国际经济学选择题题库(有答案).docx

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1、MUltiDIe-ChOiCeOUeSIiOnSCh.2.TheMercantilistsdidnotadvocate:3.a.freetradeb.stimulatingthenationsexportsc.restrictingthenationsimportsd.theaccumulationofgoldbyIhenation2.AccordingtoAdamSmith,internationaltradewasbasedon:3a.absoluteadvantageparativeadvantagec.bothabsoluteandcomparativeadvantaged.neith

2、erabsolutenorcomparativeadvantage3.Whatproportionofinternationaltradeisbasedonabsoluteadvantage?C.a.AHb.mostc.somed.none4.ThecommodityinwhichthenationhasthesmallestabsolutedisadvantageistheCommodityofits:da.absolutedisadvantageb.absoluteadvantageparativedisadvantageparativeadvantage5.Ifinatwo-nation

3、(AandB),two-commodity(XandY)world,itisestablishedthatnationdAhasacomparativeadvantageincommodityX,thennationBmusthave:a.anabsoluteadvantageincommodityYb.anabsolutedisadvantageincommodityYc.acomparativedisadvantageincommodityYd.acomparativeadvantageincommodityY6.IfwithonehouroflabortimenationAcanprod

4、uceeither3Xor3YwhilenationBcanproduceeither1Xor3Y(andlaboristheonlyinput):Ca.nationAhasacomparativedisadvantageincommodityXb.nationBhasacomparativedisadvantageincommodityYc.nationAhasacomparativeadvantageincommodityXd.nationAhasacomparativeadvantageinneithercommodity7.WithreferencetothestatementinQu

5、estion6:Cla.PxPy=1innationAb.PxPy=3innationBc.PyPx=l3innationBd.alloftheabove8.WithreferencetothestatementinQuestion6,if3Xisexchangedfor3Y:.t)a.nationAgains2Xb.nationBgains6Yc.nationAgains3Yd.nationBgains3Y9.WithreferencetothestatementofQuestion6,therangeofmutuallybeneficialtradebetweennationAandBis

6、:.Ca.3Y3X5Yb.5Y3X9Yc.3Y3X9Yd.1Y3X3Y10.Ifdomestically3X=3YinnationA,whileIX=IYdomesticallyinnationB:d.a.therewillbenotradebetweenthetwonationsb.therelativepriceofXisthesameinbothnationsc.therelativepriceofYisthesameinbothnationsd.alloftheabove11.Ricardoexplainedthelawofcomparativeadvantageonthebasiso

7、f:a.a.thelabortheoryofvalueb.theopportunitycosttheoryc.thelawofdiminishingreturnsd.alloftheabove12.Whichofthefollowingstatementsistrue?d.a.Thecombineddemandforeachcommoditybythetwonationsisnegativelyslopedb.thecombinedsupplyforeachcommoditybythetwonationsisrisingstepwisec.theequilibriumrelativecommo

8、ditypriceforeachcommoditywithtradeisgivenbytheintersectionofthedemandandsupplyofeachcommoditybythetwonationsd.alloftheabove13.Adifferenceinrelativecommoditypricesbetweentwonationscanbebaseduponadifferencein:d.a.factorendowmentsb.technologyc.tastesd.alloftheabove14.Inthetradebetweenasmallandalargenat

9、ion:t)a.thelargenationislikelytoreceiveallofthegainsfromtradeb.thesmallnationislikelytoreceiveallofthegainsfromtradec.thegainsfromtradearelikelytobeequallysharedd.wecannotsay15.TheRicardiantrademodelhasbeenempiricallyH.a.verifiedb.rejectedc.nottestedd.testedbuttheresultswereinconclusiveMUlIiPIe-ChOi

10、CeOUeStionSCh.31.Aproductionfrontierthatisconcavefromtheoriginindicatesthatthenationincursincreasingopportunitycostsintheproductionof:m(xlityXonlymodityYonlyc.bothcommoditiesd.neithercommodity2.Themarginalrateoftransformation(MRT)ofXforYrefersto:a.theamountofYthatanationmustgiveuptoproduceeachadditi

11、onalunitofXb.theopportunitycostofXc.theabsoluteslopeoftheproductionfrontieratthepointofproductiond.alloftheabove3.Whichofthefollowingisnotareasonforincreasingopportunitycosts:a.technologydiffersamongnationsb.factorsofproductionarenothomogeneousc.factorsofproductionarenotusedinthesamefixedproportioni

12、ntheproductionofallcommoditiesd.forthenationtoproducemoreofacommodity,itmustuseresourcesthatarelessandlesssuitedintheproductionofthecommodity4.Communityindifferencecurves:a.arenegativelyslopedb.areconvextotheoriginc.shouldnotcrossd.alloftheabove5.Themarginalrateofsubstitution(MRS)ofXforYinconsumptio

13、nreferstothe:a.amountofXthatanationmustgiveupforoneextraunitofYandstillremainonthesameindifferencecurveb.amountofYthatanationmustgiveupforoneextraunitofXandstillremainonthesameindifferencecurvec.amountofXthatanationmustgiveupforoneextraunitofYtoreachahigherindifferencecurved.amountofYthatanationmust

14、giveupforoneextraunitofXtoreachahigherindifferencecurve6.WhichofthefollowingstatementsistruewithrespecttotheMRSofXforY?a.Itisgivenbytheabsoluteslopeoftheindifferencecurveb.declinesasthenationmovesdownanindifferencecurvec.risesasthenationmovesupanindifferencecurved.alloftheabove7.Whichofthefollowings

15、tatementsaboutcommunityindifferencecurvesistrue?a.Theyareentirelyunrelatedtoindividualscommunityindifferencecurvesb.theycross,theycannotbeusedintheanalysisc.theproblemsarisingfromintersectingcommunityindifferencecurvescanbeovercomebytheapplicationofthecompensationprincipled.alloftheabove.8.Whichofthefollowingisnottrueforanationthatisinequilibriuminisolation?a.Itconsumesinsideitsproductionfrontierb.itreachesthehighestindifferencecurvepossiblewithitsproductionfrontierc.theindifferencecurveistangenttothenationsprod