曼昆《经济学原理》（微观）第五版测试题库 (09）.doc

PAGE 638 ? Chapter 9 /Application: International Trade Chapter 9 /Application: International Trade ? PAGE 639 PAGE 594 Chapter 9 Application: International Trade TRUE/FALSE 1. Trade decisions are based on the principle of absolute advantage. ANS: F DIF: 1 REF: 9-1 NAT: Analytic LOC: Gains from trade, specialization and trade TOP: Absolute advantage MSC: Interpretive 2. The sum of consumer and producer surplus measures the total benefits that buyers and sellers receive from participating in a market. ANS: T DIF: 2 REF: 9-1 NAT: Analytic LOC: Gains from trade, specialization and trade TOP: Total surplus MSC: Interpretive 3. According to the principle of comparative advantage, all countries can benefit from trading with one another because trade allows each country to specialize in doing what it does best. ANS: T DIF: 1 REF: 9-1 NAT: Analytic LOC: Gains from trade, specialization and trade TOP: Comparative advantage MSC: Interpretive 4. The world price of cotton is the highest price of cotton observed anywhere in the world. ANS: F DIF: 1 REF: 9-1 NAT: Analytic LOC: Gains from trade, specialization, and trade TOP: Prices MSC: Definitional 5. If the world price of a good is greater than the domestic price in a country that can engage in international trade, then that country becomes an importer of that good. ANS: F DIF: 2 REF: 9-1 NAT: Analytic LOC: Gains from trade, specialization and trade TOP: International trade | Prices MSC: Interpretive 6. Without free trade, the domestic price of a good must be equal to the world price of a good. ANS: F DIF: 2 REF: 9-1 NAT: Analytic LOC: Gains from trade, specialization and trade TOP: Prices MSC: Interpretive 7. The nation of Aviana soon will abandon its no-trade policy and adopt a free-trade policy. If the world price of goose meat is $3 per pound and the domestic price of goose meat without trade is $2 per pound, then Aviana should export goose meat. ANS: T DIF: 2 REF: 9-1 NAT: Analytic LOC: Gains from