According to the J-Curve Concept,which of the Following Is False--That

question 52

Multiple Choice

According to the J-curve concept,which of the following is false--that the effects of a currency depreciation on the balance of payments are:

• A) Transmitted primarily via the income adjusted mechanism
• B) Likely to be adverse or negative in the short run
• C) In the long run positive,given favorable elasticity conditions
• D) Influenced by offsetting devaluations made by other countries

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Definitions:

Bylaws

The internal rules of management adopted by a corporation at its first organizational meeting.

Incorporate

The process of legally forming a corporation, which is a type of business entity recognized as separate from its owners.

Articles Of Incorporation

The document that is filed with the appropriate state official, usually the secretary of state, when a business is incorporated and that contains basic information about the corporation.

Registered Office

The official address of a company or organization, registered with the appropriate legal authorities, where official documents are sent.