Question: True or False. If you answer False, then explain why the statement is false (1 line). If you answer True, do NOT explain. The J-Curve
"True" or "False." If you answer "False", then explain why the statement is false (1 line). If you answer "True", do NOT explain.
"The J-Curve suggests a non-linear relationship between currency depreciations and trade balances that depends on the lagged response of exports (relative to imports) to currency changes."
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