IE multiple choices国际经济学期末复习选择题.docx

1.International economics deals with:a. the flow of goods, services and payments among nationsb. policies directed at regulating the flow of goods, services and paymentsc. the effects of policies affecting international trade and finance on the welfare of the nation d. all of the above2.Which of the following is not the subject matter of international finance?a. foreign exchange marketsb. the balance of paymentsc. the basis and the gains from traded. policies to adjust balance of payments disequilibria3.Community indifference curves:a. are negatively slopedb. are convex to the originc. should not crossd. all of the above4. Which of the following is a debit?a. the export of goodsb. the export of servicesc. unilateral transfers given to foreignersd. capital inflows5.If with one hour of labor time nation A can produce either 3X or 3Y while nation B can produce either 1X or 3Y (and labor is the only input):a. nation A has a comparative disadvantage in commodity Xb. nation B has a comparative disadvantage in commodity Yc. nation A has a comparative advantage in commodity Xd. nation A has a comparative advantage in neither commodity6.If with one hour of labor time nation A can produce either 3X or 3Y while nation B can produce either 1X or 3Y (and labor is the only input), the range of mutually beneficial trade between nation A and B is:a. 3Y 3X 5Yb. 5Y 3X 9Yc. 3Y 3X 9Yd. 1Y 3X 3Y7.A difference in relative commodity prices between two nations can be based upon difference in:a. factor endowmentsb. technologyc. tastesd. all of the above8.Mutually beneficial trade cannot occur if production frontiers are:a. equal but tastes are notb. different but tastes are the samec. different and tastes are also differentd. the same and tastes are also the same.9.According to Adam Smith, international trade was based on:a. absolute advantageb. comparative advantagec. both absolute and comparative advantaged. neither absolute nor comparative advantage10.The commodity in which the n