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8 years ago
The observation that the trade balance usually gets worse before it improves after a currency depreciation is referring to the:
A) trade imbalance postulate.
B) depreciation-appreciation uplink.
C) XM factor.
D) J-curve effect.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
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JesslynJesslyn
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NYC Author
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8 years ago
Thanks for answering Slight Smile
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