According to the J-curve effect, an appreciation of the yen's exchange value has
A) no impact on the Japanese trade balance in the short run.
B) no impact on the Japanese trade balance in the long run.
C) an immediate negative effect on the Japanese trade balance.
D) an immediate positive effect on the Japanese trade balance.

Question

Quizplus · Accepted Answer

The Answer of According to the J-curve effect, an appreciation of the yen's exchange value has
A) no impact on the Japanese trade balance in the short run.
B) no impact on the Japanese trade balance in the long run.
C) an immediate negative effect on the Japanese trade balance.
D) an immediate positive effect on the Japanese trade balance.

According to the J-Curve Effect, an Appreciation of the Yen's