The U.S. Dollar depreciated markedly against the yen in the early 1990s, and yet U.S. Net imports

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The U.S. Dollar depreciated markedly against the yen in the early 1990s, and yet U.S. Net imports from japan continued to rise in the short run. How might this counterintuitive behavior be explained?

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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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Question Posted: Dec 02, 2015 04:30 AM

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The U.S. Dollar depreciated markedly against the yen in the early 1990s, and yet U.S. Net imports

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This could be explained in terms of a Jcurve phenomenon If ...View the full answer

International Economics

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