The _____ Effect Explains That,after a Depreciation of a Nation's

question 43

Multiple Choice

The _____ effect explains that,after a depreciation of a nation's currency,the trade balance will worsen for a period of time and then improve.

• A)J-curve
• B)absorption
• C)pass-through
• D)Marshall-Lerner

---

Definitions:

Depression

Depression is a mental health disorder characterized by persistently low mood, a feeling of sadness, and a lack of interest or pleasure in daily activities.

Organic Disorders

Medical conditions caused by physiological changes in the body's tissues or organs that affect psychological functioning.

Schizophrenia

A mental disorder characterized by disrupted thought processes, perceptions, emotional responsiveness, and social interactions.

Expectancies

Beliefs or assumptions about the likelihood of future events occurring, often influencing individuals' behavior and decision-making.