J curve

[RichaS]

The  J curve illustrates which of the following  ?

A) effects of depriciation on home country's economy

B) immediate increase in the current account caused by the currency depriciation

C) gradual adjustment of home prices to a currency depriciation

D) short term effects of depriciation on current account

[Akanksha_1901]

C

[Niket]

D.
This question came today in HCU.

[Niket]

For reference-

https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwid7M6N06PUAhUQUI8KHUF2Bt8QFggoMAA&url=http%3A%2F%2Fsysb.kmu.edu.cn%2Fdown%2Fxtda%2F16.doc&usg=AFQjCNG9m2ym4139ENvSIrNjJsYmiZxllg&cad=rja 

[subhraminion]

D

[Akanksha_1901]

D is correct