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What macroeconomic change bring about currency depreciation

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You observe that a country's currency depreciates while its current account worsens. What data might you look at to decide whether you are witnessing a J-curve effect? What other macroeconomic change might bring about a currency depreciation cou- pled with a deterioration of the current account, even if there is no J-curve?

Reference no: EM13868795

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