完整版国际经济学罗伯特凯伯答案解析1Word文档格式.docx
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完整版国际经济学罗伯特凯伯答案解析1Word文档格式.docx
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a.Allowsprivateownershipofcapital
b.Hasflexibleexchangerates
c.Hasfixedexchangerates
d.Conductstradewithothercountries
5.Internationaltradeforcesdomesticfirmstobecomemorecompetitiveintermsof:
a.Theintroductionofnewproducts
b.Productdesignandquality
c.Productprice
d.Alloftheabove
6.Themovementtofreeinternationaltradeismostlikelytogenerateshorttermunemploymentinwhichindustries?
a.Industriesinwhichthereareneitherimportsnorexports
b.Import-competingindustries
c.Industriesthatselltodomesticandforeignbuyers
d.Industriesthatselltoonlyforeignbuyers
7.Internationaltradeisbasedontheideathat:
a.Exportsshouldexceedimports
b.Importsshouldexceedexports
c.Resourcesaremoremobileinternationallythanaregoods
d.Resourcesarelessmobileinternationallythanaregoods
8.Argumentsforfreetradearesometimesdisregardedbypoliticiansbecause:
a.Maximizingdomesticefficiencyisnotconsideredimportant
b.Maximizingconsumerwelfaremaynotbeachiefpriority
c.Thereexistsoundeconomicreasonsforkeepingone'
seconomyisolated
fromothereconomies
d.Economiststendtofavorhighlyprotecteddomesticmarkets
9.Howmuchphysicaloutputaworkerproducersinanhour'
sworkdependson:
a.Theworker'
smotivationandskill
b.Thetechnology,plant,andequipmentinuse
c.Howeasytheproductistomanufacture
10.ThelargestamountoftradewiththeUnitedStatesinrecentyearshasbeenconductedby:
a.Canada
b.Germany
c.Chile
d.UnitedKingdom
11.Increasedforeigncompetitiontendsto:
a.Intensifyinflationarypressuresathome
b.Inducefallingoutputperworker-hourfordomesticworkers
c.Placeconstraintsonthewagesofdomesticworkers
d.Increaseprofitsofdomesticimport-competingindustries
12.istheabilityofafirm/industry,underfreeandfairmarketconditions,
todesign,produce,andmarketgoodsandservicesthatarebetterand/orcheaperthanthoseofotherfirms/industries.
a.Competitiveness
b.Protectionism
c.Comparativeadvantage
d.Absoluteadvantage
13.Afirm'
s,relativetothatofotherfirms,isgenerallyregardedasthe
mostimportantdeterminantofcompetitiveness.
a.Incomelevel
b.Tastesandpreferences
c.Governmentalregulation
d.Productivity
14.Freetradersmaintainthatanopeneconomyisadvantageousinthatit
15.
16.
17.
18.
providesallofthefollowingexcept:
a.Increasedcompetitionforworldproducers
b.Awiderselectionofproductsforconsumers
c.Theutilizationofthemostefficientproductionmethods
d.Relativelyhighwagelevelsforalldomesticworkers
RecentpressuresforprotectionismintheUnitedStateshavebeenmotivatedbyallofthefollowingexcept:
a.U.S.firmsshippingcomponentproductionoverseas
b.HighprofitlevelsforAmericancorporations
c.SluggishratesofproductivitygrowthintheUnitedStates
d.HighunemploymentratesamongAmericanworkers
Internationaltradetendstocausewelfarelossestoatleastsomegroupsinacountry:
a.Thelessmobilethecountry'
sresources
b.Themoremobilethecountry'
c.Thelowerthecountry'
sinitiallivingstandard
d.Thehigherthecountry'
Foranationtomaximizeitsproductivityinaglobaleconomy:
a.Onlyimportsarenecessary
b.Onlyexportsarenecessary
c.Bothimportsandexportsarenecessary
d.Neitherimportsnorexportsarenecessary
Afeasibleeffectofinternationaltradeisthat:
a.Amonopolyinthehomemarketbecomesanoligopolyinthemarket
b.Anoligopolyinthehomemarketbecomesamonopolyinthemarket
c.Apurelycompetitivefirmbecomesanoligopolist
d.Apurelycompetitivefirmbecomesamonopolist
world
19.Internationaltradeingoodsandservicestendsto:
a.Increasealldomesticcostsandprices
b.Keepalldomesticcostsandpricesatthesamelevel
c.Lessentheamountofcompetitionfacinghomemanufacturers
d.Increasetheamountofcompetitionfacinghomemanufacturers
20.Therealincomeofdomesticproducersandconsumerscanbeincreasedby:
a.Technologicalprogress,butnotinternationaltrade
b.Internationaltrade,butnottechnologicalprogress
c.Technologicalprogressandinternationaltrade
d.Neithertechnologicalprogressnorinternationaltrade
21.IntheUnitedStates,automobilesare:
a.Imported,butnotexported
b.Exported,butnotimported
c.Importedandexported
d.Neitherexportednorimported
22.
sincethey
Technologicalimprovementsaresimilartointernationaltradeboth:
a.Providebenefitsforallproducersandconsumers
b.Increasethenation'
saggregateincome
c.Reduceunemploymentforalldomesticworkers
d.Ensurethatindustriescanoperateatlessthanfullcapacity
23.
short-term
Asuddenshiftfromimporttariffstofreetrademayinduceunemploymentin:
a.Import-competingindustries
b.Industriesthatareonlyexporters
c.Industriesthatselldomesticallyaswellasexport
d.Industriesthatneitherimportnorexport
24.Recentempiricalstudiesindicatethatproductivityperformanceinindustriesis:
a.Directlyrelatedtoglobalizationofindustries
b.Inverselyrelatedtoglobalizationofindustries
c.Notrelatedtoglobalizationofindustries
d.Anyoftheabove
25.Empiricalresearchindicatesthatbestenhancesproductivitygainsfor
firmsandindustries.
a.Localcompetition
b.Regionalcompetition
c.Globalcompetition
d.Nocompetition
26.Increasedglobalizationisfosteredby:
a.Increasedtariffsandquotas
b.Restrictionsonthemigrationoflabor
c.Reducedtransportationcosts
d.Restrictionsoninvestmentflows
27.AreducedshareoftheworldexportmarketfortheUnitedStateswouldbeattributedto:
a.DecreasedproductivityinU.S.manufacturing
b.HighincomesofAmericanhouseholds
c.RelativelylowinterestratesintheUnitedStates
d.HighlevelsofinvestmentbyAmericancorporations
28.ThedominanttradingnationintheworldmarketfollowingWorldWarIIwas:
a.UnitedKingdom
c.SouthKorea
d.UnitedStates
29.Aclosedeconomyisoneinwhich:
a.Importsexactlyequalexports,sothattradeisbalanced
b.Domesticfirmsinvestinindustriesoverseas
c.Thehomeeconomyisisolatedfromforeigntrade
d.Savingexactlyequalsinvestmentatfullemployment
30.
product,
Relativetocountrieswithlowratiosofexportstogrossdomesticcountrieshavinghighexporttogrossdomesticproductratiosarevulnerabletochangesintheworldmarket.
a.Less
b.More
c.Equally
31.Whichofthefollowingisafallacyofinternationaltrade?
a.Tradeisazero-sumactivity
b.Exportsincreaseemploymentinexportingindustries
c.Importrestrictionsincreaseemploymentinimport-competingindustries
d.Tariffsandquotasreducetradevolume
32.ForeignownershipofU.S.financialassets:
a.Hasdecreasedsincethe1960s
b.Hasincreasedsincethe1960s
c.HasmadetheU.S.anetborrowersincethelate1980s
d.Bothaandc
33.Thefirstwaveofglobalizationwasbroughttoanendbythe:
a.GreatDepression
b.SecondWorldWar
c.FirstWorldWar
d.Smoot-HawleyAct
34.Multilateraltradenegotiationshaveledto:
a.Continuedtradeliberalization
b.Financialliberalization
c.Increasedinvestment
TRUE-FALSEQUESTIONS
TF1.ImportanttradingpartnersoftheUnitedStatesincludeCanada,Mexico,Japan,andChina.
F2.TheUnitedStatesexportsalargerpercentageofitsgrossdomestic
productthanJapan,Germany,andCanada.
inflationarypressuresathome.
4.Thebenefitsofinternational
tradeaccrueintheformsoflower
domesticprices,developmentofmoreefficientmethodsandnewproducts,andagreaterrangeofconsumptionchoices.
TF5.Inanopentradingsystem,acountrywillimportthosecommoditiesthatitproducesatrelativelylowcostwhileexportingcommoditiesthatcanbeproducedatrelativelyhighcost.
security.
resources,itsstockofmachineryandequipment,andtheskillofitsworkersincreatinggoodsthatpeoplewanttobuy.
F8.Ifanationhasanopeneconomy,itmeansthatthenationallows
privateownershipofcapital.
F9.Increasedforeigncompetitiontendstoincreaseprofitsofdomestic
import-competingcompanies.
TF10.RestrictivetradepolicieshaveresultedinU.S.producersofmineralsandmetalssupplyingalloftheU.S.consumers'
needs.
ANSWERS
AnswerstoMultiple-ChoiceQuestions
1.
b
8.
29.
c
2.
a
9.
d
3.
10.
24.
31.
4.
11.
25.
32.
5.
12.
19.
26.
33.
6.
13.
20.
27.
34.
7.
14.
21.
28.
AnswerstoTrue-FalseQuestions
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