International Economics知到智慧树期末考试答案题库2024年秋安徽财经大学

InternationalEconomics知到智慧树期末考试答案题库2024年秋安徽财经大学Inanopeneconomy,ifthegovernment'smonetarypolicyremainsunchangedandonlytheexpansionaryfiscalpolicyisadopted,fromtheperspectiveofinternaldemand,theincreaseofgovernmentspendingwillleadto()

A:Totaldemandisthesame

B:Lessjobs

C:Reducedunemployment

D:Reductioninnationalincome

答案:ReducedunemploymentTraderestrictionsusuallybenefitalargemajorityofthe___________inthenationattheexpenseofasilentmajorityof_________________.（）

A:producers,consumers

B:exporters,importers

C:importers,exporters

D:consumers,producers

答案:producers,consumersIngeneral,thereisawidevarietyofparticipantsinforeignexchangemarkets.Thefollowing,whicharenotmajorparticipantsinforeignexchangemarkets,are()

A:IndividualResidents

B:CentralBank

C:CommercialBank

D:ForeignTradeCompany

答案:IndividualResidentsSupposethatCanadahasdomesticfirmsthatcouldsupplyitsentiremarketforradiosatapriceof$50,whileU.S.firmscouldsupplyradiosat$40andMexicoat$30.SupposethatCanadainitiallyhasa50percenttariffonimportsofradiosandthenformsafreetradeareawiththeUnitedStates.Asaresult,Canadarealizes:()

A:Tradecreation,notradediversion,andoverallwelfaregains

B:Tradecreation,notradediversion,andoverallwelfarelosses

C:Tradediversion,notradecreation,andpotentialoverallwelfarelosses

D:Tradediversion,tradecreation,andpotentialoverallwelfaregains

答案:tradediversion,tradecreation,andpotentialoverallwelfaregainsAssumethecostoftransportingcomputersfromUStoJapanisgreaterthanthepre-tradepricedifferenceforcomputersbetweenUSandJapan.TradeincomputersbetweenUSandJapanwill:（）

A:occur

B:beveryprofitableforbothparties

C:notoccur

D:beabreakevenpropositionforbothparties

答案:DEndogenousgrowththeory:（）

A:Providesaconvincingargumentagainstinternationaltradeinthatthelackofasingleregulatoryentityresultsinthetradeofunsafeproductsfortheconsumer

B:Advocatesinternationalgrowthasawayforlargernationstoaccelerateslowedgrowthrelativetothatofdevelopingcountries

C:Isdisparagingofinternationaltradeforthenegativeeffectsexperiencedbylargernationsinvolved

D:Advocatesinternationaltradebecauseoftheresultingincreaseofeconomicgrowthanddevelopmentofparticipatingnations

答案:AdvocatesinternationaltradebecauseoftheresultingincreaseofeconomicgrowthanddevelopmentofparticipatingnationsTheexistenceoftwoormoreparityratesofonecurrencyagainstanotheriscalled()

A:Marketexchangerate

B:Buyingrate

C:aftertheexchangerate

D:Singleexchangerate

答案:aftertheexchangerateAccordingtoMundell'sdistributiveprinciple,whenacountryfacesbothinflationandbalance-of-paymentsdeficits,thegovernmentshouldadopt()

A:Expansionaryfiscalpolicyandexpansionarymonetarypolicy

B:Tighteningfiscalpolicyandtighteningmonetarypolicy

C:Expansivefiscalpolicyandtightmonetarypolicy

D:Tighterfiscalpolicyandexpansionarymonetarypolicy

答案:TighterfiscalpolicyandexpansionarymonetarypolicyWhichofthefollowingmakestheJ-curveeffectmorepronounced?()

A:Fastinformationtransfer

B:Theforeignimporterhasahighstock

C:Highelasticityofdemandintheshortrun

D:CompanyDcanrapidlyexpanditsproductioncapacity

答案:TheforeignimporterhasahighstockThecoreelementsofstrategictradepolicyare()

A:ExportSubsidies

B:Todevelopcompetitiveadvantagesindomesticindustriesthroughgovernmentintervention

C:Encourageenterprisestoactivelyparticipateininternationalcompetition

D:Anti-dumpingPolicy

答案:B:Todevelopcompetitiveadvantagesindomesticindustriesthroughgovernmentintervention.ThebalanceofpaymentstheorybasedonKeynes'snationalincomeequationis()

A:Theoryofelasticanalysis

B:Theoryofabsorptionanalysis

C:Monetaryanalysistheory

D:Structuralanalysistheory

答案:TheoryofabsorptionanalysisThereplacementofhighcostproductionprocesseswithlowercostimportsfromamembernation,asaresultoftheformationofaregionaltradearrangement,iscalled:（）

A:economiesofscale

B:dynamictradeeffect

C:tradediversion

D:tradecreation

答案:tradecreationFunctionsofforeignexchangemarketsexcluding()

A:InternationalSettlement

B:Hedge

C:Deficitreduction

D:Foreignexchangespeculation

答案:DSupposethattheUnitedKingdomandItalyabolishalltariffsoneachother'sgoodsandallrestrictionsonmovementsoffactorsofproductionbetweenthem.Theyalsoimplementacommonprotectionistpolicytowardothercountries.Thisisanexampleofa(an):()

A:Free-tradearea

B:Economicunion

C:Commonmarket

D:Customsunion

答案:CommonmarketA____________________istheformofeconomicintegrationwhereinallbarriersareremovedontradeamongmembers,buteachnationretainsitsownbarrierstotradewithnonmembers.（）

A:freetradearea

B:preferentialtradearrangements

C:customsunion

D:commonmarket

答案:freetradeareaTheredistributioneffectofanimporttariffisthetransferofincomefromthedomestic:()

A:Buyerstodomesticproducersofthegood

B:Governmenttothedomesticbuyers

C:Producerstodomesticbuyersofthegood

D:Buyerstothedomesticgovernment

答案:BuyerstodomesticproducersofthegoodGreecewillimport:()

A:1calculatorfromFrance

B:1calculatorfromGermany

C:3calculatorsfromGermany

D:3calculatorsfromFrance

答案:1calculatorfromGermanyIfthehomecountry'sgovernmentgrantsasubsidyonadomesticallyproducedgood,domesticproducerstendto:()

A:Reducewagespaidtodomesticworkers

B:Capturetheentiresubsidyintheformofhigherprofits

C:Increasetheirlevelofproduction

D:Considerthesubsidyasanincreaseinproductioncost

答案:IncreasetheirlevelofproductionAssumethatCountryAisrelativelyabundantincapitalandrelativelyscarceinland.Accordingtothefactorendowmenttheory,withfreetrade,theinternaldistributionofincomeinCountryAwillchangeinfavorof:（）

A:land

B:neithercapitalnorland

C:capital

D:bothcapitalandland

答案:capitalAccordingtothenewtheoryofinternationaltrade,acountry'scompetitiveadvantagemainlydependson()

A:Advantageofproductionfactors

B:Technicaladvantages

C:Advantagesofeconomiesofscale

D:Resourceadvantages

答案:C:AdvantagesofeconomiesofscaleFreetraderspointoutthat:()

A:Thereisusuallyanefficiencylossfromhavingtariffs

B:Producerslosefromtariffsattheexpenseofthegovernment

C:Thereisusuallyanefficiencygainfromhavingtariffs

D:Producerslosefromtariffsattheexpenseofconsumers

答案:ThereisusuallyanefficiencylossfromhavingtariffsTheframeworkfortheexchangeofonenationalcurrencyforanotheris:（）

A:theWorldTradeOrganization

B:thebondmarket

C:theforeignexchangemarket

D:thecentralbank

答案:theforeignexchangemarketWhichofthefollowingwouldcallforinpaymentstotheUnitedStates?()

A:GoldflowingoutoftheUnitedStates

B:AmericanfirmssellinginsurancetoBritishshippingcompanies

C:Americanunilateraltransferstoless-developedcountries

D:AmericanimportsofGermansteel

答案:AmericanfirmssellinginsurancetoBritishshippingcompaniesSupposethatMexicoandCanadaformafree-tradearea.MexicansthendecreaseautomanufacturingandincreaseimportsofautosfromCanada,whiletheCanadiansdecreasecomputerproductionandimportmorecomputersfromMexico.Thisisanexampleof:()

A:Tradediversion

B:Tradeexhaustion

C:Tradecreation

D:Tradedestruction

答案:TradecreationMexicoisrelativelyabundantinlabor,whileCanadaisrelativelyabundantincapital.Inbothnations,theproductionoftelevisionsisrelativelymorecapitalintensivethantheproductionofcorn.Accordingtothefactorendowmenttheory,Mexicowillhavea(n):（）

A:comparativeadvantageintheproductionofcomputers

B:absoluteadvantageintheproductionofcornandcomputers

C:comparativeadvantageintheproductionofcorn

D:absoluteadvantageintheproductionofcorn

答案:comparativeadvantageintheproductionofcornTheelasticanalysisofthebalanceofpaymentsisageneralequilibriumanalysis.()

A:错B:对

答案:错Internationaltradeoccurswhenmanufacturersineachcountrypursuearepresentativedemandfortheircountry.()

A:对B:错

答案:错Tradecreationandtradediversionrefertotheshortrun(static)effectsofeconomicintegrationwhileeconomiesofscale,stimulustoinvestment,andeffectsoncompetitionrefertothelongrun(dynamic)effects.()

A:错B:对

答案:对Factorpriceequalizationwillequalizethefactorintensityofthesameproductproducedinthetwocountries.()

A:错B:对

答案:对Laborunionsindevelopednationsareusuallyagainsttraderestrictionsbecauseitimpedestheirabilitytoacquireskilledworkersthatcanassistinacquiringadditionalbenefitsandwageincreases.（）

A:错B:对

答案:A:错Riskdiversificationcanexplaintwo-wayinternationalportfolioinvestments.（）

A:错B:对

答案:对Internationaltradeandspecializationincomparativeadvantagegoodsleadstojoblossesindomesticcomparativeadvantageindustriesandjobgainsinindustrieswithacomparativedisadvantage.（）

A:错B:对

答案:错InPPPtheory,absolutePPPisusedtopredictrealexchangerates.()

A:错B:对

答案:错Policyinstrumentsthatcanaffectinternationalcompetitivenessareknownasspending-changepolicies.()

A:错B:对

答案:错nvestmentsinsecuritieswithyieldsthatareinverselycorrelatedisknownasPortfoliotheory.（）

A:对B:错

答案:错Forcartelproducts,oncesubstitutesareproduced,itisverydifficultforcarteltocontrolthepriceevenifthedemandelasticityofcartelproductsisverylow.()

A:对B:错

答案:B:错ThepoundsterlingwasthecommoncurrencyadoptedamajorityofthemembernationsintheEU.（）

A:错B:对

答案:A:错Mundellcreativelyputforwardthetheoreticalmodelof"twogoalsandtwotools".()

A:对B:错

答案:错Ifanation’stermsoftradeincreasesfrom½to1,andconsumptionincreasesfromalowerindifferencecurvetoahigherone,thisnationisexperiencingimmiserizinggrowth.（）

A:错B:对

答案:错Undertheconditionofconstantopportunitycost,thereisincompletedivisionoflaborinthetwocountries'production.()

A:错B:对

答案:错Theimpactofinternationaltradeontheincreaseintheincomeofcommonfactorsofproductionisdefiniteandisindependentofthemagnitudeofthechangeinthepricesofimportedandexportedcommodities.()

A:对B:错

答案:错Intherealworld,areasonfactor-priceequalizationoflabordoesnotcompletelyholdtrueisthatitisunrealistictoassumethattherearenotraderestrictions.（）

A:错B:对

答案:对Freetradereducesthelevelofincomeof