国际经济学作业答案第五章Word格式.docx

国际经济学作业答案第五章Word格式.docx

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（e）Noneoftheabove.

Answer:

C

2.Acountrycannotproduceamixofproductswithahighervaluethanwhere

（a）theisovaluelineintersectstheproductionpossibilityfrontier.

（b）theisovaluelineistangenttotheproductionpossibilityfrontier.

（c）theisovaluelineisabovetheproductionpossibilityfrontier.

（d）theisovaluelineisbelowtheproductionpossibilityfrontier.

（e）theisovaluelineistangentwiththeindifferencecurve.

B

3.Tastesofindividualsarerepresentedby

（a）theproductionpossibilityfrontier.

（b）theisovalueline.

（c）theindifferencecurve.

（d）theproductionfunction.

4.IfPC/PFweretoincreaseintheinternationalmarketplace,then

（a）allcountrieswouldbebetteroff.

（b）thetermsoftradeofclothexportersimprove.

（c）thetermsoftradeoffoodexportersimprove.

（d）thetermsoftradeofallcountriesimprove.

（e）Noneoftheabove

5.IfP

C/PFweretoincrease,

（a）theclothexporterwouldincreasethequantityofclothexports.

（b）theclothexporterwouldincreasethequantityofclothproduced.

（c）thefoodexporterwouldincreasethequantityoffoodexports.

（d）Both（a）and（c）.

6.IfPC/PFweretoincrease,

（a）worldrelativequantityofclothsuppliedanddemandedwouldincrease.

（b）worldrelativequantityofclothsuppliedanddemandedwoulddecrease.

（c）worldrelativequantityofclothsuppliedwouldincreases.

（d）worldrelativequantityofclothdemandedwoulddecrease.

7.Whentheproductionpossibilityfrontiershiftsoutrelativelymoreinonedirection,wehave

（a）biasedgrowth.

（b）unbiasedgrowth.

（c）immiserizinggrowth.

（d）balancedgrowth.

（e）imbalancedgrowth.

A

8.Export-biasedgrowthinCountryHwill

（a）improvethetermsoftradeofCountryH.

（b）triggeranti-biasregulationsoftheWTO.

（c）worsenthetermsoftradeofCountryF（thetradepartner）.

（d）improvethetermsoftradeofCountryF.

（e）decreaseeconomicwelfareinCountryH.

D

9.Immiserizinggrowthis

（a）likelytooccuriftheexportingcountryispoor.

（b）likelytooccuriftheexportingcountryisrich.

（c）likelytooccurwhentermsoftradechange.

（d）likelytooccurifrelativesuppliesareelastic.

E

10.IftheU.S.AgencyforInternationalDevelopmenttransfersfundstopoorcountriesinSub-SaharanAfrica,thismust

（a）worsentheU.S.termsoftrade.

（b）improvetheU.S.termsoftrade.

（c）worsenthetermsoftradeoftheAfricanaidrecipients.

（d）improvethetermsoftradeoftheAfricanaidrecipients.

11.IfthepoorUSAIDrecipientcountrieshaveahighermarginalpropensitytoconsumeeachandeveryproductthandoestheUnitedStates,thensuchaidwill

（c）leavetheworldtermsoftradeunaffected.

（d）worsenthetermsoftradeofbothdonorandrecipientcountries.

12.IftheU.S.hasahighermarginalpropensitytoconsume（MPC）importsascomparedtobothitsMPCforexportablesandnontradables,thensuchaidwill

13.IftheU.S.（alargecountry）imposesatariffonitsimportedgood,thiswilltendto

（a）havenoeffectontermsoftrade.

（b）improvethetermsoftradeofallcountries.

（c）improvethetermsoftradeoftheUnitedStates.

（d）causeadeteriorationofU.S.termsoftrade.

（e）raisetheworldpriceofthegoodimportedbytheUnitedStates.

14.IftheU.S.（alargecountry）imposesatariffonitsimportedgood,thiswill

（a）havenoeffectoneconomicwelfare.

（c）improvetheeconomicwelfareoftheUnitedStates.

（d）harmtheeconomicwelfareofU.S.’tradingpartners.

15.Acountrywillbeabletoconsumeabundlewhichisnotattainablesolelyfromdomesticproductiononlyif

（a）theworldtermsoftradedifferfromitsdomesticrelativecosts.

（b）thecountryspecializesinoneproduct.

（c）thecountryavoidsinternationaltrade.

（d）theworldtermsoftradeequalthedomesticrelativecosts.

16.Termsoftraderefersto