The J Curve Implies That a Real Depreciation Will Cause

Multiple Choice

The J curve implies that a real depreciation will cause

A) the nominal exchange rate to appreciate in the short run and depreciate in the long run.
B) the nominal exchange rate to depreciate in the short run and appreciate in the long run.
C) net exports to fall in the short run and rise in the long run.
D) net exports to rise in the short run and fall in the long run.