1、trade,U.S.maynotimposetariffsimportsfromNAFTAaffectinternationalvalue$C)putforeigninvestmentsCaliforniaifinvolvesfinancialintermediaryNewYorkState.exportduties.disruptcommercebetweenFloridaandHawaii.3.Internationaleconomicscanbedividedintotwobroadsub-fieldsmacromicro.developeddeveloped.monetarybarte
2、r.money.staticdynamic.4.analysisfocusesrealsideeconomy.investmentissuescooperationCentralBanks.economy,suchascurrencyexchange.5.ThegravitymodelofferslogicalexplanationforfactthatA)tradeAsiahasgrownfastertrade.servicesgoods.manufacturesagriculturalproducts.Intra-EuropeanUnionexceedsbyEuropeanUnion.tr
3、adesmoreWesternEuropedoesCanada.6.explainswhySwedenGermanySpain.B)countriesoilreservestendtooil.C)capitalrichcapitalintensiveintra-industryimportantformsneighboringrelyoftennatural7.Whywork?Largeeconomiesbecametheywereengagedhaveincomes,hencespendgovernmentpromotioninvestment.largerareaswhichraisesp
4、robabilityproductiveactivitywilltakeplacewithinborderscountry.incomesimports.avoidtradingsmalleconomies.8.WeseeNetherlands,Belgium,IrelandconsiderablyThisexplainedmodel,sincetheseareallfailsconsistentD)ThisE)Thisdoshareborders.9.Inpresent,exportsChinamanufacturedservices.C)primaryproductsincludingag
5、ricultural.technologyoverpricedworldmarketstandards.10.Aengagingaccordingprinciplescomparativeadvantagegainsproducingindirectlyefficientlycouldalternatively.domestically.usingfewerlaborunits.whileoutsourcing11.Ricardianattributesassociatedprincipleresultdifferencestechnology.preferences.C)difference
6、sproductivity.relationshipsamong12.nationfinditsconsumptionbundleinsideproductionpossibilitiesfrontier.B)onC)outsidetrade-partnersE)on13.Assumeonlyfactorwagesequal$20perhourJapan$10hour.Productioncostswouldlowercomparedproductivityequaled40unitsJapan1530202514.two-country,two-productworld,statement“
7、GermanyenjoysoverFranceautosrelativeships”equivalenthavingships.disadvantagenoGermany.shouldproduceautos.15.IfStatespossibilityfrontierwasflatterwidgetaxis,whereasGermanybutterweknowbutter.advantagesbothwidgets.Ch4-Ch5demonstratesmutuallybeneficial.Why,then,governmentsrestrictsomegoods?A)Tradesubsta
8、ntialeffectscountrydistributionincome.incorrectpredictionImportrestrictionswarshostileImportsrestrictedwhenforeign-madegoodsmeetdomesticstandardsqualityE)Restrictionsintendedbenefitconsumers.policiesregardricereflectjapanesefarmerssignificantpoliticalpower.thereforecrop.thereavailablefreerice.captur
9、esconsumedspecificfactorsfollowingtreatedfactor?A)LaborLandClothFoodTechnologyassumes_factor(s)production.two;threeonethree;four;slopeclothmeasuredhorizontalfoodverticalaxisproduced.-MPLF/MPLC;becomessteeperconstant-MPLC/MPLF;Underperfectcompetition,equilibriumpriceusedA)theaverageproducttimescloth.ratiomarginalfood.increasequantityproduction?A)anandecreasepercentageengageA)itabsoluteatleastgood.employsuniquepre-tradefree-tradepricesidentical.wageratebelowaverage.welfaremobilefactors,fixedexportedgood,importedA)ambiguous;positive;negativeambiguous;negative;positiveambiguousnegati
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