The J-Curve Effect Explains That After a Currency Depreciates in Value

The J-curve effect explains that after a currency depreciates in value

A) price effects are stronger in the short run; volume effects are stronger in the long run
B) price effects are outweighed by volume effects in both the short and long runs
C) volume effects are outweighed by price effects in the long run but not in the short run
D) net exports do not suffer as the price and volume effects offset each other in the long run
E) net exports suffer in the long run as the price effects become zero

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