

MCQOPTIONS
Saved Bookmarks
1. |
The J-curve effect refers to the observation that ? |
A. | GDP usually decreases before it increases after a currency depreciation |
B. | the trade balance usually gets worse before it improves after a currency depreciation |
C. | the trade balance usually gets better before it gets worse after a currency appreciation |
D. | GDP usually decreases before it increases after a currency appreciation |
Answer» C. the trade balance usually gets better before it gets worse after a currency appreciation | |