A quota ordinarily specifies both minimum and maximum amounts of goods that can come into a country

Based on Table 3.1, the pre-trade relative price of a computer in Mexico is

A) three pairs of shoes. B) one pair of shoes. C) one-half pair of shoes. D) one-third pair of shoes.

The focus of firm decisions in the short run is primarily on

A) variable inputs. B) capital investment. C) plant size. D) economies of scale.