国际经济学期末考试题及答案英语

国际经济学期末考试题及答案英语

一、单项选择题（每题2分，共20分）1.Thetheoryofabsoluteadvantagewasproposedby_.A.DavidRicardoB.AdamSmithC.EliHeckscherD.BertilOhlin2.Whichofthefollowingisanon-tariffbarrier?A.ImporttariffB.ExportsubsidyC.QuotaD.Consumptiontax3.ThemainfactordeterminingthepatternoftradeintheHeckscher-Ohlinmodelis_.A.LaborproductivityB.TechnologicallevelC.FactorendowmentsD.Scaleeconomies4.Whenacountry'sexportpriceindexis120anditsimportpriceindexis100,thetermsoftradeis_.A.0.83B.1.2C.20D.1205.Ifacountryhasacurrentaccountsurplus,itmeans_.A.ItisanetborrowerintheinternationalfinancialmarketB.ItsexportsofgoodsandservicesarelessthanimportsC.ItisanetlenderintheinternationalfinancialmarketD.Thecapitalaccountmustbeindeficit6.Thelawofonepriceholdsundertheassumptionof_.A.NotransportationcostsandnotradebarriersB.DifferentproductiontechnologiesC.MonopolisticcompetitionD.Highinflation7.Intheforeignexchangemarket,iftheexchangerateofthedomesticcurrencyagainsttheforeigncurrencyrises,itmeans_.A.ThedomesticcurrencydepreciatesB.ThedomesticcurrencyappreciatesC.TheforeigncurrencyvalueremainsunchangedD.Thereisnochangeintheexchangerate8.Whichofthefollowingisanexampleofadirectinvestment?A.BuyingforeignstocksB.BuyingforeignbondsC.EstablishingafactoryoverseasD.Depositingmoneyinaforeignbank9.TheJ-curveeffectshowsthat_.A.ThetradebalanceimprovesimmediatelyafteracurrencydepreciationB.ThetradebalancedeterioratesfirstandthenimprovesafteracurrencydepreciationC.ThetradebalancedeterioratescontinuouslyafteracurrencydepreciationD.Thereisnorelationshipbetweencurrencydepreciationandtradebalance10.TheBrettonWoodssystemwasbasedon_.A.Agold-standardsystemB.AfloatingexchangeratesystemC.AfixedexchangeratesystemwiththeUSdollarasthekeycurrencyD.AmanagedfloatingexchangeratesystemAnswers:1.B2.C3.C4.B5.C6.A7.B8.C9.B10.C二、多项选择题（每题2分，共20分）1.Themainreasonsforinternationaltradeinclude_.A.DifferencesinresourceendowmentsB.DifferencesinproductiontechnologyC.EconomiesofscaleD.Tastesdifferences2.Tariffscanhavethefollowingimpacts_.A.ProtectdomesticindustriesB.IncreasegovernmentrevenueC.ReduceconsumerwelfareD.Promotefreetrade3.Thefactorsaffectingtheexchangerateinclude_.A.InterestratedifferentialsB.InflationratedifferentialsC.MarketspeculationD.Centralbankintervention4.Whichofthefollowingarecomponentsofthebalanceofpayments?A.CurrentaccountB.CapitalaccountC.FinancialaccountD.Officialreserveaccount5.Thenewtradetheoryemphasizes_.A.EconomiesofscaleB.ImperfectcompetitionC.ProductdifferentiationD.Comparativeadvantage6.Non-tariffbarriersinclude_.A.ImportquotasB.VoluntaryexportrestraintsC.TechnicalbarrierstotradeD.Sanitaryandphytosanitarymeasures7.Intheinternationalfinancialmarket,thefunctionsoftheinternationalmonetarysysteminclude_.A.DeterminingtheexchangerateregimeB.FacilitatinginternationalpaymentsC.ProvidinginternationalliquidityD.Resolvinginternationalfinancialcrises8.Thebenefitsofforeigndirectinvestmentforthehostcountrymayinclude_.A.BringinginadvancedtechnologyB.CreatingemploymentopportunitiesC.ImprovingmanagementskillsD.Promotingexports9.ThelimitationsoftheHeckscher-Ohlinmodelare_.A.IgnoringtechnologicalprogressB.AssumingidenticalproductiontechnologiesacrosscountriesC.IgnoringtheroleofeconomiesofscaleD.Assumingperfectcompetition10.ThefunctionsoftheWorldTradeOrganizationinclude_.A.AdministeringtradeagreementsB.ProvidingaforumfortradenegotiationsC.SettlingtradedisputesD.MonitoringnationaltradepoliciesAnswers:1.ABCD2.ABC3.ABCD4.ABCD5.ABC6.ABCD7.ABCD8.ABCD9.ABCD10.ABCD三、判断题（每题2分，共20分）1.Accordingtothetheoryofcomparativeadvantage,acountryshouldspecializeinproducingandexportinggoodswiththelowestabsolutecost.(False)2.Atariffalwaysincreasesthewelfareofasmallcountry.(False)3.Inthelong-run,theexchangerateismainlydeterminedbytherelativepurchasingpowerofdifferentcurrencies.(True)4.Acurrentaccountdeficitmeansthatacountryisborrowingfromtherestoftheworld.(True)5.TheHeckscher-Ohlinmodelassumesthatproductiontechnologiesarethesameindifferentcountries.(True)6.Voluntaryexportrestraintsaremorebeneficialtotheimportingcountrythanimportquotas.(False)7.Theinternationalmonetarysystemonlyincludestheexchangerateregime.(False)8.Foreigndirectinvestmentalwayshaspositiveimpactsonthehostcountry.(False)9.Thelawofonepricecanholdperfectlyintherealworld.(False)10.TheWorldTradeOrganizationaimstopromotefreetradeamongitsmembercountries.(True)四、简答题（每题5分，共20分）1.Brieflydescribethetheoryofcomparativeadvantage.Thetheoryofcomparativeadvantage,proposedbyDavidRicardo,statesthatacountryshouldspecializeinproducingandexportinggoodsinwhichithasaloweropportunitycost.Bytradingbasedoncomparativeadvantage,countriescanincreasetotaloutputandbothtradingpartnerscangainfromtrade.2.Whatarethemaintypesofnon-tariffbarriers?Maintypesincludeimportquotaswhichlimitthequantityofimports;voluntaryexportrestraintswhereexportingcountries"voluntarily"limitexports;technicalbarrierstotradelikeproductstandards;andsanitaryandphytosanitarymeasuresforhealthandsafetyreasons.3.Explaintherelationshipbetweenthecurrentaccountandthecapitalaccountinthebalanceofpayments.Thebalanceofpaymentsmustbalance.Acurrentaccountsurplusmeansacountryisanetlender,anditwillhaveacorrespondingcapitalaccountdeficitascapitalflowsout.Acurrentaccountdeficitimpliesanetborrowing,accompaniedbyacapitalaccountsurplusascapitalflowsin.4.WhatisthesignificanceoftheWorldTradeOrganization?TheWTOadministerstradeagreements,providesaplatformfortradenegotiations.Ithelpstosettletradedisputesamongmembercountriesandmonitorsnationaltradepolicies,thuspromotingglobalfreetradeandstableinternationaltradeorder.五、讨论题（每题5分，共20分）1.Discusstheimpactsofcurrencydepreciationonacountry'seconomy.Currencydepreciationmakesexportscheaperandimportsmoreexpensive.Intheshort-run,accordingtotheJ-curveeffect,thetradebalancemaydeterioratefirst.Butinthelong-run,itcanboostexports,increasedomesticproductionandemployment.However,itmayalsoleadtohigherinflationasthecostofimportedinputsrises.2.Analyzetheprosandconsofforeigndirectinvestmentforthehostcountry.Prosincludebringinginadvancedtechnology,improvingmanagementskills,creatingjobs,andpromotingexports.Consmightinvolvepotentialnegativeimpactsondomesticindustriesduetocompetition,possibleexploitationoflocalresources,andpotentialnegativeeffectsontheenvironmentifproperregulationsarelacking.3.Debatethe