国际经济学作业答案-第四章.doc

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国际经济学作业答案-第四章.doc

Chapter4ResourcesandTrade:

TheHeckscher-OhlinModel47

Chapter4ResourcesandTrade:

TheHeckscher-OhlinModel

nMultipleChoiceQuestions

1. Inthe2-factor,2goodHeckscher-Ohlinmodel,aninfluxofworkersfromacrosstheborderwould

(a) movethepointofproductionalongtheproductionpossibilitycurve.

(b) shifttheproductionpossibilitycurveoutward,andincreasetheproductionofbothgoods.

(c) shifttheproductionpossibilitycurveoutwardanddecreasetheproductionofthelabor-intensiveproduct.

(d) shifttheproductionpossibilitycurveoutwardanddecreasetheproductionofthecapital-intensiveproduct.

(e) Noneoftheabove.

Answer:

D

2. Inthe2-factor,2goodHeckscher-Ohlinmodel,thetwocountriesdifferin

(a) tastes.

(b) militarycapabilities.

(c) size.

(d) relativeavailabilitiesoffactorsofproduction.

(e) laborproductivities.

Answer:

D

3. Inthe2-factor,2goodHeckscher-Ohlinmodel,achangefromautarky(notrade)totradewillbenefittheownersof

(a) capital.

(b) therelativelyabundantfactorofproduction.

(c) therelativelyscarcefactorofproduction.

(d) therelativelyinelasticfactorofproduction.

(e) thefactorofproductionwiththelargestelasticityofsubstitution.

Answer:

B

4. Inthe2-factor,2goodHeckscher-Ohlinmodel,achangefromautarky(notrade)totrade

(a) willtendtomakethewagesinbothcountriesmoresimilar.

(b) willequalizethewagesinbothcountries.

(c) willtendtomakethewagesinbothcountrieslesssimilar.

(d) willtendtomakewagesequaltoreturnstocapital.

(e) willtendtomakerentsequaltointerestrates.

Answer:

A

5. TheLeontieffParadox

(a) supportedthevalidityoftheRicardiantheoryofcomparativeadvantage.

(b) supportedthevalidityoftheHeckscher-Ohlinmodel.

(c) failedtosupportthevalidityoftheRicardiantheory.

(d) failedtosupportthevalidityoftheHeckscher-Ohlinmodel.

(e) provedthattheU.S.economyisdifferentfromallothers.

Answer:

D

6. TheLeontieffParadox

(a) referstothefindingthatU.S.exportsweremorelaborintensivethanitsimports.

(b) referstothefindingthatU.S.Exportsweremorecapitalintensivethanitsexports.

(c) referstothefindingthattheU.S.producesoutsideitsEdgeworthBox.

(d) stillaccuratelyappliestotoday’spatternofU.S.internationaltrade.

(e) referstothefactthatLeontieff—anAmericaneconomist—hadaRussianname.

Answer:

A

7. The1987studybyBowen,LeamerandSveikauskas

(a) supportedthevalidityoftheLeontieffParadox.

(b) supportedthevalidityoftheHeckscher-Ohlinmodel.

(c) usedatwo-countryandtwo-productframework.

(d) demonstratedthatinfactcountriestendtousedifferenttechnologies.

(e) provedthattheU.S.’scomparativeadvantagereliedonskilledlabor.

Answer:

A

8. EmpiricalobservationsonactualNorth-Southtradepatternstendto

(a) supportthevalidityoftheLeontieffParadox.

(b) supportthevalidityoftheHeckscher-Ohlinmodel.

(c) supportthevalidityoftheRybczynskiTheorem.

(d) supportthevalidityofthewageequalizationtheorem.

(e) supportthevalidityoftheneo-imperialismexploitationtheory.

Answer:

B

9. TheCaseoftheMissingTraderefersto

(a) the9thvolumeoftheHardyBoys’Mysteryseries.

(b) thefactthatworldexportsdoesnotequalworldimports.

(c) thefactthatfactortradeislessthanpredictedbytheHeckscher-Ohlintheory.

(d) thefactthattheHeckscherOhlintheorypredictsmuchlessvolumeoftradethanactuallyexists.

(e) Noneoftheabove.

Answer:

C

10. IftheUntedStateshadrelativelymorecapitalperworkerthanMexico,andiftheLeontieffParadoxappliedtothistrade,thenasuccessfulexpansionoftradeunderNAFTAbetweenMexicoandtheUnitedStateswouldtendtobenefitwhichgroupintheUnitedStates?

(a) Environmentalists

(b) Capitalists

(c) Workers

(d) Landowners

(e) Skilledlaborwithrelativelyhighlevelsofhumancapital

Answer:

C

11. AccordingtotheHeckscher-Ohlinmodel,thesourceofcomparativeadvantageisacountry’s

(a) technology.

(b) advertising.

(c) humancapital.

(d) factorendowments.

(e) Both(a)and(b).

Answer:

D

12. TheHechscher-Ohlinmodelstatesthatacountrywillhaveacomparativeadvantageinthegoodorservicewhoseproductionisrelativelyintensiveinthe______withwhichthecountryisrelativelyabundant.

(a) tastes

(b) technology

(c) factorofproduction

(d) opportunitycost

(e) scaleeconomy

Answer:

C

13. OnewayinwhichtheHeckscher-OhlinmodeldiffersfromtheRicardomodelofcomparativeadvantageisbyassumingthat__________is(are)identicalinallcountries.

(a) factorofproductionendowments

(b) scaleeconomies

(c) factorofproductionintensities

(d) technology

(e) opportunitycosts

Answer:

D

14. AccordingtotheHecksher-Ohlinmodel,

(a) everyoneautomaticallygainsfromtrade

(b) thescarcefactorneces

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