中南财大国际经济学双语期末试卷

中南财经政法大学——学年第—-学期期末考试试卷

国际经济学（闭卷）卷

学院专业年级班级课堂号姓名

（单选，共20题，每题2分）

1, Under Ricardian model, If one country's wage level is very high relative to the other's (the relative wage exceeding the relative productivity ratios), then ( )

A.it is not possible that producers in each will find export markets profitable.

B.it is not possible that consumers in both countries will enhance their respective

welfares through imports.

C.it is not possible that both countries will find gains from trade.

D.it is possible that both will enjoy the conventional gains from trade.

2, According to Ricardo, a country will have a comparative advantage in the product in which its ( )

bor productivity is relatively low.

bor productivity is relatively high.

bor mobility is relatively low.

bor mobility is relatively high.

3, If Australia has more land per worker, and Belgium has more capital per worker, then if trade were to open up between these two countries, ( )

A.Australia would export the land-intensive product.

B.Belgium would import the capital-intensive product.

C.Both countries would export some of each product.

D.Trade would not continue since Belgium is a smaller country.

4, Under The Specific Factors model, At the production point the production possibility frontier is tangent to a line whose slope is ( )

A.the price of manufactures.

B.the relative wage.

C.the real wage.

D.the relative price of manufactures.

5, The Heckscher-Ohlin model predicts all of the following except:

A.which country will export which product. ( )

B.which factor of production within each country will gain from trade.

C.the volume of trade.

D.that wages will tend to become equal in both trading countries.

6, If P C / P F were to increase in the international marketplace, then ( )

A.all countries would be better off.

B.the terms of trade of cloth exporters improve.

C.the terms of trade of food exporters improve.

D.the terms of trade of all countries improve.

7, When the production possibility frontier shifts out relatively more in one direction, we have ( )

A.biased growth.

B.unbiased growth.

C.immiserizing growth.

D.balanced growth.

8, If Slovenia were a large country in world trade, then if it instituted a large set of subsidies for its exports, this must ( )

A.cause retaliation on the part of its trade partners.

B.harm Slovenia's real income.

C.improve Slovenia's real income.

D.improve the real income of its trade partners.

9, A lower tariff on imported steel would most likely benefit ( )

A.foreign producers at the expense of domestic consumers.

B.domestic manufacturers of steel.

C.domestic consumers of steel.

D.workers in the steel industry.

10, If the poor AID(aid of international development) recipient countries have a higher marginal propensity to consume each and every product than does the United States, then such aid will ( )

A.worsen the U.S. terms of trade.

B.improve the U.S. terms of trade.

C.leave the world terms of trade unaffected.

D.worsen the terms of trade of both donor and recipient countries.

11, A large country experiencing import-biased economic growth will tend to experience ( )

A.no change in terms of trade.

B.deteriorating terms of trade.

C.improving terms of trade.

D.immiserizing terms of trade.

12, The most common form of price discrimination in international trade is ( )

A.non-tariff barriers.

B.V oluntary Export Restraints.

C.dumping.

D.preferential trade arrangements.

13, An appreciation of a country’s currency ( )

A.decreases the relative price of its exports and lowers the relative price of

its imports.

B.raises the relative price of its exports and raises the relative price of its