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【MOOC】國際貿(mào)易(英)-江西財經(jīng)大學(xué)中國大學(xué)慕課MOOC答案Exercise1.1Whytradeisimportant1、【單選題】ChinesestudentsgoabroadtostudyinUnitedKingdommeans_____.本題答案:【TheUnitedKingdomexportseducationservicestoChina.】2、【單選題】Asweallknow,importisasimportantasexports,because_____.WhichoffollowingisNOTture?本題答案:【importswillhinderworldeconomicgrowthabsolutely.】3、【判斷題】Notallthepeopleliketrade,infactsomeparticulargroupwillbeharmedbytrade.TorF本題答案:【正確】Exercise1.2FeaturesandTrendsofWorldTrade1、【單選題】WhichoffollowingisNOTkeyfeaturesandtrendsofWorldTrade?本題答案:【Servicetradehasbecamethemostimportantcontentofworldtrade.】2、【單選題】Fromwhatwelearned,______provideanewinsightintothecommercialrelationsbetweennationsbyconsideringthevalueaddedbyeachcountry.本題答案:【TradeinValue-Added】3、【判斷題】3)Digitaltechnologieshasfundamentallyreshapedoureconomies,slashingthecostofacquiringandtradinginformation.TorF本題答案:【正確】Exercise1.3WhoTradeswithWhom:TheGravityModel1、【單選題】FromtheGravityModelequation,wecanfindthatthevalueoftradebetweentwocountriesdependsontwoimportantfactors,oneis_______andtheotheris_______.本題答案:【economicsize,thedistancebetweenthem.】2、【單選題】Whyin2006CanadaisUSA’sbiggesttrader,whilein2015ChinasubstitutedCanadatobetheNo.1?本題答案:【BecauseChina’seconomicsizeexpanded.】3、【判斷題】Onlyeconomicsizeanddistancecanaffecttradepattern.TorF本題答案:【錯誤】01WorldTrade:anOverview1、【單選題】Tradeincludes____and____,contributemuchtoeconomicglobalization,especiallytoworldeconomicgrowth.本題答案:【export,import.】2、【單選題】InNov.2018,ChinesegovernmentstartedtohaveChinaInternationalImportExpo,______.本題答案:【whichisthefirstexpoontheworldthataimstoencourageimport.】3、【單選題】NowadaysmembersofWTOalsopaymoreattentiononservicetradecomparedwithbefore.Because_____.本題答案:【theissuesofservicetradeusuallycombinedwithinvestment,whichisimportantforworldeconomicgrowth.】4、【單選題】Developingcountriesarebecomingmoreimportantinworldtrade,________.本題答案:【becausetheshareofdevelopingcountriesinworldmerchandiseexportshasincreasedobviously.】5、【單選題】WhythethreeEuropeanGiants,Germany,U.K.andFranceusuallyhaveclosertraderelationshipwithUSA?本題答案:【Becauseoftheeconomicsize.】6、【單選題】Accordingtothegravitymodel,acharacteristicthattendstoaffecttheprobabilityoftradeexistingbetweenanytwocountriesis______.本題答案:【thedistancebetweenthem.】7、【單選題】WhichoffollowingisNOTthefactoraffecttingtradepattern?本題答案:【physics】8、【單選題】Whenworldmerchandisetradedevelopedrobust,______.本題答案:【theperformanceofworldrealGDPgrowthrategenerallyisalsogood.】9、【單選題】Fortheconsumers,tradeespeciallyimportisveryimportant,NOTbecause_____.本題答案:【theycanhavemoremoneytobuyvariousproducts.】10、【單選題】Relyingtoomuchontrade,that’stosay,tradedependencyortradeopennessistoohigh,whichisnotverygoodforonecountry.WhichoffollowingisNOTture?本題答案:【China’stradedependencyisveryslow.】11、【單選題】_____stillthemostimportantcontentofworldtrade.本題答案:【Manufacturedgoods】12、【單選題】Thechangerangeofthevalueofworldmerchandisetradeusuallylargerthanthevolumeone.Why?本題答案:【Thekeyreasonisthatthepriceofcommodityhasbiginfluenceonthetrendofworldtradedevelopment.】13、【單選題】Usually,whenworldeconomyishot,worldtradevolumewill_____,atthesametimethecommoditypricealsowill_____,sothevalueofworldtradewillexpandmore.本題答案:【expand,rise】14、【單選題】WhichofthefollowingismostlikelyamongthekeytopiclistofG20summit?本題答案:【Howtodealwiththefluctuationofcommodityprices.】15、【單選題】Thetraditionalcalculationusuallymisleadstheunderstandingaboutglobaltraderelationship.TiVAaddressesthisissueby_______.本題答案:【consideringthevalueaddedbyeachcountryintheproductionofgoodsandservicesthatareconsumedworldwide.】Exercise2.1Mercantilism1、【單選題】Themercantilistswouldhaveobjectedto:本題答案:【Internationaltradebasedonopenmarkets】2、【判斷題】Themercantilistscontendedthatbecauseonenation'sgainsfromtradecomeattheexpenseofitstradingpartners,notallnationscouldsimultaneouslyrealizegainsfromtrade.本題答案:【正確】3、【判斷題】Accordingtotheprice-specie-flow-doctrine,atrade-surplusnationwouldexperiencegoldoutflows,adecreaseinitsmoneysupply,andafallinitspricelevel.本題答案:【錯誤】Exercise2.2AbsoluteAdvantageTheory1、【單選題】Referringtothefollowingtable,theUnitedStateshastheabsoluteadvantageintheproductionof:_____.Table:OutputPossibilitiesoftheU.S.andtheU.K.OutputperWorkerperdayCountryTonsofSteelTelevisionsUnitedStates545UnitedKingdom1020本題答案:【Bothsteelandtelevisions】2、【單選題】ReferringtothefollowingFigure,therelativecostofsteelintermsofaluminumis:__________.Figure:ProductionPossibilitiesSchedule本題答案:【0.5tons】3、【單選題】Unlikethemercantilists,AdamSmithmaintainedthat:___________.本題答案:【Allnationscangainfromfreeinternationaltrade】Exercise2.3ComparativeAdvantageTheory(1)1、【單選題】Inordertoknowwhetheracountryhasacomparativeadvantageintheproductionofoneparticularproductweneedinformationonatleast________unitlaborrequirements.本題答案:【four】2、【單選題】Giventheinformationinthefollowingtable,__________.本題答案:【Foreignhasacomparativeadvantageinwidgets.】3、【單選題】Ricardo'stheoryofcomparativeadvantagewasoflimitedreal-worldvaliditybecauseitwasfoundedonthe:_________.本題答案:【Labortheoryofvalue】Exercise2.4ComparativeAdvantageTheory(2)1、【單選題】YouaregiventhefollowingClassical-typetableindicatingthenumberofdaysoflaborinputneededtomakeoneunitofoutputofeachofthefivecommoditiesineachofthetwocountries.AssumethatthewagerateinEnglandis£60perday,thatthewagerateinPortugalis£40perday.Withthegiveninformation,whatwillbethetradepatternifthetwocountriesengageintrade?本題答案:【EnglandwillexportgoodsAandDandimportgoodsB,C,andE.】2、【單選題】GiventhefollowingClassical-typetableshowsthenumberofdaysoflaborinputrequiredtoobtainoneunitofoutputofeachofthethreecommoditiesineachofthetwocountries:SupposethatthewagerateintheUnitedKingdomis£30perday,thewagerateintheUnitedStatesis£40perday.Inthissituation,theUnitedKingdomwill___________.本題答案:【exportgoodsTandXandimportgoodY.】3、【判斷題】Intherealworld,acountry’scomparativeadvantagecanchangeovertime.本題答案:【正確】02ClassicalTradeTheory1、【單選題】IntheMercantilistviewofinternationaltrade(inatwo-countryworld),___________.本題答案:【onecountry’sgainfromtradewasassociatedwithalossfortheothercountry.】2、【單選題】Intheprice-specie-flowdoctrine,adeficitcountrywill__________gold,andthisgoldflowwillultimatelyleadto__________inthedeficitcountry’sexports.本題答案:【lose;anincrease】3、【單選題】WhichofthefollowingpolicieswouldNOTbeconsistentwiththeMercantilistbalance-of-tradedoctrine?本題答案:【paymentofhighwagestolabor】4、【單選題】ReferringtothefollowingTable,theopportunitycostofoneVCRinJapanis:Table:OutputpossibilitiesforSouthKoreaandJapanOutputperworkerperdayCountryTonsofsteelVCRsSouthKorea8040Japan2020本題答案:【1tonofsteel】5、【單選題】Refertothefollowingtable,accordingtotheprincipleofabsoluteadvantage,Japanshould:Table:OutputpossibilitiesforSouthKoreaandJapanOutputperworkerperdayCountryTonsofsteelVCRsSouthKorea8040Japan2020本題答案:【Noneoftheabove;thereisnobasisforgainfultrade】6、【單選題】Refertothefollowingtable,accordingtotheprincipleofcomparativeadvantage,Table:OutputpossibilitiesforSouthKoreaandJapanOutputperworkerperdayCountryTonsofsteelVCRsSouthKorea8040Japan2020本題答案:【SouthKoreashouldexportsteel】7、【單選題】TheRicardianmodeldemonstratesthat本題答案:【tradebetweentwocountriesmaybenefitbothifeachexportstheproductinwhichithasacomparativeadvantage.】8、【單選題】IntheRicardianmodel,comparativeadvantageislikelytobedueto_____.本題答案:【laborproductivitydifferences.】9、【單選題】Giventheinformationinthefollowingtable,Foreign'sopportunitycostofwidgetsis_____.本題答案:【0.5】10、【單選題】Inatwo-product,two-countryworld,internationaltradecanleadtoincreasesin_________.本題答案:【outputofbothproductsandconsumerwelfareinbothcountries.】11、【單選題】Tradebetweentwocountriescanbenefitbothcountriesif本題答案:【eachcountryexportsthatgoodinwhichithasacomparativeadvantage.】12、【單選題】Acountryengagingintradeaccordingtotheprinciplesofcomparativeadvantagegainsfromtradebecauseit________.本題答案:【isproducingimportsindirectlymoreefficientlythanitcoulddomestically.】13、【單選題】Theearlieststatementoftheprincipleofcomparativeadvantageisassociatedwith本題答案:【DavidRicardo.】14、【單選題】TheRicardianmodelattributesthegainsfromtradeassociatedwiththeprincipleofcomparativeadvantageresultto_________.本題答案:【differencesinlaborproductivity.】15、【單選題】IntheRicardianmodel,comparativeadvantageislikelytobedueto________.本題答案:【laborproductivitydifferences.】Exercise3.1SpecificFactorsModel(1)1、【單選題】Inthespecificfactorsmodel,a5%increaseinthepriceoffoodaccompaniedbya0%increaseinthepriceofclothwillcausewagesto________,theproductionofclothto________,andtheproductionoffoodto________.本題答案:【increasebylessthan5%;decrease;increase】2、【單選題】Inthespecificfactorsmodel,whichofthefollowingwillincreasethequantityoflaborusedinfoodproduction?本題答案:【anincreaseinthepriceoffoodrelativetothatofcloth】3、【單選題】Inthespecificfactorsmodel,a5%increaseinthepriceoffoodaccompaniedbya5%increaseinthepriceofclothwillcausewagesto________,theproductionofclothto________,andtheproductionoffoodto________.本題答案:【increaseby5%;remainunchanged;remainunchanged】Exercise3.2SpecificFactorsModel(2)1、【單選題】Inthespecificfactorsmodel,theeffectsoftradeonwelfareare________formobilefactors,________forfixedfactorsusedtoproducetheexportedgood,and________forfixedfactorsusedtoproducetheimportedgood.本題答案:【ambiguous;positive;negative】2、【單選題】Inthespecificfactorsmodel,theeffectsoftradeonwelfareoverallare________andforfixedfactorsusedtoproducetheexportedgoodtheyare________.本題答案:【positive;positive】3、【單選題】Theoverallwelfareeffectsoftradeare________if________.本題答案:【positive;thosewhogaincancompensatethosewholoseandstillbebetteroff】Exercise3.3Heckscher-OhlinModel(1)1、【單選題】TheHeckscher-OhlinmodeldiffersfromtheRicardianmodelofComparativeAdvantageinthattheformer_________.本題答案:【hastwofactorsofproduction.】2、【單選題】Inthe2-factor,2-goodHeckscher-Ohlinmodel,aninfluxofworkersfromacrosstheborderwould________.本題答案:【shifttheproductionpossibilitycurveoutwardanddecreasetheproductionofthecapital-intensiveproduct.】3、【單選題】Inthe2-factor,2-goodHeckscher-Ohlinmodel,thecountrywitharelativeabundanceof________willhaveaproductionpossibilityfrontierthatisbiasedtowardproductionofthe________good.本題答案:【labor;laborintensive】Exercise3.4Heckscher-OhlinModel(2)1、【單選題】Inthe2-factor,2-goodHeckscher-Ohlinmodel,tradewill________theownersofacountry's________factorandwill________thegoodthatusesthatfactorintensively.本題答案:【benefit;abundant;export】2、【單選題】Assumethatonlytwocountries,AandB,exist.本題答案:【countryBwillexportgoodS.】3、【單選題】Supposethattherearetwofactors,capitalandland,andthattheUnitedStatesisrelativelylandendowedwhiletheEuropeanUnionisrelativelycapital-endowed.AccordingtotheHeckscher-Ohlinmodel,_______.本題答案:【EuropeancapitalistsshouldsupportU.S.-Europeanfreetrade.】Exercise3.5Factor-PriceEqualization1、【單選題】IfAustraliahasmorelandperworker,andBelgiumhasmorecapitalperworker,theniftradebeganbetweenthesetwocountries,__________.本題答案:【therealincomeoflandownersinBelgiumwoulddecline.】2、【單選題】TheHeckscher-OhlinmodelpredictsallofthefollowingEXCEPT___________.本題答案:【thevolumeoftrade.】3、【單選題】IfJapanisrelativelycapitalrichandtheUnitedStatesisrelativelylandrich,andiffoodisrelativelylandintensivethentradebetweenthesetwo,formerlyautarkiccountrieswillresultin____________.本題答案:【anincreaseintherelativepriceoffoodintheU.S.】Exercise3.6LeontiefParadox1、【單選題】TheLeontiefparadoxprovided:_______________.本題答案:【Evidenceagainstthefactorendowmentmodel】2、【單選題】WhichoneofthefollowingcouldNOTtheoreticallybeofferedtohelpinexplainingthe“Leontiefparadox?”本題答案:【arelativelystrongU.S.demandforrelativelylabor-intensivegoods】3、【單選題】Supposethat,inareal-worldsituation,alabor-abundantcountry’stariffsandnontariffbarriersareleviedrelativelymoreheavilyonlabor-intensivegoodsthanoncapital-intensivegoods.Inthissituation,aLeontieftwo-factortestwould,otherthingsequal,be__________thecountry’sadherencetotheHeckscher-Ohlintradepattern,incomparisonwithasituationwheretradebarrierswereabsent.本題答案:【biasedtowardconfirming】03NeoclassicaltradeTheory1、【單選題】Inthespecificfactorsmodel,a5%increaseinthepriceoffoodaccompaniedbya1%increaseinthepriceofclothwillcause________inthewelfareoflabor,________inthewelfareofthefixedfactorintheproductionoffood,and________inthewelfareofthefixedfactorintheproductionofcloth.本題答案:【anambiguouschange;anincrease;adecrease】2、【單選題】Theslopeofacountry'sproductionpossibilityfrontierwithclothmeasuredonthehorizontalandfoodmeasuredontheverticalaxisinthespecificfactorsmodelisequalto________andit________asmoreclothisproduced.本題答案:【-MPLF/MPLC;becomessteeper】3、【單選題】Underperfectcompetition,theequilibriumpriceoflaborusedtoproduceclothwillbeequalto________.本題答案:【themarginalproductoflaborintheproductionofclothtimesthepriceofcloth.】4、【單選題】AccordingtotheHeckscher-Ohlinmodel,thesourceofcomparativeadvantageisacountry's______.本題答案:【factorendowments.】5、【單選題】AccordingtotheHeckscher-Ohlinmodel________.本題答案:【thegainersfromtradecouldcompensatethelosersandstillretaingains.】6、【單選題】Ifagoodislaborintensiveitmeansthatthegoodisproduced____________.本題答案:【usingrelativelymorelaborthangoodsthatarenotlaborintensive.】7、【單選題】IntheHeckscher-Ohlinmodel,whenthereisinternational-tradeequilibrium___________.本題答案:【therelativepriceofthecapital-intensivegoodinthecapital-richcountrywillbethesameasthatinthecapital-poorcountry.】8、【單選題】Factorstendtobespecifictocertainusesandproducts本題答案:【intheshortrun.】9、【單選題】EmpiricalobservationsonactualNorth-Southtradepatternstendto本題答案:【supportthevalidityoftheHeckscher-Ohlinmodel.】10、【單選題】Accordingtothefactorendowmentmodel,countriesheavilyendowedwithlandwill:__________.本題答案:【Exportproductsthatareland-intensive】11、【單選題】TheRicardianmodelofinternationaltradedemonstratesthattradecanbemutuallybeneficial.Why,then,dogovernmentsrestrictimportsofsomegoods?本題答案:【Tradecanhavesubstantialeffectsonacountry'sdistributionofincome.】12、【單選題】Internationaltradecanhaveimportanteffectsonthedistributionofincomebecause________.本題答案:【someresourcesareimmobileintheshortrun.】13、【單選題】TheRicardianmodelofinternationaltradedemonstratesthattradecanbemutuallybeneficial.Why,then,dogovernmentsrestrictimportsofsomegoods?本題答案:【Tradecanhavesignificantharmfuleffectsonsomesegmentsofacountry'seconomy.】14、【單選題】Internationaltradecanhaveimportanteffectsonthedistributionofincomebecause________.本題答案:【differentindustriesemploydifferentfactorsofproduction.】15、【單選題】Inthespecificfactorsmodel,laborisdefinedasa(an)_____.本題答案:【mobilefactor.】Exercise4.1AStandardTradeModel(1)1、【單選題】Acountrycannotproduceamixofproductswithahighervaluethanwhere本題答案:【theisovaluelineistangenttotheproductionpossibilityfrontier.】2、【單選題】Tastesofindividualsarerepresentedby本題答案:【indifferencecurves.】Exercise4.2AStandardTradeModel(2)1、【單選題】IfpointsAandBaretwolocationsonacountry'sproductionpossibilityfrontier,then本題答案:【thecountrycouldproduceeitherofthetwobundles.】2、【單選題】AcountrywillbeabletoconsumeacombinationofgoodsthatisNOTattainablesolelyfromdomesticproductionif本題答案:【theworldtermsoftradedifferfromitsdomesticrelativecosts.】Exercise4.3TheEffectsofEconomicGrowth1、【單選題】Iftheeconomyisproducingatpointaonitsproductionpossibilityfrontier,then本題答案:【allofthecountry'sworkersareemployed.】2、【單選題】Supposethatacountryexperiencesgrowthstronglybiasedtowarditsexport,cloth,本題答案:【thiswilltendtoworsenthecountry'stermsoftrade.】Exercise4.41、【單選題】Animporttariffwillcausetherelativedemandfor________to________andtherelativesupplyfor________to________.本題答案:【imports;decrease;imports;increase】2、【單選題】Anexportsubsidywillcausetherelativedemandfor________to________andtherelativesupplyfor________to________.本題答案:【exports;decrease;exports;increase】04TheStandardTradeModel1、【單選題】Themeaningoftermsoftradeis本題答案:【thepriceofacountry'sexportsdividedbythepriceofitsimports.】2、【單選題】Iftheratioofpriceofcloth(PC)dividedbythepriceoffood(PF)increasesintheinternationalmarketplace,then本題答案:【thetermsoftradeofclothexporterswillimprove.】3、【單選題】Refertothefigurebelow,whichshowsacountry'spossibleproductionpossibilityfrontiersandindifferencecurves.Ifthecountryisproducingat________,thenmovingto________willcauseutilityto________.本題答案:【pointb;pointc;remainunchanged】4、【單選題】4)Refertothefigurebelow,whichshowsacountry'spossibleproductionpossibilityfrontiersandindifferencecurves.Ifthecountryisproducingat________,thenmovingto________willcauseutilityto________.本題答案:【pointc;pointb;remainunchanged】5、【單選題】Refertothefigurebelow,whichshowsacountry'spossibleproductionpossibilityfrontiersandindifferencecurves.Ifthecountryisproducingat________,thenmovingto________willcauseutilityto________.本題答案:【pointb;pointa;increase】6、【單選題】Anincreaseinacountry'snetcommoditytermsoftradewill本題答案:【notalwaysguaranteepositivechangesinthecountry'seconomy.】7、【單選題】Animporttariffwillcausethetermsoftradeofthe________countryto________andwill________thecountry.本題答案:【importing;improve;benefit】8、【單選題】Anexportsubsidywillcausethetermsoftradeofthe________countryto________andwill________thecountry.本題答案:【exporting;suffer;harm】9、【單選題】IfSloveniawerealargecountryinworldtrade,thenifitimposesalargesetoftariffsonitsimports,thismust本題答案:【decreasetheinternalpriceofimportsbelowtheworldmarketrate.】10、【單選題】IfSloveniawerealargecountryinworldtrade,thenifitinstitutedalargesetofsubsidiesforitsexports,thismust本題答案:【harmitstermsoftrade.】11、【單選題】Iftheratioofpriceofcloth(PC)dividedbythepriceoffood(PF)increasesintheinternationalmarketplace,then本題答案:【theclothexporterwillincreasethequantityofclothproduced.】12、【單選題】Anincreaseinacountry'snetcommoditytermsoftradewill本題答案:【notalwaysguaranteepositivechangesinthecountry'seconomy.】13、【單選題】IfSloveniaisalargecountryinworldtrade,thenifitimposesalargesetoftariffsonmanyofitsimports,thiswould本題答案:【improveitstermsoftrade.】14、【單選題】IfSloveniawerealargecountryinworldtrade,thenifitinstitutedalargesetofsubsidiesforitsexports,thismust本題答案:【improvetherealincomeofitstradepartners.】15、【單選題】Ifasmallcountryweretolevyatariffonitsimportsthenthiswould本題答案:【decreasethecountry'seconomicwelfare.】Exercise5.1ExternalEconomiesofScaleandTrade1、【單選題】Externaleconomiesmayexistforafewreasons,excluding________.本題答案:【Comparativeadvantage】2、【判斷題】Itisacaseofinternaleconomiesofscale:AllairframesforAirbus,Europe’sonlyproduceroflargeaircraft,areassembledinToulouse.本題答案:【正確】Exercise5.2IntroductionandImperfectCompetition1、【判斷題】Internaleconomiesofscaleimpliesthatsmallfirmshaveacostadvantageoverlargefirms,causingtheindustrytobecomeuncompetitive.本題答案:【錯誤】2、【判斷題】Monopolisticcompetitionisasimplemodelofanimperfectlycompetitiveindustrythatassumesthateachfirmcandifferentiateitsproductfromtheproductofcompetitors,andtakesthepriceschargedbyitsrivalsasgive.本題答案:【正確】Exercise5.3ReviewofMonopolisticCompetitionEquilibrium1、【判斷題】Inmonopolisticcompetition,asthenumberoffirmsnintheindustryincreases,thepricethateachfirmchargesdecreasesbecauseofincreasedcompetition.本題答案:【正確】2、【判斷題】InmonopolisticcompetitionTheequilibriumpriceandnumberoffirmsoccurswhenpriceequalsaveragecost.本題答案:【正確】Exercise5.4NewTradeTheory(1)1、【多選題】Inmonopolisticcompetitionmodel,welfarebenefitsfromintra-industrytradeincludes_________.本題答案:【agreatervariety#alowerprice】2、【判斷題】Productdifferentiationandinternaleconomiesofscaleleadtotradebetweensimilarcountrieswithnocomparativeadvantagedifferencesbetweenthem.本題答案:【正確】Exercise5.5NewTradeTheory(2)1、【判斷題】Aftertrade,thebetter-performingfirmsexpandandtheworse-performingonescontractorexit,andthusoverallindustryperformanceimproves.本題答案:【正確】2、【判斷題】Theimpactoftradeonfirmsinmonopolisticcompetitionishomogenousbetweenlow-costfirmsandhigh-costfirms.本題答案:【錯誤】Exercise5.6NewNewTradeTheory1、【判斷題】Amajorreasonwhyonlyasubsetoffirmsexportisthattradecostsdrasticallyreducethenumberoffirmssellingtocustomersacrosstheborder.本題答案:【正確】2、【判斷題】Exportingfirmsarebiggerandmoreproductivethanfirmsinthesameindustrythatdonotexport.本題答案:【正確】Exercise5.7MultinationalsandOutsourcing1、【判斷題】Ifaforeigncompanyinvestsinatleast10%ofthestockinasubsidiary,thetwofirmsaretypicallyclassifiedasamultinationalcorporation.本題答案:【正確】2、【判斷題】HorizontalFDIismainlydrivenbyproductioncostdifferencesbetweencountries(forthosepartsoftheproductionprocessthatcanbeperformedinanotherlocation).本題答案:【錯誤】05NewTradeTheoryandFrontierofTradeTheory1、【單選題】Ifafirm'soutputlessthandoubleswhenallinputsaredoubled,productionissaidtooccurunderconditionsof本題答案:【decreasingreturnstoscale.】2、【單選題】Theexistenceofexternaleconomiesofscale_______.本題答案:【maybeassociatedwithaperfectlycompetitiveindustry.】3、【單選題】Theprimarydeterminantofpatternsofinterregionaltradeis______.本題答案:【accidentsofhistory.】4、【單選題】Whenacountrybothexportsandimportsatypeofcommodity,thecountryisengagedin_______.本題答案:【intra-industrytrade.】5、【單選題】Firmsthatproduce________productsmustbe________competitive.本題答案:【differentiated;imperfectly】6、【單選題】Ifthemarketforproductsproducedbyfirmsinamonopolisticallycompetitiveindustrybecomes________,thentherewillbe________firmsandeachfirmwillproduce________outputandchargea________price.本題答案:【larger;more;more;lower】7、【單選題】Amonopolyfirmengagedininternationaltradewill____________.本題答案:【equatemarginalcostswithmarginalrevenuesinbothdomesticandforeignmarkets.】8、【單選題】Anindustryischaracterizedbyscaleeconomies,andexistsintwocountries.Shouldthesetwocountriesengageintradesuchthatthecombinedmarketissuppliedbyonecountry'sindustry,then_______.本題答案:【consumersinbothcountrieswouldhavemorevarietiesandlowerprices.】9、【單選題】Aproductisproducedinamonopolisticallycompetitiveindustrywithscaleeconomies.Ifthisindustryexistsintwocountries,andthesetwocountriesengageintradewitheachother,thenwewouldexpect___________.本題答案:【eachcountrywillexportdifferentvarietiesoftheproducttotheother.】10、【單選題】Intra-industrytradewilltendtodominatetradeflowswhenwhichofthefollowingexists?本題答案:【smalldifferencesbetweenrelativecountryfactoravailabilities】11、【單選題】Inthemodelofmonopolisticcompetition,iffirmshave________averagecostcurves,thenopeningtradewill________thetotalnumberoffirmsand________theaverageprice.本題答案:【downwardsloping;decrease;decrease】12、【單選題】Inthemodelofmonopolisticcompetition,anincreaseinindustryoutputwillcauseindividualfirms'demandcurvestobecome________,whichwill________demandforhigher-pricedgoodsand________demandforlower-pricedgoods.本題答案:【flatter;reduce;increase】13、【單選題】Inthemodelofmonopolisticcompetition,tradecostsbetweencountriescause____________.本題答案:【marginalcostsofexportedgoodstoexceedthemarginalcostsofgoodssolddomestically.】14、【單選題】Whenamultinationalaffiliatereplicatesproductioninaforeigncountryitiscalled________foreigndirectinvestment.本題答案:【horizontal】15、【單選題】Afirm'sforeigndirectinvestment.decisionsare,inthecaseofhorizontalFDI,stronglyinfluencedby________and,inthecaseofverticalFDI,stronglyinfluencedby________.本題答案:【tradecosts;productioncosts】Exercise6.1Infant-IndustryProtectionTheory1、【單選題】Aproblemencounteredwhenimplementinganinfantindustrytariffisthat:本題答案:【Politicalpressuremaypreventthetariff'sremovalwhentheindustrymatures.】2、【單選題】Ofthemanyargumentsinfavoroftariffs,theonethathasenjoyedthemostsignificanteconomicjustificationhasbeenthe:本題答案:【Infantindustryargument.】Exercise6.2ForeignTradeMultiplierTheory1、【單選題】Themacroeconomicinterpretationofatradedeficitforacountryutilizeswhichoneofthefollowingexpressions(whereY=nationalincome,C=consumption,I=investment,G=governmentspendingongoodsandservices,X=exports,andM=imports)?本題答案:【Y-(C+I+G)=(X-M)】2、【判斷題】Keynesianismactivelyadvocatesstateinterventionintheeconomyandimplementationoftradeprotectionpolicies.本題答案:【正確】Exercise6.3StrategicTradeProtectionTheory1、【單選題】Giventhefollowing“payoffmatrix”fortwointerdependentfirmsinduopoly,wherethefigureinthelowerleftofeachboxshowsFirmH'sprofitandthefigureintheupperrightofeachboxshowsFirmF'sprofit:InthissituationFirmFwill__________.本題答案:【alwaysproduce】2、【單選題】Giventhefollowing“payoffmatrix”fortwo
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