Economics-Exchange Rate and Trade Balance: J-curve Effect

DOI: 10.2298/PAN1001023P Original scientific paper Pavle Petrović Faculty of Economics, University of Belgrade, Serbia Exchange Rate and Trade Balance: J-curve Effect Summary: This paper shows that exchange rate depreciation in Serbia improves trade balance in the long run, while giving rise to a J-curve effect in the short run. These results add to the already

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