J-Curve
J-Curve - Definition Refers to the tendency of a country's trade balance following a participant Devaluation or Depreciation . A rising exchange Rate initially means imports are more expensive, which makes the Current Account worse (a bigger Deficit or lower surplus).
What is J-Curve?
J-Curve - Definition Refers to the tendency of a country’s trade balance following a participant Devaluation or Depreciation . A rising exchange Rate initially means imports are more expensive, which makes the Current Account worse (a bigger Deficit or lower surplus).
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