According to the J-Curve Effect,an Appreciation of the Yens Exchange

question 60

Multiple Choice

According to the J-curve effect,an appreciation of the yens exchange value has:

• A) No impact on the Japanese trade balance in the short run
• B) No impact on the Japanese trade balance in the long run
• C) An immediate negative effect on the Japanese trade balance
• D) An immediate positive effect on the Japanese trade balance