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浙江工商大学2008-2009国际经济学国际贸易试卷A

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浙江工商大学《国际经济学(国际贸易)》课程考试试卷 适用专业:金融学

浙江工商大学 2008 / 2009 学年第一学期期末考试试卷

(A)

课程名称:国际经济学(国际贸易)考试方式:闭卷 完成时限:120分钟

班级名称: 学号: 姓名:

题号 分值 得分 阅卷人 Ⅰ 30 Ⅱ 70 总分 100

Ⅰ. Single Choice(each 2 points, total 30 points) 1.

A country engaging in trade according to the principles of comparative advantage gains from trade because it ( ) A. is producing exports indirectly more efficiently than it could

alternatively. B. is producing imports indirectly more efficiently than it could

domestically. C. is producing exports using fewer labor units. D. is producing imports indirectly using fewer labor units. E. None of the above. According to Ricardo, a country will have a comparative advantage in the product in which its ( ) A. labor productivity is relatively low. B. labor productivity is relatively high. C. labor mobility is relatively low. D. labor mobility is relatively high. E. None of the above.

2.

3. At the point of production, the production possibility frontier will be

tangent to

( ) A. the origin.

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浙江工商大学《国际经济学(国际贸易)》课程考试试卷 适用专业:金融学

B. a line whose slope is the relative quality of the two goods. C. a line whose slope is the relative quantity of the two goods. D. a line whose slope is the relative price of the two goods. E. None of the above.

4. In the Specific Factors model, each of the two sectors ( )

A. employs the same factors used by the other. B. employs different factors than those employed in the other. C. employs a fixed coefficient production function. D. shares one factor of production with the other sector. E. None of the above.

5. If the price of the capital intensive product rises, wages will ( ) A. rise but by less than the price of the capital-intensive product.

B. rise by more than the rise in the price of the capital-intensive product. C. remain proportionally equal to the price of the capital-intensive product. D. fall, since higher prices cause less demand. E. None of the above.

6. In the 2-factor, 2 good Heckscher-Ohlin model, the two countries differ in ( ) A. tastes.

B. military capabilities. C. size.

D. relative availabilities of factors of production. E. labor productivities.

7. The Heckscher-Ohlin model assumes that _____ are identical in all trading countries ( ) A. tastes

B. technologies

C. factor endowments D. Both A. and B. E. None of the above

8. Tastes of individuals are represented by ( ) A. the production possibility frontier. B. the isovalue line.

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浙江工商大学《国际经济学(国际贸易)》课程考试试卷 适用专业:金融学

C. the indifference curve. D. the production function. E. None of the above.

9. When the production possibility frontier shifts out relatively more in one direction, we have ( )

A. biased growth. B. unbiased growth. C. immiserizing growth. D. balanced growth. E. imbalanced growth.

10. Specific tariffs are ( )

A. import taxes stated in specific legal statutes.

B. import taxes calculated as a fixed charge for each unit of imported goods.

C. import taxes calculated as a fraction of the value of the imported goods.

D. the same as import quotas. E. None of the above.

11. Internal economies of scale arise when the cost per unit ( ) A. rises as the industry grows larger. B. falls as the industry grows larger. C. rises as the average firm grows larger. D. falls as the average firm grows larger. E. None of the above.

12. If PC / PF were to increase, ( )

A. the cloth exporter would increase the quantity of cloth exports. B. the cloth exporter would increase the quantity of cloth produced. C. the food exporter would increase the quantity of food exports. D. Both A and C. E. None of the above.

13. Ad valorem tariffs are ( )

A. import taxes stated in ads in industry publications.

B. import taxes calculated as a fixed charge for each unit of imported

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浙江工商大学《国际经济学(国际贸易)》课程考试试卷 适用专业:金融学

C. D. E.

goods.

import taxes calculated as a fraction of the value of the imported goods.

the same as import quotas None of the above.

14. The Leontieff Paradox ( )

A. B. C. D. E. supported the validity of the Ricardian theory of comparative advantage.

supported the validity of the Heckscher-Ohlin model. failed to support the validity of the Ricardian theory.

failed to support the validity of the Heckscher-Ohlin model. proved that the U.S. economy is different from all others.

15. If a small country imposes a tariff, then ( )

A. the producers must suffer a loss. B. the consumers must suffer a loss.

C. the government revenue must suffer a loss. D. the demand curve must shift to the left. E. None of the above.

Ⅱ. Explain and Analyze (total 70points)

1. Compare the differences between the Ricardian Model and the Heckscher-Ohlin Model.(20points)

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浙江工商大学《国际经济学(国际贸易)》课程考试试卷 适用专业:金融学

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浙江工商大学《国际经济学(国际贸易)》课程考试试卷 适用专业:金融学

2. Do you think trade protection (贸易保护)is a good policy to copy with global economic imbalance(全球经济失衡)? and Why?

If the United States takes trade protection to reduce the trade deficit, which policies should be taken to drive economic growth (刺激经济增长)by china? (25points)

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浙江工商大学《国际经济学(国际贸易)》课程考试试卷 适用专业:金融学

3. As we know, The New Trade theory was initially associated with Paul Krugman in the

early 1970s. Can you explain the differences between the new trade theory and the classical trade theories, and do you think whether the new trade theory is suit for developing countries in the process of economic transition?(25points)

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