国际经济学47265new.docVIP

《国际经济学》复习题 08.12Part A: Mulitpile-choice Questions 1. The classical, or Ricardian, theory of international trade explainsa. how goods produced in high wage countries like the United States or Japan can compete in world markets with products produced in lower wage countries.b. How developed and developing countries can trade with each other and both benefit.c. How a country that is the more efficient producer of a good can benefit from not producing it but rather trading for the product with a less efficient producer.d. All of the above2. When country A produces both goods more efficiently than country B,a. country A should produce both goods and not tradeb. country A should specialize in its good of least absolute disadvantagec. both countries would benefit from autarkyd. both countries can benefit from specialization and trade3. The slope of a country’s PPF reflectsa. the opportunity cost of S in terms of Tb. the opportunity cost of Tin terms of Sc. both a and bd. none of the above4. The H-0 theory statesa. a country should export the good with the highest output per unit of labor.b. A country will export the good that requires more intensive use of its abundant factor.c. A country should import the good that uses capital most intensively.d. A country should export the factor that receives a higher wage in the other country.5. If two countries had exactly the same factor endowments in addition to identical tastes, what trade patterns would occur according to the H-O theory?a. trade would be determined solely by technology, with each country exporting the good for which it has a technological advantage.b. Each country would export the good with the lower relative price.c. Both countries would export the same good.d. The two countries would have the same PPF; there would be no gains from trade; and hence trade would not occur.6. Which of the following statements about the H-O model is false?a. in trade equilibrium,