[Solved] The J-curve effect states that A)appreciation of a currency always worsens the trade balance unless it is accompanied by an expenditure-reducing policy B)depreciation of a currency immediately improves the trade balance C)depreciation of a currency may initially worsen the trade balance but will ultimately improve it D)in the short run the physical volume of trade is affected by a currency depreciation, but in the long run the change in trade is offset by the change in relative prices E)large exchange rate changes may lead to changes in trade patterns that persist even after exchange rates return to their initial level Regulated: Controlled or governed according to rules or principles, often by a governmental body to ensure fairness, safety, or efficiency. Communications Decency Act: A section of the Telecommunications Act of 1996 aimed at regulating pornographic material on the internet, with significant portions later declared unconstitutional. Indecent: Offensive, inappropriate, or not conforming to accepted standards of morality and decency. Sexual Material: Content that depicts or discusses sexual behavior in a manner that is intended to stimulate erotic rather than aesthetic or emotional feelings.