Author Question: The shorter the pass-through period, the ________ the desirable BOT effects of devaluation on ... (Read 109 times)

Starlight · **on:** Jun 30, 2018

The shorter the pass-through period, the ________ the desirable BOT effects of devaluation on quantities traded will appear.

A) sooner
B) longer
C) bigger
D) smaller

Question 2

The existence of internal economies of scale

A) cannot be associated with a perfectly competitive industry.
B) may be associated with a perfectly competitive industry.
C) is associated only with sophisticated products such as aircraft.
D) cannot form the basis for international trade.
E) focuses more on the industry than individual firms.