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国际经济学复习范围国际经济学复习范围

MULTIPLE-CHOICE QUESTIONS (单项选择题) B1. A primary reason why nations conduct international trade is because: a. Some nations prefer to produce one thing while others produce other things b. Resources are not equally distributed among all trading nations c. Trade enhances opportunities to accumulate profits d. Interest rates are not identical in all trading nations A2. A main advantage of specialization results from: a. Economies of large-scale production b. The specializing country behaving as a monopoly c. Smaller production runs resulting in lower unit costs d. High wages paid to foreign workers D3. International trade in goods and services is sometimes used as a substitute for all of the following except: a. International movements of capital b. International movements of labor c. Domestic production of the same goods and services d. Domestic production of different goods and services D4. If a nation has an open economy, it means that the nation: a. Allows private ownership of capital b. Has flexible exchange rates c. Has fixed exchange rates d. Conducts trade with other countries D5. International trade forces domestic firms to become more competitive in terms of: a. The introduction of new products b. Product design and quality c. Product price d. All of the above B6. The movement to free international trade is most likely to generate short-term unemployment in which industries? a. Industries in which there are neither imports nor exports b. Import-competing industries c. Industries that sell to domestic and foreign buyers d. Industries that sell to only foreign buyers D7. International trade is based on the idea that: a. Exports should exceed imports b. Imports should exceed exports c. Resources are more mobile internationally than are goods d. Resources are less mobile internationally than are goods D8. Arguments for free trade are sometimes disregarded by politicians because: a. Maximizing domestic efficiency is not consid

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