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本课程起止时间为:2021-09-06到2022-01-10
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Chap.1 Quiz 1

1、 问题:1. International trade is most important to the standard of living of:
选项:
A:A. The U.S.A
B:B. Switzerland
C:C. Germany
D:D. England
答案: 【B. Switzerland

2、 问题:2. Over time, the economic interdependence of nations has:
选项:
A:A. grown
B:B. diminished
C:C. remained unchanged
D:D. cannot say
答案: 【A. grown

3、 问题:3. A rough measure of the degree of economic interdependence of a nation is given by:
选项:
A:A.    the size of the nation’s population
B:B.    the percentage of its population to its GDP
C:C.    the percentage of a nation’s imports and exports to its GDP
D:D.    all of the above
答案: 【C.    the percentage of a nation’s imports and exports to its GDP

4、 问题:4. International economics deals with:
选项:
A:A. the flow of goods, services and payments among nations 
B:B. policies directed a regulating the flow of goods, services and payments  
C:C. the effects of policies on the welfare of the nation  
D:D. all of the above
答案: 【D. all of the above

5、 问题:5. In the study of international economics:
选项:
A:A. international trade policies are examined before the bases for trade
B: B. adjustment policies are discussed before the balance of payments 
C:C. the case of many nations is discussed before the two-nations case
D:  D. none of the above
答案: 【  D. none of the above

6、 问题:6. International trade is similar to interregional trade in that both must overcome:
选项:
A: A. distance and space
B:   B. trade restrictions
C:  C. differences in currencies
D:   D. differences in monetary systems
答案: 【 A. distance and space

7、 问题:7. Which of the following is not the subject matter of international finance?
选项:
A: A. foreign exchange markets
B:B. the balance of payments
C:C. the basis and the gains from trade
D:D. policies to adjust balance of payments disequilibria
答案: 【C. the basis and the gains from trade

8、 问题:8. International trade theory refers to:
选项:
A:A. The microeconomic aspects of international economics
B:B. The macroeconomic aspects of international economics
C:C. Open economy macroeconomics or international finance;
D:D. All of the above.
答案: 【A. The microeconomic aspects of international economics

9、 问题:9. The expansion of international trade usually affects all members of society:
选项:
A:A. positively
B:B. negatively
C:C. most positively but some negatively
D:D. most negatively but some positively
答案: 【C. most positively but some negatively

10、 问题:10. Which of the following statements with regard to international economics is true?
选项:
A:A. It is a relatively new field
B:B. It is a relatively old field
C:C. Most of its contributors were not economists
D:D. None of the above
答案: 【B. It is a relatively old field

Chap. 3 quiz3

1、 问题:Which of the following is not a reason for increasing opportunity costs:
选项:
A: technology differs among nations
B:factors of production are not homogeneous
C:factors of production are not used in the same fixed proportion in the production of all commodities
D: for the nation to produce more of a commodity, it must use resources that are less and less suited in the production of the commodity
答案: 【 technology differs among nations

2、 问题:The marginal rate of substitution (MRS) of X for Y in consumption refers to the:
选项:
A:amount of X that a nation must give up for one extra unit of Y and still remain on the same indifference curve
B:amount of Y that a nation must give up for one extra unit of X and still remain  on the same indifference curve
C:amount of X that a nation must give up for one extra unit of Y to reach a higher indifference curve 
D:amount of Y that a nation must give up for one extra unit of X to reach a higher indifference curve
答案: 【amount of Y that a nation must give up for one extra unit of X and still remain  on the same indifference curve

3、 问题:Nation 1’s share of the gains from trade will be greater:
选项:
A: the greater is nation 1’s demand for nation 2’s exports
B:the closer Px/Py with trade settles to nation 2’s pretrade Px/Py
C: the weaker is nation 2’s demand for nation 1’s exports
D:the closer Px/Py with trade settles to nation 1’s pretrade Px/Py
答案: 【the closer Px/Py with trade settles to nation 2’s pretrade Px/Py

4、 问题: A production frontier that is concave from the origin indicates that the nation incurs      increasing opportunity costs in the production of:
选项:
A:commodity X only
B:commodity Y only
C:both commodities
D:neither commodity
答案: 【both commodities

5、 问题:Community indifference curves:
选项:
A:are negatively sloped
B:are convex to the origin
C:should not cross
D:all of the above
答案: 【all of the above

6、 问题:With free trade under increasing costs:
选项:
A:neither nation will specialize completely in production
B:at least one nation will consume above its production frontier
C:a small nation will always gain from trade
D:all of the above
答案: 【all of the above

7、 问题:Which of the following is not true for a nation that is in equilibrium in isolation?
选项:
A: it consumes inside its production frontier
B:it reaches the highest indifference curve possible with its production frontier
C:the indifference curve is tangent to the nation’s production frontier
D:MRT of X for Y equals MRS of X for Y, and they are equal to Px/Py
答案: 【 it consumes inside its production frontier

8、 问题:Which of the following statements is true with respect to the MRS of X for Y:
选项:
A:It is given by the absolute slope of the indifference curve
B:declines as the nation moves down an indifference curve
C:rises as the nation moves up an indifference curve
D:all of the above
答案: 【all of the above

9、 问题:If the internal Px/Py is lower in nation 1 than in nation 2 without trade:
选项:
A:nation 1 has a comparative advantage in commodity Y
B:nation 2 has a comparative advantage in commodity X
C:nation 2 has a comparative advantage in commodity Y
D:none of the above
答案: 【nation 2 has a comparative advantage in commodity Y

10、 问题:Which of the following statements about community indifference curves is true?
选项:
A: They are entirely unrelated to individuals’ community indifference curves
B: they cross, they cannot be used in the analysis
C:the problems arising from intersecting community indifference curves can be overcome by the application of the compensation principle
D:all of the above.
答案: 【the problems arising from intersecting community indifference curves can be overcome by the application of the compensation principle

Chap.2 quiz 2

1、 问题:The Mercantilists did not advocate 
选项:
A:free trade
B:stimulating the nation’s exports
C:restricting the nation’s imports
D:the accumulation of gold by the nation
答案: 【free trade

2、 问题:According to Adam Smith, international trade was 
选项:
A:absolute advantage
B:comparative advantage
C:both absolute and comparative advantage
D:neither absolute nor comparative advantage
答案: 【absolute advantage

3、 问题:The commodity in which the nation has the smallest absolute disadvantage is the commodity of its
选项:

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