Nope.. "marine-grade" plywood is made from the same thing as exterior grade plywood, they are both allowed to have knots in the veneers, just no voids or knot holes in the interior plies on marine grade.
I put the marine-grade in quotes tho, because marine-grade doesn't always mean the same thing... the bottom of the barrel marine plywood will be softwood core and veneer with waterproof glue, however, BS 1088 certified marine plywood uses tropical hardwoods that are naturally more rot resistant and WBP glue which means it has to be boiled for an hour in water and not delaminate....
Point being, unless you are going to spend a lot of money on BS1088 certified marine ply, just use exterior grade, because thats essentially what you're getting with low end "marine-grade" ply.