international finance

4 12. The J-Curve adjustment path for adjusting trade imbalances hypothesizes that for a country with a trade balance deficit: t of Select one: O a. A revaluation of the country's currency will result in an initial further deterioration of the trade imbalance before improvement. O b. A devaluation of the country's currency will result in an initial further deterioration of the trade imbalance before improvement. O c. A devaluation of the country's currency will result in an initial improvement of the trade imbalance before deterioration. d. None of the above