最新国际贸易学 quiz2ppt课件.ppt

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1、2The United States is less dependent on trade than most other countries becauseA) the United States is a relatively large country with diverse resources.B) the United States is a Superpower.C) the military power of the United States makes it less dependent on anything.D) the United States invests in

2、 many other countries.E) many countries invest in the United States.9 Answer: B Page Ref: 17 Difficulty: Easy10In order to know whether a country has a comparative advantage in the production of one particular product we need information on at least _ unit labor requirementsA) oneB) twoC) threeD) fo

3、urE) five11 Answer: D Page Ref: 29 Difficulty: Easy12 Given the information in the table above, Homes opportunity cost of cloth is:A) 0.5B) 2.0C) 6.0D) 1.5E) 3.0Unit Labor RequirementsClothWidgetsHome1020Foreign603013 Answer: A Page Ref: 29 Difficulty: Moderate14If two countries have identical produ

4、ction possibility frontiers, then trade between them is likely to be beneficial ifA) their supply curves are identical.B) their cost functions are identical.C) their demand conditions are identical.D) their incomes are identical.E) their demand functions differ.15 Answer: E Page Ref: 37 Difficulty:

5、Moderate16International trade can have important effects on the distribution of income becauseA) different industries employ different factors of production.B) of government corruption.C) the more powerful country dictates the terms of trade.D) rich countries take advantage of poor countries.E) diff

6、erent countries use different currencies.17 Answer: A Page Ref: 50 Difficulty: Easy18In the specific factors model, the effects of trade on welfare overall are _ and for fixed factors used to produce the exported good they are _.A) positive; positiveB) negative; positiveC) positive; negativeD) ambig

7、uous; positiveE) positive; ambiguous19 Answer: A Page Ref: 63-65 Difficulty: Easy20Those who will unambiguously gain from free trade are _ factors in sectors that produce goods that are _.A) mobile; also importedB) immobile; also importedC) immobile; exportedD) mobile; exportedE) mobile; untraded21

8、Answer: C Page Ref: 65-68 Difficulty: Easy22In the 2-factor, 2 good Heckscher-Ohlin model, the two countries differ inA) tastes and preferences.B) military capabilities.C) the size of their economies.D) relative abundance of factors of production.E) labor productivities.23 Answer: D Page Ref: 80 Dif

9、ficulty: Easy24According to the Heckscher-Ohlin model,A) the gainers from trade could compensate the losers and still retain gains.B) everyone gains from trade.C) the scarce factor gains from trade and the abundant factor loses.D) a country gains from trade if its exports have a high value added.E)

10、only the country with the more advanced technology gains from trade.25 Answer: A Page Ref: 92 Difficulty: Easy26The Leontieff ParadoxA) refers to the finding that U.S. exports were more labor intensive than its imports.B) refers to the finding that U.S. Exports were more capital intensive than its e

11、xports.C) refers to the finding that the U.S. produces outside its Edgeworth Box.D) still accurately applies to todays pattern of U.S. international trade.E) refers to the fact that Leontieff, an American economist, had a Russian name.27 Answer: A Page Ref: 98-99 Difficulty: Easy28Tastes of individu

12、als are represented byA) the terms of trade.B) production possibility frontiers.C) isovalue lines.D) production functions.E) indifference curves. 29 Answer: E Page Ref: 114 Difficulty: Easy30If Slovenia is a small country in world trade terms, then if it imposes a large series of tariffs on many of

13、its imports, this wouldA) have no effect on its terms of trade.B) improve its terms of trade.C) deteriorate its terms of trade.D) decrease its marginal propensity to consume.E) increase its exports.31 Answer: A Page Ref: 126 Difficulty: Easy32If one observes that Japan was traditionally a net foreig

14、n lender, one could conclude that relative to its international trade and financial partnersA) Japans intertemporal production possibilities are biased toward present consumption.B) Japans intertemporal production possibilities are biased toward future consumption.C) Japans intertemporal production

15、possibilities are larger than that of the other countries.D) Japans intertemporal production possibilities are not biased.E) Japan preferred to consume beyond its production in the present.33 Answer: A Page Ref: 128 Difficulty: Easy34External economies of scale arise when the cost per unitA) falls a

16、s the industry grows larger and rises as the average firm grows larger.B) rises as the industry grows larger and falls as the average firm grows larger.C) falls as the industry and the average firm grows larger.D) remains constant over a broad range of output.E) rises as the industry and the average

17、 firm grows larger.35 Answer: C Page Ref: 138 Difficulty: Easy36A monopolistic firm A) will never sell a product whose demand is inelastic at the quantity sold. B) can sell as much as it wants for any price it determines in the market. C) cannot determine the price, which is determined by consumer d

18、emand. D) cannot sell additional quantity unless it raises the price on each unit. E) will always earn a profit in the long run.37 Answer: E Page Ref: 157-159 Difficulty: Easy38 Intra-industry trade is most common in the trade patterns of A) the industrial countries of Western Europe. B) the developing countries of Asia and Africa. C) raw material producers. D) China with the rest of the world. E) labor-intensive products.39 Answer: A Page Ref: 164-171 Difficulty: Easy