国际经济学模拟试题英文含答案.docx

国际经济学模拟试题英文含答案.docx

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国际经济学模拟试题英文含答案

国际经济学模拟习题（3）

一、TrueorFalse（10*1'=10'）

1.Tradeisazero-sumactivity;ifonecountrygains,the

othermustlose.

2.Anationmaximizessatisfactionbyreachingthehighest

possibleindifferencecurve,andintheabsenceoftrade

willproducewhereitsproductionpossibilities

scheduleistangenttoanindifferencecurve.

3.Thefactorendowmentsmodelpredictsthat

internationaltradewilltendtoequalizethepricesof

trade-ablegoodsamongnations,buttoincreasethe

wagegapbetweencapital-abundantandlabor-abundant

nations.

4.Ataxof10percentonimportsofshoeswouldbean

exampleofaspecifictariff.

5.Animportquotawillnotraisethedomesticpriceof

theproductaswouldatariff,becauseitisnotataxon

imports.

6.Inbalance-of-paymentsaccount,atransactionresulting

inreceiptofapaymentisrecordedasacredit,

whereasatransactionresultinginapaymenttoother

nationsisrecordedasadebit.

7.Becausetheydonotincludeanexchangeofgoodsor

services,unilateraltransfersdonotappearona

nation'sbalanceofpaymentsaccount.

8.DavidHumewasoneofthefirsteconomiststoprovide

analyticalsupportformercantilisttradepolicies.

9.Anationwouldbemostlikelytofinditstradebalance

improvingafteracurrencydepreciationifthatnation's

demandforimportsandforeigndemandforitsexports

wasveryinelastic.

10.Anationwithneitherabalanceofpaymentssurplusnor

abalanceofpaymentsdeficitissaidtobeininternal

balance.

二、choices（15*3'=45'）

1.Thelawofcomparativeadvantage

a）.wasratifiedbytheWorldTradeOrganization

b）.explainshowallcountriescanbenefitwheneach

specializesinproducingitemsinwhichithasthegreatest

relativeefficiency

c）.explainshowonlythemostefficientnationscanbenefit

fromtrade

d）.isusedtoevaluateacountry'smilitarystrength

2.Thetheoryofabsoluteadvantagewasdevelopedby

a.theMercantilists

b.DavidHume

c.AdamSmith

d.DavidRicardo

3.DavidRicardodevelopedtheprincipleofcomparative

advantageshowingthat

a.anationmustbetheleast-costproducerofagoodinorder

toexportthatitem

b.nonationcouldhaveanabsoluteadvantageinallgoods

c.inatwo-countryexample,onlyonenationcanhavea

comparativeadvantage

d.evenanationthathaslowerproductivityinallgoodscan

benefitbyexportingtheiteminwhichitisrelativelyless

inefficient

4.Anindifferencecurve

a.showsthatmostpeoplereallyareindifferentabout

internationaltrade

b.showsthedemandpreferencesofconsumers

c.reflectstherelativecostsofproductionwithinanation

d.indicateshowmuchlaboracountryhas

5.Tomaximizeitssatisfaction,anationwillensurethatits

terms-of-tradeline

a.istangenttoitsproductionpossibilitiesfrontieratone

point（productionpoint）andalsotothehighestattainable

indifferencecurveatanotherpoint（consumptionpoint）

b.istangenttoitsproductionpossibilitiesfrontierand

intersectsanindifferencecurve

c.intersectsitsproductionpossibilitiesfrontierandis

tangenttoanindifferencecurve

d.intersectsitsproductionpossibilitiesfrontieratonepoint

andanindifferencecurveatanotherpoint

6.Factor-priceequalizationpredictsthatwithinternational

trade

a.thepriceofanation'sabundantfactorwillriseandthatof

itsscarcefactorwillfall

b.thepriceofanation'sabundantfactorwillfallandthatof

itsscarcefactorwillrise

c.thepricesofanation'sabundantandscarcefactorsboth

willrise

d.thepricesofanation'sabundantandscarcefactorsboth

willfall

7.Theeffectiverateofprotection

a.distinguishesbetweentariffsthatareeffectiveandthose

thatareineffective

b.istheminimumlevelatwhichatariffbecomeseffectivein

limitingimports

c.showstheincreaseinvalue-addedfordomesticproduction

thataparticulartariffstructuremakespossible,in

percentageterms

d.showshoweffectiveatariffisinraisingrevenue

8.Theinstitutionalframeworkdevelopedin1947topromote

tradeliberalizationisknownas

a.theGATT

b.theWTO

c.theIMF

d.TheWorldBank

9.Developingnations

a.haveverylimitedinvolvementininternationaltrade

b.trademostlywitheachother

c.relyheavilyonexportsofprimaryproductstoindustrial

nations

d.relyheavilyonexportsofmanufacturedproducts

10.Acustomsunionisuniqueinthatit

a.hasnotariffsontradeamongmembernations

b.hasnotariffsontradeamongmembernationsanda

commonsetoftariffsonimportsfromnon-members

c.hasnotariffsontradeamongmembernations,acommon

setoftariffsonimportsfromnon-members,andfree

mobilityoffactorsofproductionsuchaslaborandcapital

am