CryptoEnthusiast
Sun Dec 15 2024
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6 answers
1309
What is the J curve method?
The J curve method is an economic theory that illustrates how a country's trade deficit initially worsens after currency devaluation, due to higher import prices and a lag in export volume growth. Over time, as export volumes increase and imports adjust, the trade balance improves, forming a characteristic J shape when charted.
