国际经济学模拟试题(英文)含答案.doc

国际经济学模拟习题（3） 一、True or False （10*1’=10’） 1.?　Trade is a zero-sum activity; if one country gains, the other must lose. 2.? A nation maximizes satisfaction by reaching the highest possible indifference curve, and in the absence of trade will produce where its production possibilities schedule is tangent to an indifference curve. 3.? The factor endowments model predicts that international trade will tend to equalize the prices of trade-able goods among nations, but to increase the wage gap between capital-abundant and labor-abundant nations. 4.? A tax of 10 percent on imports of shoes would be an example of a specific tariff. 5. 　An import quota will not raise the domestic price of the product as would a tariff, because it is not a tax on imports. 6.? In balance-of-payments account, a transaction resulting in receipt of a payment is recorded as a credit, whereas a transaction resulting in a payment to other nations is recorded as a debit. 7.? Because they do not include an exchange of goods or services, unilateral transfers do not appear on a nation's balance of payments account. 8. David Hume was one of the first economists to provide analytical support for mercantilist trade policies. 9. A nation would be most likely to find its trade balance improving after a currency depreciation if that nation’s demand for imports and foreign demand for its exports was very inelastic. 10.? A nation with neither a balance of payments surplus nor a balance of payments deficit is said to be in internal balance. 二、choices（15*3’=45’） 1.?The law of comparative advantage a). was ratified by the World Trade Organization b). explains how all countries can benefit when each specializes in producing items in which it has the greatest relative efficiency c). explains how only the most efficient nations can benefit from trade d). is used to evaluate a country’s military strength 2.?The theory of absolute advantage was developed by a. the Mercantilists b. David Hume c. Adam Smith d.