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08-09年第二学期期末A卷评分标准
广东外语外贸大学国际经济贸易学院
《国际贸易》2008—2009年第二学期期末A卷评分标准
07级电子商务专业使用 时间:2小时
班级 姓名 学号 成绩
I. Explain the following terms (5 for each, totally 20)
1.Trade Creation: takes place whenever economic integration leads to a shift in product origin from a higher-resource-cost domestic producer to a lower-resource-cost member producer.
2.Green Barriers: eveloped countries set up a technical barrier to other countries, especially developing countries under the guise of environmental protection.
3.Dumping: a particular form of price discrimination, which occurs when a firm sells the same product in different markets at different prices.
4.Infant Industry: An industry in which there is a potential advantage in the future, but because lack of know-how and the initial small level of output, will not be set up or, if already started, cannot successfully compete with more established foreign firms.
II.Please choose the correct answer (2 for each, totally 10)
1.c 2. c 3.a 4.b 5.b
III.Drawing and description (10 for each, totally 20 points)
1.Draw a map and then explain the impact of tariff: the small country case
price effect: p* rise to p*+t
consumer effect: -(a+b+c+d)
producer effect: a
trade effect: M0 decrease to M1
revenue effect: c
redistribution of income effect: the loss of consumer transfer to the benefit of producer or the revenue of government
net welfare effect: -(b+d)
2.Draw a map and then explain immiserizing growth
Manufactures
Brazil
C1 C0
Lower price for coffee
due to higher supply
S0 S1
Initial price ratio Coffee
The following conditions are necessary in order for immiserizing growth to occur:
the country’s growth must be biased toward the export sector;
the foreign demand for the country’s export must be price inelastic;
the country must already be heavily engaged in trade for the welfare meaning of the drop the TOT to be great enough to offset the gains from being able to supply more;
it is a
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