Question: The J-curve effect shows Multiple Choice the initial deterioration and the eventual improvement of a country's trade balance following a currency depreciation the initial improvement

The "J-curve effect" shows Multiple Choice the initial deterioration and the eventual improvement of a country's trade balance following a currency depreciation the initial improvement and the eventual depreciation of a country's trade balance following a currency depreciation. the trade balance's lack of responsiveness to the exchanges rate changes. none of the options
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