What is the term for the phenomenon where the trade balance initially worsens after a currency depreciation but improves over time?

Exchange-Rate Adjustments And The Balance of MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

Exchange-Rate Adjustments And The Balance of

PPSCFPSCNTSPakistan govt jobs
Subject
Exchange-Rate Adjustments And The Balance ofeconomics-mcqs › exchange-rate-adjustments-and-the-balance-of
Published
1 Jun 2019
Last updated
28 May 2026

Browse all Exchange-Rate Adjustments And The Balance of MCQs

Choose the correct answer

Explanation

The J Curve effect describes the situation where a country's trade balance deteriorates immediately after a currency depreciation but then improves as time passes and trade volumes adjust. This contrasts with concepts like relative price changes, elasticity, or pass-through, which refer to different economic mechanisms.

More in Economics Mcqs

PakQuizHub — free MCQs and past papers for Pakistan government job tests. Content is for educational practice only.