国际经济选择题朱克朋老师.docx

国际经济选择题朱克朋老师.docx

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国际经济选择题朱克朋老师

国际经济学选择题题库

1.Whatpercentofallworldproductionofgoodsandservicesisexportedtoothercountries?

A）10%B）30%C）50%D）100%E）Noneoftheabove.

2.Thegravitymodeloffersalogicalexplanationforthefactthat

A）tradebetweenAsiaandtheU.S.hasgrownfasterthanNAFTAtrade.

B）tradeinserviceshasgrownfasterthantradeingoods.E）Noneoftheabove.

C）tradeinmanufactureshasgrownfasterthaninagriculturalproducts.

D）Antra-EuropeanUniontradeexceedsInternationalTradeoftheEuropeanUnion.

3.Thegravitymodelsuggeststhatovertime

A）tradebetweenneighboringcountrieswillincrease.

B）B）tradebetweenallcountrieswillincrease.

C）worldtradewilleventuallybeswallowedbyablackhole.

D）tradebetweenEarthandotherplanetswillbecomeimportant.E）Noneoftheabove.

4.Thegravitymodelexplainswhy

A）tradebetweenSwedenandGermanyexceedsthatbetweenSwedenandSpain.

B）countrieswithoilreservestendtoexportoil.

C）capitalrichcountriesexportcapitalintensiveproducts.

D）antra-industrytradeisrelativelymoreimportantthanotherformsoftradebetweenneighboringcountries.E）Noneoftheabove.

5.Accordingtothegravitymodel,acharacteristicthattendstoaffecttheprobabilityoftradeexistingbetweenanytwocountriesis

A）theirculturalaffinity.B）theaverageweight/valueoftheirtradedgoods.

C）theircolonial-historicalties.D）thedistancebetweenthem.

E）thenumberofvarietiesproducedontheaveragebytheirindustries.

6.Ingeneralwhichofthefollowingtendtopromotetheprobabilityoftradevolumesbetweentwocountries

A）linguisticand/orculturalaffinity.B）historicalties.C）sizesofeconomies.

D）mutualmembershipinpreferentialtradeagreements.E）Alloftheabove.

7.Whydoesthegravitymodelwork?

A）Largeeconomiesbecamelargebecausetheywereengagedininternationaltrade.

B）Largeeconomieshaverelativelylargeincomes,andhencespendmoreongovernmentpromotionoftradeandinvestment.E）Noneoftheabove.

C）Largeeconomieshaverelativelylargerareaswhichraisestheprobabilitythataproductiveactivitywilltakeplacewithinthebordersofthatcountry.

D）Largeeconomiestendtohavelargeincomesandtendtospendmoreonimports.

8.WeseethattheNetherlands,Belgium,andIrelandtradeconsiderablymorewiththeUnitedStatesManyothercountries.

A）Thisisexplainedbythegravitymodel,sincethesearealllargecountries.

B）Thisisexplainedbythegravitymodel,sincetheseareallsmallcountries.

C）Thisfailstobeconsistentwiththegravitymodelsincethesearesmallcountries.

D）Thisfailstobeconsistentwiththegravitymodelsincethesearelargecountries.

E）Noneoftheabove.

9.ThetwoneighborsoftheUnitedStatesdoalotmoretradewiththeUnitedStatesthanEuropeaneconomiesofequalsize.

A）Thiscontradictspredictionsfromgravitymodels.E）Noneoftheabove.

B）Thisisconsistentwithpredictionsfromgravitymodels.

C）Thisisrelevanttoanyinferencesthatmaybedrawnfromgravitymodels.

D）ThisisbecausetheseneighboringcountrieshaveexceptionallylargeGDPs.

10.SinceWorldWarII（theearly1950s）,theproportionofmos-tcountries'productionbeingusedinsomeothercountry

A）remainedconstant.B）increased.C）decreased.

D）fluctuatedwidelywithnocleartrend.E）bothAandDabove.

11.SinceWorldWarII,thelikelihoodthatforeignmarketswouldgainimportanceintheaverageexportersasasourceofprofits

A）remainedconstant.B）increased.C）decreased.

D）fluctuatedwidelywithnocleartrend.E）bothAandDabove.

12.SinceWorldWarII,thelikelihoodthatanysingleiteminthetypicalconsumptionbasketofaconsumerintheU.S.originatedoutsideoftheU.S.

A）remainedconstant.B）increased.C）decreased.

D）fluctuatedwidelywithnocleartrend.E）bothAandDabove.

13.SinceWorldWarII,thelikelihoodthatthejobofanewcollegegraduatewillbedirectlyorindirectlyaffectedbyworldtrade

A）remainedconstant.B）increased.C）decreased.

D）fluctuatedwidelywithnocleartrend.E）bothAandDabove.

14.SinceWorldWarII,therelativeimportanceofrawmaterials,includingoil,intotalworldtradeA）remainedconstant.B）increased.C）decreased.

D）fluctuatedwidelywithnocleartrendE）bothAandDabove.

15.InthecurrentPost-Industrialeconomy,internationaltradeinservices（includingbankingandfinancialservices）A）dominatesworldtrade.B）doesnotexist.C）isrelativelysmallD）isrelativelystagnant.E）Noneoftheabove.

16.Inthepre-WorldWarIperiod,theU.S.exportedprimarily

A）manufacturedgoods.B）services.C）primaryproductsincludingagricultural.D）technologyintensiveproducts.E）Noneoftheabove.

17,Inthepre-WorldWarIperiod,theUnitedKingdomexportedprimarily

A）manufacturedgoods.B）services.C）primaryproductsincludingagricultural.D）technologyintensiveproducts.E）Noneoftheabove.

18.Inthepre-WorldWarIperiod,theUnitedKingdomimportedprimarily

A）manufacturedgoods.B）services.C）primaryproductsincludingagricultural.D）technologyintensiveproducts.E）Noneoftheabove.

19Inthepresent,mostoftheexportsfromChinaarein

A）manufacturedgoods.B）services.C）primaryproductsincludingagricultural.D）technologyintensiveproducts.E）Noneoftheabove.

21.WhichofthefollowingdoesnotexplaintheextentoftradebetweenIrelandandtheU.S.?

A）HistoricaltiesB）CulturalLinguistictiesC）Gravitymodel

D）MultinationalCorporationsE）Noneoftheabove.

22.Theconcept"termsoftrade"means

A）theamountofexportssoldbyacountry.

B）thepriceconditionsbargainedforininternationalmarkets.

C）thepriceofacountry'sexportsdividedbythepriceofitsimports.

D）thequantitiesofimportsreceivedinfreetrade.E）Noneoftheabove.

23.Acountrycannotproduceamixofproductswithahighervaluethanwhere

A）theisovaluelineintersectstheproductionpossibilityfrontier.

B）theisovaluelineistangenttotheproductionpossibilityfrontier.

C）theisovaluelineisabovetheproductionpossibilityfrontier.

D）theisovaluelineisbelowtheproductionpossibilityfrontier.

E）theisovaluelineistangentwiththeindifferencecurve.

24.Tastesofindividualsarerepresentedby

A）theproductionpossibilityfrontier.B）theisovalueline.C）theindifferencecurve.

D）theproductionfunction.E）Noneoftheabove.

25.IfPC/PFweretoincreaseintheinternationalmarketplace,then

A）allcountrieswouldbebetteroff.B）thetermsoftradeofclothexportersimprove.

C）thetermsoftradeoffoodexportersimprove.

D）thetermsoftradeofallcountriesimprove.E）Noneoftheabove.

26.IfPC/PFweretoincrease,

A）theclothexporterwouldincreasethequantityofclothexports.

B）theclothexporterwouldincreasethequantityofclothproduced.

C）thefoodexporterwouldincreasethequantityoffoodexports.

D）BothAandC.E）Noneoftheabove.

27.IfPC/PFweretoincrease,

A）worldrelativequantityofclothsuppliedanddemandedwouldincrease.

B）worldrelativequantityofclothsuppliedanddemandedwoulddecrease.

C）worldrelativequantityofclothsuppliedwouldincrease.

D）worldrelativequantityofclothdemandedwoulddecrease.E）Noneoftheabove.

28.Acountrywillbeabletoconsumeabundlewhichisnotattainablesolelyfromdomesticproductiononlyif

A）theworldtermsoftradedifferfromitsdomesticrelativecosts.

B）thecountryspecializesinoneproduct.

C）thecountryavoidsinternationaltrade.

D）theworldtermsoftradeequalthedomesticrelativecosts.E）Noneoftheabove.

29.Termsoftraderefersto

A）whatgoodsareimported.B）whatgoodsareexported.C）thevolumeoftrade.

D）thepricesatwhichtradeoccurs.E）Noneoftheabove.

30.IfpointsAandBarebothontheproductionpossibilityfrontierofacountry,then

A）consumersareindifferentbetweenthetwobundles.

B）producersareindifferentbetweenthetwobundles.

C）atanypointintime,thecountrycouldproduceboth.

D）Bothcostthesame.E）Thecountrycouldproduceeitherofthetwobundles.

31.Iftheeconomyisproducingatpointaonitsproductionpossibilityfrontier,then

A）allofthecountry'sworkersarespecializedinoneproduct.

B）allofthecounty'scapitalisusedforoneproduct.

C）allofthecounty'sworkersareemployed.

D）allofitscapitalisused,butnotefficiently.E）Noneoftheabove.

32.IfatpointAontheproductionpossibilityfrontier,andthecommunityindifferencecurvecutsthroughpointafromnorthwesttosoutheast,thentheoptimalautarkyproductionbundleis

A）atpointA.B）totherightofpointA.C）totheleftofpointA.

D）tothenortheastofpointA.E）tothesouthwestofpointA.

12）Iftwocountrieswithdiminishingreturnsanddifferentmarginalratesofsubstitutionbetweentwoproductsweretoengageintrade,then

A）theshapesoftheirrespectiveproductionpossibilityfrontierswouldchange.

B）themarginalratesofsubstitutionofbothwouldbecomeequal.

C）thelargerofthetwocountrieswoulddominatetheirtrade.

D）thecountrywithrelativelyelasticsupplieswouldexportmore.E）Noneoftheabove.

13）IfacountrybeganexportingproductAandimportingproductB,then,ascomparedtotheautarky（no-trade）situation,themarginalcostofproductAwill

A）increase.B）decrease.C）shiftoutward.D）shiftinward.E）Noneoftheabove.

14）Ifasmallcountryweretolevyatariffonitsimportsthenthiswould

A）havenoeffect