国际经济学作业答案第五章文档格式.docx

国际经济学作业答案第五章文档格式.docx

《国际经济学作业答案第五章文档格式.docx》由会员分享，可在线阅读，更多相关《国际经济学作业答案第五章文档格式.docx（17页珍藏版）》请在冰豆网上搜索。

（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.IfPC/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

（a）whatgoodsareimported.

（b）whatgoodsareexported.

（c）thevolumeoftrade.

（d）thepricesatwhichtradeoccurs.

17.Ifacountry’s（net-barter）termsoftradeincrease（“improve”）weknowfromthisthateconomicwelfareinthiscountry

（a）increases

（b）increases,butonlyrelativetothatofitstradepartners

（c）isunchanged

（d）decreases

18.Ifpointsaandbarebothontheproductionpossibilityfrontierofacountry,then

（a）consumersareindifferentbetweenthetwobundles.

（b）producersareindifferentbetweenthetwobundles.

（c）atanypointintime,thecountrycouldproduceboth.

（d）Bothcostthesame.

（e）Thecountrycouldproduceeitherofthetwobundles.

19.Iftheeconomyisproducingatpointaonitsproductionpossibilityfrontier,then

（a）allofthecountry’sworkersarespecializedinoneproduct.

（b）allofthecounty’scapitalisusedforoneproduct.

（c）allofthecounty’sworkersareemployed.

（d）allofitscapitalisused,butnotefficiently.

20.IfatpointAontheproductionpossibilityfrontier,andthecommunityindifferencecurvecutsthroughpointafromnorthwesttosoutheast,thentheoptimalautarkyproductionbundleis

（a）atpointA.

（b）totherightofpointA.

（c）totheleftofpointA.

（d）tothenortheastofpointA.

（e）tothesouthwestofpointA.

21.Abundleindicatedbyapointtothenortheastoftheproductionpossibilityfrontieris

（a）unattainableatapointintime.

（b）unattainableatapointintimewithoutinternationaltrade.

（c）unattainableatapointintimewithoutdomestictrade.

（d）unattainableasaconsumptionpoint.

22.Iftwocountrieswithdiminishingreturnsanddifferentmarginalratesofsubstitutionbetweentwoproductsweretoengageintrade,then

（a）theshapesoftheirrespectiveproductionpossibilityfrontierswouldchange.

（b）themarginalratesofsubstitutionofbothwouldbecomeequal.

（c）thelargerofthetwocountrieswoulddominatetheirtrade.

（d）thecountrywithrelativelyelasticsupplieswouldexportmore.

23.IfacountrybeganexportingproductAandimportingproductB,then,ascomparedtotheautarky（no-trade）situation,themarginalcostofproductAwill

（a）increase.

（b）decrease.

（c）shiftoutward.

（d）shiftinward.

24.If,beginningfromafreetradeequilibrium,the（netbarter）termsoftradeimproveforacountry,thenitwill

（a）increaseproductionofitsimportcompetinggood.

（b）increaseconsumptionofitsexportgood.

（c）increasethequantityofitsimports.

（d）experienceanexport-biasedshiftinitsproductionpossibilityfrontier.

25.Ifasmallcountryweretolevyatariffonitsimportsthenthiswould

（a）havenoeffectonthatcountry’seconomicwelfare.

（b）increasethecountry’seconomicwelfare.

（c）decreasethecountry’seconomicwelfare.

（d）changethetermsoftrade.

26.Anincreaseinacountry’snetcommoditytermsoftradewillalways

（a）increasethecountry’seconomicwelfare.

（b）increasethecountry’srealincome.

（c）increasethecountry’squantityofexports.

（d）increasethecountry’sproductionofitsimportcompetinggood.

27.AfterWWI,Germanywasforcedtomakelargereparations—transfersofrealincome-toFrance.Ifthemarginalpropensitytoconsumewasequalinbothcountries,andifFrance’sdemandwasbiasedtowardfood（relativetoGermany’sdemandpattern）thenwewouldexpecttofind

（a）theworld’srelativepriceforfoodremainsunchanged.

（b）theworld’srelativepriceforfoodincrease.

（c）theworld’srelativepriceforfooddecrease.

（d）theworldrelativepriceforbothfoodandnon-foodrise.

28.IfweaddtoQuestion27thatFranceexportedmanufactures,whereasGermanyexportedfood,thenthereparationsfromGermanytoFrancewould

（a）improveFrance’sinternationaltermsoftrade.

（b）causeFrance’termsoftradetodeteriorate.

（c）causebothFrance’andGermany’stermsoftradetodeteriorate.

（d）causebothFrance’andGermany’stermsoftradetoimprove.

29.Ifacountrylentmoneytoanother,thismust

（a）lowerthetermsoftradeoftherecipientcountry.

（b）lowerthetermsoftradeofbothcountries.

（c）improvethetermsoftradeoftherecipientcountry.

（d）improvethetermsoftradeofthedonorcountry

30.Duringthe19thCentury,economicgrowthofthemajortradingcountrieswasbiasedtowardmanufacturesandawayfromfood.Thelessdevelopedcountriesofthattimewerenetexportersoffood.Fromthis