国际经济学作业及国际结算与融资Chapter5作业.docVIP

PAGE 16 国际经济学作业 Quiz for Ch5 ? 1)??In?the?2-factor,?2-good?Heckscher-Ohlin?model,?an?influx?of?workers?from?across?the?border?would? A)??move?the?point?of?production?along?the?production?possibility?curve.? B)??shift?the?production?possibility?curve?outward,?and?increase?the?production?of?both?goods.? C)??shift?the?production?possibility?curve?outward?and?decrease?the?production?of?the?labor-intensive?product.? D)??shift?the?production?possibility?curve?outward?and?decrease?the?production?of?the?capital-intensive?product.? E)??shift?the?possibility?curve?outward?and?displace?preexisting?labor.? ?? 2)??In?the?2-factor,?2-good?Heckscher-Ohlin?model,?the?two?countries?differ?in? A)??tastes?and?preferences.? B)??military?capabilities.? C)??the?size?of?their?economies.? D)??relative?abundance?of?factors?of?production.? E)??labor?productivities.? ?? 3)??One?way?in?which?the?Heckscher-Ohlin?model?differs?from?the?Ricardo?model?of?comparative?advantage?is?by?assuming?that?________?is?(are)?identical?in?all?countries.? A)??factor?endowments? B)??scale?of?production? C)??factor?intensities? D)??technology? E)??opportunity?costs? ? 4)??If?a?country?produces?good?Y?(measured?on?the?vertical?axis)?and?good?X?(measured?on?the?horizontal?axis),?then?the?absolute?value?of?the?slope?of?its?production?possibility?frontier?is?equal?to? A)??the?opportunity?cost?of?good?X.? B)??the?price?of?good?X?divided?by?the?price?of?good?Y.? C)??the?price?of?good?X?divided?by?the?price?of?good?Y.? D)??the?opportunity?cost?of?good?Y.? E)??the?cost?of?capital?(assuming?that?good?Y?is?capital?intensive)?divided?by?the?cost?of?labor.? ?? 5)??The?Heckscher-Ohlin?model?differs?from?the?Ricardian?model?of?Comparative?Advantage?in?that?the?former? A)??has?only?two?countries.? B)??has?only?two?products.? C)??has?two?factors?of?production.? D)??has?two?production?possibility?frontiers?(one?for?each?country).? E)??has?varying?wage?rates.? ? 6)??In?the?2-factor,?2-good?Heckscher-Ohlin?model,?the?country?with