比较优势练习题

请选择正确的答案，并阐述选择的原因。

Table 3.3

In the United Kingdom In the Rest of the

World

Productivity

Umbrellas per labor hour 6 1

4 3

Units of corn per labor

hour

1.Refer to Table 3.3. The United Kingdom has an absolute advantage in the

production of __________ and the Rest of the World has an absolute

advantage in the production of __________.

a.Both goods; neither good

b.Neither good; both goods

c.Umbrellas; corn

d.Corn; umbrellas

2.Refer to Table

3.3. The United Kingdom has a comparative advantage in the

production of __________ and the Rest of the World has a comparative

advantage in the production of __________.

a.Both goods; neither good

b.Neither good; both goods

c.Umbrellas; corn

d.Corn; umbrellas

3.Refer to Table 3.3. The opportunity cost of producing a unit of corn in the

United Kingdom is __________ umbrellas and the opportunity cost of

producing a unit of corn in the Rest of the World is __________ umbrellas.

a.2/3; 3

b.3; 2/3

c.3/2; 1/3

d.1/3; 3/2

4.Refer to Table 3.3. The opportunity cost of producing an umbrella in the

United Kingdom is __________ units of corn and the opportunity cost of

producing an umbrella in the Rest of the World is __________ units of corn.

a.2/3; 3

b.3; 2/3

c.3/2; 1/3

d.1/3; 3/2

5.Refer to Table 3.3. Once trade is opened, we can anticipate that the

international price of umbrellas will lie between __________ and

__________.

a.2/3 of a unit of corn; 3 units of corn

b.3/2 units of corn; 2/3 of a unit of corn

c.3/2 of a unit of corn; 1/3 of a unit of corn

d. 3 units of corn; 1/3 of a unit of corn

6.Refer to Table 3.3. Once trade is open, we can anticipate that the international

price of corn will lie between __________ and __________.

a.2/3 of an umbrella; 3 umbrellas

b.3/2 umbrellas; 2/3 of an umbrella

c.3/2 umbrellas; 1/3 of an umbrella

d. 3 umbrellas; 3/2 umbrellas

Table 3.4

In the United States In France

Labor hours to make:

1 gallon of Wine 4.00 1.00

1 pound of Cheese 1.00 2.00

7.Refer to Table 3.4 and assume the United States and France trade only with

each other. The United States has an absolute advantage in the production of

__________ and France has an absolute advantage in the production of

__________.

a.Neither good; wine

b.Cheese; neither good

c.Wine; cheese

d.Cheese; wine

8.Refer to Table 3.4. What is the relative price of cheese (the price of cheese in

terms of wine) in France if it does not engage in trade?

a. 2 gallons of wine per pound.

b. 1 gallon of wine per pound.

c.0.5 gallons of wine per poun

d.

d.0.25 gallons of wine per pound.

9.Refer to table 3.4. The opportunity cost of cheese in France is __________

and the opportunity cost of cheese in the United States is __________.

a. 1 gallon of wine; 0.5 gallons of wine

b. 2 gallons of wine; 1 gallon of wine

c. 2 gallons of wine; 0.25 gallons of wine

d.0.5 gallons of wine; 4 gallons of wine

10.Refer to Table 3.4 and assume the United States and France trade only with

each other. The United States has a comparative advantage in the production of __________ and France has a comparative advantage in the production of __________.

a.Both goods; neither good

b.Cheese; wine

c.Wine; cheese

d.Neither good; both goods