Dictionary

J Curve

  • Updated on
A renowned economic theory, J Curves reflects upon a few assumptions and asserts that a nation's trade deficit will originally fall post currency depreciation. This is catalysed by greater prices on imports which will ideally exceed decreased volume of the country?s imports.

Term of the day

Absolute Advantage

What is an Absolute Advantage? Absolute advantage is one of the key macroeconomic terms, which is based on the principles of Capitalism and is often utilised i......
[ Read More ]
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK