国贸名词解释

1.degree of dependence upon foreign trade: A country's foreign trade with the country's gross national product or gross domestic product ratio.

2. Classical trade theory : Classical trade theory is the technical differences from the production point of view, to explain the causes and impact of international trade theory.

3. Absolute advantage: The greater efficiency that one nation may have over another in the production of a commodity.This was the basis for trade for Adam Smith.

4. comparative advantage: If a state in the country the opportunity cost of producing a product (as measured with other products) is lower than in other countries the opportunity cost of producing the product, then this country on the production of this product has a comparative advantage.

5. factor intensity: Product ratio of the input factors of production.

6. factor abundance: A country's economic resources owned by the relative abundance.

7. Terms of trade(tot): The ratio of the index price of a nation's export to its import commodities.

8. Factor-price equalization(H-O) theorem: The part of the H-O theory that predicts,under highly restrictive assumptions,that international trade will bring about equalization in relative and absolute returns to homogeneous factors across nations.

9. Stolper-Samuelson theorem: It postulates that free international trade reduces the real income of the nation's relatively scarce factor and increases the real income of the nation's relatively abundant factor.

10. economies of scale :To expand production scale, the input factors of production per unit of output will be more large-scale production will reduce unit costs.

11. inter-industry trade :Trade between the countries mainly trade between different products.

12. intra-industry trade : Both import and export products of the same pattern of trade.

13. rybczyski theorem : Change in the relative prices of goods under the premise of a particular element of the increase will lead to intensive use of the elements of the production sector increased, while the other sectors of production declined.

14. Immiserizing growth: The situation where a nation’s terms of trade deteriorate so much as a result of growth that the nation is worse off after growth than before,even if growth without trade tends to improve the nation’s welfare.

15. Free trade policy: The withdrawal of goods and services trade restrictions and barriers, the removal of domestic goods and services trade of privileges and preferential treatment, free import and export of goods, services, free enterprise, free competition in the domestic market.

16. Protection of trade policy：Government to restrict imports and extensive