国际经济学Multiple choices 4-5课件.pptVIP

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国际经济学Multiple choices 4-5课件

MULTIPLE CHOICE; ;2. Japan‘s trade policies with regard to rice reflect the fact that japanese rice farmers have significant political power. B) Japan has a comparative advantage in rice production and therefore exports most of its rice crop. C) there would be no gains from trade available to Japan if it engaged in free trade in rice. D) there are gains from trade that Japan captures by engaging in free trade in rice. E) Japan imports most of the rice consumed in the country. ;3. In the specific factors model, which of the following is treated as a specific factor? Labor B) Land C) Cloth D) Food E) Technology ;4. The specific factors model assumes that there are ________ goods and ________ factor(s) of production. two; three B) two; two C) two; one D) three; two E) four; three ;5. The slope of a country‘s production possibility frontier with cloth measured on the horizontal and food measured on the vertical axis in the specific factors model is equal to ________ and it ________ as more cloth is produced. -MPLF/MPLC; becomes steeper B) -MPLF/MPLC; becomes flatter C) -MPLF/MPLC; is constant D) -MPLC/MPLF; becomes steeper E) -MPLC/MPLF; is constant ;6. Under perfect competition, the equilibrium price of labor used to produce cloth will be equal to the slope of the production possibility frontier. B) the average product of labor in the production of cloth times the price of cloth. C) the ratio of the marginal product of labor in the production of cloth to the marginal product of labor in the production of food times the ratio of the price of cloth. to the price of food. D) the marginal product of labor in the production of cloth times the price of cloth. E) the price of cloth divided by the marginal product of labor in the production of cloth. ; 7. In the specific factors model, which of the following will increase the quantity of labor used in cloth production? an increase in the price of cloth relative to that of food B) an incre

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