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The J-curve illustrates which of the following? a. the short-run effects of depreciation on the current account. b. the effects of appreciation on the home

The J-curve illustrates which of the following?

a. the short-run effects of depreciation on the current account.

b. the effects of appreciation on the home country's economy.

c. the immediate increase in current account caused by a currency depreciation.

d. the gradual adjustment of home prices to a currency depreciation.

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