《国际经济学英文版》选择题汇总版附答案Word格式.docx
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《国际经济学英文版》选择题汇总版附答案Word格式.docx
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B)developedandlessdeveloped.
C)monetaryandbarter.
D)internationaltradeandinternationalmoney.
E)staticanddynamic.
4.Internationalmonetaryanalysisfocuseson
A)therealsideoftheinternationaleconomy.
B)theinternationaltradesideoftheinternationaleconomy.
C)theinternationalinvestmentsideoftheinternationaleconomy.
D)theissuesofinternationalcooperationbetweenCentralBanks.
E)themonetarysideoftheinternationaleconomy,suchascurrencyexchange.
5.Thegravitymodeloffersalogicalexplanationforthefactthat
A)tradebetweenAsiaandtheU.S.hasgrownfasterthanNAFTAtrade.
B)tradeinserviceshasgrownfasterthantradeingoods.
C)tradeinmanufactureshasgrownfasterthaninagriculturalproducts.
D)Intra-EuropeanUniontradeexceedsinternationaltradebytheEuropeanUnion.
E)theU.S.tradesmorewithWesternEuropethanitdoeswithCanada.
6.Thegravitymodelexplainswhy
A)tradebetweenSwedenandGermanyexceedsthatbetweenSwedenandSpain.
B)countrieswithoilreservestendtoexportoil.
C)capitalrichcountriesexportcapitalintensiveproducts.
D)intra-industrytradeisrelativelymoreimportantthanotherformsoftradebetweenneighboringcountries.
E)Europeancountriesrelymostoftenonnaturalresources.
7.Whydoesthegravitymodelwork?
A)Largeeconomiesbecamelargebecausetheywereengagedininternationaltrade.
B)Largeeconomieshaverelativelylargeincomes,andhencespendmoreongovernmentpromotionoftradeandinvestment.
C)Largeeconomieshaverelativelylargerareaswhichraisestheprobabilitythataproductiveactivitywilltakeplacewithinthebordersofthatcountry.
D)Largeeconomiestendtohavelargeincomesandtendtospendmoreonimports.
E)Largeeconomiestendtoavoidtradingwithsmalleconomies.
8.WeseethattheNetherlands,Belgium,andIrelandtradeconsiderablymorewiththeUnitedStatesthanwithmanyothercountries.
A)Thisisexplainedbythegravitymodel,sincethesearealllargecountries.
B)Thisisexplainedbythegravitymodel,sincetheseareallsmallcountries.
C)Thisfailstobeconsistentwiththegravitymodel,sincethesearesmallcountries.
D)Thisfailstobeconsistentwiththegravitymodel,sincethesearelargecountries.
E)Thisisexplainedbythegravitymodel,sincetheydonotshareborders.
9.Inthepresent,mostoftheexportsfromChinaare
A)manufacturedgoods.
B)services.
C)primaryproductsincludingagricultural.
D)technologyintensiveproducts.
E)overpricedbyworldmarketstandards.
10.Acountryengagingintradeaccordingtotheprinciplesofcomparativeadvantagegainsfromtradebecauseit
A)isproducingexportsindirectlymoreefficientlythanitcouldalternatively.
B)isproducingimportsindirectlymoreefficientlythanitcoulddomestically.
C)isproducingexportsusingfewerlaborunits.
D)isproducingimportsindirectlyusingfewerlaborunits.
E)isproducingexportswhileoutsourcingservices.
11.TheRicardianmodelattributesthegainsfromtradeassociatedwiththeprincipleofcomparativeadvantageresultto
A)differencesintechnology.
B)differencesinpreferences.
C)differencesinlaborproductivity.
D)differencesinresources.
E)gravityrelationshipsamongcountries.
12.AnationengagingintradeaccordingtotheRicardianmodelwillfinditsconsumptionbundle
A)insideitsproductionpossibilitiesfrontier.
B)onitsproductionpossibilitiesfrontier.
C)outsideitsproductionpossibilitiesfrontier.
D)insideitstrade-partner'
sproductionpossibilitiesfrontier.
E)onitstrade-partner'
13.AssumethatlaboristheonlyfactorofproductionandthatwagesintheUnitedStatesequal$20perhourwhilewagesinJapanare$10perhour.ProductioncostswouldbelowerintheUnitedStatesascomparedtoJapanif
A)U.S.laborproductivityequaled40unitsperhourandJapan'
s15unitsperhour.
B)U.S.laborproductivityequaled30unitsperhourandJapan'
s20unitsperhour.
C)U.S.laborproductivityequaled20unitsperhourandJapan'
s30unitsperhour.
D)U.S.laborproductivityequaled15unitsperhourandJapan'
s25unitsperhour.
E)U.S.laborproductivityequaled15unitsperhourandJapan'
s40unitsperhour.
14.Inatwo-country,two-productworld,thestatement“GermanyenjoysacomparativeadvantageoverFranceinautosrelativetoships”isequivalentto
A)FrancehavingacomparativeadvantageoverGermanyinships.
B)FrancehavingacomparativedisadvantagecomparedtoGermanyinautosandships.
C)GermanyhavingacomparativeadvantageoverFranceinautosandships.
D)FrancehavingnocomparativeadvantageoverGermany.
E)Franceshouldproduceautos.
15.IftheUnitedStates'
productionpossibilityfrontierwasflattertothewidgetaxis,whereasGermany'
swasflattertothebutteraxis,weknowthat
A)theUnitedStateshasnocomparativeadvantage
B)Germanyhasacomparativeadvantageinbutter.
C)theU.S.hasacomparativeadvantageinbutter.
D)Germanyhascomparativeadvantagesinbothproducts.
E)theU.S.hasacomparativedisadvantageinwidgets.
Ch4-Ch5
1.TheRicardianmodelofinternationaltradedemonstratesthattradecanbemutuallybeneficial.Why,then,dogovernmentsrestrictimportsofsomegoods?
A)Tradecanhavesubstantialeffectsonacountry'
sdistributionofincome.
B)TheRicardianmodelisoftenincorrectinitspredictionthattradecanbemutuallybeneficial.
C)Importrestrictionsaretheresultoftradewarsbetweenhostilecountries.
D)Importsareonlyrestrictedwhenforeign-madegoodsdonotmeetdomesticstandardsofquality.
E)Restrictionsonimportsareintendedtobenefitdomesticconsumers.
2.Japan'
stradepolicieswithregardtoricereflectthefactthat
A)japanesericefarmershavesignificantpoliticalpower.
B)Japanhasacomparativeadvantageinriceproductionandthereforeexportsmostofitsricecrop.
C)therewouldbenogainsfromtradeavailabletoJapanifitengagedinfreetradeinrice.
D)therearegainsfromtradethatJapancapturesbyengaginginfreetradeinrice.
E)Japanimportsmostofthericeconsumedinthecountry.
3.Inthespecificfactorsmodel,whichofthefollowingistreatedasaspecificfactor?
A)Labor
B)Land
C)Cloth
D)Food
E)Technology
4.Thespecificfactorsmodelassumesthatthereare________goodsand________factor(s)ofproduction.
A)two;
three
B)two;
two
C)two;
one
D)three;
E)four;
5.Theslopeofacountry'
sproductionpossibilityfrontierwithclothmeasuredonthehorizontalandfoodmeasuredontheverticalaxisinthespecificfactorsmodelisequalto________andit________asmoreclothisproduced.
A)-MPLF/MPLC;
becomessteeper
B)-MPLF/MPLC;
becomesflatter
C)-MPLF/MPLC;
isconstant
D)-MPLC/MPLF;
E)-MPLC/MPLF;
6.Underperfectcompetition,theequilibriumpriceoflaborusedtoproduceclothwillbeequalto
A)theslopeoftheproductionpossibilityfrontier.
B)theaverageproductoflaborintheproductionofclothtimesthepriceofcloth.
C)theratioofthemarginalproductoflaborintheproductionofclothtothemarginalproductoflaborintheproductionoffoodtimestheratioofthepriceofcloth.tothepriceoffood.
D)themarginalproductoflaborintheproductionofclothtimesthepriceofcloth.
E)thepriceofclothdividedbythemarginalproductoflaborintheproductionofcloth.
7.Inthespecificfactorsmodel,whichofthefollowingwillincreasethequantityoflaborusedinclothproduction?
A)anincreaseinthepriceofclothrelativetothatoffood
B)anincreaseinthepriceoffoodrelativetothatofcloth
C)adecreaseinthepriceoflabor
D)anequalpercentagedecreaseinthepriceoffoodandcloth
E)anequalpercentageincreaseinthepriceoffoodandcloth
8.Acountrythatdoesnotengageintradecanbenefitfromtradeonlyif
A)ithasanabsoluteadvantageinatleastonegood.
B)itemploysauniquetechnology.
C)pre-tradeandfree-traderelativepricesarenotidentical.
D)itswagerateisbelowtheworldaverage.
E)pre-tradeandfree-traderelativepricesareidentical.
9.Inthespecificfactorsmodel,theeffectsoftradeonwelfareare________formobilefactors,________forfixedfactorsusedtoproducetheexportedgood,and________forfixedfactorsusedtoproducetheimportedgood.
A)ambiguous;
positive;
negative
B)ambiguous;
negative;
positive
C)positive;
ambiguous;
ambiguous
D)negative;
E)positive;
10.Theeffectoftradeonspecializedemployeesofimport-competingindustrieswi
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