The bald eagle was selected as the national bird of the USA all the way back in 1782, when America’s independence was new, exciting, and on everyone’s minds.
It was placed on the Great Seal, which is used for government institutions, official documents, and the president’s flag, to name just a few ...
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YExplain the J-curve effect when domestic currency is appreciated
Explain the J-curve effect when domestic currency is appreciated 3jjGN
The J-curve effect is often cited in economics to describe. When a country’s currency appreciates, a reverse J-curve may occur.
In the short-term, domestic currency increases will make the balance of trade high. The quantity is mostly unchanged because the behaviour of customers cannot change immediately. It may cause that was no subtitle goods and the domestic productivity cannot need the demand immediately. The price of exports will increase and the price of imports will decrease. The demand for exports is more than imports, so the balance of trade is higher in the short term.
In the long-term, domestic currency increases will make the balance of trade low
The J-curve effect is
often
cited in economics to describe
. When a country’s currency appreciates, a reverse J-curve may occur.
In the short-term, domestic currency increases will make
the balance of trade high. The quantity is mostly
unchanged because
the behaviour
of customers cannot change
immediately. It may cause that was no subtitle goods
and the domestic productivity cannot need the demand immediately. The price of exports will increase and the price of imports will decrease. The demand for exports is more than imports, so
the balance of trade is higher in the short term.
In the long-term, domestic currency increases will make
the balance of trade lowDo not write below this line
Official use only
CC
5.5
LR
6.0
GR
6.5
TA
6.0
OVERALL BAND SCORE
5.0
IELTS essay Explain the J-curve effect when domestic currency is appreciated
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often
because
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