国际经济学选择题题库(有答案).docx
MUltiDIe-ChOiCeOUeSIiOnSCh.2.TheMercantilistsdidnotadvocate:3.a.freetradeb.stimulatingthenation'sexportsc.restrictingthenations'importsd.theaccumulationofgoldbyIhenation2.AccordingtoAdamSmith,internationaltradewasbasedon:3a.absoluteadvantageparativeadvantagec.bothabsoluteandcomparativeadvantaged.neitherabsolutenorcomparativeadvantage3.Whatproportionofinternationaltradeisbasedonabsoluteadvantage?C.a.AHb.mostc.somed.none4.ThecommodityinwhichthenationhasthesmallestabsolutedisadvantageistheCommodityofits:da.absolutedisadvantageb.absoluteadvantageparativedisadvantageparativeadvantage5.Ifinatwo-nation(AandB),two-commodity(XandY)world,itisestablishedthatnationdAhasacomparativeadvantageincommodityX,thennationBmusthave:a.anabsoluteadvantageincommodityYb.anabsolutedisadvantageincommodityYc.acomparativedisadvantageincommodityYd.acomparativeadvantageincommodityY6.IfwithonehouroflabortimenationAcanproduceeither3Xor3YwhilenationBcanproduceeither1Xor3Y(andlaboristheonlyinput):Ca.nationAhasacomparativedisadvantageincommodityXb.nationBhasacomparativedisadvantageincommodityYc.nationAhasacomparativeadvantageincommodityXd.nationAhasacomparativeadvantageinneithercommodity7.WithreferencetothestatementinQuestion6:Cla.PxPy=1innationAb.PxPy=3innationBc.PyPx=l3innationBd.alloftheabove8.WithreferencetothestatementinQuestion6,if3Xisexchangedfor3Y:.t)a.nationAgains2Xb.nationBgains6Yc.nationAgains3Yd.nationBgains3Y9.WithreferencetothestatementofQuestion6,therangeofmutuallybeneficialtradebetweennationAandBis:.Ca.3Y<3X<5Yb.5Y<3X<9Yc.3Y<3X<9Yd.1Y<3X<3Y10.Ifdomestically3X=3YinnationA,whileIX=IYdomesticallyinnationB:d.a.therewillbenotradebetweenthetwonationsb.therelativepriceofXisthesameinbothnationsc.therelativepriceofYisthesameinbothnationsd.alloftheabove11.Ricardoexplainedthelawofcomparativeadvantageonthebasisof:a.a.thelabortheoryofvalueb.theopportunitycosttheoryc.thelawofdiminishingreturnsd.alloftheabove12.Whichofthefollowingstatementsistrue?d.a.Thecombineddemandforeachcommoditybythetwonationsisnegativelyslopedb.thecombinedsupplyforeachcommoditybythetwonationsisrisingstepwisec.theequilibriumrelativecommoditypriceforeachcommoditywithtradeisgivenbytheintersectionofthedemandandsupplyofeachcommoditybythetwonationsd.alloftheabove13.Adifferenceinrelativecommoditypricesbetweentwonationscanbebaseduponadifferencein:d.a.factorendowmentsb.technologyc.tastesd.alloftheabove14.Inthetradebetweenasmallandalargenation:t)a.thelargenationislikelytoreceiveallofthegainsfromtradeb.thesmallnationislikelytoreceiveallofthegainsfromtradec.thegainsfromtradearelikelytobeequallysharedd.wecannotsay15.TheRicardiantrademodelhasbeenempiricallyH.a.verifiedb.rejectedc.nottestedd.testedbuttheresultswereinconclusiveMUlIiPIe-ChOiCeOUeStionSCh.31.Aproductionfrontierthatisconcavefromtheoriginindicatesthatthenationincursincreasingopportunitycostsintheproductionof:m(xlityXonlymodityYonlyc.bothcommoditiesd.neithercommodity2.Themarginalrateoftransformation(MRT)ofXforYrefersto:a.theamountofYthatanationmustgiveuptoproduceeachadditionalunitofXb.theopportunitycostofXc.theabsoluteslopeoftheproductionfrontieratthepointofproductiond.alloftheabove3.Whichofthefollowingisnotareasonforincreasingopportunitycosts:a.technologydiffersamongnationsb.factorsofproductionarenothomogeneousc.factorsofproductionarenotusedinthesamefixedproportionintheproductionofallcommoditiesd.forthenationtoproducemoreofacommodity,itmustuseresourcesthatarelessandlesssuitedintheproductionofthecommodity4.Communityindifferencecurves:a.arenegativelyslopedb.areconvextotheoriginc.shouldnotcrossd.alloftheabove5.Themarginalrateofsubstitution(MRS)ofXforYinconsumptionreferstothe:a.amountofXthatanationmustgiveupforoneextraunitofYandstillremainonthesameindifferencecurveb.amountofYthatanationmustgiveupforoneextraunitofXandstillremainonthesameindifferencecurvec.amountofXthatanationmustgiveupforoneextraunitofYtoreachahigherindifferencecurved.amountofYthatanationmustgiveupforoneextraunitofXtoreachahigherindifferencecurve6.WhichofthefollowingstatementsistruewithrespecttotheMRSofXforY?a.Itisgivenbytheabsoluteslopeoftheindifferencecurveb.declinesasthenationmovesdownanindifferencecurvec.risesasthenationmovesupanindifferencecurved.alloftheabove7.Whichofthefollowingstatementsaboutcommunityindifferencecurvesistrue?a.Theyareentirelyunrelatedtoindividuals'communityindifferencecurvesb.theycross,theycannotbeusedintheanalysisc.theproblemsarisingfromintersectingcommunityindifferencecurvescanbeovercomebytheapplicationofthecompensationprincipled.alloftheabove.8.Whichofthefollowingisnottrueforanationthatisinequilibriuminisolation?a.Itconsumesinsideitsproductionfrontierb.itreachesthehighestindifferencecurvepossiblewithitsproductionfrontierc.theindifferencecurveistangenttothenation'sprod