国际经济学选择题集(含答案).doc

Contents Chapter 3 Labor Productivity and Comparative Advantage: The Ricardian Model 2 Chapter 4 Specific Factors and Income Distribution 13 Chapter 5 Resources and Trade: The Heckscher-Ohlin Model 22 Chapter 6 The Standard Trade Model 31 Chapter 7 Economies of Scale, imperfect Competition, and International Trade 41 Chapter 8 International Factor Movements 50 Chapter 9 The Instruments of Trade Policy 60 Chapter 3: Labor Productivity and Comparative Advantage - The Ricardian Model Multiple Choice Questions Countries trade with each other because they are _______ and because of ______. A. different, costs B. similar, scale economies C. different, scale economies D. similar, costs None of the above. Trade between two countries can benefit both countries if each country exports that good in which it has a comparative advantage. each country enjoys superior terms of trade. each country has a more elastic demand for the imported goods. each country has a more elastic supply for the supplied goods. Both C and D. The Ricardian theory of comparative advantage states that a country has a comparative advantage in widgets if output per worker of widgets is higher in that country. that countrys exchange rate is low. wage rates in that country are high. the output per worker of widgets as compared to the output of some other product is higher in that country. Both B and C. In order to know whether a country has a comparative advantage in the production of one particular product we need information on at least ____unit labor requirements one two three four five A country engaging in trade according to the principles of comparative advantage gains from trade because it is producing exports in