The J-curve effect implies that following a currency appreciation, a country's trade balance
A) worsens before it improves.
B) continually worsens.
C) improves before it worsens.
D) continually improves.

Question

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The Answer of The J-curve effect implies that following a currency appreciation, a country's trade balance
A) worsens before it improves.
B) continually worsens.
C) improves before it worsens.
D) continually improves.

The J-Curve Effect Implies That Following a Currency Appreciation, a Country's