This is British usage and I'm in the US, so I'm on shaky ground with this. Flow-on effect apparently means a direct effect, and knock-on effect apparently means an indirect effect. For example: The devaluation of the country's currency has a flow-on (direct) effect on it's economy.
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This is British usage and I'm in the US, so I'm on shaky ground with this. Flow-on effect apparently means a direct effect, and knock-on effect apparently means an indirect effect. For example:
The devaluation of the country's currency has a flow-on (direct) effect on it's economy.
An increase in the unemployment rate has a knock-on (indirect) effect on a country's econ