国际经济学题目2Word文档格式.docx
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国际经济学题目2Word文档格式.docx
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d.TheHeckscher-Ohlintheory
2.AccordingtoStaffanLinder,tradebetweentwocountriestendstobemostpronouncedwhenthecountries:
a.Findtheirtastesandpreferencestobequiteharmonious
b.Experienceeconomiesoflarge-scaleproductionoverlargeoutputlevels
c.Facedissimilarrelativeabundancesofthefactorsofproduction
d.Findtheirper-capitaincomelevelstobeapproximatelythesame
3.Whichofthefollowingisalong-runtheory,emphasizingchangesinthetradingpositionofanationoveranumberofyears?
a.Theoryoffactorendowments
b.Comparativeadvantagetheory
c.Theoryoftheproductcycle
d.Overlappingdemandtheory
4.TheLeontiefparadoxquestionedthevalidityofthetheoryof:
a.Comparativeadvantage
b.Factorendowments
c.Overlappingdemands
d.Absoluteadvantage
5.Whichofthefollowingwouldleastlikelyapplytotheproductlifecycletheory?
a.Calculatorsandcomputers
b.Coalandcrudeoil
c.Homemoviecameras
d.Officemachinery
6.Classicaltradetheoryemphasizedwhichofthefollowingasanunderlyingexplanationofthebasisfortrade?
a.Productivitiesoflaborinputs
b.Tastesandpreferencesamongnations
c.Changesintechnologiesovertime
d.Quantitiesofeconomicresources
7.Concerningtheinfluencethattransportationcostshaveonthelocationofindustry,whichofthefollowingindustrieshasgenerallyattemptedtolocateproductionfacilitiesclosetoresourcesupplies?
a.Autos
b.Steel
c.Softdrinks
d.Valuableelectronicsgoods
8.AssumethatCountryA,intheabsenceoftrade,findsitselfrelativelyabundantinlaborandrelativelyscarceinland.Thefactorendowmenttheoryreasonsthatwithfreetrade,theinternaldistributionofnationalincomeinCountryAwillchangeinfavorof:
a.Labor
b.Land
c.Bothlaborandland
d.Neitherlabornorland
9.Whenconsideringtheeffectsoftransportationcosts,theconclusionsofourtrademodelmustbemodified.Thisisbecausetransportationcostsresultin:
a.Lowertradevolume,higherimportprices,smallergainsfromtrade
b.Lowertradevolume,lowerimportprices,smallergainsfromtrade
c.Highertradevolume,higherimportprices,smallergainsfromtrade
d.Highertradevolume,lowerimportprices,greatergainsfromtrade
10.MosteconomistsmaintainthatthemajorfactorunderlyingwagestagnationintheUnitedStatesinthe1990shasbeen:
a.Importcompetition
b.Technologicalchange
c.Risingrealvalueoftheminimumwage
d.Increasingunionmembership
11.AssumethecostoftransportingautosfromJapantoCanadaexceedsthepretradepricedifferenceforautosbetweenJapanandCanada.Tradeinautosis:
a.Impossible
b.Possible
c.Highlyprofitable
d.Moderatelyprofitable
12.EliHeckscherandBertilOhlinareassociatedwiththetheoryofcomparativeadvantagethatstressesdifferencesin:
a.Incomelevelsamongcountries
b.Tastesandpreferencesamongcountries
c.Resourceendowmentsamongcountries
d.Laborproductivitiesamongcountries
13.HongKongisrelativelyabundantinlabor,whileCanadaisrelativelyabundantincapital.Inbothcountriestheproductionofshirtsisrelativelymorelaborintensivethantheproductionofcomputers.Accordingtothefactorendowmenttheory,HongKongwillhavea(n):
a.Absoluteadvantageintheproductionofshirtsandcomputers
b.Absoluteadvantageintheproductionofcomputers
c.Comparativeadvantageintheproductionofshirts
d.Comparativeadvantageintheproductionofcomputers
14.IfJapaneseworkersreceivelowerwagesintheproductionofautosthandoAmericanworkers:
a.Japanwillhaveacomparativeadvantageintheproductionofautos
b.Japanwillhaveanabsoluteadvantageintheproductionofautos
c.ProductioncostswillbelowerinJapanthanintheU.S.
d.ProductioncostscouldbelowerintheU.S.ifAmericanlaborproductivityishigherthantheJapanese
15.Whichtradetheorysuggeststhatanewlyproducedgood,onceexported,couldultimatelyendupbeingimportedasthetechnologyistransferredtolower-costnations?
a.Factorendowmenttheory
b.Productlifecycletheory
c.Overlappingdemandtheory
d.Comparativeadvantagetheory
16.Afirmissaidtoenjoyeconomiesofscaleovertherangeofoutputforwhichthelong-runaveragecostis:
a.Increasing
b.Constant
c.Decreasing
d.Noneoftheabove
17.Aproductwillbeinternationallytradedaslongasthepretradepricedifferentialbetweenthetradingpartnersis:
a.Greaterthanthecostoftransportingitbetweenth
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