单选题
The "J-curve" shows that following depreciation: （ ）
A、
The quantity of exports falls, making the current account balance worse.
B、
Here is an initial drop in imports but this is later reversed.
C、
The cost of imports rises immediately from the price effect, worsening the current account balance, but later quantities of imports and exports respond and the current account balance improves.
D、
There is an improvement in the balance of payments so long as the Marshall-Lerner conditions are met.
【正确答案】
C
【答案解析】
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