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国际贸易期中考试复习提纲(Review outline of mid-term examination of international trade)
国际贸易期中考试复习提纲(Review outline of mid-term examination of international trade)
1, how to understand the significance of the degree of dependence on foreign trade?
* from the external economic relations: DDFT is too high, the domestic economic development is vulnerable to foreign economic impact or impact; DDFT is too low, it does not take full advantage of the international division of labor.
* from an internal economic relationship: the higher the DDFT, the more important the foreign trade is in the countrys national economy.
2, what is the practical significance of David Ricardos theory of comparative advantage?
The role of comparative cost theory in accelerating socio-economic development is beyond dispute. His greatest contribution to international trade theory was the first to provide strong evidence of free trade, and successfully explained an important cause of international trade from the perspective of labor productivity differences. To this day, this theory is still the theoretical basis for many countries, especially developing countries, to formulate strategies for foreign trade and economic cooperation.
3, according to our countrys reality, review the theory of factor endowments.
1, progress
(1) Theoretical Innovation: explain the difference of comparative cost with the difference of production factor endowment.
(2) focus on explaining the causes, flows and patterns of international trade from the economic structure of a country. At the same time, the factor price equalization theorem also analyzes the influence of international trade on the economic structure.
(3) theoretical practicability: the analysis of factor endowment is closer to the reality of economic operation.
2, limitations
(1) on the basis of factor theory, we should abandon the theory of labor value.
(2) one sidedness: the role of the demand for factors of production in international trade.
(3) the hypothesis of series weakens the explanatory power to the phenomenon of international trade.
4
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