国际经济学作业答案-第七章文档格式.doc

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国际经济学作业答案-第七章文档格式.doc

Answer:

B

2. Theslopeoftheproductionfunctionmeasures

(a) thephysicalincreaseinoutputascountrygrows.

(b) thedollar-valueincreaseinoutputasacountrygrows.

(c) theincreaseinnumberofworkersasimmigrationproceeds.

(d) themarginalproductoflabor.

(e) themarginalproductofcapital.

D

3. Internationalfreelabormobilitywillunderallcircumstances

(a) increasetotalworldoutput.

(b) improvetheeconomicwelfareofeveryone.

(c) improvetheeconomicwelfareofworkerseverywhere.

(d) improvetheeconomicwelfareoflandlords(orcapitalowners)everywhere.

(e) Noneoftheabove.

E

4. IftheworldattainedaperfectHeckscher-Ohlinmodelequilibriumwithtrade,then

(a) workersinthelaborabundantcountrywouldmigratetothecapitalabundantcountry.

(b) workersinthelaborabundantcountrywouldwishtomigratetothecapitalabundantcountry.

(c) workersinthelaborabundantcountrywouldhavenodesiretomigratetothecapitalabundantcountry.

(d) workersinthecapitalabundantcountrywouldwishtomigratetothelaborabundantcountry.

(e) workersinthecapitalabundantcountrywouldmigratetothelaborabundantcountry.

C

5. Duringthemassmigrationperiodoflate19th-early20thcenturies,

(a) wagesroseintheorigincountriesandfellinthedestinationcountries.

(b) wagesfellintheorigincountriesandroseinthedestinationcountries.

(c) wagesgenerallyrosefasterintheorigincountries.

(d) wagesgenerallyrosefasterinthedestinationcountries.

(e) wagesgenerallyfellfasterintheorigincountries.

6. Internationalborrowingandlendingmaybeinterpretedasoneformof

(a) intermediatetrade.

(b) inter-temporaltrade.

(c) tradeinservices.

(d) unrequitedinternationaltransfers.

7. Therelativepriceoffutureconsumptionis

(a) theinterestrate.

(b) unknownatanygiventime.

(c) therealinterestrate.

(d) therelativeinterestrate.

8. Acountrythathasacomparativeadvantageinfutureproductionofconsumptiongoods

(a) willtendtobeaninternationalborrower.

(b) willtendtohavelowrealinterestrates.

(c) willtendtobeaninternationalinvestororlender.

(d) willtendtohavegoodworkethics.

A

9. AU.S.multinationalcorporation

(a) hasacontrollingshareinaforeignsubsidiaryandisnotitselfforeigncontrolled.

(b) isforeigncontrolledandhasnocontrollingshareinaforeigncompany.

(c) hasacontrollingshareinaforeignsubsidiaryandmayitselfbeforeigncontrolledbyaforeigncompany.

(d) isaU.S.companywhosemajormarketsareoutsidetheUnitedStates.

10. Whyagoodisproducedintwodifferentcountriesisknownasthequestionof

(a) internalization.

(b) verticalintegration.

(c) exploitation.

(d) location.

11. Internalizationdealswiththequestion

(a) whyworkersprefertoworkindoors

(b) internationalization

(c) whycomponentsareproducedbyonefirmratherthanbymany.

(d) Whyagoodisproducedintwodifferentcountries

(e) Noneoftheabove

12. Thehomelocationofmostoftheworld’slargemultinationalcompaniesis

(a) NorthAmericaandEurope.

(b) NorthAmericaandAsia.

(c) EuropeandSouthAmerica.

(d) EuropeandAsia.

13. Whichofthefollowingbestreferstotheoutrightconstructionorpurchaseabroadofproductivefacilitiesbydomesticresidents?

(a) Foreigndirectinvestment

(b) PortfolioInvestment

(c) Short-termcapitalinvestment.

(d) Long-termcapitalinvestment

14. MostdirectinvestmentintheUnitedStateshascomefrom

(a) Japan.

(b) Canada.

(c) WesternEurope.

(d) SouthAmerica.

(e) Asia.

15. MostU.S.directforeigninvestmentoccursin

(a) communications.

(b) agriculture.

(c) petroleum.

(d) manufacturing.

16. MostforeigndirectinvestmentintheUnitedStatesoccursin

17. Multinationalcorporationsmayprovidebenefitstotheirhomecountriesforthefollowingreasonsexceptwhichone?

(a) Securerawmaterialsforthesourcecountry

(b) Allowforexportsofproducts,whichinvolvecompany-specifictradesecrets

(c) Allowdomesticfirmstosecuretimelydeliveriesofcom

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