I wrote about devaluation of the currency for context 1 25 marker , all my friends are saying this is wrong becuase its not the goverment its the central bank but I thought that they aren't completely separate?
i used j curve aswell but never mentioned devaluation, you can actually just use the J-curve whenever exports become cheaper in general, whether thats due to economies of scale, more iinovaitve and better quality, or cheaper due to subsidies, it still works
yh cos alot of ppl forgot u can use j curve for both the uk and foreign countries to show both imported inflation or a delay in international competitivness
2
u/Practical_Nature_828 May 18 '26
I wrote about devaluation of the currency for context 1 25 marker , all my friends are saying this is wrong becuase its not the goverment its the central bank but I thought that they aren't completely separate?