第03章国际均衡(英文习题).docVIP

SINGLE CHOICE QUESTIONS （ ）1. Which of the following is false concerning indifference curves（无差异曲线）? a. They illustrate how the nation ranks alternative consumption bundles b. Higher curves refer to more satisfaction c. They are negatively sloped（斜率为负）, being bowed out away from the diagram’s origin（原点） d. They reflect the tastes and preferences of a consumer （ ）2. Under free trade, Canada would not enjoy any gains from trade with Sweden if Canada: a. Trades at the Canadian rate of transformation b. Trades at Sweden’s rate of transformation c. Specializes completely in the production of its export good d. Specializes partially in the production of its export good （ ）3. A rise in the price of imports or a fall in the price of exports will: a. Improve（改善）the terms of trade b. Worsen（恶化）the terms of trade c. Expand the production possibilities curve d. Contract（收缩） the production possibilities curve （ ）4. With trade, a country will maximize its satisfaction when it: a. Moves to the highest possible indifference curve b. Forces the marginal rate of substitution（边际替代率）to its lowest possible value c. Consumes more of both goods than it does in autarky（自给自足） d. Finds its marginal rate of substitution（边际替代率） exceeding its marginal rate of transformation （ ）5. Given a two-country and two-product world, the United States would enjoy all the attainable（可得到的） gains from free trade with Canada if it: a. Trades at the U.S. rate of transformation b. Trades at the Canadian rate of transformation c. Specializes completely in the production of both goods d. Specializes partially in the production of both goods （ ）6. “The equilibrium relative commodity price at which trade takes place is determined by the conditions of demand and supply for each commodity in both nations. Other things being equal, the nation with the more intense demand for the other nation’s exported good will gain less from trade than the nation with the less intense（强烈的）d