The J-Curve Effect Received Wide Attention When

question 69

Multiple Choice

The J-curve effect received wide attention when

• A)the British trade balance worsened after a strengthening of the pound in 1967.
• B)the British trade balance worsened after a devaluation of the pound in 1967.
• C)the British trade balance improved after a devaluation of the pound in 1967.
• D)none of the options

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Definitions:

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