REVIEW: The J Curve Carnegie Council for Ethics in International Affairs
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National trade deficits usually get worse before they get better.This pattern resembles a "J" on graphs and so economists call it the J curve. Ian Bremmer noticed that countries also follow a J curve, which describes the relationship between a country's openness and its stability.
National trade deficits usually get worse before they get better.This pattern resembles a J on graphs and so economists call it the J curve. Ian Bremmer noticed that countries also follow a J curve, which describes the relationship between a country's openness and its stability.
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