J-curve Hear it!

J-curve definition

J·-curve (jā′kʉrv′)

noun

a curve which, in some economic theories, indicates that a decline in the value of a nation's currency initially causes an increase, and then a decrease, in that nation's balance-of-trade deficit

Etymology: descriptive of its shape on a graph

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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