国际贸易学试题Quiz1.ppt

1-* Answer: A Page Ref: 125 Difficulty: Easy 1-* International borrowing and lending may be interpreted as one form of A) intertemporal trade. B) intermediate trade. C) trade in services. D) unrequited international transfers. E) aid to offset trade advantages. 1-* Answer: A Page Ref: 127 Difficulty: Easy 1.1.1 * 1.2.1 * 2.1.1 * 2.2.1 * 3.1.1 * 3.3.1 * * 3.4.1 * 4.1.1 * 4.3.1 * 4.4.1 * 5.1.1 * 5.2.1 * 5.3.1 * 6.1.1 * 6.2.1 * 6.3.1 * * 1-* Quiz 1 International Economics 1-* Historians of economic thought often describe ________ written by ________ and published in ________ as the first real exposition of an economic model. A) Of the Balance of Trade, David Hume, 1776 B) Wealth of Nations, David Hume, 1758 C) Wealth of Nations, Adam Smith, 1758 D) Wealth of Nations, Adam Smith, 1776 E) Of the Balance of Trade, David Hume, 1758 1-* Answer: E Page Ref: 1 Difficulty: Easy Note: Wealth of Nations, Adam Smith, 1776 David Hume?(7 May?1711?– 25 August 1776) was a Scottish philosopher, historian, economist, and essayist, known especially for his philosophical?empiricism?and?skepticism. Of the Balance of Trade, was an essay in the book Essays Moral and Political” 1-* Cost-benefit analysis of international trade A) is basically useless. B) is empirically intractable. C) focuses attention primarily on conflicts of interest within countries. D) focuses attention on conflicts of interest between countries. E) never leads to government intervention in international trade. 1-* Answer: C Page Ref: 6 Difficulty: Easy 1-* Approximately what percent of all world production of goods and services is exported to other countries? A) 10% B) 30% C) 50% D) 100% E) 90% 1-* Answer: B Page Ref: 10 Difficulty: Easy 1-* Since the period following World War II (the early 1950s), the proportion of most countries production being used in some other country A) remained constant. B) increased. C) decreased. D) fluctuated widely with no clear trend. E) increased slightly before dropping