The fact that the balance of trade normally falls before increasing after a devaluation is known as
A) the J-curve.
B) the pass-through effect.
C) the balance of payments paradox.
D) the indifference reflection.
Question 2
Since World War II, the likelihood that the job of a new college graduate will be directly or indirectly affected by world trade
A) remained constant.
B) increased.
C) decreased.
D) fluctuated widely with no clear trend.
E) increased slightly before dropping off.