国际贸易理论与政策课堂测试13章综述Word文档格式.docx

国际贸易理论与政策课堂测试13章综述Word文档格式.docx

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AdamSmith,1758

D）"

AdamSmith,1776

E）"

2）TheUnitedStatesislessdependentontradethanmostothercountriesbecause

A）theUnitedStatesisarelativelylargecountry.

B）theUnitedStatesisa"

Superpower."

C）themilitarypoweroftheUnitedStatesmakesitlessdependentonanything.

D）theUnitedStatesinvestsinmanyothercountries.

E）manycountriesinvestintheUnitedStates.

3）Whichofthefollowingisnotamajorconcernofinternationaleconomictheory?

A）protectionism

B）thebalanceofpayments

C）exchangeratedetermination

D）BilateraltraderelationswithChina

E）Noneoftheabove

4）Whosellswhattowhom

A）hasbeenamajorpreoccupationofinternationaleconomics.

B）isnotavalidconcernofinternationaleconomics.

C）isnotconsideredimportantforgovernmentforeigntradepolicysincesuchdecisionsaremadeintheprivatecompetitivemarket.

D）isdeterminedbypoliticalratherthaneconomicfactors.

5）Internationaleconomicscanbedividedintotwobroadsub-fields

A）macroandmicro.

B）developedandlessdeveloped.

C）monetaryandbarter.

D）internationaltradeandinternationalmoney.

E）staticanddynamic.

6）Thegravitymodeloffersalogicalexplanationforthefactthat

A）tradebetweenAsiaandtheU.S.hasgrownfasterthanNAFTAtrade.

B）tradeinserviceshasgrownfasterthantradeingoods.

C）tradeinmanufactureshasgrownfasterthaninagriculturalproducts.

D）Intra-EuropeanUniontradeexceedsInternationalTradeoftheEuropeanUnion.

E）Noneoftheabove.

7）Whydoesthegravitymodelwork?

A）Largeeconomiesbecamelargebecausetheywereengagedininternationaltrade.

B）Largeeconomieshaverelativelylargeincomes,andhencespendmoreongovernmentpromotionoftradeandinvestment.

C）Largeeconomieshaverelativelylargerareaswhichraisestheprobabilitythataproductiveactivitywilltakeplacewithinthebordersofthatcountry.

D）Largeeconomiestendtohavelargeincomesandtendtospendmoreonimports.

8）SinceWorldWarII,therelativeimportanceofrawmaterials,includingoil,intotalworldtrade

A）remainedconstant.

B）increased.

C）decreased.

D）fluctuatedwidelywithnocleartrend

E）bothAandDabove.

9）InthecurrentPost-Industrialeconomy,internationaltradeinservices（includingbankingandfinancialservices）

A）dominatesworldtrade.

B）doesnotexist.

C）isrelativelysmall.

D）isrelativelystagnant.

E）Noneoftheabove.

10）Inthepre-WorldWarIperiod,theUnitedKingdomexportedprimarily

A）manufacturedgoods.

B）services.

C）primaryproductsincludingagricultural.

D）technologyintensiveproducts.

11）Inthepre-WorldWarIperiod,theUnitedKingdomimportedprimarily

12）Inthepresent,mostoftheexportsfromChinaarein

13）WhichofthefollowingdoesnotexplaintheextentoftradebetweenIrelandandtheU.S.?

A）Historicalties

B）CulturalLinguisticties

C）Gravitymodel

D）MultinationalCorporations

14）Tradebetweentwocountriescanbenefitbothcountriesif

A）eachcountryexportsthatgoodinwhichithasacomparativeadvantage.

B）eachcountryenjoyssuperiortermsoftrade.

C）eachcountryhasamoreelasticdemandfortheimportedgoods.

D）eachcountryhasamoreelasticsupplyfortheexportedgoods.

E）BothCandD.

15）Tradebetweentwocountriescanbenefitbothcountriesif

A）

eachcountryexportsthatgoodinwhichithasacomparativeadvantage.

B）

eachcountryenjoyssuperiortermsoftrade.

C）

eachcountryhasamoreelasticdemandfortheimportedgoods.

D）

eachcountryhasamoreelasticsupplyfortheexportedgoods.

E）

BothCandD.

16）

Inordertoknowwhetheracountryhasacomparativeadvantageintheproductionofoneparticularproductweneedinformationonatleast________unitlaborrequirements

one

two

three

four

five

17）

Acountryengagingintradeaccordingtotheprinciplesofcomparativeadvantagegainsfromtradebecauseit

isproducingexportsindirectlymoreefficientlythanitcouldalternatively.

isproducingimportsindirectlymoreefficientlythanitcoulddomestically.

isproducingexportsusingfewerlaborunits.

isproducingimportsindirectlyusingfewerlaborunits.

Noneoftheabove.

18）

Giventheinformationinthetableabove,ifitisascertainedthatForeignusesprison-slavelabortoproduceitsexports,thenhomeshould

exportcloth.

exportwidgets.

exportbothandimportnothing.

exportandimportnothing.

Alloftheabove.

19）

Giventheinformationinthetableabove,iftheHomeeconomysufferedameltdown,andtheUnitLaborRequirementsdoubledto30forclothand60forwidgetsthenhomeshould

20）

Theearlieststatementoftheprincipleofcomparativeadvantageisassociatedwith

DavidHume.

DavidRicardo.

AdamSmith.

EliHeckscher.

BertilOhlin.

21）

TheGainsfromTradeassociatedwiththeprincipleofComparativeAdvantagedependson

thetradepartnersmustdifferintechnologyortastes.

therecanbenomoregoodstradedthanthenumberoftradepartners.

theremaybenomoretradepartnersthangoodstraded.

22）

TheRicardianmodeldemonstratesthat

tradebetweentwocountrieswillbenefitbothcountries.

tradebetweentwocountriesmaybenefitbothregardlessofwhichgoodeachexports.

tradebetweentwocountriesmaybenefitbothifeachexportstheproductinwhichithasacomparativeadvantage.

tradebetweentwocountriesmaybenefitonebutharmtheother.

23）

Giventheinformationinthetableabove

neithercountryhasacomparativeadvantage.

Homehasacomparativeadvantageincloth.

Foreignhasacomparativeadvantageincloth.

Homehasacomparativeadvantageinwidgets.

Homehasacomparativeadvantageinbothproducts.

24）

Giventheinformationinthetableabove,ifwagesweretodoubleinHome,thenHomeshould

25）

Foreignhasacomparativeadvantageinwidgets.

26）

Giventheinformationinthetableabove,theopportunitycostofclothintermsofwidgetsinForeignisifitisascertainedthatForeignusesprison-slavelabortoproduceitsexports,thenhomeshould

27）

28）

Giventheinformationinthetableabove,iftheworldequilibriumpriceofwidgetswere4Cloths,then

bothcountriescouldbenefitfromtradewitheachother.

neithercountrycouldbenefitfromtradewitheachother.

eachcountrywillwanttoexportthegoodinwhichitenjoyscomparativeadvantage.

neithercountrywillwanttoexportthegoodinwhichitenjoyscomparativeadvantage.

bothcountrieswillwanttospecializeincloth.

29）

Giventheinformationinthetableabove,iftheworldequilibriumpriceofwidgetswere40cloths,then

30）

Inatwoproducttwocountryworld,internationaltradecanleadtoincreasesin

consumerwelfareonlyifoutputofbothproductsisincreased.

outputofbothproductsandconsumerwelfareinbothcountries.

totalproductionofbothproductsbutnotconsumerwelfareinbothcountries.

consumerwelfareinbothcountriesbutnottotalproductionofbothproducts.

31）

Asaresultoftrade,specializationintheRicardianmodeltendstobe

completewithconst