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According to the J-curve model, the current account could -----after a domestic currency depreciation then increase gradually as the --------begins to dominate the value effect.
According to the J-curve model, the current account could -----after a domestic currency depreciation then increase gradually as the
--------begins to dominate the value effect.
gradually increase, Fisher effect
immediately decrease, volume effect
immediately increase, Fisher effect
gradually decrease, volume effect
immediately decrease, Fisher effect
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