The J Curve Effect Is the Initial Worsening of the U.S

question 48

True/False

The J curve effect is the initial worsening of the U.S. trade balance due to a weakening dollar because of established trade relationships that are not easily changed; as the dollar weakens, the dollar value of imports initially rises before the U.S. trade balance is improved.

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Not-For-Profit Corporation

A type of legal entity organized for purposes other than generating profit. Any surplus revenues are used to further its objectives rather than distributed to shareholders.

Surplus Revenue

the amount of income that exceeds the total cost of operations, often discussed in the context of businesses and government budgets.

Members

Individuals who belong to a group, organization, or body, having certain rights, roles, or obligations within it.

Not-For-Profit Corporation

An organization formed for purposes other than generating profit, where any income generated is used in pursuing its goals instead of being distributed as dividends.