曼昆《经济学原理》（宏观）第五版测试题库 (31).docVIP

PAGE 2080 ? Chapter 31 /Open-Economy Macroeconomics: Basic Concepts Chapter 31 /Open-Economy Macroeconomics: Basic Concepts ? PAGE 2069 PAGE 2068 Chapter 31 Open-Economy Macroeconomics: Basic Concepts TRUE/FALSE 1. A country with negative net exports has a trade surplus. ANS: F DIF: 1 REF: 31-1 NAT: Analytic LOC: International trade and finance TOP: Net exports MSC: Definitional 2. If a country’s imports exceed its exports it has a trade surplus. ANS: F DIF: 1 REF: 31-1 NAT: Analytic LOC: International trade and finance TOP: Trade balance MSC: Definitional 3. If a country sells more goods and services abroad than it purchases abroad, it has positive net exports and a trade surplus. ANS: T DIF: 1 REF: 31-1 NAT: Analytic LOC: International trade and finance TOP: Net exports MSC: Definitional 4. Movies are a major export of the U.S. ANS: T DIF: 1 REF: 31-1 NAT: Analytic LOC: International trade and finance TOP: U.S. trade statistics MSC: Definitional 5. Perhaps the most dramatic change in the U.S. economy over the past four decades has been the increasing relative importance of international trade and finance. ANS: T DIF: 1 REF: 31-1 NAT: Analytic LOC: International trade and finance TOP: U.S. trade MSC: Definitional 6. Reduced barriers to trade help explain an increase in U.S. exports and imports relative to GDP since 1950. ANS: T DIF: 1 REF: 31-1 NAT: Analytic LOC: International trade and finance TOP: U.S. trade MSC: Definitional 7. U.S. exports make up less than 20 percent of GDP. ANS: T DIF: 2 REF: 31-3 NAT: Analytic LOC: International trade and finance TOP: U.S. trade MSC: Definitional 8. Net capital outflow is the purchase of domestic assets by foreign residents minus the purchase of foreign assets by domestic residents. ANS: F DIF: 1 REF: 31-1 NAT: Analytic LOC: International trade and finance TOP: Net capital outflow MSC: Definitional 9. When net capital outflow is negative, it means that on net the value of domestic assets purchased by foreigners