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Showing 1 to 2 of 2 for “"Exhange rates"”.
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Exchange rate and trade balance in Zambia: An empirical investigation of the J-Curve effect
… the short run the trade balance initially deteriorates but eventually improves over the long run. Therefore, the response of trade balance to exchange rate appears to follow the J-Curve. The Marshal-Lerner condition for depreciation to improve trade balance is met in the long run, but not in the …
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Exchange rate and trade balance in Zambia: An empirical investigation of the J-Curve effect
… the short run the trade balance initially deteriorates but eventually improves over the long run. Therefore, the response of trade balance to exchange rate appears to follow the J-Curve. The Marshal-Lerner condition for depreciation to improve trade balance is met in the long run, but not in the …