IE multiple choices国际经济学期末复习选择题
国际经济学选择题(有答案)
Multiple-Choice Questions Ch.21.The Mercantilists did not advocate:a. free tradeb. stimulating the nation's exportsc. restricting the nations' importsd. the accumulation of gold by the nation2.According to Adam Smith, international trade was based on:a. absolute advantageb. comparative advantagec. both absolute and comparative advantaged. neither absolute nor comparative advantage3.What proportion of international trade is based on absolute advantage?a. Allb. mostc. somed. none4.The commodity in which the nation has the smallest absolute disadvantage is the commodityof its:a. absolute disadvantageb. absolute advantagec. comparative disadvantaged. comparative advantage5.If in a two-nation (A and B), two-commodity (X and Y) world, it is established that nationA has a comparative advantage in commodity X, then nationB must have:a. an absolute advantage in commodity Yb. an absolute disadvantage in commodity Yc. a comparative disadvantage in commodity Yd. a comparative advantage in commodity Y6.If with one hour of labor time nation A can produce either 3X or 3Y while nation B canproduce either 1X or 3Y (and labor is the only input):a. nation A has a comparative disadvantage in commodity Xb. nation B has a comparative disadvantage in commodity Yc. nation A has a comparative advantage in commodity Xd. nation A has a comparative advantage in neither commodity7. With reference to the statement in Question 6:a. Px/Py=1 in nation Ab. Px/Py=3 in nation Bc. Py/Px=1/3 in nation Bd. all of the above8. With reference to the statement in Question 6, if 3X is exchanged for 3Y:a. nation A gains 2Xb. nation B gains 6Yc. nation A gains 3Yd. nation B gains 3Y9.With reference to the statement of Question 6, the range of mutually beneficial tradebetween nation A and B is:a. 3Y < 3X < 5Yb. 5Y < 3X < 9Yc. 3Y < 3X < 9Yd. 1Y < 3X < 3Y10. If domestically 3X=3Y in nation A, while 1X=1Y domestically in nation B:a. there will be no trade between the two nationsc. the relative price of Y is the same in both nationsd. all of the above11. Ricardo explained the law of comparative advantage on the basis of:a. the labor theory of valueb. the opportunity cost theoryc. the law of diminishing returnsd. all of the above12. Which of the following statements is true?a. The combined demand for each commodity by the two nations is negatively slopedb. the combined supply for each commodity by the two nations is rising stepwisec.the equilibrium relative commodity price for each commodity with trade is given by theintersection of the demand and supply of each commodity by the two nationsd. all of the above13. A difference in relative commodity prices between two nations can be based upon adifference in:a. factor endowmentsb. technologyc. tastesd. all of the above14. In the trade between a small and a large nation:a. the large nation is likely to receive all of the gains from tradeb. the small nation is likely to receive all of the gains from tradec. the gains from trade are likely to be equally sharedd. we cannot say15. The Ricardian trade model has been empiricallya. verifiedb. rejectedc. not testedd. tested but the results were inconclusiveMultiple-Choice Questions Ch.31. A production frontier that is concave from the origin indicates that the nation incursincreasing opportunity costs in the production of:a. commodity X onlyb. commodity Y onlyc. both commoditiesd. neither commodity2. The marginal rate of transformation (MRT) of X for Y refers to:a. the amount of Y that a nation must give up to produce each additional unit of Xb. the opportunity cost of Xc. the absolute slope of the production frontier at the point of productiond. all of the above3. Which of the following is not a reason for increasing opportunity costs:a. technology differs among nationsb. factors of production are not homogeneousc. factors of production are not used in the same fixed proportion in the production of allcommoditiesd. for the nation to produce more of a commodity, it must use resources that are less andless suited in the production of the commodity4. Community indifference curves:a. are negatively slopedb. are convex to the originc. should not cross5. The marginal rate of substitution (MRS) of X for Y in consumption refers to the:a.amount of X that a nation must give up for one extra unit of Y and still remain on thesame indifference curveb. amount of Y that a nation must give up for one extra unit of X and still remain on thesame indifference curvec.amount of X that a nation must give up for one extra unit of Y to reach a higherindifference curved.amount of Y that a nation must give up for one extra unit of X to reach a higherindifference curve6. Which of the following statements is true with respect to the MRS of X for Y?a. It is given by the absolute slope of the indifference curveb. declines as the nation moves down an indifference curvec. rises as the nation moves up an indifference curved. all of the above7. Which of the following statements about community indifference curves is true?a. They are entirely unrelated to individuals' community indifference curvesb. they cross, they cannot be used in the analysisc. the problems arising from intersecting community indifference curves can beovercome by the application of the compensation principled. all of the above.8. Which of the following is not true for a nation that is in equilibrium in isolation?a. It consumes inside its production frontierb. it reaches the highest indifference curve possible with its production frontierc. the indifference curve is tangent to the nation's production frontierd. MRT of X for Y equals MRS of X for Y, and they are equal to Px/Py9. If the internal Px/Py is lower in nation 1 than in nation 2 without trade:a. nation 1 has a comparative advantage in commodity Yb. nation 2 has a comparative advantage in commodity Xc. nation 2 has a comparative advantage in commodity Yd. none of the above10. Nation 1's share of the gains from trade will be greater:a. the greater is nation 1's demand for nation 2's exportsb. the closer Px/Py with trade settles to nation 2's pretrade Px/Pyc. the weaker is nation 2's demand for nation 1's exportsd. the closer Px/Py with trade settles to nation 1's pretrade Px/Py11. If Px/Py exceeds the equilibrium relative Px/Py with tradea. the nation exporting commodity X will want to export more of X than at equilibriumb. the nation importing commodity X will want to import less of X than at equilibriumc. Px/Py will fall toward the equilibrium Px/Pyd. all of the above12. With free trade under increasing costs:a. neither nation will specialize completely in productionb. at least one nation will consume above its production frontierc. a small nation will always gain from traded. all of the above13. Which of the following statements is false?a.The gains from trade can be broken down into the gains from exchange and the gainsfrom specializationb. gains from exchange result even without specializationc. gains from specialization result even without exchanged. none of the above14. The gains from exchange with respect to the gains from specialization are always:b. smallerc. equald. we cannot say without additional information15. Mutually beneficial trade cannot occur if production frontiers are:a. equal but tastes are notb. different but tastes are the samec. different and tastes are also differentd. the same and tastes are also the same.Multiple Choice Questions Ch.41. Which of the following statements is correct?a. The demand for imports is given by the excess demand for the commodityb. the supply of exports is given by the excess supply of the commodityc. the supply curve of exports is flatter than the total supply curve of the commodityd. all of the above2. At a relative commodity price above equilibriuma. the excess demand for a commodity exceeds the excess supply of the commodityb. the quantity demanded of imports exceeds the quantity supplied of exportsc. the commodity price will falld. all of the above3. The offer curve of a nation shows:a. the supply of a nation's importsb. the demand for a nation's exportsc. the trade partner's demand for imports and supply of exportsd. the nation's demand for imports and supply of exports4. The offer curve of a nation bulges toward the axis measuring the nation'sa. import commodityb. export commodityc. export or import commodityd. nontraded commodity5. Export prices must rise for a nation to increase its exports because the nation:a. incurs increasing opportunity costs in export productionb. faces decreasing opportunity costs in producing import substitutesc. faces decreasing marginal rate of substitution in consumptiond. all of the above6. Which of the following statements regarding partial equilibrium analysis is false?a. It relies on traditional demand and supply curvesb. it isolates for study one marketc. it can be used to determine the equilibrium relative commodity price but not theequilibrium quantity with traded. none of the above7. Which of the following statements regarding partial equilibrium analysis is true?a.The demand and supply curves are derived from the nation's production frontier andindifference mapb. It shows the same basic information as offer curvesc. It shows the same equilibrium relative commodity prices as with offer curvesd. all of the above8. In what way does partial equilibrium analysis differ from general equilibrium analysis?a. The former but not the latter can be used to determine the equilibrium price with tradeb.the former but not the latter can be used to determine the equilibrium quantity with tradec.the former but not the latter takes into consideration the interaction among all marketsin the economyd. the former gives only an approximation to the answer sought.a. 3/4b. 2/3c. 3/2d. 4/310. If the terms of trade increase in a two-nation world, those of the trade partner:a. deteriorateb. improvec. remain unchangedd. any of the above11. If a nation does not affect world prices by its trading, its offer curve:a. is a straight lineb. bulges toward the axis measuring the import commodityc. intersects the straight-line segment of the world's offer curved. intersects the positively-sloped portion of the world's offer curve12. If the nation's tastes for its import commodity increases:a. the nation's offer curve rotates toward the axis measuring its import commodityb. the partner's offer curve rotates toward the axis measuring its import commodityc. the partner's offer curve rotates toward the axis measuring its export commodityd. the nation's offer curve rotates toward the axis measuring its export commodity13. If the nation's tastes for its import commodity increases:a. the nation's terms of trade remain unchangedb. the nation's terms of trade deterioratec. the partner's terms of trade deteriorated. any of the above14. If the tastes for a nation import commodity increases, trade volume:a. increasesb. declinesc. remains unchangedd. any of the above15. A deterioration of a nation's terms of trade causes the nation's welfare to:a. deteriorateb. improvec. remain unchangedd. any of the aboveMultiple-Choice Questions ch.51. The H-O model extends the classical trade model by:a. explaining the basis for comparative advantageb. examining the effect of trade on factor pricesc. both a and bd. neither a nor b2. Which is not an assumption of the H-O modela. the same technology in both nationsb. constant returns to scalec. complete specializationd. equal tastes in both nations3. With equal technology nations will have equal K/L in production if:a. factor prices are the sameb. tastes are the samec. production functions are the samed. all of the above4. We say that commodity Y is K-intensive with respect to X when:a. more K is used in the production of Y than Xc. a lower L/K ratio is used in the production of Y than Xd. a higher K/L is used in the production of X than Y5. When w/r falls, L/Ka. falls in the production of both commoditiesb. rises in the production of both commoditiesc. can rise or falld. is not affected6. A nation is said to have a relative abundance of K if it has a:a. greater absolute amount of Kb. smaller absolute amount of Lc. higher L/K ratiod. lower r/w7. A difference in relative commodity prices between nations can be based on a difference in:a. technologyb. factor endowmentsc. tastesd. all of the above8. In the H-O model, international trade is based mostly on a difference in:a. technologyb. factor endowmentsc. economies of scaled. tastes9. According to the H-O-S model, trade reduces international differences in:a. relative but not absolute factor pricesb. absolute but not relative factor pricesc. both relative and absolute factor pricesd. neither relative nor absolute factor prices10. According to the H-O-S model, international trade will:a. reduce international differences in per capita incomesb. increases international differences in per capita incomesc. may increase or reduce international differences in per capita incomesd. lead to complete specialization11. The H-O model is a general equilibrium model because it deals with:a. production in both nationsb. consumption in both nationsc. trade between the two nationsd. all of the above12. The H-O model is a simplification of the a truly general equilibrium modelbecause it deals with:a. two nationsb. two commoditiesc. two factors of productiond. all of the above13. The Leontief paradox refers to the empirical finding that U.S.a. import substitutes are more K-intensive than exportsb. imports are more K-intensive than exportsc. exports are more L-intensive than importsd. exports are more K-intensive than import substitutes14. From empirical studies, we conclude that the H-O theory:a. must be rejectedb. must be accepted without reservationsc. can be accepted while awaiting further testing15. For factor reversal to occur, two commodities must be produced with:a. sufficiently different elasticity of substitution of factorsb. the same K/L ratioc. technologically-fixed factor proportionsd. equal elasticity of substitution of factorsMultiple-Choice Questions Ch. 6:1. Relaxing the assumptions on which the Heckscher-Ohlin theory rests:a. leads to rejection of the theoryb. leaves the theory unaffectedc. requires complementary trade theoriesd. any of the above.1.Which of the following assumptions of the Heckscher-Ohlin theory, when relaxed, leavethe theory unaffected?a. Two nations, two commodities, and two factorsb. both nations use the same technologyc. the same commodity is L-intensive in both nationsd. all of the above2.Which of the following assumptions of the Heckscher-Ohlin theory, when relaxed,require new trade theories?a. Economies of scaleb. incomplete specializationc. similar tastes in both nationsd. the existence of transportation costs3.International trade can be based on economies of scale even if both nations have identical:a. factor endowmentsb. tastesc. technologyd. all of the above5. A great deal of international trade:a. is intra-industry tradeb. involves differentiated productsc. is based on monopolistic competitiond. all of the above6. The Heckscher-Ohlin and new trade theories explains most of the trade:a. among industrial countriesb. between developed and developing countriesc. in industrial goodsd. all of the above4.The theory that a nation exports those products for which a large domestic market existswas advanced by:a. Linderb. Vernonc. Leontiefd. Ohlin8. Intra-industry trade takes place:a. because products are homogeneousb. in order to take advantage of economies of scalec. because perfect competition is the prevalent form of market organizationd. all of the above1.If a nation exports twice as much of a differentiated product that it imports, its intra-industry (T) index is equal to:a. 1.00c. 0.666d. 0.2510. Trade based on technological gaps is closely related to:a. the H-O theoryb. the product-cycle theoryc. Linder's theoryd. all of the above11. Which of the following statements is true with regard to the product-cycle theory?a. It depends on differences in technological changes over time among countriesb. it depends on the opening and the closing of technological gaps among countriesc. it postulates that industrial countries export more advanced products to lessadvanced countriesd. all of the above12. Transport costs:a. increase the price in the importing countryb. reduces the price in the exporting countryc. both of the aboved. neither a nor b.13. Transport costs can be analyzed:a. with demand and supply curvesb. production frontiersc. offer curvesd. all of the above14. The share of transport costs will fall less heavily on the nation:a. with the more elastic demand and supply of the traded commodityb. with the less elastic demand and supply of the traded commodityc. exporting agricultural productsd. with the largest domestic market15. A footloose industry is one in which the product:a. gains weight in processingb. loses weight in processingc. both of the aboved. neither a nor b.Multiple-choice Questions Ch.81. Which of the following statements is incorrect?a.An ad valorem tariff is expressed as a percentage of the value of the tradedcommodityb. a specific tariff is expressed as a fixed sum of the value of the traded commodity.c. export tariffs are prohibited by the U.S. Constitutiond. The U.S. uses exclusively the specific tariff2. A small nation is one:a. which does not affect world price by its tradingb. which faces an infinitely elastic world supply curve for its import commodityb.whose consumers will pay a price that exceeds the world price by the amount of thetariffd. all of the above3. If a small nation increases the tariff on its import commodity, its:a. consumption of the commodity increasesb. production of the commodity decreasesc. imports of the commodity increased. none of the above4.The increase in producer surplus when a small nation imposes a tariff is measured by thea. to the left of the supply curve between the commodity price with and without thetariffb. under the supply curve between the quantity produced with and without the tariffc. under the demand curve between the commodity price with and without the tariffd. none of the above.5. If a small nation increases the tariff on its import commodity:a. the rent of domestic producers of the commodity increasesb. the protection cost of the tariff decreasesc. the deadweight loss decreasesd. all of the above6. Which of the following statements is incorrect with respect to the rate of effectiveprotection?a. for given values of ai and ti, g is larger the greater is tb. for a given value of t and ti, g is larger the greater is a ic. g exceeds, is equal to or is smaller than t, as t i is smaller than, is equal to or islarger than td. when a i t i exceeds t, the rate of effective protection is positive7. With a i=50%, t i=0, and t=20%, g is:a. 40%b. 20%c. 80%d. 08. The imposition of an import tariff by a small nation:a. increases the relative price of the import commodity for domestic producers andconsumersb.reduces the relative price of the import commodity for domestic producers andconsumersc. increases the relative price of the import commodity for the nation as a wholed. any of the above is possible9. The imposition of an import tariff by a small nation:a. increases the nation's welfareb. reduces the nation's welfarec. leaves the nation's welfare unchangedd. any of the above is possible10. According to the Stolper-Samuelson theorem, the imposition of a tariff by a nation:a. increases the real return of the nation's abundant factorb. increases the real return of the nation's scarce factorc. reduces the real return of the nation's scarce factord. any of the above is possible11. The imposition of an import tariff by a nation results in:a. an increase in relative price of the nation's import commodityb. an increase in the nation's production of its importable commodityc. reduces the real return of the nation's abundant factord. all of the above12. The imposition of an import tariff by a nation can be represented by a rotation of the:a. nation's offer curve away from the axis measuring the commodity of its comparativeadvantageb.the nation's offer curve toward the axis measuring the commodity of its comparativeadvantagec.the other nation's offer curve toward the axis measuring the commodity of itscomparative advantaged.the other nation's offer curve away from the axis measuring the commodity of its13. The imposition of an import tariff by a large nation:a. increases the nation's terms of tradeb. reduces the volume of tradec. may increase or reduce the nation's welfared. all of the above14. The imposition of an optimum tariff by a large nation:a. improves its terms of tradeb. reduces the volume of tradec. increases the nation's welfared. all of the above15. The optimum tariff for a small nation is:a. 100%b. 50%c. 0d. depends on elasticitiesMultiple-choice Questions Ch. 9:1. An import quota:a. increases the domestic price of the imported commodityb. reduces domestic consumptionc. increases domestic productiond. all of the above2. An increase in the demand of the imported commodity subject to a given import quota:a. reduces the domestic quantity demanded of the commodityb. increases the domestic production of the commodityc. reduces the domestic price of the commodityd. reduces the producers' surplus3. Adjustment to any shift in the domestic demand or supply of an importable commodityoccurs:a. in domestic price with an import quotab. in the quantity of imports with a tariffc. through the market mechanism with an import tariff but not with an import quotad. all of the above4. An international cartel refers to:a. dumpingb. an organization of exportersc. an international commodity agreementd. voluntary export restraints5. The temporary sale of a commodity at below cost or at a lower price abroad in order todrive foreign producers out of business is called:a. predatory dumpingb. sporadic dumpingc. continuous dumpingd. voluntary export restraints6. The type of dumping which would justify antidumping measures by the country subjectto the dumping is:a. predatory dumpingb. sporadic dumpingc. continuous dumpingd. all of the above7. A fallacious argument for protection is:a. the infant industry argumentb. protection for national defensed. to correct domestic distortions8. Which of the following is true with respect to the infant-industry argument for protection:a. it refers to temporary protection to establish a domestic industryb.to be valid, the return to the grown-up industry must be sufficiently high also to repayfor the higher prices paid by domestic consumers of the commodity during the infancyperiodc. is inferior to an equivalent production subsidy to the infant industryd. all of the above9. Which of the following is false with respect to strategic trade policy?a. it postulates that a nation can gain by an activist trade policyb. it is practiced to some extent by most industrial nationsc. it can easily be carried outd. all of the above10. Industrial policy refers to:a.a n activist policy by the government of an industrial country to stimulate thedevelopment of an industryb.the granting of a subsidy to a domestic industry to stimulate the development of anindustryc. the granting of a subsidy to a domestic industry to counter a foreign subsidyd. all of the above11. Game theory refers to:a. a method of choosing the optimal strategy in conflict situationsb. the granting of a subsidy to correct a domestic distortionc. the theory of tariff protectiond. none of the above12. Trade protection in the United States is usually provided to:a. low-wage workersb. well-organized industries with large employmentc. industries producing consumer productsd. all of the above13. The most-favored-nation principle refers to:a. extension to all trade partners of any reciprocal tariff reduction negotiated by theU.S. with any of its trade partnersb. multilateral trade negotiationc. the General Agreement on Tariffs and Traded. the International Trade Organization14. On which of the following principles does GATT rest?a. nondiscriminationb. elimination of nontariff barriersc. consultation among nations in solving trade disputesd. all of the above15. Which of the following was not negotiated under the Uruguay Round?a. reduction of tariffs on industrial goodsb. replacement of quotas with tariffsc. reduction of subsidies on industrial products and on agricultural exportsd. liberalization in trade in most servicesMultiple-choice Questions for Ch. 131. Which of the following is false?a. A credit transaction leads to a payment from foreignersb. A debit transaction leads to a payment to foreignersc. A credit transaction is entered with a negative signd. Double-entry bookkeeping refers to each transaction entered twice.2. Which of the following is a debit?a. The export of goodsb. The export of servicesc. Unilateral transfers given to foreignersd. Capital inflows3. Capital inflows:a. refer to an increase in foreign assets in the nationb. refer to a reduction in the nation's assets abroadc. lead to a payment from foreignersd. all of the above4. When a U.S. firm imports goods to be paid in three months the U.S. credits:a. the current accountb. unilateral transfersc. capitald. official reserves5.The receipt of an interest payment on a loan made by a U.S. commercial bank to a foreignresident is entered in the U.S. balance of payments as a:a. credit in the capital accountb. credit in the current accountc. credit in official reservesd. debit in unilateral transfers6. The payment of a dividend by an American company to a foreign stockholder represents:a. a debit in the U.S. capital accountb. a credit in the U.S. capital accountc. a credit in the U.S. official reserve accountd. a debit in the U.S. current account7 .When a U.S. firm imports a good from England a pays for it by drawing on its poundsterling balances in a London Bank, the U.S. debits its current account and credits its:a. official reserve accountb. unilateral transfers accountc. services in its current accountd. capital account8. When the U.S. ships food aid to a developing nation, the U.S. debits:a. unilateral transfersb. servicesc. capitald. official reserves9. When the resident of a foreign nation (1) sells a U.S. stock and (2) deposits the proceeds ina U.S. bank, the U.S.:a. credits capital for (1) and debits capital for (2)b. credits the current account and debits capitalc. debits capital and credits official reservesd. debits capital for (1) and credits capital for (2)1.When a U.S. resident (1) purchases a foreign treasury bill and pays by (2) drawing down hisbank balances abroad:a. debits short-term capital and credits official reservesb. debits capital for (1) and credits capital for (2)c. debits official reserves and credits capitald. credits short-term capital and debits official reserves11. From the U.S. point of view, drawing on (reducing) foreign bank balances in a New Yorkbank represents a:a. capital inflow。
国际经济学英文题库(最全版附答案)
【国际经济学】英文题库Chapter 1: IntroductionMultiple-Choice Questions1. Which of the following products are not produced at all in the United States?*A. Coffee, tea, cocoaB. steel, copper, aluminumC. petroleum, coal, natural gasD. typewriters, computers, airplanes2. International trade is most important to the standard of living of:A. the United States*B. SwitzerlandC. GermanyD. England3. Over time, the economic interdependence of nations has:*A. grownB. diminishedC. remained unchangedD. cannot say4. A rough measure of the degree of economic interdependence of a nation is given by:A. the size of the nations' populationB. the percentage of its population to its GDP*C. the percentage of a nation's imports and exports to its GDPD. all of the above 5. Economic interdependence is greater for:*A. small nationsB. large nationsC. developed nationsD. developing nations6. The gravity model of international trade predicts that trade between two nations is larger A. the larger the two nationsB. the closer the nationsC. the more open are the two nations*D. all of the above7. International economics deals with:A. the flow of goods, services, and payments among nationsB. policies directed at regulating the flow of goods, services, and paymentsC. the effects of policies on the welfare of the nation*D. all of the above 8. International trade theory refers to:*A. the microeconomic aspects of international tradeB. the macroeconomic aspects of international tradeC. open economy macroeconomics or international financeD. all of the above 9. Which of the following is not the subject matter of international finance?A. foreign exchange marketsB. the balance of payments*C. the basis and the gains from tradeD. policies to adjust balance of payments disequilibria10. Economic theory:A. seeks to explain economic eventsB. seeks to predict economic eventsC. abstracts from the many detail that surrounds an economic event*D. all of the above11. Which of the following is not an assumption generally made in the study of inter national economics?A. two nationsB. two commodities*C. perfect international mobility of factorsD. two factors of production12. In the study of international economics:A. international trade policies are examined before the bases for tradeB. adjustment policies are discussed before the balance of paymentsC. the case of many nations is discussed before the two-nations case*D. none of the above13. International trade is similar to interregional trade in that both must overcome:*A. distance and spaceB. trade restrictionsC. differences in currenciesD. differences in monetary systems14. The opening or expansion of international trade usually affects all members of so ciety: A. positivelyB. negatively*C. most positively but some negativelyD. most negatively but some positively15. An increase in the dollar price of a foreign currency usually:A. benefit U.S. importers*B. benefits U.S. exportersC. benefit both U.S. importers and U.S. exportersD. harms both U.S. importers and U.S. exporters16. Which of the following statements with regard to international economics is true?A. It is a relatively new field*B. it is a relatively old fieldC. most of its contributors were not economistsD. none of the above思考题:1.为什么学习国际经济学非常重要?2.列举体现当前国际经济学问题的一些重要事件,它们为什么重要?3.当今世界面临的最重要的国家经济问题是什么?全球化的利弊各是什么?Chapter 2: The Law of Comparative Advantage Multiple-Choice Questions1. The Mercantilists did not advocate:*A.free tradeB. stimulating the nation's exportsC. restricting the nations' importsD. the accumulation of gold by the nation2. According to Adam Smith, international trade was based on:*A. absolute advantageB. comparative advantageC. both absolute and comparative advantageD. neither absolute nor comparative advantage3. What proportion of international trade is based on absolute advantage?A. AllB. most*C. someD. none4. The commodity in which the nation has the smallest absolute disadvantage is the commodity of its:A. absolute disadvantageB. absolute advantageC. comparative disadvantage*D. comparative advantage5. If in a two-nation (A and B), two-commodity (X and Y) world, it is established tha t nation A has a comparative advantage in commodity X, then nation B must have:A. an absolute advantage in commodity YB. an absolute disadvantage in commodity YC. a comparative disadvantage in commodity Y*D. a comparative advantage in commodity Y6. If with one hour of labor time nation A can produce either 3X or 3Y while nation B can produce either 1X or 3Y (and labor is the only input):A. nation A has a comparative disadvantage in commodity XB. nation B has a comparative disadvantage in commodity Y*C. nation A has a comparative advantage in commodity XD. nation A has a comparative advantage in neither commodity7. With reference to the statement in Question 6:A. Px/Py=1 in nation AB. Px/Py=3 in nation BC. Py/Px=1/3 in nation B*D. all of the above8. With reference to the statement in Question 6, if 3X is exchanged for 3Y:A. nation A gains 2X*B. nation B gains 6YC. nation A gains 3YD. nation B gains 3Y9. With reference to the statement of Question 6, the range of mutually beneficial tra de between nation A and B is:A. 3Y < 3X < 5YB. 5Y < 3X < 9Y*C. 3Y < 3X < 9YD. 1Y < 3X < 3Y10. If domestically 3X=3Y in nation A, while 1X=1Y domestically in nation B:A. there will be no trade between the two nationsB. the relative price of X is the same in both nationsC. the relative price of Y is the same in both nations*D. all of the above11. Ricardo explained the law of comparative advantage on the basis of:*A. the labor theory of valueB. the opportunity cost theoryC. the law of diminishing returnsD. all of the above12. Which of the following statements is true?A. The combined demand for each commodity by the two nations is negatively slope dB. the combined supply for each commodity by the two nations is rising stepwiseC. the equilibrium relative commodity price for each commodity with trade is giv en by the intersection of the demand and supply of each commodity by the two nati ons*D. all of the above13. A difference in relative commodity prices between two nations can be based upo difference in:n a difference A. factor endowmentsB. technologyC. tastes*D. all of the above14. In the trade between a small and a large nation:A. the large nation is likely to receive all of the gains from trade*B. the small nation is likely to receive all of the gains from tradeC. the gains from trade are likely to be equally sharedD. we cannot say15. The Ricardian trade model has been empirically*A. verifiedB. rejectedC. not testedD. tested but the results were inconclusive思考题:比较优势原理所带来的贸易所得是从何而来的?贸易利益又是如何分配的?现实世界中比较优势是如何度量的?你认为目前中国具有比较优势的商品有哪些?这意味着什么?比较优势会不会发生变化?什么样的原因可能会导致其变化?经济学家是如何验证比较优势原理的?Chapter 3: The Standard Theory of International TradeMultiple-Choice Questions1. A production frontier that is concave from the origin indicates that the nation incur s i ncreasing increasing opportunity costs in the production of:A. commodity X onlyB. commodity Y only*C. both commoditiesD. neither commodity2. The marginal rate of transformation (MRT) of X for Y refers to:A. the amount of Y that a nation must give up to produce each additional unit of XB. the opportunity cost of XC. the absolute slope of the production frontier at the point of production*D. all of the above3. Which of the following is not a reason for increasing opportunity costs:*A. technology differs among nationsB. factors of production are not homogeneousC. factors of production are not used in the same fixed proportion in the production of all commoditiesD. for the nation to produce more of a commodity, it must use resources that are le ss and less suited in the production of the commodity4. Community indifference curves:A. are negatively slopedB. are convex to the originC. should not cross*D. all of the above5. The marginal rate of substitution (MRS) of X for Y in consumption refers to the:A. amount of X that a nation must give up for one extra unit of Y and still remain o n the same indifference curve*B. amount of Y that a nation must give up for one extra unit of X and still remain on the same indifference curveC. amount of X that a nation must give up for one extra unit of Y to reach a higher indifference curveD. amount of Y that a nation must give up for one extra unit of X to reach a higher indifference curve6. Which of the following statements is true with respect to the MRS of X for Y?A. It is given by the absolute slope of the indifference curveB. declines as the nation moves down an indifference curveC. rises as the nation moves up an indifference curve*D. all of the above 7. Which of the following statements about community indifference curves is true?A. They are entirely unrelated to individuals' community indifference curvesB. they cross, they cannot be used in the analysis*C. the problems arising from intersecting community indifference curves can be over come by the application of the compensation principleD. all of the above. 8. Which of the following is not true for a nation that is in equilibrium in isolation?*A. It consumes inside its production frontierB. it reaches the highest indifference curve possible with its production frontierC. the indifference curve is tangent to the nation's production frontierD. MRT of X for Y equals MRS of X for Y, and they are equal to Px/Py 9. If the internal Px/Py is lower in nation 1 than in nation 2 without trade:A. nation 1 has a comparative advantage in commodity YB. nation 2 has a comparative advantage in commodity X*C. nation 2 has a comparative advantage in commodity YD. none of the above10. Nation 1's share of the gains from trade will be greater:A. the greater is nation 1's demand for nation 2's exports*B. the closer Px/Py with trade settles to nation 2's pretrade Px/PyC. the weaker is nation 2's demand for nation 1's exportsD. the closer Px/Py with trade settles to nation 1's pretrade Px/Py11. If Px/Py exceeds the equilibrium relative Px/Py with tradeequilibr A. the nation exporting commodity X will want to export more of X than at e quilibr iumequilibri B. the nation importing commodity X will want to import less of X than at e quilibri umC. Px/Py will fall toward the equilibrium Px/Py*D. all of the above12. With free trade under increasing costs:A. neither nation will specialize completely in productionB. at least one nation will consume above its production frontierC. a small nation will always gain from trade*D. all of the above13. Which of the following statements is false?A.The gains from trade can be broken down into the gains from exchange and the gains from specializationB. gains from exchange result even without specialization*C. gains from specialization result even without exchangeD. none of the above14. The gains from exchange with respect to the gains from specialization are alway s:A. greaterB. smallerC. equal*D. we cannot say without additional information15. Mutually beneficial trade cannot occur if production frontiers are:A. equal but tastes are notB. different but tastes are the sameC. different and tastes are also different*D. the same and tastes are also the same.思考题:国际贸易的标准理论与大卫.李嘉图的比较优势原理有何异同?两国仅仅由于需求偏好不同可以进行市场分工和狐狸贸易吗?两国仅仅由于要素禀赋不同和/或生产技术不同可以进行分工和贸易吗?Chapter 4: Demand and Supply, Offer Curves, and the Terms of Trade Multiple Choice Questions1. Which of the following statements is correct? A. The demand for imports is given by the excess demand for the commodityB. the supply of exports is given by the excess supply of the commodityC. the supply curve of exports is flatter than the total supply curve of the commodity *D. all of the above2. At a relative commodity price above equilibriumA. the excess demand for a commodity exceeds the excess supply of the commodityB. the quantity demanded of imports exceeds the quantity supplied of exports*C. the commodity price will fallD. all of the above3. The offer curve of a nation shows:A. the supply of a nation's importsB. the demand for a nation's exportsC. the trade partner's demand for imports and supply of exports*D. the nation's demand for imports and supply of exports4. The offer curve of a nation bulges toward the axis measuring the nationsA. import commodity*B. export commodityC. export or import commodityD. nontraded commodity5. Export prices must rise for a nation to increase its exports because the nation:A. incurs increasing opportunity costs in export productionB. faces decreasing opportunity costs in producing import substitutesC. faces decreasing marginal rate of substitution in consumption*D. all of the above6. Which of the following statements regarding partial equilibrium analysis is false?A. It relies on traditional demand and supply curvesB. it isolates for study one market*C. it can be used to determine the equilibrium relative commodity price but not the equilibrium quantity with tradeD. none of the above7. Which of the following statements regarding partial equilibrium analysis is true?A. The demand and supply curve are derived from the nation's production frontier an d indifference mapB. It shows the same basic information as offer curvesC. It shows the same equilibrium relative commodity prices as with offer curves*D. all of the above 8. In what way does partial equilibrium analysis differ from general equilibrium analy sis?A. The former but not the latter can be used to determine the equilibrium price with tradeB. the former but not the latter can be used to determine the equilibrium quantity with tradeC. the former but not the latter takes into consideration the interaction among all ma rkets in the economy*D. the former gives only an approximation to the answer sought.9. If the terms of trade of a nation are 1.5 in a two-nation world, those of the tradepartner are:A. 3/4*B. 2/3C. 3/2D. 4/310. If the terms of trade increase in a two-nation world, those of the trade partner:*A. deteriorateB. improveC. remain unchangedD. any of the above11. If a nation does not affect world prices by its trading, its offer curve:A. is a straight lineB. bulges toward the axis measuring the import commodity*C. intersects the straight-line segment of the world's offer curveD. intersects the positively-sloped portion of the world's offer curve12. If the nation's tastes for its import commodity increases:A. the nation's offer curve rotates toward the axis measuring its import commodityB. the partner's offer curve rotates toward the axis measuring its import commodity C. the partner's offer curve rotates toward the axis measuring its export commodity *D. the nation's offer curve rotates toward the axis measuring its export commodity13. If the nation's tastes for its import commodity increases:A. the nation's terms of trade remain unchanged*B. the nation's terms of trade deteriorateC. the partner's terms of trade deteriorateD. any of the above14. If the tastes for a nation import commodity increases, trade volume:*A. increasesB. declinesC. remains unchangedD. any of the above15. A deterioration of a nation's terms of trade causes the nation's welfare to:A. deteriorateB. improveC. remain unchanged*D. any of the above思考题:提供曲线如何推导?有何用途?两国贸易时的均衡商品价格是如何决定的?受哪些因素影响?贸易条件的含义是?贸易条件的改善意味着什么?哪些因素可能导致贸易条件的改善?Chapter 5: Factor Endowments and the Heckscher-Ohlin Theory Multiple-Choice Questions1. The H-O model extends the classical trade model by:A. explaining the basis for comparative advantageB. examining the effect of trade on factor prices*C. both A and BD. neither A nor B2. Which is not an assumption of the H-O model:A. the same technology in both nationsB. constant returns to scale*C. complete specializationD. equal tastes in both nations3. With equal technology nations will have equal K/L in production if:*A. factor prices are the sameB. tastes are the sameC. production functions are the sameD. all of the above4. We say that commodity Y is K-intensive with respect to X when:A. more K is used in the production of Y than XB. less L is used in the production of Y than X*C. a lower L/K ratio is used in the production of Y than XD. a higher K/L is used in the production of X than Y5. When w/r falls, L/KA. falls in the production of both commodities*B. rises in the production of both commoditiesC. can rise or fallD. is not affected6. A nation is said to have a relative abundance of K if it has a:A. greater absolute amount of KB. smaller absolute amount of LC. higher L/K ratio*D. lower r/w 7. A difference in relative commodity prices between nations can be based on a diffe rence in:A. technologyB. factor endowmentsC. tastes*D. all of the above 8. In the H-O model, international trade is based mostly on a difference in:A. technology*B. factor endowmentsC. economies of scaleD. tastes 9. According to the H-O model, trade reduces international differences in:A. relative but not absolute factor pricesB. absolute but not relative factor prices*C. both relative and absolute factor pricesD. neither relative nor absolute factor prices10. According to the H-O model, international trade will:A. reduce international differences in per capita incomesB. increases international differences in per capita incomes*C. may increase or reduce international differences in per capita incomes D. lead to complete specialization11. The H-O model is a general equilibrium model because it deals with:A. production in both nationsB. consumption in both nationsC. trade between the two nations*D. all of the above12. The H-O model is a simplification of the a truly general equilibrium model b ecause because it deals with:A. two nationsB. two commoditiesC. two factors of production*D. all of the above13. The Leontief paradox refers to the empirical finding that U.S.*A. import substitutes are more K-intensive than exportsB. imports are more K-intensive than exportsC. exports are more L-intensive than importsD. exports are more K-intensive than import substitutes14. From empirical studies, we conclude that the H-O theory:A. must be rejectedB. must be accepted without reservations*C. can be accepted while awaiting further testingD. explains all international trade15. For factor reversal to occur, two commodities must be produced with:*A. sufficiently different elasticity of substitution of factors B. the same K/L ratioC. technologically-fixed factor proportionsD. equal elasticity of substitution of factors思考题:H-O理论有哪些假设?各假设的含义是什么?为什么要做出这些假设?如何检验H-O理论的正确性?H-O-S定理的假设条件又是什么?他与生产要素国际间的流动有何关系?如何检验H-O-S定理在现实中的可靠性?Chapter 6: Economies of Scale, Imperfect Competition, and International T radeMultiple-Choice Questions:1. Relaxing the assumptions on which the Heckscher-Ohlin theory rests:A. leads to rejection of the theoryB. leaves the theory unaffected*C. requires complementary trade theoriesD. any of the above.Which of the following assumptions of the Heckscher-Ohlin theory, when relaxed, leav ethe theory unaffected? t he A. Two nations, two commodities, and two factorsB. both nations use the same technologyC. the same commodity is L-intensive in both nations*D. all of the aboveWhich of the following assumptions of the Heckscher-Ohlin theory, when relaxed, require new trade theories? r equire *A. Economies of scaleB. incomplete specializationC. similar tastes in both nationsD. the existence of transportation costsInternational trade can be based on economies of scale even if both nations have ide ntical:A. factor endowmentsB. tastesC. technology*D. all of the above5. A great deal of international trade:A. is intra-industry tradeB. involves differentiated productsC. is based on monopolistic competition*D. all of the above6. The Heckscher-Ohlin and new trade theories explains most of the trade:A. among industrial countriesB. between developed and developing countriesC. in industrial goods*D. all of the aboveThe theory that a nation exports those products for which a large domestic market e xistswas advanced by: w as *A. LinderB. VernonC. LeontiefD. Ohlin8. Intra-industry trade takes place:A. because products are homogeneous*B. in order to take advantage of economies of scaleC. because perfect competition is the prevalent form of market organizationD. all of the aboveIf a nation exports twice as much of a differentiated product that it imports, its intra- i ndustry industry (T) index is equal to:A. 1.00B. 0.75*C. 0.50D. 0.2510. Trade based on technological gaps is closely related to:A. the H-O theory*B. the product-cycle theoryC. Linder's theoryD. all of the above11. Which of the following statements is true with regard to the product-cycle theor y?A. It depends on differences in technological changes over time among countriesB. it depends on the opening and the closing of technological gaps among countriesC. it postulates that industrial countries export more advanced products to less advanced countries*D. all of the above12. Transport costs:A. increase the price in the importing countryB. reduces the price in the exporting country*C. both of the aboveD. neither A nor B.13. Transport costs can be analyzed:A. with demand and supply curvesB. production frontiersC. offer curves*D. all of the above14. The share of transport costs will fall less heavily on the nation:*A. with the more elastic demand and supply of the traded commodityB. with the less elastic demand and supply of the traded commodityC. exporting agricultural productsD. with the largest domestic market15. A footloose industry is one in which the product:A. gains weight in processingB. loses weight in processingC. both of the above*D. neither A nor B.思考题:本章的贸易理论与基于比较优势的贸易理论有哪些不同?这两类贸易理论是互相排斥的吗?H-O理论与心贸易理论之间有什么经验关联?运输成本对H-O定理和H-O-S定理有何影响?不同的环保标准时如何影响产业选址及国际贸易的?2009年底联合国哥本哈根气候大会中的议题与国际贸易有何关系?这对我国经贸发展有何影响?Chapter 7: Economic Growth and International Trade Multiple-Choice Questions1. Dynamic factors in trade theory refer to changes in:A. factor endowmentsB. technologyC. tastes*D. all of the above2. Doubling the amount of L and K under constant returns to scale:A. doubles the output of the L-intensive commodityB. doubles the output of the K-intensive commodityC. leaves the shape of the production frontier unchanged*D. all of the above.3. Doubling only the amount of L available under constant returns to scale:A. less than doubles the output of the L-intensive commodity*B. more than doubles the output of the L-intensive commodityC. doubles the output of the K-intensive commodityD. leaves the output of the K-intensive commodity unchanged4. The Rybczynski theorem postulates that doubling L at constant relative commodity prices:A. doubles the output of the L-intensive commodity*B. reduces the output of the K-intensive commodityC. increases the output of both commoditiesD. any of the above5. Doubling L is likely to:A. increases the relative price of the L-intensive commodityB. reduces the relative price of the K-intensive commodity*C. reduces the relative price of the L-intensive commodityD. any of the aboveTechnical progress that increases the productivity of L proportionately more than the productivity of K is called: p roductivity *A. capital savingB. labor savingC. neutralD. any of the above7. A 50 percent productivity increase in the production of commodity Y:A. increases the output of commodity Y by 50 percentB. does not affect the output of XC. shifts the production frontier in the Y direction only*D. any of the above8. Doubling L with trade in a small L-abundant nation:*A. reduces the nation's social welfareB. reduces the nation's terms of tradeC. reduces the volume of tradeD. all of the above 9. Doubling L with trade in a large L-abundant nation:A. reduces the nation's social welfareB. reduces the nation's terms of tradeC. reduces the volume of trade*D. all of the aboveIf, at unchanged terms of trade, a nation wants to trade more after growth, then the n ation's nation's terms of trade can be expected to:*A. deteriorateB. improveC. remain unchangedD. any of the above A proportionately greater increase in the nation's supply of labor than of capital is lik ely to result in a deterioration in the nation's terms of trade if the nation exports: to A. the K-intensive commodity*B. the L-intensive commodityC. either commodityD. both commodities12. Technical progress in the nation's export commodity:*A. may reduce the nation's welfareB. will reduce the nation's welfareC. will increase the nation's welfareD. leaves the nation's welfare unchanged13. Doubling K with trade in a large L-abundant nation:A. increases the nation's welfareB. improves the nation's terms of tradeC. reduces the volume of trade*D. all of the above14. An increase in tastes for the import commodity in both nations:A. reduces the volume of trade*B. increases the volume of tradeC. leaves the volume of trade unchangedD. any of the above15. An increase in tastes of the import commodity of Nation A and export in B:*A. will reduce the terms of trade of Nation AB. will increase the terms of trade of Nation AC. will reduce the terms of trade of Nation BD. any of the above思考题:要素积累和技术进步如何影响一国的生产可能性曲线的形状和位置?何种类型的经济增长最可恩能够导致国家福利的下降?那种类型的经济增长最可能导致国家福利的改善?Chapter 8: Trade Restrictions: TariffsMultiple-choice Questions1. Which of the following statements is incorrect?A. An ad valorem tariff is expressed as a percentage of the value of the traded com modityB. A specific tariff is expressed as a fixed sum of the value of the traded commodity.C. Export tariffs are prohibited by the U.S. Constitution*D. The U.S. uses exclusively the specific tariff 2. A small nation is one:A. which does not affect world price by its tradingB. which faces an infinitely elastic world supply curve for its import commodityC. whose consumers will pay a price that exceeds the world price by the amount of t he tariff*D. all of the above3. If a small nation increases the tariff on its import commodity, its:A. consumption of the commodity increasesB. production of the commodity decreasesC. imports of the commodity increase*D. none of the aboveThe increase in producer surplus when a small nation imposes a tariff is measured by the area:*A. to the left of the supply curve between the commodity price with and without th e tariffB. under the supply curve between the quantity produced with and without the tariffC. under the demand curve between the commodity price with and without the tariffD. none of the above.。
国际经济学期末复习题(选择名词)
单项选择题1.从国际经济学的角度来考察,构成经济活动的基本单位或行为主体是( d )A 企业B 居民户C 家庭D 国家2.下列选项中不属于比较利益学说假设的是( b )A 以劳动价值论为基础B 要素是完全流动的C 要素和产品市场都是完全竞争的D 收入分配不受贸易影响3.分配进口配额常常要与进口许可证相结合,下列不属于分配许可证的方法是( a )A.政府适当分配 B.竞争性拍卖C.固定的受惠 D.资源使用申请程序4.倾销行为主要分为两种,包括( c )A.掠夺性倾销和间歇性倾销 B.攻击性倾销和间歇性倾销C.持续性倾销和掠夺性倾销 D.持续性倾销和间歇性倾销5.战略性贸易政策的核心内容是( c )A.鼓励企业积极参与国际竞争 B.反倾销政策C.通过政府干预发展本国产业的竞争优势 D.出口补贴6.采取出口导向战略的国家倾向于( b )A.保护贸易政策 B.自由贸易政策 C.非关税贸易壁垒 D.关税贸易壁垒7.当出现需求无弹性时,一国货币贬值可以导致( b )A.贸易收支改善 B.贸易收支恶化 C.出口数量下降 D.出口换汇增加8.国际收支的调节方式不包括( c )A.动用国际储备 B.调整汇率 C.调整工资 D.调整货币发行量9.一般而言,随着中间产品交易规模的扩大,企业为扩展国际市场应采取( b )A出口方式 B直接投资方式 C发放许可证方式 D间接投资方式10. 国际经济一体化组织的建立对各成员国产生的静态影响包括( a )A.贸易创造和贸易转移B.贸易创造和大市场效应C.贸易转向和竞争效应D.大市场效应和竞争效应11.下列哪个不是国际经济学研究的内容( d )A国际贸易纯理论研究B外汇理论研究C跨国公司研究D国内消费水平研究12.根据相互需求原理,两国均衡的交换比例取决于( c )A 两国的绝对优势B 两国的比较优势C 两国的相对需求强度D 两国的要素禀赋13.如果两个人在商品生产中具有不同的机会成本,那么他们在专业化分工和交换中( d )A.都受损 B.一人受益,一人受损 C.既不受益,也不受损 D.都能够受益14.在两国模型中,国际均衡价格一定处于两国贸易前的( c )。
国际经济学考试试题
国际经济学考试试题一、单项选择题(每题 2 分,共 30 分)1、从国际经济资源流动的难度看,最容易流动的要素是()A 商品B 资本C 人员D 技术2、假定闭关自守的状态下,X 商品的价格,在 A 国是 10 美元,在 B 国是 8 美元,C 国是 6 美元,并且 A 国是小国,不能通过贸易影响 B 国和 C 国的价格。
如果 A 国对从 B 国和 C 国进口的 X 商品最初征收非歧视性的 100%的从价税,那么,A 国是()A 贸易创造国B 贸易转移国C 贸易受损国D 无法确定3、比较优势理论认为国际贸易的驱动力是()A 劳动生产率的差异B 技术水平的差异C 产品品质的差异D 价格的差异4、以下哪种贸易政策会降低本国的福利水平()A 出口补贴B 进口关税C 进口配额D 自愿出口限制5、能反映规模经济理论本意的是()A 规模报酬递减B 规模报酬递增C 规模报酬不变D 以上都不对6、幼稚产业保护论的提出者是()A 亚当·斯密B 大卫·李嘉图C 汉密尔顿D 李斯特7、当一国政府对某种产品征收进口关税时,若该产品的需求弹性大于供给弹性,生产者与消费者承担关税的程度是()A 前者大于后者B 后者大于前者C 两者相等D 不确定8、一国货币贬值对其进出口收支产生何种影响()A 出口增加,进口减少B 出口减少,进口增加C 出口增加,进口增加D 出口减少,进口减少9、在浮动汇率制下,当一国国际收支出现逆差时,该国货币汇率会()A 上升B 下降C 不变D 不确定10、以下哪项不是国际收支平衡表中的项目()A 经常项目B 资本项目C 错误与遗漏项目D 国内生产总值项目11、购买力平价理论的基础是()A 一价定律B 利率平价C 相对购买力平价D 绝对购买力平价12、国际收支调整的弹性分析法的假设前提不包括()A 不存在国际资本流动B 汇率由货币当局决定C 马歇尔勒纳条件成立D 进出口商品的供给弹性无穷大13、下列属于直接标价法的是()A 1 美元=68 人民币B 1 人民币=015 美元C 1 英镑=12 欧元D 1 欧元=085 英镑14、蒙代尔弗莱明模型主要分析在资本完全流动的情况下,()政策的有效性。
大学课程《国际经济学》专业期末试题A卷及答案
《国际经济学》补考试卷(A卷)一、选择题(每题2分,共20分)1.国际经济学研究的是( )A.一国范围内不同地区的资源配置B.一国范围内生产力在各地区的合理布局C.区域经济发展政策D.跨国界资源分配和生产力合理布局2.绝对利益学说的提出者是 ( )A.斯密B.李嘉图C.奥林D.魁奈3.对于进口国来说,进口商品后,生产者集团的剩余是( )A.变大B.变小C.不变D.不能确定4.偏向出口的生产要素增长会使该国的贸易规模( )A.增长B.减少C.不变D.有时增长有时减少5.重叠需求贸易只有在( )A.收入水平相近的国家之间进行B.收入水平差距很远的国家之间进行C.生产要素禀赋差异很小的国家之间进行D.自然资源禀赋差异很小的国家之间进行6.劳动力在各国间的流动使劳动力的流入国( )A.劳动力需求方受损,而供给方获利B.劳动力需求方受损,而供给方亦受损C.劳动力需求方获利,而供给方受损D.劳动力需求方获利,而供给方亦获利7.同样一件商品,在英国卖50英镑,而在美国卖80美元,假设一价定律成立,则1英镑相当于()美元。
A. 1.0B. 1.6C. 0.625D. 不确定8.国际收支统计的记帐方法是()A.借贷记帐法 B.复式簿记法 C.收付记帐法 D.流水帐9.购买力平价理论的基本假定是()A.一价定律 B.充分就业经济状态C.市场分割 D.实行价格歧视10.最早提出著名的价格——铸币流动机制的经济学家是()A.亚历山大 B.凯恩斯 C.休谟 D.马歇尔二、判断题,对的打“√”、错的打“╳”(每题1分,共10分)1.本国偏向出口的经济增长,会使本国贸易条件恶化。
2.要素禀赋理论实际上是一种长期分析,而特定要素模型是一种短期分析。
3.重叠需求国际贸易不是无条件的,它只发生在收入水平相近的国家之间。
4.在规模经济条件下,国际分工格局亦是确定的。
5.形成倾销的条件之一是国内外市场的需求弹性不一,国外需求弹性较小。
国际经济学期末考试试题
国际经济学课程期末考试试卷(第 A 卷)考试专业班级国贸09级考试形式闭卷考试时间120 分钟考试学期 2011年上学期考试类型考试命题教师1.国际经济学理论体系发展阶段不包括()。
A.重商主义B.古典的自由贸易理论C.现代国际经济理论D.重农主义2.微观经济学研究的是单个社会的资源配置问题,而国际贸易理论研究的是()。
A.一国的资源配置问题B.两国范围内的资源配置问题C.地区范围内的资源配置问题D.世界范围内的资源配置问题3. 属于“贸易三角”构成部分的几何图形是()。
A国际比价线B提供曲线C生产可能性边界D相互需求曲线4.斯密在批判重商主义的同时还提出了 ( )。
A.自由贸易思想B.管理贸易思想C.保护贸易思想D.干预贸易思想5. 不改变贸易结构,只改变贸易规模的增长方式有( )。
A.偏向进口的生产要素增长B.偏向出口的生产要素增长C.生产要素等比例增长D.悲惨的增长6. 国际贸易中发生“悲惨的增长”的条件有()。
A.产品需求弹性较高 B.产品需求弹性较低C.产品需求无弹性 D.产品需求弹性无穷大7. 根据要素禀赋论,一国出口的应该是密集地使用了本国比较()要素的产品。
A. 丰裕B. 稀缺C. 密集D. 上述说法都不对8. 从国际贸易对生产要素分配的影响来看,国际贸易有利于()。
A .生产进口竞争品中密集使用的生产要素收入的增加B.生产进口竞争品中密集使用的共同生产要素收入的增加C.生产出口品中密集使用的共同生产要素收入的增加D.生产出口品中密集使用的生产要素收入的增加9. 对于存在共同生产要素的两个生产部门而言,一个部门产品价格水平的上升将导致另一部门共同生产要素的流出。
同时,共同生产要素流出部门专门生产要素的收入水平将()A.上升B.下降C.不变D.无法确定10. 如果X、Y商品的价格上升同样的幅度,则名义工资和劳动力在两部门之间的分配情况应当是( )。
A.名义工资上升,劳动力从X流向YB.名义工资上升,劳动力从Y流向XC.名义工资上升,劳动力的分配不变D.名义工资下降,劳动力的分配不变11. 重叠需求贸易理论从需求的角度对产业内贸易加以概括和解释,对国际贸易理论的发展作出了重要贡献。
国际经济学期末考试题
国际经济学期末考试题一、选择题(每题5分,共20题,共计100分)1. "供给"指的是:A. 指商品的市场供应量。
B. 指货币的供应量。
C. 指资金的供应量。
D. 指劳动力的供应量。
2. 比较优势理论是谁提出的?A. 亚当·斯密B. 大卫·李嘉图C. 约翰·梅纳德·凯恩斯D. 弗里德曼3. 外汇市场上的汇率是由什么决定的?A. 外汇储备的数量B. 国内物价水平C. 利率水平D. 外国利率水平4. 以下哪个国际组织主要致力于促进全球贸易自由化?A. 世界贸易组织(WTO)B. 国际货币基金组织(IMF)C. 世界银行(WB)D. 美洲国家组织(OAS)5. 货币政策的主要目标之一是:A. 维持物价稳定B. 促进经济增长C. 降低利率D. 减少失业率6. 国际分工的好处包括:A. 提高生产效率B. 扩大市场规模C. 促进技术创新D. 所有选项都正确7. 如果一个国家的汇率升值,会对该国的贸易产生什么影响?A. 减少出口,增加进口B. 增加出口,减少进口C. 减少出口和进口D. 增加出口和进口8. 当通货膨胀率高于预期的时候,央行可能会采取的货币政策措施是:A. 加息B. 降息C. 货币放松D. 不采取任何措施9. 名义利率是指:A. 不包括通货膨胀的利率B. 超额储蓄的利率C. 包括通货膨胀的利率D. 市场利率10. 直接投资是指:A. 跨国公司间的资金流动B. 外商在本国购买股票和债券C. 资本流动到国际间接投资基金D. 政府间的经济援助二、简答题(每题20分,共计40分)1. 解释比较优势理论,并举例说明其应用。
2. 简述外汇市场的功能和作用。
三、论述题(共计60分)1. 请阐述货币政策对经济的影响,以及央行在实施货币政策时需要考虑哪些因素。
2. 选择一个国际组织,介绍其目标、职责以及对国际经济的影响。
四、分析题(共计80分)某国经济遭受一次严重的金融危机,失业率飙升,通货膨胀率上升,人民币贬值,并且国内外投资都受到了打击。
国际经济学试题及答案
国际经济学试题及答案一、选择题1. 国际经济学研究的核心问题是什么?A. 国内经济政策B. 国际贸易与投资C. 国际货币体系D. 国际政治关系答案:B2. 根据比较优势理论,一个国家应该专门生产并出口什么?A. 其资源最丰富的商品B. 其生产成本最低的商品C. 其技术最先进的商品D. 其劳动力成本最低的商品答案:B3. 以下哪项不是贸易保护主义的措施?A. 关税B. 配额C. 出口补贴D. 进口许可证答案:C二、简答题1. 简述绝对优势理论的基本内容。
答案:绝对优势理论由亚当·斯密提出,主张一个国家应该生产并出口其生产效率最高的商品,进口其生产效率最低的商品。
该理论认为,即使一个国家在所有商品的生产上都没有绝对优势,它仍然可以通过专业化生产效率相对较高的商品来获得贸易利益。
2. 什么是国际收支平衡表?答案:国际收支平衡表是一个记录一个国家与其他国家之间所有经济交易的统计报表。
它包括经常账户、资本和金融账户以及官方储备账户。
经常账户记录商品和服务的交易,资本和金融账户记录资本流动和金融资产的交易,官方储备账户记录中央银行的外汇储备变动。
三、论述题1. 论述汇率变动对国际贸易的影响。
答案:汇率变动对国际贸易有重要影响。
当一个国家的货币升值时,其出口商品在国际市场上的价格上升,竞争力下降,导致出口减少;同时,进口商品的价格下降,国内消费者更倾向于购买外国商品,导致进口增加。
相反,当一个国家的货币贬值时,其出口商品的价格下降,竞争力增强,促进出口;进口商品的价格上升,抑制进口。
此外,汇率变动还会影响跨国公司的投资决策,因为投资成本和收益会随着汇率变动而变化。
2. 分析全球化对发展中国家的影响。
答案:全球化为发展中国家带来了机遇和挑战。
机遇方面,全球化促进了资本、技术和信息的流动,为发展中国家提供了更多的市场机会和投资机会,有助于提高生产效率和经济增长。
挑战方面,全球化加剧了国际竞争,对发展中国家的产业和就业产生压力,可能导致收入差距扩大。
《国际经济学》期末考试试卷附答案
《国际经济学》期末考试试卷附答案一、判断正(√)、误(×)题(2’×10)()1.若大学教师用大部分时间来搞研究,可能会出更多的成果,但机会成本是备课时间减少,从而会影响课堂教学的质量。
()2.“个税起征点提高至3000元,将促进内需增加”是实证经济学命题。
()3.需求量的变动是引起均衡价格波动的直接原因。
()4.因随消费量增加总效用会增加,所以商品需求曲线应呈正斜率。
()5.无差异曲线与预算线相切时,消费者实现了效用最大化。
()6.AP曲线一定经过MP曲线的最高点,并与X轴相交。
()7.变动成本VC就是总成本TC曲线的斜率。
()8.完全竞争厂商实现长期均衡的条件为:MR=MC=AR=AC。
()9.GDP即国内生产总值,是一个流量指标。
()10.从总供给看,四部门的国民收入应为:Y=C+S+T+X。
二、单项选择题(2’×15)1.经济学可定义为()。
A.研究政府对市场制度的调节问题B.研究稀缺资源的配置效率问题C.研究企业如何赚取利润的问题D.研究如何使人变得更无私,以缓解资源稀缺性问题2.海南离岛免税政策的正式实施,使海南旅游市场()迅速增加。
A.供给B.供给量C.需求D.需求量3.消费者剩余是指消费者()。
A.实际支付的金额B.愿意支付的金额C.获得额外的满意程度D.愿意支付金额与实际支付金额之差4.当某消费者由商品X的消费获得的边际效用MU X = 0时,()。
A.TU X = 0 B.TU X达最大C.TU X上升D.TU X下降5.如果某商品的价格下跌10%,引起需求量增加20%,则该商品()。
A.需求富有弹性B.需求单一弹性C.需求缺乏弹性D.需求完全弹性6.当其他条件不变时,农民收入的增加会使其()向右移动。
A.预算线B.无差异曲线C.供给曲线D.边际收益曲线7.当单个可变要素的投入量处于合理区域时,必然有()。
A.TP开始下降B.MP开始上升C.AP≥MP D.AP≤MP8.在短期内,AC与AVC之间的垂直距离()。
(完整)《国际经济学》期末复习试卷5份和试题库(含答案)解析,推荐文档
《国际经济学》模拟试题及参考答案(一)一、名词解释(每小题5 分,共20 分)1.要素禀赋2.倾销3.黄金输送点4.三元悖论二、单项选择题:从下列每小题的四个选项中,选出一项正确的,将其标号填在题后的括号内。
(每小题2 分,共20 分)2.根据相互需求原理,两国均衡的交换比例取决于()A 两国的绝对优势B 两国的比较优势C 两国的相对需求强度D 两国的要素禀赋3.在当今的国际贸易格局中,产业内贸易更容易发生于()A 发展中国家与发达国家B 发达国家与发达国家C 发展中国家与发展中国家D 发展中国家和最不发达国家4.课征关税会增加生产者剩余,减少消费者剩余,社会总福利的变化将()A 上升B 降低C 不变D 不确定5.以下选项中,哪个选项不属于国际收支统计中居民的概念?()A 外国企业B 非盈利机构C 国际经济组织D 政府7.布雷顿森林体系创立了()A 以英镑为中心的固定汇率制度B 以美元为中心的固定汇率制度C 以英镑为中心的有管理的浮动汇率制度D 以美元为中心的有管理的浮动汇率制度8.在下列投资方式中,属于国际间接投资的是()A 在国外设立分公司B 在国外设立独资企业C 在国外设立合资企业D 购买国外企业债券9.经济非均衡的无形传导方式不包括()A 技术转让B 信息交流C 信息回授D 示范效应10.在斯图旺表中第三象限表示()A 通货膨胀与国际收支顺差并存B 衰退与国际收支顺差并存C 衰退与国际收支逆差并存D 通货膨胀与国际收支逆差并存三、判断正误题:正确的命题在括号里划"√",错误的命题在括号里划"×"。
(每小题2 分,共20 分)1.亚当。
斯密的绝对利益学说和大卫•李嘉图的比较利益学说都是从劳动生产率差异的角度来解释国际贸易的起因。
()2.出口的贫困化增长现象是一种普遍存在的现象,几乎所有国家都曾出现过,并且很难避免。
()3.国际贸易与国内贸易有相同的起因和特征,彼此之间不存在本质上的差别。
最新国际经济学英文题库(最全版附答案)
【国际经济学】英文题库Chapter 1: IntroductionMultiple-Choice Questions1. Which of the following products are not produced at all in the United States?*A. Coffee, tea, cocoaB. steel, copper, aluminumC. petroleum, coal, natural gasD. typewriters, computers, airplanes2. International trade is most important to the standard of living of:A. the United States*B. SwitzerlandC. GermanyD. England3. Over time, the economic interdependence of nations has:*A. grownB. diminishedC. remained unchangedD. cannot say4. A rough measure of the degree of economic interdependence of a nation is given by:A. the size of the nations' populationB. the percentage of its population to its GDP*C. the percentage of a nation's imports and exports to its GDPD. all of the above5. Economic interdependence is greater for:*A. small nationsB. large nationsC. developed nationsD. developing nations6. The gravity model of international trade predicts that trade between two nations is largerA. the larger the two nationsB. the closer the nationsC. the more open are the two nations*D. all of the above7. International economics deals with:A. the flow of goods, services, and payments among nationsB. policies directed at regulating the flow of goods, services, and paymentsC. the effects of policies on the welfare of the nation*D. all of the above8. International trade theory refers to:*A. the microeconomic aspects of international tradeB. the macroeconomic aspects of international tradeC. open economy macroeconomics or international financeD. all of the above9. Which of the following is not the subject matter of international finance?A. foreign exchange marketsB. the balance of payments*C. the basis and the gains from tradeD. policies to adjust balance of payments disequilibria10. Economic theory:A. seeks to explain economic eventsB. seeks to predict economic eventsC. abstracts from the many detail that surrounds an economic event*D. all of the above11. Which of the following is not an assumption generally made in the study of inter national economics?A. two nationsB. two commodities*C. perfect international mobility of factorsD. two factors of production12. In the study of international economics:A. international trade policies are examined before the bases for tradeB. adjustment policies are discussed before the balance of paymentsC. the case of many nations is discussed before the two-nations case*D. none of the above13. International trade is similar to interregional trade in that both must overcome: *A. distance and spaceB. trade restrictionsC. differences in currenciesD. differences in monetary systems14. The opening or expansion of international trade usually affects all members of so ciety:A. positivelyB. negatively*C. most positively but some negativelyD. most negatively but some positively15. An increase in the dollar price of a foreign currency usually:A. benefit U.S. importers*B. benefits U.S. exportersC. benefit both U.S. importers and U.S. exportersD. harms both U.S. importers and U.S. exporters16. Which of the following statements with regard to international economics is true?A. It is a relatively new field*B. it is a relatively old fieldC. most of its contributors were not economistsD. none of the above思考题:1.为什么学习国际经济学非常重要?2.列举体现当前国际经济学问题的一些重要事件,它们为什么重要?3.当今世界面临的最重要的国家经济问题是什么?全球化的利弊各是什么?Chapter 2: The Law of Comparative AdvantageMultiple-Choice Questions1. The Mercantilists did not advocate:*A.free tradeB. stimulating the nation's exportsC. restricting the nations' importsD. the accumulation of gold by the nation2. According to Adam Smith, international trade was based on:*A. absolute advantageB. comparative advantageC. both absolute and comparative advantageD. neither absolute nor comparative advantage3. What proportion of international trade is based on absolute advantage?A. AllB. most*C. someD. none4. The commodity in which the nation has the smallest absolute disadvantage is the commodity of its:A. absolute disadvantageB. absolute advantageC. comparative disadvantage*D. comparative advantage5. If in a two-nation (A and B), two-commodity (X and Y) world, it is established tha t nation A has a comparative advantage in commodity X, then nation B must have:A. an absolute advantage in commodity YB. an absolute disadvantage in commodity YC. a comparative disadvantage in commodity Y*D. a comparative advantage in commodity Y6. If with one hour of labor time nation A can produce either 3X or 3Y while nationB can produce either 1X or 3Y (and labor is the only input):A. nation A has a comparative disadvantage in commodity XB. nation B has a comparative disadvantage in commodity Y*C. nation A has a comparative advantage in commodity XD. nation A has a comparative advantage in neither commodity7. With reference to the statement in Question 6:A. Px/Py=1 in nation AB. Px/Py=3 in nation BC. Py/Px=1/3 in nation B*D. all of the above8. With reference to the statement in Question 6, if 3X is exchanged for 3Y:A. nation A gains 2X*B. nation B gains 6YC. nation A gains 3YD. nation B gains 3Y9. With reference to the statement of Question 6, the range of mutually beneficial tra de between nation A and B is:A. 3Y < 3X < 5YB. 5Y < 3X < 9Y*C. 3Y < 3X < 9YD. 1Y < 3X < 3Y10. If domestically 3X=3Y in nation A, while 1X=1Y domestically in nation B:A. there will be no trade between the two nationsB. the relative price of X is the same in both nationsC. the relative price of Y is the same in both nations*D. all of the above11. Ricardo explained the law of comparative advantage on the basis of:*A. the labor theory of valueB. the opportunity cost theoryC. the law of diminishing returnsD. all of the above12. Which of the following statements is true?A. The combined demand for each commodity by the two nations is negatively slope dB. the combined supply for each commodity by the two nations is rising stepwiseC. the equilibrium relative commodity price for each commodity with trade is giv en by the intersection of the demand and supply of each commodity by the two nati ons*D. all of the above13. A difference in relative commodity prices between two nations can be based upo n a difference in:A. factor endowmentsB. technologyC. tastes*D. all of the above14. In the trade between a small and a large nation:A. the large nation is likely to receive all of the gains from trade*B. the small nation is likely to receive all of the gains from tradeC. the gains from trade are likely to be equally sharedD. we cannot say15. The Ricardian trade model has been empirically*A. verifiedB. rejectedC. not testedD. tested but the results were inconclusive思考题:比较优势原理所带来的贸易所得是从何而来的?贸易利益又是如何分配的?现实世界中比较优势是如何度量的?你认为目前中国具有比较优势的商品有哪些?这意味着什么?比较优势会不会发生变化?什么样的原因可能会导致其变化?经济学家是如何验证比较优势原理的?Chapter 3: The Standard Theory of International TradeMultiple-Choice Questions1. A production frontier that is concave from the origin indicates that the nation incur s increasing opportunity costs in the production of:A. commodity X onlyB. commodity Y only*C. both commoditiesD. neither commodity2. The marginal rate of transformation (MRT) of X for Y refers to:A. the amount of Y that a nation must give up to produce each additional unit of XB. the opportunity cost of XC. the absolute slope of the production frontier at the point of production*D. all of the above3. Which of the following is not a reason for increasing opportunity costs:*A. technology differs among nationsB. factors of production are not homogeneousC. factors of production are not used in the same fixed proportion in the production of all commoditiesD. for the nation to produce more of a commodity, it must use resources that are le ss and less suited in the production of the commodity4. Community indifference curves:A. are negatively slopedB. are convex to the originC. should not cross*D. all of the above5. The marginal rate of substitution (MRS) of X for Y in consumption refers to the:A. amount of X that a nation must give up for one extra unit of Y and still remain o n the same indifference curve*B. amount of Y that a nation must give up for one extra unit of X and still remain on the same indifference curveC. amount of X that a nation must give up for one extra unit of Y to reach a higher indifference curveD. amount of Y that a nation must give up for one extra unit of X to reach a higher indifference curve6. Which of the following statements is true with respect to the MRS of X for Y?A. It is given by the absolute slope of the indifference curveB. declines as the nation moves down an indifference curveC. rises as the nation moves up an indifference curve*D. all of the above7. Which of the following statements about community indifference curves is true?A. They are entirely unrelated to individuals' community indifference curvesB. they cross, they cannot be used in the analysis*C. the problems arising from intersecting community indifference curves can be over come by the application of the compensation principleD. all of the above.8. Which of the following is not true for a nation that is in equilibrium in isolation? *A. It consumes inside its production frontierB. it reaches the highest indifference curve possible with its production frontierC. the indifference curve is tangent to the nation's production frontierD. MRT of X for Y equals MRS of X for Y, and they are equal to Px/Py9. If the internal Px/Py is lower in nation 1 than in nation 2 without trade:A. nation 1 has a comparative advantage in commodity YB. nation 2 has a comparative advantage in commodity X*C. nation 2 has a comparative advantage in commodity YD. none of the above10. Nation 1's share of the gains from trade will be greater:A. the greater is nation 1's demand for nation 2's exports*B. the closer Px/Py with trade settles to nation 2's pretrade Px/PyC. the weaker is nation 2's demand for nation 1's exportsD. the closer Px/Py with trade settles to nation 1's pretrade Px/Py11. If Px/Py exceeds the equilibrium relative Px/Py with tradeA. the nation exporting commodity X will want to export more of X than at equilibr iumB. the nation importing commodity X will want to import less of X than at equilibri umC. Px/Py will fall toward the equilibrium Px/Py*D. all of the above12. With free trade under increasing costs:A. neither nation will specialize completely in productionB. at least one nation will consume above its production frontierC. a small nation will always gain from trade*D. all of the above13. Which of the following statements is false?A.The gains from trade can be broken down into the gains from exchange and the gains from specializationB. gains from exchange result even without specialization*C. gains from specialization result even without exchangeD. none of the above14. The gains from exchange with respect to the gains from specialization are alway s:A. greaterB. smallerC. equal*D. we cannot say without additional information15. Mutually beneficial trade cannot occur if production frontiers are:A. equal but tastes are notB. different but tastes are the sameC. different and tastes are also different*D. the same and tastes are also the same.思考题:国际贸易的标准理论与大卫.李嘉图的比较优势原理有何异同?两国仅仅由于需求偏好不同可以进行市场分工和狐狸贸易吗?两国仅仅由于要素禀赋不同和/或生产技术不同可以进行分工和贸易吗?Chapter 4: Demand and Supply, Offer Curves, and the Terms of TradeMultiple Choice Questions1. Which of the following statements is correct?A. The demand for imports is given by the excess demand for the commodityB. the supply of exports is given by the excess supply of the commodityC. the supply curve of exports is flatter than the total supply curve of the commodity *D. all of the above2. At a relative commodity price above equilibriumA. the excess demand for a commodity exceeds the excess supply of the commodityB. the quantity demanded of imports exceeds the quantity supplied of exports*C. the commodity price will fallD. all of the above3. The offer curve of a nation shows:A. the supply of a nation's importsB. the demand for a nation's exportsC. the trade partner's demand for imports and supply of exports*D. the nation's demand for imports and supply of exports4. The offer curve of a nation bulges toward the axis measuring the nationsA. import commodity*B. export commodityC. export or import commodityD. nontraded commodity5. Export prices must rise for a nation to increase its exports because the nation:A. incurs increasing opportunity costs in export productionB. faces decreasing opportunity costs in producing import substitutesC. faces decreasing marginal rate of substitution in consumption*D. all of the above6. Which of the following statements regarding partial equilibrium analysis is false?A. It relies on traditional demand and supply curvesB. it isolates for study one market*C. it can be used to determine the equilibrium relative commodity price but not the equilibrium quantity with tradeD. none of the above7. Which of the following statements regarding partial equilibrium analysis is true?A. The demand and supply curve are derived from the nation's production frontier an d indifference mapB. It shows the same basic information as offer curvesC. It shows the same equilibrium relative commodity prices as with offer curves*D. all of the above8. In what way does partial equilibrium analysis differ from general equilibrium analy sis?A. The former but not the latter can be used to determine the equilibrium price withtradeB. the former but not the latter can be used to determine the equilibrium quantity with tradeC. the former but not the latter takes into consideration the interaction among all ma rkets in the economy*D. the former gives only an approximation to the answer sought.9. If the terms of trade of a nation are 1.5 in a two-nation world, those of the trade partner are:A. 3/4*B. 2/3C. 3/2D. 4/310. If the terms of trade increase in a two-nation world, those of the trade partner: *A. deteriorateB. improveC. remain unchangedD. any of the above11. If a nation does not affect world prices by its trading, its offer curve:A. is a straight lineB. bulges toward the axis measuring the import commodity*C. intersects the straight-line segment of the world's offer curveD. intersects the positively-sloped portion of the world's offer curve12. If the nation's tastes for its import commodity increases:A. the nation's offer curve rotates toward the axis measuring its import commodityB. the partner's offer curve rotates toward the axis measuring its import commodit yC. the partner's offer curve rotates toward the axis measuring its export commodity *D. the nation's offer curve rotates toward the axis measuring its export commodity13. If the nation's tastes for its import commodity increases:A. the nation's terms of trade remain unchanged*B. the nation's terms of trade deteriorateC. the partner's terms of trade deteriorateD. any of the above14. If the tastes for a nation import commodity increases, trade volume:*A. increasesB. declinesC. remains unchangedD. any of the above15. A deterioration of a nation's terms of trade causes the nation's welfare to:A. deteriorateB. improveC. remain unchanged*D. any of the above思考题:提供曲线如何推导?有何用途?两国贸易时的均衡商品价格是如何决定的?受哪些因素影响?贸易条件的含义是?贸易条件的改善意味着什么?哪些因素可能导致贸易条件的改善?Chapter 5: Factor Endowments and the Heckscher-Ohlin TheoryMultiple-Choice Questions1. The H-O model extends the classical trade model by:A. explaining the basis for comparative advantageB. examining the effect of trade on factor prices*C. both A and BD. neither A nor B2. Which is not an assumption of the H-O model:A. the same technology in both nationsB. constant returns to scale*C. complete specializationD. equal tastes in both nations3. With equal technology nations will have equal K/L in production if:*A. factor prices are the sameB. tastes are the sameC. production functions are the sameD. all of the above4. We say that commodity Y is K-intensive with respect to X when:A. more K is used in the production of Y than XB. less L is used in the production of Y than X*C. a lower L/K ratio is used in the production of Y than XD. a higher K/L is used in the production of X than Y5. When w/r falls, L/KA. falls in the production of both commodities*B. rises in the production of both commoditiesC. can rise or fallD. is not affected6. A nation is said to have a relative abundance of K if it has a:A. greater absolute amount of KB. smaller absolute amount of LC. higher L/K ratio*D. lower r/w7. A difference in relative commodity prices between nations can be based on a diffe rence in:A. technologyB. factor endowmentsC. tastes*D. all of the above8. In the H-O model, international trade is based mostly on a difference in:A. technology*B. factor endowmentsC. economies of scaleD. tastes9. According to the H-O model, trade reduces international differences in:A. relative but not absolute factor pricesB. absolute but not relative factor prices*C. both relative and absolute factor pricesD. neither relative nor absolute factor prices10. According to the H-O model, international trade will:A. reduce international differences in per capita incomesB. increases international differences in per capita incomes*C. may increase or reduce international differences in per capita incomes D. lead to complete specialization11. The H-O model is a general equilibrium model because it deals with:A. production in both nationsB. consumption in both nationsC. trade between the two nations*D. all of the above12. The H-O model is a simplification of the a truly general equilibrium model because it deals with:A. two nationsB. two commoditiesC. two factors of production*D. all of the above13. The Leontief paradox refers to the empirical finding that U.S.*A. import substitutes are more K-intensive than exportsB. imports are more K-intensive than exportsC. exports are more L-intensive than importsD. exports are more K-intensive than import substitutes14. From empirical studies, we conclude that the H-O theory:A. must be rejectedB. must be accepted without reservations*C. can be accepted while awaiting further testingD. explains all international trade15. For factor reversal to occur, two commodities must be produced with:*A. sufficiently different elasticity of substitution of factorsB. the same K/L ratioC. technologically-fixed factor proportionsD. equal elasticity of substitution of factors思考题:H-O理论有哪些假设?各假设的含义是什么?为什么要做出这些假设?如何检验H-O理论的正确性?H-O-S定理的假设条件又是什么?他与生产要素国际间的流动有何关系?如何检验H-O-S定理在现实中的可靠性?Chapter 6: Economies of Scale, Imperfect Competition, and International T radeMultiple-Choice Questions:1. Relaxing the assumptions on which the Heckscher-Ohlin theory rests:A. leads to rejection of the theoryB. leaves the theory unaffected*C. requires complementary trade theoriesD. any of the above.Which of the following assumptions of the Heckscher-Ohlin theory, when relaxed, leav ethe theory unaffected?A. Two nations, two commodities, and two factorsB. both nations use the same technologyC. the same commodity is L-intensive in both nations*D. all of the aboveWhich of the following assumptions of the Heckscher-Ohlin theory, when relaxed, require new trade theories?*A. Economies of scaleB. incomplete specializationC. similar tastes in both nationsD. the existence of transportation costsInternational trade can be based on economies of scale even if both nations have ide ntical:A. factor endowmentsB. tastesC. technology*D. all of the above5. A great deal of international trade:A. is intra-industry tradeB. involves differentiated productsC. is based on monopolistic competition*D. all of the above6. The Heckscher-Ohlin and new trade theories explains most of the trade:A. among industrial countriesB. between developed and developing countriesC. in industrial goods*D. all of the aboveThe theory that a nation exports those products for which a large domestic market e xistswas advanced by:*A. LinderB. VernonC. LeontiefD. Ohlin8. Intra-industry trade takes place:A. because products are homogeneous*B. in order to take advantage of economies of scaleC. because perfect competition is the prevalent form of market organizationD. all of the aboveIf a nation exports twice as much of a differentiated product that it imports, its intra-industry (T) index is equal to:A. 1.00B. 0.75*C. 0.50D. 0.2510. Trade based on technological gaps is closely related to:A. the H-O theory*B. the product-cycle theoryC. Linder's theoryD. all of the above11. Which of the following statements is true with regard to the product-cycle theor y?A. It depends on differences in technological changes over time among countriesB. it depends on the opening and the closing of technological gaps among countriesC. it postulates that industrial countries export more advanced products to less advan ced countries*D. all of the above12. Transport costs:A. increase the price in the importing countryB. reduces the price in the exporting country*C. both of the aboveD. neither A nor B.13. Transport costs can be analyzed:A. with demand and supply curvesB. production frontiersC. offer curves*D. all of the above14. The share of transport costs will fall less heavily on the nation:*A. with the more elastic demand and supply of the traded commodityB. with the less elastic demand and supply of the traded commodityC. exporting agricultural productsD. with the largest domestic market15. A footloose industry is one in which the product:A. gains weight in processingB. loses weight in processingC. both of the above*D. neither A nor B.思考题:本章的贸易理论与基于比较优势的贸易理论有哪些不同?这两类贸易理论是互相排斥的吗?H-O理论与心贸易理论之间有什么经验关联?运输成本对H-O定理和H-O-S定理有何影响?不同的环保标准时如何影响产业选址及国际贸易的?2009年底联合国哥本哈根气候大会中的议题与国际贸易有何关系?这对我国经贸发展有何影响?Chapter 7: Economic Growth and International TradeMultiple-Choice Questions1. Dynamic factors in trade theory refer to changes in:A. factor endowmentsB. technologyC. tastes*D. all of the above2. Doubling the amount of L and K under constant returns to scale:A. doubles the output of the L-intensive commodityB. doubles the output of the K-intensive commodityC. leaves the shape of the production frontier unchanged*D. all of the above.3. Doubling only the amount of L available under constant returns to scale:A. less than doubles the output of the L-intensive commodity*B. more than doubles the output of the L-intensive commodityC. doubles the output of the K-intensive commodityD. leaves the output of the K-intensive commodity unchanged4. The Rybczynski theorem postulates that doubling L at constant relative commodity prices:A. doubles the output of the L-intensive commodity*B. reduces the output of the K-intensive commodityC. increases the output of both commoditiesD. any of the above5. Doubling L is likely to:A. increases the relative price of the L-intensive commodityB. reduces the relative price of the K-intensive commodity*C. reduces the relative price of the L-intensive commodityD. any of the aboveTechnical progress that increases the productivity of L proportionately more than the productivity of K is called:*A. capital savingB. labor savingC. neutralD. any of the above7. A 50 percent productivity increase in the production of commodity Y:A. increases the output of commodity Y by 50 percentB. does not affect the output of XC. shifts the production frontier in the Y direction only*D. any of the above8. Doubling L with trade in a small L-abundant nation:*A. reduces the nation's social welfareB. reduces the nation's terms of tradeC. reduces the volume of tradeD. all of the above9. Doubling L with trade in a large L-abundant nation:A. reduces the nation's social welfareB. reduces the nation's terms of tradeC. reduces the volume of trade*D. all of the aboveIf, at unchanged terms of trade, a nation wants to trade more after growth, then the nation's terms of trade can be expected to:*A. deteriorateB. improveC. remain unchangedD. any of the aboveA proportionately greater increase in the nation's supply of labor than of capital is lik elyto result in a deterioration in the nation's terms of trade if the nation exports: A. the K-intensive commodity*B. the L-intensive commodityC. either commodityD. both commodities12. Technical progress in the nation's export commodity:*A. may reduce the nation's welfareB. will reduce the nation's welfareC. will increase the nation's welfareD. leaves the nation's welfare unchanged13. Doubling K with trade in a large L-abundant nation:A. increases the nation's welfareB. improves the nation's terms of tradeC. reduces the volume of trade*D. all of the above14. An increase in tastes for the import commodity in both nations:A. reduces the volume of trade*B. increases the volume of tradeC. leaves the volume of trade unchangedD. any of the above15. An increase in tastes of the import commodity of Nation A and export in B:*A. will reduce the terms of trade of Nation AB. will increase the terms of trade of Nation AC. will reduce the terms of trade of Nation BD. any of the above思考题:要素积累和技术进步如何影响一国的生产可能性曲线的形状和位置?何种类型的经济增长最可恩能够导致国家福利的下降?那种类型的经济增长最可能导致国家福利的改善?Chapter 8: Trade Restrictions: TariffsMultiple-choice Questions1. Which of the following statements is incorrect?A. An ad valorem tariff is expressed as a percentage of the value of the traded com modityB. A specific tariff is expressed as a fixed sum of the value of the traded commodity.C. Export tariffs are prohibited by the U.S. Constitution*D. The U.S. uses exclusively the specific tariff2. A small nation is one:A. which does not affect world price by its tradingB. which faces an infinitely elastic world supply curve for its import commodityC. whose consumers will pay a price that exceeds the world price by the amount of t he tariff*D. all of the above3. If a small nation increases the tariff on its import commodity, its:A. consumption of the commodity increasesB. production of the commodity decreasesC. imports of the commodity increase*D. none of the aboveThe increase in producer surplus when a small nation imposes a tariff is measured by the area:*A. to the left of the supply curve between the commodity price with and without th e tariffB. under the supply curve between the quantity produced with and without the tariffC. under the demand curve between the commodity price with and without the tariffD. none of the above.。
国际经济学Multiple choices 1-3
12. A nation engaging in trade according toቤተ መጻሕፍቲ ባይዱthe Ricardian model will find its consumption bundle
A)inside its production possibilities frontier. B)on its production possibilities frontier. C)outside its production possibilities frontier. D) inside its trade-partner„s production possibilities frontier. E)on its trade-partner„s production possibilities frontier.
4. International monetary analysis focuses on A) the real side of the international economy. B) the international trade side of the international economy. C) the international investment side of the international economy. D) the issues of international cooperation between Central Banks. E) the monetary side of the international economy, such as currency exchange.
7. Why does the gravity model work?
国际经济学的复习题
国际经济学的复习题一、单项选择题1、如果d x、s x、d m和s m分别代表出口产品的需求弹性、出口产品的供给弹性、进口产品的需求弹性和进口产品的供给弹性,则马歇尔—勒纳条件用公式表示为()A.|d x+d m|>1 B.|d x+s x|>1C.|d m+s m|>1 D.|s x+s m|>12、在纽约外汇市场上,美元即期汇率为USD1=JPY110.7889,三个月远期美元贴水200点,则3个月美元远期汇率为()A.USD1=JPY110.5889 B.USD1=JPY110.7689C.USD1=JPY110.8089 D.USD1=JPY110.98893、从国际贸易对生产要素收入分配的短期影响来看,自由贸易会导致()A.生产进口竞争品部门使用的专门生产要素收入水平提高B.生产进口竞争品部门使用的共同生产要素收入水平下降C.生产出口品部门使用的共同生产要素收入水平提高D.生产出口品部门使用的专门生产要素收入水平提高4、在商品的国际比价保持不变的情况下,偏向出口的生产要素增长会()A.扩大出口品生产规模B.扩大进口品生产规模C.使贸易规模保持不变D.使贸易规模缩减5、在货币主义的汇率决定理论中,与本币价值负相关的变量是()A.本国国民收入B.外国国民收入C.外国的利息率D.外国货币供给6、不能解释产业内贸易现象的理论是()A.重叠需求理论B.规模经济理论C.要素禀赋理论D.相互倾销理论7、货币贬值对国内吸收的直接影响效应不包括()A.货币余额效应B.收入再分配效应C.货币幻觉效应D.贸易条件效应8、世界贸易组织(WTO)是关贸总协定主持的下列哪一回合谈判的结果()A.多哈回合B.乌拉圭回合C.东京回合D.安纳西回合9、成员国间实行自由贸易优惠协定并统一外部关税,但成员国间要素尚未实现自由流动的是()A. 自由贸易区B. 关税同盟C. 共同市场D. 经济联盟10、在幼稚产业的判定标准中,强调技术外溢和外部规模经济效果的是()A.李斯特标准B.肯普标准C.穆勒标准D.巴斯塔布尔标准11、根据蒙代尔提出的“分配法则”,当一国失业和逆差并存时,为实现经济的内外平衡,应采取的政策搭配是()A.紧财政、松货币B.松财政、松货币C.松财政、紧货币D.紧财政、紧货币12、通常与进口替代战略相配合的政策措施包括()A.降低关税壁垒B.高估本币价值C.放松外汇管制D.减少非关税壁垒13、征收进口关税对于进口国来说()A.不利于与进口产品相竞争的生产者B.使国内同类产品的生产减少C.有利于与进口产品相竞争的生产者D.使生产者剩余减少14、下列不属于绝对技术差异论与相对技术差异论共同的假设条件的是()A.生产要素在一国范围内各部门间可以自由流动B.生产要素都被充分利用C.生产要素在各国之间自由流动D.生产要素流动时机会成本不变15、如果机会成本是递增而不是固定不变的,国际贸易将导致()A.每个国家完全专业化,且生产成本下降B.每个国家不完全专业化,且出口生产成本不变C.每个国家不完全专业化,且出口产品的机会成本上升D.每个国家不完全专业化,且出口产品的机会成本下降16.如果一个中国工人能生产3匹布或者1辆汽车,一个美国工人能生产4匹布或2辆汽车,则能促进中国与美国进行贸易并各自收益的交换比率是()A.3匹布换1辆汽车B.4匹布换2辆汽车C.5匹布换2辆汽车D.3匹布换2辆汽车17.国际贸易使得价格上升部门所密集使用要素的实际收入提高,价格下降部门密集使用要素的实际收入下降,这是()A.赫克歇尔-俄林定理(Heckscher-Ohlin Theorem)B.罗伯津斯基定理(Rybczynski Theorem)C.斯托尔珀-萨谬尔森定理(Stolper-Samuelson Theorem)D.赫克歇尔-俄林-萨谬尔森定理(Heckscher-Ohlin-Samuelson Theorem)18.社会无差异曲线表示()A.一国公民不愿意与别国进行贸易的比例B.为多生产一单位其他产品而必须放弃的本来生产产品的数量C.能够为社会成员提供相同满意感的商品消费组合D.一国具有比较优势的产品19.可以帮助一国实现经济复苏和削减国际收支逆差的政策组合是()A.减少货币供给,货币升值B.减少货币供给,货币贬值C.增加货币供给,货币升值D.增加货币供给,货币贬值二、判断题1、某产品的国内生产销售价格是100万元,其中原料全部为国内采购,其价值是50万元,在生产中新增的价值是50万元,如果对这种产品征收20%的名义从价税,则名义关税的有效保护率是30%。
《国际经济学》期末复习试卷5份和试题库(含答案)
《国际经济学》模拟试题及参考答案(一)一、名词解释(每小题5 分,共20 分)1.要素禀赋2.倾销3.黄金输送点4.三元悖论二、单项选择题:从下列每小题的四个选项中,选出一项正确的,将其标号填在题后的括号内。
(每小题2 分,共20 分)2.根据相互需求原理,两国均衡的交换比例取决于()A 两国的绝对优势B 两国的比较优势C 两国的相对需求强度D 两国的要素禀赋3.在当今的国际贸易格局中,产业内贸易更容易发生于()A 发展中国家与发达国家B 发达国家与发达国家C 发展中国家与发展中国家D 发展中国家和最不发达国家4.课征关税会增加生产者剩余,减少消费者剩余,社会总福利的变化将()A 上升B 降低C 不变D 不确定5.以下选项中,哪个选项不属于国际收支统计中居民的概念?()A 外国企业B 非盈利机构C 国际经济组织D 政府7.布雷顿森林体系创立了()A 以英镑为中心的固定汇率制度B 以美元为中心的固定汇率制度C 以英镑为中心的有管理的浮动汇率制度D 以美元为中心的有管理的浮动汇率制度8.在下列投资方式中,属于国际间接投资的是()A 在国外设立分公司B 在国外设立独资企业C 在国外设立合资企业D 购买国外企业债券9.经济非均衡的无形传导方式不包括()A 技术转让B 信息交流C 信息回授D 示范效应10.在斯图旺表中第三象限表示()A 通货膨胀与国际收支顺差并存B 衰退与国际收支顺差并存C 衰退与国际收支逆差并存D 通货膨胀与国际收支逆差并存三、判断正误题:正确的命题在括号里划"√",错误的命题在括号里划"×"。
(每小题2 分,共20 分)1.亚当。
斯密的绝对利益学说和大卫•李嘉图的比较利益学说都是从劳动生产率差异的角度来解释国际贸易的起因。
()2.出口的贫困化增长现象是一种普遍存在的现象,几乎所有国家都曾出现过,并且很难避免。
()3.国际贸易与国内贸易有相同的起因和特征,彼此之间不存在本质上的差别。
国际经济学(0413006) 期末考试复习题及参考答案
9.俄林解释国际分工与国际贸易产生的原因,依据的是()。
A、绝对成本差异 B、比较成本差异 C、要素禀赋相对差异 D、规模经济效益递增
答案:C
10.()是海上货物运输保险合同保险人的责任期间。
A、钩到钩 B、舷到舷 C、仓至仓 D、门到门
答案:C
11.大部分发展中国家的货币()
A、正确 B、错误 答案:正确
8.利率平价论主要是讲短期汇率的决定,其基本条件是两国金融市场高度发达并紧密相连, 资金流动无障碍。
A、正确 B、错误 答案:正确
9.外汇市场通常上是一种无形市场。
A、正确 B、错误 答案:正确
四、名词解释 1. 相互倾销
答案:<p>由于倾销导致的同种产品的双向贸易情形就是所谓的相互倾销</p>
A、平安险 B、水渍险 C、一切险 D、战争险
答案:C
7.晚期重商主义又称为()。
A、重金主义 B、货币主义 C、货币差额论 D、贸易差额论
答案:D
8.根据《多边投资担保机构公约》的规定,下列()类国家是合格的东道国。
A、发展中国家会员国 B、发达国家会员国 C、实行计划经济的会员国 D、实行市场经济的会员国
一、单项选择题 1.让在适中用国(远洋)运输公司签发的一份提单中,收货人一栏的填写为“交持票人”,该提单的转
A、背书转让 B、交付即转让 C、按普通债权债务的转让方式 D、根本不能转让
答案:B
2.历史上第一个国际货币体系是()
A、国际金汇兑本位制 B、国际金本位制 C、布雷顿森林体系 D、牙买加体系
A、自由贸易政策 B、重商主义 C、保护贸易政策 D、管理贸易政策
答案:B
14.不改变贸易结构,只改变贸易规模的增长方式有()
《国际经济学》复习题及参考答案
《国际经济学》复习题及参考答案K135班一、名词解释1、国际经济学:是研究经济资源或稀缺资源在世界范围内的最优分配,以及在此过程中发生的经济活动和经济关系的科学。
2、倾销:海外的货物以低于同样货物的销售价格在同一时候在国内市场类似条件下的出售。
3、国际收支(广义):在特定的时期(一般为一年)内,一个经济体与世界其他地方的各项经济交易。
4、提供曲线:就是相互需求曲线,表明一个国家为了进口一定量的商品,必须向其他国家出口一定量的商品的交换比率。
5、关税同盟:它是指两个或两个以上的国家通过签订条约或协定取消区域内关税或其他进口限制,并对非同盟国家实行统一的关税率而缔结的同盟。
6、贸易条件:即商品的国际交换比率。
也就是单位出口能够换回的进口,用出口价格指数比进口价格指数。
7、外汇管制:一国政府通过法令对本国对外的国际结算和外汇买卖实行管制,用以实现国际收支平衡与本国货币汇率稳定的一种制度。
8、汇率:又称为汇价。
是不同货币在外汇买卖过程中形成的交换比率。
9、开放经济:一个经济与其外部存在着经济往来关系,如对外贸易、资金流动、劳动力流动等对外经济关系。
10、资本国际流动:指资本从一个国家、地区或经济体,转移到另一个国家、地区和经济体的过程。
二、判断题1、如果小国对进口商征收关税,那么关税造成的消费者损失小于国内生产商收益与政府关税收入之和。
×如果小国对进口商征收关税,那么关税造成的消费者损失大于国内生产商收益与政府关税收入之和。
2、李嘉图的比较优势理论指出,即使其中一个国家在所有产品上郡具有绝对成本优势,各国也可以根据比较优势进行专业化生产,然后通过贸易获益。
√3、贫穷化增长适用于长期以来人口增长快于国内生产总值增长的国家。
×贫穷化增长适用于经济是典型的单一经济,离开单一产品的的生产和出口,该国就会陷入困境的发展中国家。
4、社会无差异曲线用来表示能够为社会成员提供相同满意感的商品消费组合。
《国际经济学》期末测试题及答案
《国际经济学》期末测试题及答案第一套一、名词解释1. 国际贸易:是指不同国家和地区之间进行的商品和服务的交换。
2. 比较优势:是指一个国家在生产某种商品或提供某种服务上,相对于其他国家具有更低的机会成本。
3. 绝对优势:是指一个国家在生产某种商品或提供某种服务上,其生产效率高于其他国家。
4. 全球化:是指全球范围内的经济、政治、文化、社会等各方面的交流和融合。
5. 贸易保护主义:是指通过实施关税、配额等手段,限制外国商品和服务进入本国市场的政策。
二、填空题1. _______是国际贸易的主要形式之一。
答案:自由贸易2. _______是决定国际贸易的重要因素。
答案:比较优势3. _______是全球化的主要推动力之一。
答案:科技进步4. _______是全球化的主要挑战之一。
答案:文化冲突5. _______是贸易保护主义的主要手段之一。
答案:关税壁垒三、单项选择题1. 以下哪个选项不是决定国际贸易的因素?A. 生产成本B. 市场需求C. 政府政策D. 个人喜好答案:D2. 以下哪个选项不是全球化的推动力?A. 科技进步B. 文化交流C. 政治冲突D. 经济发展答案:C3. 以下哪个选项不是全球化的挑战?A. 文化冲突B. 环境问题C. 经济发展不平衡D. 人口增长答案:D4. 以下哪个选项不是贸易保护主义的手段?A. 关税壁垒B. 配额制度C. 非关税壁垒D. 自由贸易协定答案:D5. 以下哪个选项不是全球化的影响?A. 经济一体化B. 文化交流C. 政治冲突D. 技术进步答案:C四、多项选择题1. 以下哪些因素会影响国际贸易?()A. 生产成本B. 市场需求C. 政府政策D. 个人喜好答案:ABC2. 以下哪些是全球化的推动力?()A. 科技进步B. 文化交流C. 政治冲突D. 经济发展答案:ABD3. 以下哪些是全球化的挑战?()A. 文化冲突B. 环境问题C. 经济发展不平衡D. 人口增长答案:ABCD4. 以下哪些是贸易保护主义的手段?()A. 关税壁垒B. 配额制度C. 非关税壁垒D. 自由贸易协定答案:ABC5. 以下哪些是全球化的影响?()A. 经济一体化B. 文化交流C. 政治冲突D. 技术进步答案:ABD五、判断题1. 如果一个国家在生产某种商品或提供某种服务上,其生产效率低于其他国家,那么这个国家就没有比较优势。
国际经济学英文题库(最全版附答案)(可编辑修改word版)
【国际经济学】英文题库Chapter 1: IntroductionMultiple-Choice Questions1.Which of the following products are not produced at all in the United States? *A. Coffee, tea, cocoaB.steel, copper, aluminumC.petroleum, coal, natural gasD.typewriters, computers, airplanes2.International trade is most important to the standard of living of:A.the United States*B. SwitzerlandC. GermanyD. England3.Over time, the economic interdependence of nations has:*A. grownB.diminishedC.remained unchangedD.cannot say4.A rough measure of the degree of economic interdependence of a nation is give n by:A.the size of the nations' populationB.the percentage of its population to its GDP*C. the percentage of a nation's imports and exports to its GDPD. all of the above5.Economic interdependence is greater for:*A. small nationsrge nationsC.developed nationsD.developing nations6.The gravity model of international trade predicts that trade between two nations is largerA.the larger the two nationsB.the closer the nationsC.the more open are the two nations*D. all of the above7.International economics deals with:A.the flow of goods, services, and payments among nationsB.policies directed at regulating the flow of goods, services, and paymentsC.the effects of policies on the welfare of the nation*D. all of the above8.International trade theory refers to:*A. the microeconomic aspects of international tradeB.the macroeconomic aspects of international tradeC.open economy macroeconomics or international financeD.all of the above9.Which of the following is not the subject matter of international finance?A.foreign exchange marketsB.the balance of payments*C. the basis and the gains from tradeD. policies to adjust balance of payments disequilibria10.Economic theory:A.seeks to explain economic eventsB.seeks to predict economic eventsC.abstracts from the many detail that surrounds an economic event*D. all of the above11.Which of the following is not an assumption generally made in the study of int ernational economics?A.two nationsB.two commodities*C. perfect international mobility of factorsD. two factors of production12.In the study of international economics:A.international trade policies are examined before the bases for tradeB.adjustment policies are discussed before the balance of paymentsC.the case of many nations is discussed before the two-nations case*D. none of the above13.International trade is similar to interregional trade in that both must overcome: *A. distance and spaceB.trade restrictionsC.differences in currenciesD.differences in monetary systems14.The opening or expansion of international trade usually affects all members of s ociety:A.positivelyB.negatively*C. most positively but some negativelyD. most negatively but some positively15.An increase in the dollar price of a foreign currency usually:A. benefit U.S. importers*B. benefits U.S. exportersC. benefit both U.S. importers and U.S. exportersD. harms both U.S. importers and U.S. exporters16.Which of the following statements with regard to international economics is true?A. It is a relatively new field*B. it is a relatively old fieldC. most of its contributors were not economistsD. none of the above思考题:1.为什么学习国际经济学非常重要?2.列举体现当前国际经济学问题的一些重要事件,它们为什么重要?3.当今世界面临的最重要的国家经济问题是什么?全球化的利弊各是什么?Chapter 2: The Law of Comparative AdvantageMultiple-Choice Questions1.The Mercantilists did not advocate:*A.free tradeB.stimulating the nation's exportsC.restricting the nations' importsD.the accumulation of gold by the nation2.According to Adam Smith, international trade was based on:*A. absolute advantageparative advantageC.both absolute and comparative advantageD.neither absolute nor comparative advantage3.What proportion of international trade is based on absolute advantage?A.AllB.most*C. someD. none4.The commodity in which the nation has the smallest absolute disadvantage is the commodity of its:A.absolute disadvantageB.absolute advantageparative disadvantage*D. comparative advantage5.If in a two-nation (A and B), two-commodity (X and Y) world, it is established t hat nation A has a comparative advantage in commodity X, then nation B must hav e:A.an absolute advantage in commodity YB.an absolute disadvantage in commodity YC.a comparative disadvantage in commodity Y*D. a comparative advantage in commodity Y6.If with one hour of labor time nation A can produce either 3X or 3Y while natio n B can produce either 1X or 3Y (and labor is the only input):A.nation A has a comparative disadvantage in commodity XB.nation B has a comparative disadvantage in commodity Y*C. nation A has a comparative advantage in commodity XD. nation A has a comparative advantage in neither commodity7.With reference to the statement in Question 6:A.Px/Py=1 in nation AB.Px/Py=3 in nation BC.Py/Px=1/3 in nation B*D. all of the above8.With reference to the statement in Question 6, if 3X is exchanged for 3Y:A.nation A gains 2X*B. nation B gains 6YC. nation A gains 3YD. nation B gains 3Y9.With reference to the statement of Question 6, the range of mutually beneficial t rade between nation A and B is:A.3Y < 3X < 5YB.5Y < 3X < 9Y*C. 3Y < 3X < 9YD. 1Y < 3X < 3Y10.If domestically 3X=3Y in nation A, while 1X=1Y domestically in nation B:A.there will be no trade between the two nationsB.the relative price of X is the same in both nationsC.the relative price of Y is the same in both nations*D. all of the above11.Ricardo explained the law of comparative advantage on the basis of:*A. the labor theory of valueB.the opportunity cost theoryC.the law of diminishing returnsD.all of the above12.Which of the following statements is true?A.The combined demand for each commodity by the two nations is negatively slop edB.the combined supply for each commodity by the two nations is rising stepwiseC.the equilibrium relative commodity price for each commodity with trade is gi ven by the intersection of the demand and supply of each commodity by the two n ations*D. all of the above13.A difference in relative commodity prices between two nations can be based up on a difference in:A.factor endowmentsB.technologyC.tastes*D. all of the above14.In the trade between a small and a large nation:A. the large nation is likely to receive all of the gains from trade*B. the small nation is likely to receive all of the gains from tradeC. the gains from trade are likely to be equally sharedD. we cannot say15.The Ricardian trade model has been empirically*A. verifiedB.rejectedC.not testedD.tested but the results were inconclusive思考题:比较优势原理所带来的贸易所得是从何而来的?贸易利益又是如何分配的?现实世界中比较优势是如何度量的?你认为目前中国具有比较优势的商品有哪些?这意味着什么?比较优势会不会发生变化?什么样的原因可能会导致其变化?经济学家是如何验证比较优势原理的?Chapter 3: The Standard Theory of International TradeMultiple-Choice Questions1.A production frontier that is concave from the origin indicates that the nation inc urs increasing opportunity costs in the production of:modity X onlymodity Y only*C. both commoditiesD. neither commodity2.The marginal rate of transformation (MRT) of X for Y refers to:A.the amount of Y that a nation must give up to produce each additional unit of XB.the opportunity cost of XC.the absolute slope of the production frontier at the point of production*D. all of the above3.Which of the following is not a reason for increasing opportunity costs:*A. technology differs among nationsB.factors of production are not homogeneousC.factors of production are not used in the same fixed proportion in the production of all commoditiesD.for the nation to produce more of a commodity, it must use resources that are l ess and less suited in the production of the commoditymunity indifference curves:A.are negatively slopedB.are convex to the originC.should not cross*D. all of the above5.The marginal rate of substitution (MRS) of X for Y in consumption refers to the:A.amount of X that a nation must give up for one extra unit of Y and still remain on the same indifference curve*B. amount of Y that a nation must give up for one extra unit of X and still remai n on the same indifference curveC. amount of X that a nation must give up for one extra unit of Y to reach a high er indifference curveD. amount of Y that a nation must give up for one extra unit of X to reach a high er indifference curve6.Which of the following statements is true with respect to the MRS of X for Y?A.It is given by the absolute slope of the indifference curveB.declines as the nation moves down an indifference curveC.rises as the nation moves up an indifference curve*D. all of the above7.Which of the following statements about community indifference curves is true?A.They are entirely unrelated to individuals' community indifference curvesB.they cross, they cannot be used in the analysis*C. the problems arising from intersecting community indifference curves can be ov ercome by the application of the compensation principleD. all of the above.8.Which of the following is not true for a nation that is in equilibrium in isolation? *A. It consumes inside its production frontierB.it reaches the highest indifference curve possible with its production frontierC.the indifference curve is tangent to the nation's production frontierD.MRT of X for Y equals MRS of X for Y, and they are equal to Px/Py9.If the internal Px/Py is lower in nation 1 than in nation 2 without trade:A.nation 1 has a comparative advantage in commodity YB.nation 2 has a comparative advantage in commodity X*C. nation 2 has a comparative advantage in commodity YD. none of the above10.Nation 1's share of the gains from trade will be greater:A. the greater is nation 1's demand for nation 2's exports*B. the closer Px/Py with trade settles to nation 2's pretrade Px/PyC. the weaker is nation 2's demand for nation 1's exportsD. the closer Px/Py with trade settles to nation 1's pretrade Px/Py11.If Px/Py exceeds the equilibrium relative Px/Py with tradeA.the nation exporting commodity X will want to export more of X than at equili briumB.the nation importing commodity X will want to import less of X than at equili briumC.Px/Py will fall toward the equilibrium Px/Py*D. all of the above12.With free trade under increasing costs:A.neither nation will specialize completely in productionB.at least one nation will consume above its production frontierC.a small nation will always gain from trade*D. all of the above13.Which of the following statements is false?A.T he gains from trade can be broken down into the gains from exchange and the gains from specializationB.gains from exchange result even without specialization*C. gains from specialization result even without exchangeD. none of the above14.The gains from exchange with respect to the gains from specialization are alwa ys:A.greaterB.smallerC.equal*D. we cannot say without additional information15.Mutually beneficial trade cannot occur if production frontiers are:A.equal but tastes are notB.different but tastes are the sameC.different and tastes are also different*D. the same and tastes are also the same.思考题:国际贸易的标准理论与大卫.李嘉图的比较优势原理有何异同?两国仅仅由于需求偏好不同可以进行市场分工和狐狸贸易吗?两国仅仅由于要素禀赋不同和/或生产技术不同可以进行分工和贸易吗?Chapter 4: Demand and Supply, Offer Curves, and the Terms of TradeMultiple Choice Questions1.Which of the following statements is correct?A.The demand for imports is given by the excess demand for the commodityB.the supply of exports is given by the excess supply of the commodityC.the supply curve of exports is flatter than the total supply curve of the commodi ty*D. all of the above2.At a relative commodity price above equilibriumA.the excess demand for a commodity exceeds the excess supply of the commodit yB.the quantity demanded of imports exceeds the quantity supplied of exports*C. the commodity price will fallD. all of the above3.The offer curve of a nation shows:A.the supply of a nation's importsB.the demand for a nation's exportsC.the trade partner's demand for imports and supply of exports*D. the nation's demand for imports and supply of exports4.The offer curve of a nation bulges toward the axis measuring the nationsA.import commodity*B. export commodityC. export or import commodityD. nontraded commodity5.Export prices must rise for a nation to increase its exports because the nation:A.incurs increasing opportunity costs in export productionB.faces decreasing opportunity costs in producing import substitutesC.faces decreasing marginal rate of substitution in consumption*D. all of the above6.Which of the following statements regarding partial equilibrium analysis is false?A.It relies on traditional demand and supply curvesB.it isolates for study one market*C. it can be used to determine the equilibrium relative commodity price but not th e equilibrium quantity with tradeD. none of the above7.Which of the following statements regarding partial equilibrium analysis is true?A.The demand and supply curve are derived from the nation's production frontier a nd indifference mapB.It shows the same basic information as offer curvesC.It shows the same equilibrium relative commodity prices as with offer curves*D. all of the above8.In what way does partial equilibrium analysis differ from general equilibrium anal ysis?A.The former but not the latter can be used to determine the equilibrium price wit h tradeB.the former but not the latter can be used to determine the equilibrium quantitywith tradeC.the former but not the latter takes into consideration the interaction among all markets in the economy*D. the former gives only an approximation to the answer sought.9.If the terms of trade of a nation are 1.5 in a two-nation world, those of the trade partner are:A. 3/4*B. 2/3C. 3/2D. 4/310.If the terms of trade increase in a two-nation world, those of the trade partner :*A. deteriorateB.improveC.remain unchangedD.any of the above11.If a nation does not affect world prices by its trading, its offer curve:A.is a straight lineB.bulges toward the axis measuring the import commodity*C. intersects the straight-line segment of the world's offer curveD. intersects the positively-sloped portion of the world's offer curve12.If the nation's tastes for its import commodity increases:A.the nation's offer curve rotates toward the axis measuring its import commodityB.the partner's offer curve rotates toward the axis measuring its import commodityC.the partner's offer curve rotates toward the axis measuring its export commodity *D. the nation's offer curve rotates toward the axis measuring its export commodity13.If the nation's tastes for its import commodity increases:A. the nation's terms of trade remain unchanged*B. the nation's terms of trade deteriorateC. the partner's terms of trade deteriorateD. any of the above14.If the tastes for a nation import commodity increases, trade volume:*A. increasesB.declinesC.remains unchangedD.any of the above15.A deterioration of a nation's terms of trade causes the nation's welfare to:A.deteriorateB.improveC.remain unchanged*D. any of the above思考题:提供曲线如何推导?有何用途?两国贸易时的均衡商品价格是如何决定的?受哪些因素影响?贸易条件的含义是?贸易条件的改善意味着什么?哪些因素可能导致贸易条件的改善?Chapter 5: Factor Endowments and the Heckscher-Ohlin TheoryMultiple-Choice Questions1.The H-O model extends the classical trade model by:A.explaining the basis for comparative advantageB.examining the effect of trade on factor prices*C. both A and BD. neither A nor B2.Which is not an assumption of the H-O model:A.the same technology in both nationsB.constant returns to scale*C. complete specializationD. equal tastes in both nations3.With equal technology nations will have equal K/L in production if:*A. factor prices are the sameB.tastes are the sameC.production functions are the sameD.all of the above4.We say that commodity Y is K-intensive with respect to X when:A.more K is used in the production of Y than XB.less L is used in the production of Y than X*C. a lower L/K ratio is used in the production of Y than XD. a higher K/L is used in the production of X than Y5.When w/r falls, L/KA.falls in the production of both commodities*B. rises in the production of both commoditiesC. can rise or fallD. is not affected6.A nation is said to have a relative abundance of K if it has a:A.greater absolute amount of KB.smaller absolute amount of LC.higher L/K ratio*D. lower r/w7.A difference in relative commodity prices between nations can be based on a dif ference in:A.technologyB.factor endowmentsC.tastes*D. all of the above8.In the H-O model, international trade is based mostly on a difference in:A.technology*B. factor endowmentsC. economies of scaleD. tastes9.According to the H-O model, trade reduces international differences in:A.relative but not absolute factor pricesB.absolute but not relative factor prices*C. both relative and absolute factor pricesD. neither relative nor absolute factor prices10.According to the H-O model, international trade will:A.reduce international differences in per capita incomesB.increases international differences in per capita incomes*C. may increase or reduce international differences in per capita incomesD. lead to complete specialization11.The H-O model is a general equilibrium model because it deals with:A.production in both nationsB.consumption in both nationsC.trade between the two nations*D. all of the above12.The H-O model is a simplification of the a truly general equilibrium model because it deals with:A.two nationsB.two commoditiesC.two factors of production*D. all of the above13.The Leontief paradox refers to the empirical finding that U.S.*A. import substitutes are more K-intensive than exportsB.imports are more K-intensive than exportsC.exports are more L-intensive than importsD.exports are more K-intensive than import substitutes14.From empirical studies, we conclude that the H-O theory:A.must be rejectedB.must be accepted without reservations*C. can be accepted while awaiting further testingD. explains all international trade15.For factor reversal to occur, two commodities must be produced with:*A. sufficiently different elasticity of substitution of factorsB.the same K/L ratioC.technologically-fixed factor proportionsD.equal elasticity of substitution of factors思考题:H-O 理论有哪些假设?各假设的含义是什么?为什么要做出这些假设?如何检验H-O 理论的正确性?H-O-S 定理的假设条件又是什么?他与生产要素国际间的流动有何关系?如何检验H-O-S 定理在现实中的可靠性?Chapter 6: Economies of Scale, Imperfect Competition, and International T radeMultiple-Choice Questions:1.Relaxing the assumptions on which the Heckscher-Ohlin theory rests:A.leads to rejection of the theoryB.leaves the theory unaffected*C. requires complementary trade theoriesD. any of the above.Which of the following assumptions of the Heckscher-Ohlin theory, when relaxed, le avethe theory unaffected?A.Two nations, two commodities, and two factorsB.both nations use the same technologyC.the same commodity is L-intensive in both nations*D. all of the aboveWhich of the following assumptions of the Heckscher-Ohlin theory, when relaxed, require new trade theories?*A. Economies of scaleB.incomplete specializationC.similar tastes in both nationsD.the existence of transportation costsInternational trade can be based on economies of scale even if both nations have i dentical:A.factor endowmentsB.tastesC.technology*D. all of the above5.A great deal of international trade:A.is intra-industry tradeB.involves differentiated productsC.is based on monopolistic competition*D. all of the above6.The Heckscher-Ohlin and new trade theories explains most of the trade:A.among industrial countriesB.between developed and developing countriesC.in industrial goods*D. all of the aboveThe theory that a nation exports those products for which a large domestic market existswas advanced by:*A. LinderB.VernonC.LeontiefD.Ohlin8.Intra-industry trade takes place:A. because products are homogeneous*B. in order to take advantage of economies of scaleC. because perfect competition is the prevalent form of market organizationD. all of the aboveIf a nation exports twice as much of a differentiated product that it imports, its intr a-industry (T) index is equal to:A. 1.00B. 0.75*C. 0.50D. 0.2510.Trade based on technological gaps is closely related to:A. the H-O theory*B. the product-cycle theoryC. Linder's theoryD. all of the above11.Which of the following statements is true with regard to the product-cycle theor y?A.It depends on differences in technological changes over time among countriesB.it depends on the opening and the closing of technological gaps among countriesC.it postulates that industrial countries export more advanced products to less adva nced countries*D. all of the above12.Transport costs:A.increase the price in the importing countryB.reduces the price in the exporting country*C. both of the aboveD. neither A nor B.13.Transport costs can be analyzed:A.with demand and supply curvesB.production frontiersC.offer curves*D. all of the above14.The share of transport costs will fall less heavily on the nation:*A. with the more elastic demand and supply of the traded commodityB.with the less elastic demand and supply of the traded commodityC.exporting agricultural productsD.with the largest domestic market15.A footloose industry is one in which the product:A.gains weight in processingB.loses weight in processingC.both of the above*D. neither A nor B.思考题:本章的贸易理论与基于比较优势的贸易理论有哪些不同?这两类贸易理论是互相排斥的吗?H-O 理论与心贸易理论之间有什么经验关联?运输成本对H-O 定理和H-O-S 定理有何影响?不同的环保标准时如何影响产业选址及国际贸易的?2009 年底联合国哥本哈根气候大会中的议题与国际贸易有何关系?这对我国经贸发展有何影响?Chapter 7: Economic Growth and International TradeMultiple-Choice Questions1.Dynamic factors in trade theory refer to changes in:A.factor endowmentsB.technologyC.tastes*D. all of the above2.Doubling the amount of L and K under constant returns to scale:A.doubles the output of the L-intensive commodityB.doubles the output of the K-intensive commodityC.leaves the shape of the production frontier unchanged*D. all of the above.3.Doubling only the amount of L available under constant returns to scale:A.less than doubles the output of the L-intensive commodity*B. more than doubles the output of the L-intensive commodityC. doubles the output of the K-intensive commodityD. leaves the output of the K-intensive commodity unchanged4.The Rybczynski theorem postulates that doubling L at constant relative commodit y prices:A.doubles the output of the L-intensive commodity*B. reduces the output of the K-intensive commodityC. increases the output of both commoditiesD. any of the above5.Doubling L is likely to:A.increases the relative price of the L-intensive commodityB.reduces the relative price of the K-intensive commodity*C. reduces the relative price of the L-intensive commodityD. any of the aboveTechnical progress that increases the productivity of L proportionately more than the productivity of K is called:*A. capital savingbor savingC.neutralD.any of the above7.A 50 percent productivity increase in the production of commodity Y:A.increases the output of commodity Y by 50 percentB.does not affect the output of XC.shifts the production frontier in the Y direction only*D. any of the above8.Doubling L with trade in a small L-abundant nation:*A. reduces the nation's social welfareB.reduces the nation's terms of tradeC.reduces the volume of tradeD.all of the above9.Doubling L with trade in a large L-abundant nation:A.reduces the nation's social welfareB.reduces the nation's terms of tradeC.reduces the volume of trade*D. all of the aboveIf, at unchanged terms of trade, a nation wants to trade more after growth, then t henation's terms of trade can be expected to:*A. deteriorateB.improveC.remain unchangedD.any of the aboveA proportionately greater increase in the nation's supply of labor than of capital is l ikelyto result in a deterioration in the nation's terms of trade if the nation exports:A. the K-intensive commodity*B. the L-intensive commodityC. either commodityD. both commodities12.Technical progress in the nation's export commodity:*A. may reduce the nation's welfareB.will reduce the nation's welfareC.will increase the nation's welfareD.leaves the nation's welfare unchanged13.Doubling K with trade in a large L-abundant nation:A.increases the nation's welfareB.improves the nation's terms of tradeC.reduces the volume of trade*D. all of the above14.An increase in tastes for the import commodity in both nations:A. reduces the volume of trade*B. increases the volume of tradeC. leaves the volume of trade unchangedD. any of the above15.An increase in tastes of the import commodity of Nation A and export in B: *A. will reduce the terms of trade of Nation AB.will increase the terms of trade of Nation AC.will reduce the terms of trade of Nation BD.any of the above思考题:要素积累和技术进步如何影响一国的生产可能性曲线的形状和位置?何种类型的经济增长最可恩能够导致国家福利的下降?那种类型的经济增长最可能导致国家福利的改善?Chapter 8: Trade Restrictions: TariffsMultiple-choice Questions1.Which of the following statements is incorrect?A.An ad valorem tariff is expressed as a percentage of the value of the traded co mmodityB.A specific tariff is expressed as a fixed sum of the value of the traded commodit y.C.Export tariffs are prohibited by the U.S. Constitution*D. The U.S. uses exclusively the specific tariff2.A small nation is one:A.which does not affect world price by its tradingB.which faces an infinitely elastic world supply curve for its import commodityC.whose consumers will pay a price that exceeds the world price by the amount o f the tariff*D. all of the above3.If a small nation increases the tariff on its import commodity, its:A.consumption of the commodity increasesB.production of the commodity decreasesC.imports of the commodity increase*D. none of the aboveThe increase in producer surplus when a small nation imposes a tariff is measuredby the area:*A. to the left of the supply curve between the commodity price with and without t he tariffB.under the supply curve between the quantity produced with and without the tarif f。
2022年国际经济学复习笔记期末试题题库考
亚当·斯密学说(绝对优势理论)两国生产两种产品,一国在一种商品生产中具有较高效率,另一国在另一商品生产中具有较高效率,则两国分别具有绝对优势,如据此专业化生产并互换商品,双方均能从贸易中获益,世界可获得分工好处。
假定生产也许性曲线为直线。
李嘉图模型(比较优势理论)劳动是唯毕生产要素。
李嘉图觉得,决定国际贸易旳基本是比较优势而非绝对优势。
两国生产两种产品,一国均占绝对优势,另一国均处绝对劣势,两国仍然存在贸易也许,优势国可专门生产优势较大商品,劣势国可生产劣势较小商品,通过专业化分工和国际互换,双方均能获益。
“两利相权取其重,两弊相权取其轻”。
机会成本为每生产一单位某种商品所必须放弃旳另一种商品旳数量。
当一国在一种商品生产上具有较低机会成本时,该国在该种商品生产上就具有比较优势,而在另一商品生产上具有比较劣势。
假定生产也许性曲线为直线。
对比较优势旳三个误解:1,只有当一国生产率达到立足国际竞争时,才干从自由贸易中获益。
正解:贸易旳获益取决于比较优势而非绝对优势。
2,如来自外国旳竞争建立在低工资上,这种竞争是不公平旳,会损害她国(贫民劳动论)。
正解:本国决定贸易还是自己生产,核心是用本国劳动衡量,与外国低工资率没多大关系。
3,如果一国工人比她国工资低,贸易会使该国受到剥削。
正解:克鲁格曼实证分析,如外国工人工资比本国低,且外国回绝与本国贸易从而回绝被剥削,那么其实际工资将更低。
回绝出口和贸易反而会使一国更贫困。
计算参见P5生产也许性曲线技术不变、资源充足运用下,社会或厂商能获得最大产量旳多种组合。
阐明减少一种商品产出量可增长另一商品产出量旳也许。
曲线外任何点都不也许得到,资源不也许实现这种配备;曲线内点都可得到,资源容易实现这种配备;只有曲线上旳点代表资源充足运用下旳最优效率。
由于边际递减规律,曲线由原点向外凸出。
单一要素国家生产也许性曲线是条直线。
社会无差别曲线给消费者带来相似效用水平旳所有消费品不同组合(1) 无数条,每条代表一种效用级别;(2)离原点越远效用水平越高;(3)任意两条不相交;(4)向右下倾斜;(5)凸向原点。
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1.International economics deals with:a. the flow of goods, services and payments among nationsb. policies directed at regulating the flow of goods, services and paymentsc. the effects of policies affecting international trade and finance on the welfare of the nationd. all of the above2.Which of the following is not the subject matter of international finance?a. foreign exchange marketsb. the balance of paymentsc. the basis and the gains from traded. policies to adjust balance of payments disequilibriamunity indifference curves:a. are negatively slopedb. are convex to the originc. should not crossd. all of the above4. Which of the following is a debit?a. the export of goodsb. the export of servicesc. unilateral transfers given to foreignersd. capital inflows5.If with one hour of labor time nation A can produce either 3X or 3Y while nation B can produce either 1X or 3Y (and labor is the only input):a. nation A has a comparative disadvantage in commodity Xb. nation B has a comparative disadvantage in commodity Yc. nation A has a comparative advantage in commodity Xd. nation A has a comparative advantage in neither commodity6.If with one hour of labor time nation A can produce either 3X or 3Y while nation B can produce either 1X or 3Y (and labor is the only input), the range of mutually beneficial trade between nation A and B is:a. 3Y < 3X < 5Yb. 5Y < 3X < 9Yc. 3Y < 3X < 9Yd. 1Y < 3X < 3Y7.A difference in relative commodity prices between two nations can be based upon difference in:a. factor endowmentsb. technologyc. tastesd. all of the above8.Mutually beneficial trade cannot occur if production frontiers are:a. equal but tastes are notb. different but tastes are the samec. different and tastes are also differentd. the same and tastes are also the same.9.According to Adam Smith, international trade was based on:a. absolute advantageb. comparative advantagec. both absolute and comparative advantaged. neither absolute nor comparative advantage10.The commodity in which the nation has the smallest absolute disadvantage is the commodity of it’s:a. absolute disadvantageb. absolute advantagec. comparative disadvantaged. comparative advantage11.Which of the following is not true for a nation that is in equilibrium in isolation?a. it consumes inside its production frontierb. it reaches the highest indifference curve possible with its production frontierc. the indifference curve is tangent to the nation's production frontierd. MRT of X for Y equals MRS of X for Y, and they are equal to Px/Py12.If the internal Px/Py is lower in nation 1 than in nation 2 without trade:a. nation 1 has a comparative advantage in commodity Yb. nation 2 has a comparative advantage in commodity Xc. nation 2 has a comparative advantage in commodity Yd. none of the above13.With free trade under increasing costs:a. neither nation will specialize completely in production if both nations are largeb. at least one nation will consume above its production frontierc. a small nation will always gain from traded. all of the above14.At a relative commodity price below equilibriuma. the quantity demand of imports is smaller than the quantity supplied of exportsb.the relative price of the commodity will fallc. the commodity price will rised. none of the above15.The gains from international trade increase as:a. a nation consumes inside of its production possibilities scheduleb. a nation consumes along its production possibilities schedulec. the international terms of trade rises above the nation’s autarky priced. the international terms of trade approaches the nation’s autarky price16.A fall in the price of imports or a rise in the price of exports will:a. improve the terms of tradeb. worsen the terms of tradec. expand the production possibilities curved. contract the production possibilities curve17.If actual Px/Py exceeds the equilibrium relative Px/Py with tradea. the nation exporting commodity X will want to export more of X than atequilibriumb. the nation importing commodity X will want to import less of X than at equilibriumc. Px/Py will fall toward the equilibrium Px/Pyd. all of the above18.The H-O model extends the classical trade model by:a. explaining the basis for comparative advantageb. examining the effect of trade on factor pricesc. both a and bd. neither a nor b19.A nation is said to have a relative abundance of K if it has a:a. greater absolute amount of Kb. smaller absolute amount of Lc. higher L/K ratiod. lower price of K in relation to the price of L20.In the H-O model, international trade is based mostly on a difference in:a. technologyb. factor endowmentsc. economies of scaled. tastes21.International trade can be based on economies of scale even if both nations have identical:a. factor endowmentsb. tastesc. technologyd. all of the aboveIntra-industry trade takes place:a.because products are homogeneousb. in order to take advantage of economies of scalec. because perfect competition is the prevalent form of market organizationd. all of the above22.The simultaneous export and import of autos by the United States is an example ofa. increasing returns to scale.b. imperfect competition.c. intra-industry trade.d. inter-industry trade23.Which of the following is classified as a credit in the U.S. balance of payments?a. U.S. exportsb. U.S. gifts to other countriesc. a flow of gold out of the U.S.d. foreign loans made by U.S. companies24.When the resident of a foreign nation (1) sells a U.S. stock and (2) deposits the proceeds in a U.S. bank, the U.S.:a. credits capital for (1) and debits capital for (2)b. credits the current account and debits capitalc. debits capital and credits official reservesd. debits capital for (1) and credits capital for (2)25.According to the Stolper-Samuelson theorem, international trade leads to:a. reduction in the real income of the nation’s relatively abundant factorb. reduction in the real income of the nation’s relat ively scarce factorc. increase in the real income of the nation’s relatively scarce factord. none of the above26.Which of the following is true with respect to the infant-industry argument for protection?A. It refers to temporary protection to establish a domestic industry.B. To be valid, the return to the grown-up industry must be sufficiently high also to repay for the higher prices paid by domestic consumers of the commodity during the infancy period.C. It is inferior to an equivalent production subsidy to the infant industry.D. All of the above.27.A producer successfully practicing international dumping would charge:a. a relatively higher price in the more elastic marketb. a relatively higher price in the less elastic marketc. the same price in all markets, regardless of their elasticitiesd. different prices in all markets, regardless of their elasticities27.A rise in the price of imports or a fall in the price of exports will:a. improve the terms of tradeb. worsen the terms of tradec. expand the production possibilities curved. contract the production possibilities curve29.Which of the following tends to cause the China RMB to appreciate in value?a. an increase in China prices above foreign pricesb. rapid economic growth in foreign countriesc. a fall in China interest rates below foreign levelsd. an increase in the level of China income30.If Canadian speculators believed the Swiss franc was going to appreciate against the U.S. dollar, they would:a. purchase Canadian dollarsb. purchase U.S. dollarsc. purchase Swiss francsd. sell Swiss francs31.If wheat costs $4 per bushel in the United States and 2 pounds per bushel in Great Britain, then in the presence of purchasing-power parity the exchange rate should be:a. $0.50 per poundb. $1.00 per poundc. $2.00 per poundd. $8.00 per pound32.The Marshall-Lerner condition for a stable foreign exchange market is:a. the sum of the absolute values of the elasticity of the nation's demand of importsand the foreign demand for the nation's exports is greater than oneb. the sum of the absolute values of the elasticity of the nation's demand of imports and the foreign demand for the nation's exports is smaller than onec. the sum of the absolute values of the elasticity of the nation's demand of imports and the foreign demand for the nation's exports equals oned. none of the above33.According to the J-curve effect, when the exchange value of a country’s currency appreciates, the country’s trade balance:a. first moves toward deficit, then later toward surplusb. first moves toward surplus, then later toward deficitc. moves into deficit and stays thered. moves into surplus and stays there34.An import quota:a. increases the domestic price of the imported commodityb. reduces domestic consumptionc. increases domestic productiond. all of the above35.According to the Stolper-Samuelson theorem, international trade leads to:a. reduction in the real income of the nation’s relatively abundant factorb. reduction in the real income of t he nation’s relatively scarce factorc. increase in the real income of the nation’s relatively scarce factord. none of the above36.If only the supply of labor increases in a nation, the nation’s production frontier shiftsa. only along the axis measuring the L-intensive commodityb. only along the axis measuring the K-intensive commodityc. more along the axis measuring the L-intensive commodityd. in the same proportion along both axes37.Which of the following statements is true with regard to the product-cycle theory?a. it depends on differences in technological changes over time among countriesb. it depends on the opening and the closing of technological gaps among countriesc. it postulates that industrial countries export more advanced products to less advanced countriesd. all of the above38. Which of the following statements is incorrect?a. an ad valorem tariff is expressed as a percentage of the price of the traded commodity.b. a specific tariff is expressed as a fixed sum of the value of the traded commodity.c. export tariffs are prohibited by the U.S. Constitutiond. the U.S. uses exclusively the specific tariff39.A small nation is one:a. which does not affect world price by its tradingb. which faces an infinitely elastic world supply curve for its import commodityc. whose consumers will pay a price that exceeds the world price by the amount of thetariffd. all of the above40.If a small nation increases the tariff on its import commodity, its:a. consumption of the commodity increasesb. production of the commodity decreasesc. imports of the commodity increased. none of the above41. The optimum tariff for a small nation is:a. 100%b. 50%c. 0d. It depends on the elasticity of demand and supply for the import commodity in the nation.42. The effective tariff rate is the tariff calculated on thea. price of the input used in the production of the commodityb. commodity or servicec. value added in the nationd. all of the above43. How many members in European Union:a. 26b. 27c. 28d. 2944. An increase in the demand of the imported commodity subject to a given import quota:a. reduces the domestic quantity demanded of the commodityb. increases the domestic production of the commodityc. reduces the domestic price of the commodityd. reduces the producers' surplus45. Which of the following statements is correct?a. in a customs union, member nations apply a uniform external tariffb. in a free-trade area, member nations harmonize their monetary and fiscal policiesc. within a customs union there is unrestricted factor movementd. a customs union is a higher form of economic integration than a common market46. A customs union that allows for the free movement of labor and capital among its member nations is called a:a. preferential trade arrangementb. free-trade areac. common marketd. all of the above47.A customs union creates trade when:a. lower-cost imports from outside the customs union are replaced by higher-cost imports from a union memberb. some domestic production in a member nation is replaced by lower-cost importsfrom another member nationc. trade among members increases but trade with nonmembers decreasesd. trade among members decreases while trade with nonmembers increases48.The Members of NAFTA are:A. the United States, Canada, MexicoB. Mexico, Brazil, the United StatesC. Brazil, the United States, CanadaD. the United States, Canada, Argentina49. Trade diversion arises in a customs union if it:a. increases trade among union members and with nonmember nationsb. reduces trade among union members and with nonmember nationsc. increases trade among members but reduces trade with non-membersd. reduces trade among union members but increases it with nonmembers50.Immiserizing growth refers to aa. decrease in the commodity terms of trade and increase in the income terms of tradeb. a decrease in the welfare of a nation with growthc. a decrease in the income terms of trade and an increase in welfared. any of the above.1d,2c,3d,4c,5c,6c,7d,8d,9a,10d,11a,12c,13d,14c,15c,16a,17d,18c,19 d,20d,21db,22c,23a,24d,25b,26d,27b,28b,29b,30c,31c,32a,33b,34d, 35b,36c,37 ,38d,39d,40d,41c,42c,43c,44d,45a,46c,47d,48 ,49c,50b.。