The J-curve effect implies that following a currency appreciation,a country's trade balance:
A) Worsens before it improves
B) Continually worsens
C) Improves before it worsens
D) Continually improves

Question

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The Answer of The J-curve effect implies that following a currency appreciation,a country's trade balance:
A) Worsens before it improves
B) Continually worsens
C) Improves before it worsens
D) Continually improves

The J-Curve Effect Implies That Following a Currency Appreciation,a Country's