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国际经济学(外语)习题5
I. Objective Questions
1. Empirical studies have found that the cost per job saved by protection is
(a) equal to the wages paid to the workers.
(b) less than the wages paid the workers.
(c) greater than the wages paid to workers.
(d) equal to the unemployment benefits workers would require.
2. An import quota is
(a) a quantitative restriction imposed on imports.
(b) a tax on imports.
(c) a minimum subsidy on imports.
(d) a minimum purchase requirement.
3. Which of the following is a quantitative restriction?
(a) tariff.
(b) import quota.
(c) antidumping duty.
(d) countervailing duty.
4. Which cannot be the earner of a quota rent?
(a) domestic producers.
(b) the government of the exporting country.
(c) domestic importers.
(d) foreign producers.
5. Voluntary export restraints are
(a) bilaterally agreed upon import quotas.
(b) imposed to raise revenue.
(c) a form of ad valorem tariff.
(d) a covert form of export subsidy.
6. Dumping may be defined as
(a) selling to foreigners at a price below the domestic price charged for an identical good.
(b) destroying excess commodity production to raise price.
(c) selling a good in a foreign market at more than its production cost.
(d) restricting the supply of a good in an international commodity agreement.
7. From the point of view of the welfare of the importing country
(a) tariffs are more harmful than quotas and less harmful than VERs.
(b) quotas and VERs are more harmful than tariffs.
(c) all are equally harmful.
(d) VERs are the least harmful.
8. Persistent dumping as profit-maximizing behavior requires
(a) separable markets with a lower elasticity of demand abroad than at home.
(b) integrated markets with a higher elasticity of demand at home than abroad.
(c) separable markets with a higher elasticity of demand abroad than at home.
(d) integrated markets with a lower elasticity of demand abroad than at home.
9. The deadweight
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