What is the correct label for the vertical axis in the J-curve?
A)Time
B)Change in the Trade Balance
C)Size of Trade Balance
D)Size of Merchandise Trade Balance

Name: What is the correct label for the vertical axis in the J-curve? A)Time B)Change in the Trade Balance C)Size of Trade Balance D)Size of Merchandise Trade Balance
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Question

What is the correct label for the vertical axis in the J-curve? 
A)Time 
B)Change in the Trade Balance 
C)Size of Trade Balance 
D)Size of Merchandise Trade Balance

Quizplus · Accepted Answer

The J-curve measures the change in the trade balance over time. Therefore, the correct label for the vertical axis is "Change in the Trade Balance".

What Is the Correct Label for the Vertical Axis in the J-Curve