國際經(jīng)濟(jì)學(xué)chap4(答案)(參考版)
2025-01-11 20:56本頁面
【正文】 labor 28. Which of the following theories is based on the demand conditions. a. Overlapping Demand Theory b. Comparative Advantage Theory c. Product Life Cycle Theory d. HO Theory short answers 31. How does the HO theory differ from Ricardo theory in explaining international trade patterns? Ricardo theory assumed only one factor (labor) ruled out the trade effects and explained that the difference of modities’ prices is the reason why trade occurred, the HO theory explained trade by differences in relative national supply conditions, even the theory highlights the role of nations’ resource endowment as the key determinant of parative advantage. A nation will export that modity for which a large amount of the relatively abundant input is used, it will import that modity in the production of which the relatively scare input is used. 32. According to Staffan Linder, there are two explanations of international trade patterns— one for manufactures and another for primary (agricultural) goods. Explain! Linder considered that the HO theory has explanatory power for trade in primary goods, natural resources and agricultural goods, not for trade in manufactured goods, because the main force influencing manufactured – good trade is domestic demand conditions. Based on similar preferences, wealthy nations will likely trade with other wealthy nations, and poor nations will likely trade with other poor nations. 33. How can economies of scale production affect world trade patterns? Economies of scale is that a large anization may reduce costs by specializing in machinery and labor, and under this condition the PPF shape is convex to origin. The countries with economies of scale refer to the production situation where output grows proportionately more than the increase in inputs or factors of production. That means the reduction in the average costs of production as the firm’s output expands, thus the nation can export this kind of modity for its parative advantage. 34. Distinguish between intraindustry trade and interindustry trade, what are some major determinants of intraind
試題試卷相關(guān)推薦
鄂ICP備17016276號-1