Question
  Which of the following best explains why the
J-curve effect occurs?Solution
The J-curve effect occurs because import and export contracts are fixed in the short-term causing delayed adjustments.  J Curve refers to a change in the country’s balance of trade , often following a currency devaluation or depreciation. A weak currency means that imports will be costly, while it will be more profitable to export commodities. The imbalance leads to a fall in the current account, hence a smaller surplus or a bigger deficit. Immediately after the devaluation of a currency, there will be a lag in changing the consumption of imports. The demand for expensive imports and the demand for cheaper exports will be unchanged in the short run, as consumers look for cheaper alternatives. 
- Sentences of a paragraph are given below in jumbled order. Arrange the sentences in the correct order to form a meaningful and coherent paragraph.
... 1. During the science
P. lab, the students
Q. was gooey enough
R. to stick to the
S. created a glutinous mixture that
6. walls when thrown.
In the questions given below, a sentence has been broken down into four fragments labelled (A), (B), (C) and (D) and arranged, not necessarily in the c...
Given that 1 is the first sentence, which of the following will be the FOURTH sentence after rearrangement?
Which of these should be the FIFTH sentence after rearrangement?
What sentences should come 5th in the paragraph?
Choose the appropriate option to arrange the sentences in the correct order to form a meaningful paragraph.
1-Five men entered Ram’s house toda...
Given below are five jumbled sentences. Select the option that gives their correct logical sequence.
A: Unemployment is a state where individu...
Which of the following is the fourth sentence of the passage?
(a) From a dedicated space for book lovers, the Visakhapatnam Public Library today ...
Given below are four jumbled sentences. Out of the given options pick the one that gives their correct order.
A. As he looked at them, their head...
