The shorter the pass-through period, the ________ the desirable ...

[Starlight]

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.

[wshriver]

Answer to Question 1

A

Answer to Question 2

A

[Starlight]

TYSM

[juliaf]

Excellent