According to J-curve theory,imports initially increase after a country's currency depreciates,but in the long run imports decrease.

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J-curve theory suggests that when a country's currency depreciates, there is initially an increase in imports as foreign goods become relatively cheaper. However, over time, as domestic industries become more competitive and efficient, there is a decrease in imports. This leads to a curve that initially dips (due to increased imports) but eventually rises (due to decreased imports).

According to J-Curve Theory,imports Initially Increase After a Country's Currency