youtube.com/watch?v=e-05a... What is Home Science ? | Study Material For Home Science | For UGC-NET https://www.youtube.com/watch?v=3FUl9... Facebook page- / kendrikaacad. . Join our Facebook Group- / netko. . Register for Online- Live Classes Call us at 7408286286, 8726660111 Visit us- www.kendrika.comPdf notes of this video https://drive.google.com/open?id=1f57... Subscribe our channel to get regular videos For UGC-NET/JRF exam 2020 ***************************** Watch our other Educational Videos What Is Classical Theory of International Trade? || Theory of International Trade Part 2 https://www.youtube.com/watch?v=Fx0TJ... What Is Classical Theory of International Trade? || Theory of International Trade https://www.youtube.com/watch?v=i8s86... Balance of Payment Policies || Internal & External Balance https://www.youtube.com/watch?v=skrYb... What is the Modern theory of factor Endowment? || Heckscher and Ohlin Theory https://www.youtube.com/watch?v=tCr-M... How Vanshika qualified UGC-NET in first attempt- https://www.youtube.com/watch?v=e-05a... What is Home Science ? | Study Material For Home Science | For UGC-NET https://www.youtube.com/watch?v=3FUl9... Facebook page- / kendrikaacad. . Join our Facebook Group- / netko. . Register for Online- Live Classes Call us at 7408286286, 8726660111 Visit us- www.kendrika.com