国际经济学模拟试题英文含答案电子教案.docx

1、国际经济学模拟试题英文含答案电子教案国际经济学模拟习题（3）一、True or False （10*1=10）1.Trade is a zero-sum activity; if one country gains, the other must lose.2. A nation maximizes satisfaction by reaching the highest possible indifference curve, and in the absence of trade will produce where its production possibilities schedul

2、e is tangent to an indifference curve.3. The factor endowments model predicts that international trade will tend to equalize the prices of trade-able goods among nations, but to increase the wage gap between capital-abundant and labor-abundant nations.4. A tax of 10 percent on imports of shoes would

3、 be an example of a specific tariff.5. An import quota will not raise the domestic price of the product as would a tariff, because it is not a tax on imports.6. In balance-of-payments account, a transaction resulting in receipt of a payment is recorded as a credit, whereas a transaction resulting in

4、 a payment to other nations is recorded as a debit.7. Because they do not include an exchange of goods or services, unilateral transfers do not appear on a nations balance of payments account.8. David Hume was one of the first economists to provide analytical support for mercantilist trade policies.

5、9. A nation would be most likely to find its trade balance improving after a currency depreciation if that nations demand for imports and foreign demand for its exports was very inelastic.10. A nation with neither a balance of payments surplus nor a balance of payments deficit is said to be in inter

6、nal balance.二、choices（15*3=45）1.The law of comparative advantagea). was ratified by the World Trade Organization b). explains how all countries can benefit when each specializes in producing items in which it has the greatest relative efficiency c). explains how only the most efficient nations can b

7、enefit from trade d). is used to evaluate a countrys military strength 2.The theory of absolute advantage was developed bya. the Mercantilists b. David Hume c. Adam Smith d. David Ricardo 3.David Ricardo developed the principle of comparative advantage showing thata. a nation must be the least-cost

8、producer of a good in order to export that item b. no nation could have an absolute advantage in all goods c. in a two-country example, only one nation can have a comparative advantage d. even a nation that has lower productivity in all goods can benefit by exporting the item in which it is relative

9、ly less inefficient 4.An indifference curvea. shows that most people really are indifferent about international trade b. shows the demand preferences of consumers c. reflects the relative costs of production within a nation d. indicates how much labor a country has 5.To maximize its satisfaction, a

10、nation will ensure that its terms-of-trade linea. is tangent to its production possibilities frontier at one point (production point) and also to the highest attainable indifference curve at another point (consumption point) b. is tangent to its production possibilities frontier and intersects an in

11、difference curve c. intersects its production possibilities frontier and is tangent to an indifference curve d. intersects its production possibilities frontier at one point and an indifference curve at another point 6.Factor-price equalization predicts that with international tradea. the price of a

12、 nations abundant factor will rise and that of its scarce factor will fall b. the price of a nations abundant factor will fall and that of its scarce factor will rise c. the prices of a nations abundant and scarce factors both will rise d. the prices of a nations abundant and scarce factors both wil

13、l fall 7.The effective rate of protectiona. distinguishes between tariffs that are effective and those that are ineffective b. is the minimum level at which a tariff becomes effective in limiting imports c. shows the increase in value-added for domestic production that a particular tariff structure

14、makes possible, in percentage terms d. shows how effective a tariff is in raising revenue 8.The institutional framework developed in 1947 to promote trade liberalization is known asa. the GATT b. the WTO c. the IMF d. The World Bank 9.Developing nationsa. have very limited involvement in internation

15、al trade b. trade mostly with each other c. rely heavily on exports of primary products to industrial nations d. rely heavily on exports of manufactured products 10.A customs union is unique in that ita. has no tariffs on trade among member nations b. has no tariffs on trade among member nations and

16、 a common set of tariffs on imports from non-members c. has no tariffs on trade among member nations, a common set of tariffs on imports from non-members, and free mobility of factors of production such as labor and capital among members d. allows unrestricted labor immigration from non-member natio

17、ns 11.A nations balance of payments statement a. is a record of that nations assets abroad and its liabilities to those from other nations b. is an accounting adjustment process ensuring that a nations exports will be equal to its imports c. does not include transactions of foreign citizens or compa

18、nies living or operating within that nation d. is a record of the economic transactions between residents of that nation and the rest of the world, usually for a period of one year.12.Since balance-of-payments accounting is a double-entry accounting system, an export of U.S. wheat to Mexico paid for

19、 by a deposit to the U.S. exporters account in a Mexican bank would be recorded on the U.S. balance of payments asa. a credit for merchandise exports and a credit to short-term financial flows b. a credit for merchandise exports and a debit to short-term financial flows. c. a credit for merchandise

20、exports and a debit to unilateral transfers d. a credit for merchandise exports and a debit to official settlements 13.The foreign-exchange marketa. is located in New York b. is a market in Chicago for the international trading of commodities such as wheat or copper. c. is a mechanism for individual

21、s and institutions to exchange one national or regional currency or debt instrument for those of other nations or regions. d. is open from 9:00 a.m. to 3:00 p.m. New York time, Monday through Friday. 14.Market fundamentals that might be expected to influence exchange rate movements include all of th

22、e following factors excepta. differences in real income growth rates between countries b. differences in real interest rates between countries c. speculative opinion about future exchange rates d. changes in perceived profitability of economic investments between two countries 15.If inflation is hig

23、her in Mexico than in the United States, the law of one price would predict thata. trade between Mexico and the United States would decline b. the dollar price of autos purchased in Mexico would be higher than the dollar price of comparable autos purchased in the United States c. the peso would appr

24、eciate relative to the dollar by an amount equal in percentage terms to the difference between the two inflation rates d. the peso would depreciate relative to the dollar by an amount equal in percentage terms to the difference between the two inflation rates 三、Questions（45, answer these questions i

25、n Chinese） 1. Assume that labor is the only factor used in production, and that the costs of producing butter and cloth are given by the table below.(8)Cost in labor-hours to produceHomeForeign1 unit of butter1/811 unit of cloth1/41/2(1) Express the price of butter relative to the price of cloth in

26、terms of labor content for Home and Foreign in the absence of trade.(2) What do these relative prices reveal about each countrys comparative advantage?(3) What do these relative prices suggest about the world price of butter relative to cloth that will exist once these countries trade with each othe

27、r?(4) If the world price stabilizes at 1 with trade, what are the gains by the Home country achieved through trade with the Foreign country? 2. Explain the immiserizing growth and list the case for immiserizing growth to be occur. (8)3. Explain the exchange rate overshooting theory (8)4. Suppose tha

28、t the nominal interest rate on 3-month Treasury bills is 8 percent in the United States and 6 percent in the United Kingdom, and the rate of inflation is 10 percent in the United States and 4 percent in the United Kingdom.(9)(1) What is the real interest rate in each nation?(2) In which direction wo

29、uld international investment flow in response to these real interest rates?(3) What impact would these investment flows have on the dollars exchange value?5. What effects does labor migration have on the country of immigration? The country of emigration? The world as a whole?(12)国际经济学模拟习题（3）参考答案还有一点

30、就是公司在“碧芝自制饰品店”内设立了一个完全的弹性价格空间：选择饰珠的种类和多少是由顾客自己掌握，所以消费者可以根据自己的消费能力进行取舍；此外由于是顾客自己制作，所以从原料到成品的附加值就可以自己享用。一、判断题（每题1分，共10分） 二、选择题（每题3分，共45分） bcdba acacb dbccd2003年，全年商品消费价格总水平比上年上升1%。消费品市场销售平稳增长。全年完成社会消费品零售总额2220.64亿元，比上年增长9.1%。三、简答题（共45分）10、如果学校开设一家DIY手工艺制品店，你希望 1、(1) 封闭条件下，本国可以用一半的生产一单位布的劳动时间生产一单位黄油。这表

31、示，在封闭条件下，本国黄油与布的相对价格是1/2，外国黄油与布的相对价格是2。（2分）2003年，上海市总人口达到1464万人，上海是全国第一个出现人口负增长的地区。（2）根据上面的相对价格，表明本国生产黄油有比较优势，外国的比较优势是生产布。（2分）（一）上海的经济环境对饰品消费的影响（3）如果两国发生国际贸易，国际比价应该落在封闭条件下本国和外国国内相对价格之间。（2分）（五）DIY手工艺品的“价格弹性化”（4）如果世界市场价格为1，本国通过出口黄油，进口布，用一单位黄油可以换得1单位布，比在本国用两单位黄油换一单位布多获得一单位黄油的利益。（2分）公司还组织各国的“芝自制饰品店”定期进行

32、作品交流，体现东方女性聪慧的作品曾在其他国家大受欢迎；同样，自各国作品也曾无数次启发过中国姑娘们的灵感，这里更是创作的源泉。 2、出口偏向型增长对一国的福利产生两种相反的作用，因为生产的多，该国可获得好处，但由于出口价格下降，也遭受损失，如果贸易恶化的负向作用超过了产量增加的正向作用，该国就发生了贫困化增长。（4分）以下情况下最有可能发生贫困化增长：（1） （2） 月生活费 人数（频率） 百分比一国的经济增长偏向于它的出口部门（1分）（3） （4） 标题：大学生“负债消费“成潮流 2004年3月18日该国相对于世界市场而言是个大国（1分）（5） （6） 五、创业机会和对策分析外国对本国出口产品的需求严重缺乏价格弹性（1分）（7） 本国严重依赖于国际贸易（1分） 3、汇率的粘性价格货币分析法简称为超调