國際經濟學模擬試題英文含答案

1、國際經濟學模擬習題（3）一、TrueorFalse(10*1=10)1 .?Tradeisazero-sumactivity;ifonecountrygains,theothermustlose.2 .?Anationmaximizessatisfactionbyreachingthehighestpossibleindifferencecurve,andintheabsenceoftradewillproducewhereitsproductionpossibilitiesscheduleistangenttoanindifferencecurve.3 .?Thefactorendowmen

2、tsmodelpredictsthatinternationaltradewilltendtoequalizethepricesoftrade-ablegoodsamongnations,buttoincreasethewagegapbetweencapital-abundantandlabor-abundantnations.4 .?Ataxof10percentonimportsofshoeswouldbeanexampleofaspecifictariff.5 .Animportquotawillnotraisethedomesticpriceoftheproductaswouldata

3、riff,becauseitisnotataxonimports.6 .?Inbalance-of-paymentsaccount,atransactionresultinginreceiptofapaymentisrecordedasacredit,whereasatransactionresultinginapaymenttoothernationsisrecordedasadebit.7 .?Becausetheydonotincludeanexchangeofgoodsorservices,unilateraltransfersdonotappearonanationsbalanceo

4、fpaymentsaccount.8 .DavidHumewasoneofthefirsteconomiststoprovideanalyticalsupportformercantilisttradepolicies.9 .Anationwouldbemostlikelytofinditstradebalanceimprovingafteracurrencydepreciationifthatnationsdemandforimportsandforeigndemandforitsexportswasveryinelastic.10 .?Anationwithneitherabalanceo

5、fpaymentssurplusnorabalanceofpaymentsdeficitissaidtobeininternalbalance.二、choices(15*3=45)1 .?Thelawofcomparativeadvantagea) .wasratifiedbytheWorldTradeOrganizationb) .explainshowallcountriescanbenefitwheneachspecializesinproducingitemsinwhichithasthegreatestrelativeefficiencyc) .explainshowonlythem

6、ostefficientnationscanbenefitfromtraded) .isusedtoevaluateacountrysmilitarystrength2 .?Thetheoryofabsoluteadvantagewasdevelopedbya. theMercantilistsb. DavidHumec. AdamSmithd. DavidRicardo3 .?DavidRicardodevelopedtheprincipleofcomparativeadvantageshowingthata. anationmustbetheleast-costproducerofagoo

7、dinordertoexportthatitemb. nonationcouldhaveanabsoluteadvantageinallgoodsc. inatwo-countryexample,onlyonenationcanhaveacomparativeadvantaged. evenanationthathaslowerproductivityinallgoodscanbenefitbyexportingtheiteminwhichitisrelativelylessinefficient4 .?Anindifferencecurvea. showsthatmostpeoplereal

8、lyareindifferentaboutinternationaltradeb. showsthedemandpreferencesofconsumersc. reflectstherelativecostsofproductionwithinanationd. indicateshowmuchlaboracountryhas5 .?Tomaximizeitssatisfaction,anationwillensurethatitsterms-of-tradelinea. istangenttoitsproductionpossibilitiesfrontieratonepoint(prod

9、uctionpoint)andalsotothehighestattainableindifferencecurveatanotherpoint(consumptionpoint)b. istangenttoitsproductionpossibilitiesfrontierandintersectsanindifferencecurvec. intersectsitsproductionpossibilitiesfrontierandistangenttoanindifferencecurved. intersectsitsproductionpossibilitiesfrontierato

10、nepointandanindifferencecurveatanotherpoint6 .?Factor-priceequalizationpredictsthatwithinternationaltradea. thepriceofanationsabundantfactorwillriseandthatofitsscarcefactorwillfallb. thepriceofanationsabundantfactorwillfallandthatofitsscarcefactorwillrisec. thepricesofanationsabundantnadscarcefactor

11、sbothwillrised. thepricesofanationsabundantandscarcefactorsbothwillfall7 .?Theeffectiverateofprotectiona. distinguishesbetweentariffsthatareeffectiveandthosethatareineffectiveb. istheminimumlevelatwhichatariffbecomeseffectiveinlimitingimportsc. showstheincreaseinvalue-addedfordomesticproductionthata

12、particulartariffstructuremakespossible,inpercentagetermswnd. showshoweffectiveatariffisinraisingrevenue8 .?Theinstitutionalframeworkdevelopedin1947topromotetradeliberalizationisknoasa. theGATTb. theWTOc. theIMFd. TheWorldBank9 .?Developingnationsa. haveverylimitedinvolvementininternationaltradeb. tr

13、ademostlywitheachotherc. relyheavilyonexportsofprimaryproductstoindustrialnationsd. relyheavilyonexportsofmanufacturedproducts10 .?Acustomsunionisuniqueinthatita. hasnotariffsontradeamongmembernationsb. hasnotariffsontradeamongmembernationsandacommonsetoftariffsonimportsfromnon-membersc. hasnotariff

14、sontradeamongmembernations,acommonsetoftariffsonimportsfromnon-members,andfreemobilityoffactorsofproductionsuchaslaborandcapitalamongmembersd. allowsunrestrictedlaborimmigrationfromnon-membernations11 .?Anationsbalanceofpaymentsstatementa. isarecordofthatnationsassetsabroadanditsliabilitiestothosefr

15、omothernationsts will be equal tob. isanaccountingadjustmentprocessensuringthatanationsexporitsimportsc.doesnotincludetransactionsofforeigncitizensorcompanieslivingoroperatingwithinthatnationd.isarecordoftheeconomictransactionsbetweenresidentsofthatnationandtherestoftheworld,usuallyforaperiodofoneye

16、ar.12 .?Sincebalance-of-paymentsaccountingisadouble-entryaccountingsystem,anexportofU.S.wheattoMexicopaidforbyadeposittotheU.S.exportersaccountinaMexicanbankwouldberecordedontheU.S.balanceofpaymentsasa. acreditformerchandiseexportsandacredittoshort-termfinancialflowsb. acreditformerchandiseexportsan

17、dadebittoshort-termfinancialflows.c. acreditformerchandiseexportsandadebittounilateraltransfersd.acreditformerchandiseexportsandadebittoofficialsettlements13 .?Theforeign-exchangemarketa. islocatedinNewYorkb. isamarketinChicagofortheinternationaltradingofcommoditiessuchaswheatorcopper.c. isamechanis

18、mforindividualsandinstitutionstoexchangeonenationalorregionalcurrencyordebtinstrumentforthoseofothernationsorregions.d. isopenfrom9:00a.m.to3:00p.m.NewYorktime,MondaythroughFriday.14 .?Marketfundamentalsthatmightbeexpectedtoinfluenceexchangeratemovementsincludeallofthefollowingfactorsexcepta.differe

19、ncesinrealincomegrowthratesbetweencountriesb.differencesinrealinterestratesbetweencountriesc.speculativeopinionaboutfutureexchangeratesd.changesinperceivedprofitabilityofeconomicinvestmentsbetweentwocountries15.?IfinflationishigherinMexicothanintheUnitedStates,thelawofonepricewouldpredictthata. trad

20、ebetweenMexicoandtheUnitedStateswoulddeclineb. thedollarpriceofautospurchasedinMexicowouldbehigherthanthedollarpriceofcomparableautospurchasedintheUnitedStatesc. thepesowouldappreciaterelativetothedollarbyanamountequalinpercentagetermstothedifferencebetweenthetwoinflationratesd. thepesowoulddeprecia

21、terelativetothedollarbyanamountequalinpercentagetermstothedifferencebetweenthetwoinflationrates三、Questions(45,answerthesequestionsinChinese)1. Assumethatlaboristheonlyfactorusedinproduction,andthatthecostsofproducingbutterandclotharegivenbythetablebelow.(8)Costinlabor-hourstoproduceHomeForeign1unito

22、fbutter1/811unitofcloth1/41/2ExpressthepriceofbutterrelativetothepriceofclothintermsoflaborcontentforHomeandForeignintheabsenceoftrade.(2) Whatdotheserelativepricesrevealabouteachcountryscomparativeadvantage?(3) Whatdotheserelativepricessuggestabouttheworldpriceofbutterrelativetocloththatwillexiston

23、cethesecountriestradewitheachother?(4) Iftheworldpricestabilizesat1withtrade,whatarethegainsbytheHomecountryachievedthroughtradewiththeForeigncountry?2. Explaintheimmiserizinggrowthandlistthecaseforimmiserizinggrowthtobeoccur.（8）3. Explaintheexchangerateovershootingtheory（8）4. Supposethatthenominali

24、nterestrateon3-monthTreasurybillsis8percentintheUnitedStatesand6percentintheUnitedKingdom,andtherateofinflationis10percentintheUnitedStatesand4percentintheUnitedKingdom.（9）（1） Whatistherealinterestrateineachnation?（2） Inwhichdirectionwouldinternationalinvestmentflowinresponsetotheserealinterestrates

25、?（3） Whatimpactwouldtheseinvestmentflowshaveonthedollarsexchangevalue?5.Whateffectsdoeslabormigrationhaveonthecountryofimmigration?Thecountryofemigration?Theworldasawhole?（12）國際經濟學模擬習題（3）參考答案一、判斷題（每題i分，共io分）xvaxxvaxxx二、選擇題（每題3分，共45分）bcdbaacacbdbccd三、簡答題（共45分）1、 （1）封閉條件下，本國可以用一半的生產一單位布的勞動時間生產一單位黃油。這表示，在封閉條件下，本國黃油與布的相對價格是1/2，外國黃油與布的相對價格是2。（2分）（2）根據上面的相對價格，表明本國生產黃油有比較優(yōu)勢，外國的比較優(yōu)勢是生產布。（2分）（3）如果兩國發(fā)生國際貿易，國際比價應該落在封閉條件下本國和外國國內相對價格之間。（2分）（4）如果世界市場