MOOC 国际经济学(全英文)(北京理工大学)1456134163 最新慕课完整章节测试答案
Chapter 2. Why Nations Trade(Part 2)
Test
1、单选题:
The trading principle formulated by Adam Smith maintained that:
选项:
A: International prices are determined from the demand side of the market
B: Differences in resource endowments determine comparative advantage
C: Differences in income levels govern world trade patterns
D: Absolute cost differences determine the immediate basis for trade
答案: 【 Absolute cost differences determine the immediate basis for trade】
2、单选题:
Unlike Adam Smith, David Ricardo’s trading principle emphasizes the:
选项:
A: Demand side of the market
B: Supply side of the market
C: Role of comparative costs
D: Role of absolute costs
答案: 【 Role of comparative costs 】
3、单选题:
When a nation requires fewer resources than another nation to produce a product, the nation is said to have a(n):
选项:
A: Absolute advantage in the production of the product
B: Comparative advantage in the production of the product
C: Lower marginal rate of transformation for the product
D: Lower opportunity cost of producing the product
答案: 【 Absolute advantage in the production of the product 】
4、单选题:
According to the principle of comparative advantage, specialization and trade increase a nation’s total output since:
选项:
A: Resources are directed to their highest productivity
B: The output of the nation’s trading partner declines
C: The nation can produce outside of its production possibilities curve
D: The problem of unemployment is eliminated
答案: 【 Resources are directed to their highest productivity 】
5、单选题:
In a two-product, two-country world, international trade can lead to increases in:
选项:
A: Consumer welfare only if output of both products is increased
B: Output of both products and consumer welfare in both countries
C: Total production of both products, but not consumer welfare in both countries
D: Consumer welfare in both countries, but not total production of both products
答案: 【 Output of both products and consumer welfare in both countries 】
6、单选题:
If the international terms of trade settle at a level that is between each country’s opportunity cost:
选项:
A: There is no basis for gainful trade for either country
B: Both countries gain from trade
C: Only one country gains from trade
D: One country gains and the other country loses from trade
答案: 【 Both countries gain from trade 】
7、单选题:
Use the data in Table 2.1 to answer Questions 7–10.Table 2.1 Output Possibilities for Country A and Country B Output per Worker per DayCountry Tons of Steel