国际经济学作业答案第三章.pdfVIP

国际经济学作业答案第三章

Chapter3LaborProductivityandComparativeAdvantage—

TheRicardianModel

MultipleChoiceQuestions

1.Countriestradewitheachotherbecausetheyare_______

andbecauseof______.

(a)different,costs

(b)similar,scaleeconomies

(c)different,scaleeconomies

(d)similar,costs

(e)Noneoftheabove.

Answer:C

2.Tradebetweentwocountriescanbenefitbothcountriesif

(a)eachcountryexportsthatgoodinwhichithasa

comparativeadvantage.

(b)eachcountryenjoyssuperiortermsoftrade.

(c)eachcountryhasamoreelasticdemandfortheimported

goods.

(d)eachcountryhasamoreelasticsupplyforthesupplied

goods.

(e)Both(c)and(d).

Answer:A

3.TheRicardiantheoryofcomparativeadvantagestatesthat

acountryhasacomparativeadvantage

inwidgetsif

(a)outputperworkerofwidgetsishigherinthatcountry.

(b)thatcountry’sexchangerateislow.

(c)wageratesinthatcountryarehigh.

(d)theoutputperworkerofwidgetsascomparedtothe

outputofsomeotherproductishigherin

thatcountry.

(e)Both(b)and(c).

Answer:D

4.Inordertoknowwhetheracountryhasacomparative

advantageintheproductionofoneparticular

productweneedinformationonatleast____unitlabor

requirements

(a)one

(b)two

(c)three

(d)four

(e)five

Answer:D

5.Acountryengagingintradeaccordingtotheprinciplesof

comparativeadvantagegainsfromtrade

becauseit

(a)isproducingexportsindirectlymoreefficientlythanit

couldalternatively.

(b)isproducingimportsindirectlymoreefficientlythanit

couldd