《国际经济学》选择题汇总版(附答案)1

《国际经济学》选择题汇总版（附答案）Ch1-Ch3TheUnitedStatesislessdependentontradethanmostothercountriesbecauseA)theUnitedStatesisarelativelylargecountrywithdiverseresources.B)theUnitedStatesisa“Superpower.”C)themilitarypoweroftheUnitedStatesmakesitlessdependentonanything.D)theUnitedStatesinvestsinmanyothercountries.E)manycountriesinvestintheUnitedStates.BecausetheConstitutionforbidsrestraintsoninterstatetrade,A)theU.S.maynotimposetariffsonimportsfromNAFTAcountries.B)theU.S.maynotaffecttheinternationalvalueofthe$U.S.theU.S.maynotputrestraintsonforeigninvestmentsinCaliforniaifitinvolvesafinancialintermediaryinNewYorkState.theU.S.maynotimposeexportduties.theU.S.maynotdisruptcommercebetweenFloridaandHawaii.Internationaleconomicscanbedividedintotwobroadsub-fieldsA)macroandmicro.B)developedandlessdeveloped.C)monetaryandbarter.D)internationaltradeandinternationalmoney.E)staticanddynamic.InternationalmonetaryanalysisfocusesonA)therealsideoftheinternationaleconomy.theinternationaltradesideoftheinternationaleconomy.theinternationalinvestmentsideoftheinternationaleconomy.D)theissuesofinternationalcooperationbetweenCentralBanks.themonetarysideoftheinternationaleconomy,suchascurrencyexchange.ThegravitymodeloffersalogicalexplanationforthefactthatA)tradebetweenAsiaandtheU.S.hasgrownfasterthanNAFTAtrade.B)tradeinserviceshasgrownfasterthantradeingoods.tradeinmanufactureshasgrownfasterthaninagriculturalproducts.Intra-EuropeanUniontradeexceedsinternationaltradebytheEuropeanUnion.E)theU.S.tradesmorewithWesternEuropethanitdoeswithCanada.6.ThegravitymodelexplainswhyA)tradebetweenSwedenandGermanyexceedsthatbetweenSwedenandSpain.B)countrieswithoilreservestendtoexportoil.C)ra-industrytradeisrelativelymoreimportantthanotherformsoftradebetweenneighboringcountries.Europeancountriesrelymostoftenonnaturalresources.7.Whydoesthegravitymodelwork?Largeeconomiesbecamelargebecausetheywereengagedininternationaltrade.B)Largeeconomieshaverelativelylargeincomes,andhencespendmoreongovernmentpromotionoftradeandinvestment.Largeeconomieshaverelativelylargerareaswhichraisestheprobabilitythataproductiveactivitywilltakeplacewithinthebordersofthatcountry.Largeeconomiestendtohavelargeincomesandtendtospendmoreonimports.E)Largeeconomiestendtoavoidtradingwithsmalleconomies.WeseethattheNetherlands,Belgium,andIrelandtradeconsiderablymorewiththeUnitedStatesthanwithmanyothercountries.A)Thisisexplainedbythegravitymodel,sincethesearealllargecountries.B)Thisisexplainedbythegravitymodel,sincetheseareallsmallcountries.C)Thisfailstobeconsistentwiththegravitymodel,sincethesearesmallcountries.D)Thisfailstobeconsistentwiththegravitymodel,sincethesearelargecountries.E)Thisisexplainedbythegravitymodel,sincetheydonotshareborders.Inthepresent,mostoftheexportsfromChinaareA)manufacturedgoods.B)services.C)primaryproductsincludingagricultural.D)technologyintensiveproducts.E)overpricedbyworldmarketstandards.AcountryengagingintradeaccordingtotheprinciplesofcomparativeadvantagegainsfromtradebecauseitA)isproducingexportsindirectlymoreefficientlythanitcouldalternatively.B)isproducingimportsindirectlymoreefficientlythanitcoulddomestically.C)isproducingexportsusingfewerlaborunits.D)isproducingimportsindirectlyusingfewerlaborunits.E)isproducingexportswhileoutsourcingservices.TheRicardianmodelattributesthegainsfromtradeassociatedwiththeprincipleofcomparativeadvantageresulttoA)differencesintechnology.B)differencesinpreferences.C)differencesinlaborproductivity.D)differencesinresources.E)gravityrelationshipsamongcountries.AnationengagingintradeaccordingtotheRicardianmodelwillfinditsconsumptionbundleA)insideitsproductionpossibilitiesfrontier.B)onitsproductionpossibilitiesfrontier.C)outsideitsproductionpossibilitiesfrontier.D)insideitstrade-partner‘sproductionpossibilitiesfrontier.E)onitstrade-partner‘sproductionpossibilitiesfrontier.AssumethatlaboristheonlyfactorofproductionandthatwagesintheUnitedStatesequal$20perhourwhilewagesinJapanare$10perhour.ProductioncostswouldbelowerintheUnitedStatesascomparedtoJapanifA)U.S.laborproductivityequaled40unitsperhourandJapan‘s15unitsperhour.B)U.S.laborproductivityequaled30unitsperhourandJapan‘s20unitsperhour.C)U.S.laborproductivityequaled20unitsperhourandJapan‘s30unitsperhour.D)U.S.laborproductivityequaled15unitsperhourandJapan‘s25unitsperhour.E)U.S.laborproductivityequaled15unitsperhourandJapan‘s40unitsperhour.Inatwo-country,two-productworld,thestatement“GermanyenjoysacomparativeadvantageoverFranceinautosrelativetoships”isequivalenttoA)FrancehavingacomparativeadvantageoverGermanyinships.B)FrancehavingacomparativedisadvantagecomparedtoGermanyinautosandships.C)GermanyhavingacomparativeadvantageoverFranceinautosandships.D)FrancehavingnocomparativeadvantageoverGermany.E)Franceshouldproduceautos.IftheUnitedStates'productionpossibilityfrontierwasflattertothewidgetaxis,whereasGermany'swasflattertothebutteraxis,weknowthatA)theUnitedStateshasnocomparativeadvantageB)Germanyhasacomparativeadvantageinbutter.C)theU.S.hasacomparativeadvantageinbutter.D)Germanyhascomparativeadvantagesinbothproducts.E)theU.S.hasacomparativedisadvantageinwidgets.Ch4-Ch5.TheRicardianmodelofinternationaltradedemonstratesthattradecanbemutuallybeneficial.Why,then,dogovernmentsrestrictimportsofsomegoods?A)Tradecanhavesubstantialeffectsonacountry‘sdistributionofincome.B)TheRicardianmodelisoftenincorrectinitspredictionthattradecanbemutuallybeneficial.C)Importrestrictionsaretheresultoftradewarsbetweenhostilecountries.D)Importsareonlyrestrictedwhenforeign-madegoodsdonotmeetdomesticstandardsofquality.E)Restrictionsonimportsareintendedtobenefitdomesticconsumers.Japan‘stradepolicieswithregardtoricereflectthefactthatA)japanesericefarmershavesignificantpoliticalpower.B)Japanhasacomparativeadvantageinriceproductionandthereforeexportsmostofitsricecrop.C)therewouldbenogainsfromtradeavailabletoJapanifitengagedinfreetradeinrice.D)therearegainsfromtradethatJapancapturesbyengaginginfreetradeinrice.E)Japanimportsmostofthericeconsumedinthecountry.Inthespecificfactorsmodel,whichofthefollowingistreatedasaspecificfactor?A)LaborB)LandC)ClothD)FoodE)TechnologyThespecificfactorsmodelassumesthattherearegoodsandfactor(s)ofproduction.A)two;threeB)two;twoC)two;oneD)three;twoE)four;threeTheslopeofacountry‘sproductionpossibilityfrontierwithclothmeasuredonthehorizontalandfoodmeasuredontheverticalaxisinthespecificfactorsmodelisequaltoanditasmoreclothisproduced.A)-MPLF/MPLC;becomessteeperB)-MPLF/MPLC;becomesflatterC)-MPLF/MPLC;isconstantD)-MPLC/MPLF;becomessteeperE)-MPLC/MPLF;isconstantUnderperfectcompetition,theequilibriumpriceoflaborusedtoproduceclothwillbeequaltoA)theslopeoftheproductionpossibilityfrontier.theaverageproductoflaborintheproductionofclothtimesthepriceofcloth.theratioofthemarginalproductoflaborintheproductionofclothtothemarginalproductoflaborintheproductionoffoodtimestheratioofthepriceofcloth.tothepriceoffood.D)themarginalproductoflaborintheproductionofclothtimesthepriceofcloth.E)thepriceofclothdividedbythemarginalproductoflaborintheproductionofcloth.Inthespecificfactorsmodel,whichofthefollowingwillincreasethequantityoflaborusedinclothproduction?A)anincreaseinthepriceofclothrelativetothatoffoodB)anincreaseinthepriceoffoodrelativetothatofclothadecreaseinthepriceoflaboranequalpercentagedecreaseinthepriceoffoodandclothE)anequalpercentageincreaseinthepriceoffoodandclothAcountrythatdoesnotengageintradecanbenefitfromtradeonlyifA)ithasanabsoluteadvantageinatleastonegood.B)itemploysauniquetechnology.C)pre-tradeandfree-traderelativepricesarenotidentical.D)itswagerateisbelowtheworldaverage.E)pre-tradeandfree-traderelativepricesareidentical.Inthespecificfactorsmodel,theeffectsoftradeonwelfareareformobilefactors,forfixedfactorsusedtoproducetheexportedgood,andforfixedfactorsusedtoproducetheimportedgood.A)ambiguous;positive;negativeB)ambiguous;negative