| 单词 | J-curve |
| 释义 | J-curve A model of the delayed effects of devaluation on the balance of trade. Devaluation allows the foreign price of exports to fall and the domestic price of imports to rise immediately. Time is needed, however, for orders to be obtained and contracts negotiated before the quantity of exports rises and the quantity of imports falls. There is thus likely to be an initial worsening of the trade balance—the downward part of the J—for, say, two or three quarters, before the trade balance starts to improve—the upward part of the J—following devaluation. |
| 随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。