國際經(jīng)濟學chap4(答案)-wenkub.com
2025-01-05 20:56 本頁面
【正文】 capital d. labor。 increase d. increase。s terms of trade causes the nation39。s tastes for its import modity increases: a. the nation39。s terms of trade remain unchanged b. the nation39。s welfare to: a. deteriorate b. improve c. remain unchanged d. any of the above 7*. The equilibrium price and quantity for a modity traded between two nations occurs where a. the slopes of the two offer curves are the same. b. the two offer curves intersect c. the slopes of the two offer curves is equal to zero d. the price ratio of good X for good Y is equals one. 8*. Suppose nation 1 is an importer of good X. In a general equilibrium framework, an increase in the demand for good Y will a. decreased the price of good X and increase the volume of imports of good X b. decreased the price of good X and decrease the volume of imports of good X c. increase the price of good X and increase the volume of imports of good X d. increase the price of good X and decrease the volume of imports of good X 9. Suppose nation 1 is an importer of good X. In a general equilibrium framework, an increase in the cost of producing good X in nation 2 will a. decreased the price of good X and increase the volume of imports of good X b. decreased the price of good X and decrease the volume of imports of good X c. increase the price of good X and increase the volume of imports of good X d. increase the price of good X and decrease the volume of imports of good X 10. The HO model extends the classical trade model by: a. explaining the basis for parative advantage b. examining the effect of trade on factor prices c. both a and b d. neither a nor b 11. Which is not an assumption of the HO model? a. the same technology in both nations b. constant returns to scale c. plete specialization d. equal tastes in both nations 12. With equal technology nations will have equal K/L in production if: a. factor prices are the same b. tastes are the same c. PPFs are the same d. all of the above 13. We say that modity Y is Kintensive with respect to X when: a. more K is used in the
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