If your assets are highly liquid, this means you can make transactions on short notice

Figure 4.4 illustrates the supply of tacos. If the government offered a subsidy to Mexican restaurants for each taco they produce, this would most likely cause a movement from

A) point a to point c. B) point c to point b. C) S0 to S1. D) S2 to S1.

A nation's comparative advantage in the production of an item is determined by:

A. wage rates and other input costs. B. the total and marginal costs of producing the item. C. the opportunity cost of producing the item relative to a trading partner's opportunity cost. D. which country has already specialized in the production of the item.