Topic Videos
Brexit and the J Curve Effect
- Level:
- A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
The external value of the pound has been falling since the referendum vote to leave the European Union. But, so far, there is little sign of an improvement in the UK trade balance in goods and services. This is mainly because depreciations take time to sink in to help export sales and also that import prices have risen and fed through quickly into higher spending on overseas products such as imported foodstuffs and energy. Are we seeing a J curve effect at work as we head into 2017?
Pound loses a fifth of its value amid Brexit instabilityhttps://t.co/ZyNhRaCFhR
— The Independent (@Independent) January 8, 2017
You might also like
Balance of Payments (Revision Presentation)
Teaching PowerPoints
Balance of Payments - Current Account Deficits
Study Notes
Balance of Payments - Trade Imbalances
Study Notes
Balance of Payments - Policies to Improve Trade
Study Notes
Exchange Rates - Marshall Lerner Condition
Study Notes
Macroeconomic Objectives and Conflicts (Revision Presentation)
Teaching PowerPoints