国际经济学英文题库最全版附答案

【国际经济学】英文题库

Chapter 1: Introduction

Multiple-Choice Questions

1. Which of the following products are not produced at all in the United States?

*A. Coffee, tea, cocoa

B. steel, copper, aluminum

C. petroleum, coal, natural gas

D. typewriters, computers, airplanes

2. International trade is most important to the standard of living of:

A. the United States

*B. Switzerland

C. Germany

D. England

3. Over time, the economic interdependence of nations has:

*A. grown

B. diminished

C. remained unchanged

D. cannot say

4. A rough measure of the degree of economic interdependence of a nation is given by:

A. the size of the nations' population

B. the percentage of its population to its GDP

*C. the percentage of a nation's imports and exports to its GDP

D. all of the above

5. Economic interdependence is greater for:

*A. small nations

B. large nations

C. developed nations

D. developing nations

6. The gravity model of international trade predicts that trade between two nations is larger

A. the larger the two nations

B. the closer the nations

C. the more open are the two nations

*D. all of the above

7. International economics deals with:

A. the flow of goods, services, and payments among nations

B. policies directed at regulating the flow of goods, services, and payments

C. the effects of policies on the welfare of the nation

*D. all of the above

8. International trade theory refers to:

*A. the microeconomic aspects of international trade

B. the macroeconomic aspects of international trade

C. open economy macroeconomics or international finance

D. all of the above

9. Which of the following is not the subject matter of international finance?

A. foreign exchange markets

B. the balance of payments

*C. the basis and the gains from trade

D. policies to adjust balance of payments disequilibria

10. Economic theory:

A. seeks to explain economic events

B. seeks to predict economic events

C. abstracts from the many detail that surrounds an economic event

*D. all of the above

11. Which of the following is not an assumption generally made in the study of inte rnational economics?

A. two nations

B. two commodities

*C. perfect international mobility of factors

D. two factors of production

12. In the study of international economics:

A. international trade policies are examined before the bases for trade

B. adjustment policies are discussed before the balance of payments

C. the case of many nations is discussed before the two-nations case

*D. none of the above

13. International trade is similar to interregional trade in that both must overcome:

*A. distance and space

B. trade restrictions

C. differences in currencies

D. differences in monetary systems

14. The opening or expansion of international trade usually affects all members of so ciety:

A. positively

B. negatively

*C. most positively but some negatively

D. most negatively but some positively

15. An increase in the dollar price of a foreign currency usually:

A. benefit U.S. importers

*B. benefits U.S. exporters

C. benefit both U.S. importers and U.S. exporters

D. harms both U.S. importers and U.S. exporters

16. Which of the following statements with regard to international economics is tru

e?

A. It is a relatively new field

*B. it is a relatively old field

C. most of its contributors were not economists

D. none of the above

思考题：

1.为什么学习国际经济学非常重要？

2.列举体现当前国际经济学问题的一些重要事件，它们为什么重要？

3.当今世界面临的最重要的经济问题是什么？全球化的利弊各是什么？

Chapter 2: The Law of Comparative Advantage

Multiple-Choice Questions

1. The Mercantilists did not advocate:

*A.free trade

B. stimulating the nation's exports

C. restricting the nations' imports

D. the accumulation of gold by the nation

2. According to Adam Smith, international trade was based on:

*A. absolute advantage

B. comparative advantage

C. both absolute and comparative advantage

D. neither absolute nor comparative advantage

3. What proportion of international trade is based on absolute advantage?

A. All

B. most

*C. some

D. none

4. The commodity in which the nation has the smallest absolute disadvantage is the commodity of its:

A. absolute disadvantage

B. absolute advantage

C. comparative disadvantage

*D. comparative advantage

5. If in a two-nation (A and B), two-commodity (X and Y) world, it is established t hat nation A has a comparative advantage in commodity X, then nation B must hav e:

A. an absolute advantage in commodity Y

B. an absolute disadvantage in commodity Y

C. a comparative disadvantage in commodity Y

*D. a comparative advantage in commodity Y

6. If with one hour of labor time nation A can produce either 3X or 3Y while nati on B can produce either 1X or 3Y (and labor is the only input):

A. nation A has a comparative disadvantage in commodity X

B. nation B has a comparative disadvantage in commodity Y

*C. nation A has a comparative advantage in commodity X

D. nation A has a comparative advantage in neither commodity

7. With reference to the statement in Question 6:

A. Px/Py=1 in nation A

B. Px/Py=3 in nation B

C. Py/Px=1/3 in nation B

*D. all of the above

8. With reference to the statement in Question 6, if 3X is exchanged for 3Y:

A. nation A gains 2X

*B. nation B gains 6Y

C. nation A gains 3Y

D. nation B gains 3Y

9. With reference to the statement of Question 6, the range of mutually beneficial tr ade between nation A and B is:

A. 3Y < 3X < 5Y

B. 5Y < 3X < 9Y

*C. 3Y < 3X < 9Y

D. 1Y < 3X < 3Y

10. If domestically 3X=3Y in nation A, while 1X=1Y domestically in nation B:

A. there will be no trade between the two nations

B. the relative price of X is the same in both nations

C. the relative price of Y is the same in both nations

*D. all of the above

11. Ricardo explained the law of comparative advantage on the basis of:

*A. the labor theory of value

B. the opportunity cost theory

C. the law of diminishing returns

D. all of the above

12. Which of the following statements is true?

A. The combined demand for each commodity by the two nations is negatively slop ed

B. the combined supply for each commodity by the two nations is rising stepwise

C. the equilibrium relative commodity price for each commodity with trade is g iven by the intersection of the demand and supply of each commodity by the two nations

*D. all of the above

13. A difference in relative commodity prices between two nations can be based up on a difference in:

A. factor endowments

B. technology

C. tastes

*D. all of the above

14. In the trade between a small and a large nation:

A. the large nation is likely to receive all of the gains from trade

*B. the small nation is likely to receive all of the gains from trade

C. the gains from trade are likely to be equally shared

D. we cannot say

15. The Ricardian trade model has been empirically

*A. verified

B. rejected

C. not tested

D. tested but the results were inconclusive

思考题：

比较优势原理所带来的贸易所得是从何而来的？贸易利益又是如何分配的？

现实世界中比较优势是如何度量的？你认为目前中国具有比较优势的商品有哪些？这意味着什么？

比较优势会不会发生变化？什么样的原因可能会导致其变化？

经济学家是如何验证比较优势原理的？

Chapter 3: The Standard Theory of International Trade

Multiple-Choice Questions

1. A production frontier that is concave from the origin indicates that the nation inc urs increasing opportunity costs in the production of:

A. commodity X only

B. commodity Y only

*C. both commodities

D. neither commodity

2. The marginal rate of transformation (MRT) of X for Y refers to:

A. the amount of Y that a nation must give up to produce each additional unit of X

B. the opportunity cost of X

C. the absolute slope of the production frontier at the point of production

*D. all of the above

3. Which of the following is not a reason for increasing opportunity costs:

*A. technology differs among nations

B. factors of production are not homogeneous

C. factors of production are not used in the same fixed proportion in the productio n of all commodities

D. for the nation to produce more of a commodity, it must use resources that are l ess and less suited in the production of the commodity