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InternationalEconomics知到智慧樹期末考試答案題庫2024年秋安徽財經(jīng)大學Inanopeneconomy,ifthegovernment'smonetarypolicyremainsunchangedandonlytheexpansionaryfiscalpolicyisadopted,fromtheperspectiveofinternaldemand,theincreaseofgovernmentspendingwillleadto()
A:Totaldemandisthesame
B:Lessjobs
C:Reducedunemployment
D:Reductioninnationalincome
答案:ReducedunemploymentTraderestrictionsusuallybenefitalargemajorityofthe___________inthenationattheexpenseofasilentmajorityof_________________.()
A:producers,consumers
B:exporters,importers
C:importers,exporters
D:consumers,producers
答案:producers,consumersIngeneral,thereisawidevarietyofparticipantsinforeignexchangemarkets.Thefollowing,whicharenotmajorparticipantsinforeignexchangemarkets,are()
A:IndividualResidents
B:CentralBank
C:CommercialBank
D:ForeignTradeCompany
答案:IndividualResidentsSupposethatCanadahasdomesticfirmsthatcouldsupplyitsentiremarketforradiosatapriceof$50,whileU.S.firmscouldsupplyradiosat$40andMexicoat$30.SupposethatCanadainitiallyhasa50percenttariffonimportsofradiosandthenformsafreetradeareawiththeUnitedStates.Asaresult,Canadarealizes:()
A:Tradecreation,notradediversion,andoverallwelfaregains
B:Tradecreation,notradediversion,andoverallwelfarelosses
C:Tradediversion,notradecreation,andpotentialoverallwelfarelosses
D:Tradediversion,tradecreation,andpotentialoverallwelfaregains
答案:tradediversion,tradecreation,andpotentialoverallwelfaregainsAssumethecostoftransportingcomputersfromUStoJapanisgreaterthanthepre-tradepricedifferenceforcomputersbetweenUSandJapan.TradeincomputersbetweenUSandJapanwill:()
A:occur
B:beveryprofitableforbothparties
C:notoccur
D:beabreakevenpropositionforbothparties
答案:DEndogenousgrowththeory:()
A:Providesaconvincingargumentagainstinternationaltradeinthatthelackofasingleregulatoryentityresultsinthetradeofunsafeproductsfortheconsumer
B:Advocatesinternationalgrowthasawayforlargernationstoaccelerateslowedgrowthrelativetothatofdevelopingcountries
C:Isdisparagingofinternationaltradeforthenegativeeffectsexperiencedbylargernationsinvolved
D:Advocatesinternationaltradebecauseoftheresultingincreaseofeconomicgrowthanddevelopmentofparticipatingnations
答案:AdvocatesinternationaltradebecauseoftheresultingincreaseofeconomicgrowthanddevelopmentofparticipatingnationsTheexistenceoftwoormoreparityratesofonecurrencyagainstanotheriscalled()
A:Marketexchangerate
B:Buyingrate
C:aftertheexchangerate
D:Singleexchangerate
答案:aftertheexchangerateAccordingtoMundell'sdistributiveprinciple,whenacountryfacesbothinflationandbalance-of-paymentsdeficits,thegovernmentshouldadopt()
A:Expansionaryfiscalpolicyandexpansionarymonetarypolicy
B:Tighteningfiscalpolicyandtighteningmonetarypolicy
C:Expansivefiscalpolicyandtightmonetarypolicy
D:Tighterfiscalpolicyandexpansionarymonetarypolicy
答案:TighterfiscalpolicyandexpansionarymonetarypolicyWhichofthefollowingmakestheJ-curveeffectmorepronounced?()
A:Fastinformationtransfer
B:Theforeignimporterhasahighstock
C:Highelasticityofdemandintheshortrun
D:CompanyDcanrapidlyexpanditsproductioncapacity
答案:TheforeignimporterhasahighstockThecoreelementsofstrategictradepolicyare()
A:ExportSubsidies
B:Todevelopcompetitiveadvantagesindomesticindustriesthroughgovernmentintervention
C:Encourageenterprisestoactivelyparticipateininternationalcompetition
D:Anti-dumpingPolicy
答案:B:Todevelopcompetitiveadvantagesindomesticindustriesthroughgovernmentintervention.ThebalanceofpaymentstheorybasedonKeynes'snationalincomeequationis()
A:Theoryofelasticanalysis
B:Theoryofabsorptionanalysis
C:Monetaryanalysistheory
D:Structuralanalysistheory
答案:TheoryofabsorptionanalysisThereplacementofhighcostproductionprocesseswithlowercostimportsfromamembernation,asaresultoftheformationofaregionaltradearrangement,iscalled:()
A:economiesofscale
B:dynamictradeeffect
C:tradediversion
D:tradecreation
答案:tradecreationFunctionsofforeignexchangemarketsexcluding()
A:InternationalSettlement
B:Hedge
C:Deficitreduction
D:Foreignexchangespeculation
答案:DSupposethattheUnitedKingdomandItalyabolishalltariffsoneachother'sgoodsandallrestrictionsonmovementsoffactorsofproductionbetweenthem.Theyalsoimplementacommonprotectionistpolicytowardothercountries.Thisisanexampleofa(an):()
A:Free-tradearea
B:Economicunion
C:Commonmarket
D:Customsunion
答案:CommonmarketA____________________istheformofeconomicintegrationwhereinallbarriersareremovedontradeamongmembers,buteachnationretainsitsownbarrierstotradewithnonmembers.()
A:freetradearea
B:preferentialtradearrangements
C:customsunion
D:commonmarket
答案:freetradeareaTheredistributioneffectofanimporttariffisthetransferofincomefromthedomestic:()
A:Buyerstodomesticproducersofthegood
B:Governmenttothedomesticbuyers
C:Producerstodomesticbuyersofthegood
D:Buyerstothedomesticgovernment
答案:BuyerstodomesticproducersofthegoodGreecewillimport:()
A:1calculatorfromFrance
B:1calculatorfromGermany
C:3calculatorsfromGermany
D:3calculatorsfromFrance
答案:1calculatorfromGermanyIfthehomecountry'sgovernmentgrantsasubsidyonadomesticallyproducedgood,domesticproducerstendto:()
A:Reducewagespaidtodomesticworkers
B:Capturetheentiresubsidyintheformofhigherprofits
C:Increasetheirlevelofproduction
D:Considerthesubsidyasanincreaseinproductioncost
答案:IncreasetheirlevelofproductionAssumethatCountryAisrelativelyabundantincapitalandrelativelyscarceinland.Accordingtothefactorendowmenttheory,withfreetrade,theinternaldistributionofincomeinCountryAwillchangeinfavorof:()
A:land
B:neithercapitalnorland
C:capital
D:bothcapitalandland
答案:capitalAccordingtothenewtheoryofinternationaltrade,acountry'scompetitiveadvantagemainlydependson()
A:Advantageofproductionfactors
B:Technicaladvantages
C:Advantagesofeconomiesofscale
D:Resourceadvantages
答案:C:AdvantagesofeconomiesofscaleFreetraderspointoutthat:()
A:Thereisusuallyanefficiencylossfromhavingtariffs
B:Producerslosefromtariffsattheexpenseofthegovernment
C:Thereisusuallyanefficiencygainfromhavingtariffs
D:Producerslosefromtariffsattheexpenseofconsumers
答案:ThereisusuallyanefficiencylossfromhavingtariffsTheframeworkfortheexchangeofonenationalcurrencyforanotheris:()
A:theWorldTradeOrganization
B:thebondmarket
C:theforeignexchangemarket
D:thecentralbank
答案:theforeignexchangemarketWhichofthefollowingwouldcallforinpaymentstotheUnitedStates?()
A:GoldflowingoutoftheUnitedStates
B:AmericanfirmssellinginsurancetoBritishshippingcompanies
C:Americanunilateraltransferstoless-developedcountries
D:AmericanimportsofGermansteel
答案:AmericanfirmssellinginsurancetoBritishshippingcompaniesSupposethatMexicoandCanadaformafree-tradearea.MexicansthendecreaseautomanufacturingandincreaseimportsofautosfromCanada,whiletheCanadiansdecreasecomputerproductionandimportmorecomputersfromMexico.Thisisanexampleof:()
A:Tradediversion
B:Tradeexhaustion
C:Tradecreation
D:Tradedestruction
答案:TradecreationMexicoisrelativelyabundantinlabor,whileCanadaisrelativelyabundantincapital.Inbothnations,theproductionoftelevisionsisrelativelymorecapitalintensivethantheproductionofcorn.Accordingtothefactorendowmenttheory,Mexicowillhavea(n):()
A:comparativeadvantageintheproductionofcomputers
B:absoluteadvantageintheproductionofcornandcomputers
C:comparativeadvantageintheproductionofcorn
D:absoluteadvantageintheproductionofcorn
答案:comparativeadvantageintheproductionofcornTheelasticanalysisofthebalanceofpaymentsisageneralequilibriumanalysis.()
A:錯B:對
答案:錯Internationaltradeoccurswhenmanufacturersineachcountrypursuearepresentativedemandfortheircountry.()
A:對B:錯
答案:錯Tradecreationandtradediversionrefertotheshortrun(static)effectsofeconomicintegrationwhileeconomiesofscale,stimulustoinvestment,andeffectsoncompetitionrefertothelongrun(dynamic)effects.()
A:錯B:對
答案:對Factorpriceequalizationwillequalizethefactorintensityofthesameproductproducedinthetwocountries.()
A:錯B:對
答案:對Laborunionsindevelopednationsareusuallyagainsttraderestrictionsbecauseitimpedestheirabilitytoacquireskilledworkersthatcanassistinacquiringadditionalbenefitsandwageincreases.()
A:錯B:對
答案:A:錯Riskdiversificationcanexplaintwo-wayinternationalportfolioinvestments.()
A:錯B:對
答案:對Internationaltradeandspecializationincomparativeadvantagegoodsleadstojoblossesindomesticcomparativeadvantageindustriesandjobgainsinindustrieswithacomparativedisadvantage.()
A:錯B:對
答案:錯InPPPtheory,absolutePPPisusedtopredictrealexchangerates.()
A:錯B:對
答案:錯Policyinstrumentsthatcanaffectinternationalcompetitivenessareknownasspending-changepolicies.()
A:錯B:對
答案:錯nvestmentsinsecuritieswithyieldsthatareinverselycorrelatedisknownasPortfoliotheory.()
A:對B:錯
答案:錯Forcartelproducts,oncesubstitutesareproduced,itisverydifficultforcarteltocontrolthepriceevenifthedemandelasticityofcartelproductsisverylow.()
A:對B:錯
答案:B:錯ThepoundsterlingwasthecommoncurrencyadoptedamajorityofthemembernationsintheEU.()
A:錯B:對
答案:A:錯Mundellcreativelyputforwardthetheoreticalmodelof"twogoalsandtwotools".()
A:對B:錯
答案:錯Ifanation’stermsoftradeincreasesfrom?to1,andconsumptionincreasesfromalowerindifferencecurvetoahigherone,thisnationisexperiencingimmiserizinggrowth.()
A:錯B:對
答案:錯Undertheconditionofconstantopportunitycost,thereisincompletedivisionoflaborinthetwocountries'production.()
A:錯B:對
答案:錯Theimpactofinternationaltradeontheincreaseintheincomeofcommonfactorsofproductionisdefiniteandisindependentofthemagnitudeofthechangeinthepricesofimportedandexportedcommodities.()
A:對B:錯
答案:錯Intherealworld,areasonfactor-priceequalizationoflabordoesnotcompletelyholdtrueisthatitisunrealistictoassumethattherearenotraderestrictions.()
A:錯B:對
答案:對Freetradereducesthelevelofincomeof
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