1昆明学院学年学期期末考试卷(A卷)考试科目国际经济学经济系国际经济与贸易专业级班学生姓名学号任课教师教研室主任题号一二三四五六七八九十总分评分PleasefinishallmaterialsintheANSWERSHEETⅠKeyTermsExplanation(5%foreachterms,total20%)1、Stolper-SamuelsonTheorem2、Tradediversion3、RelativePPP4、AAScheduleⅡMultipleChoiceQuestions(EachquestionjusthasonlyONEcorrectanswer)(30%)1.Themovementtofreeinternationaltradeismostlikelytogenerateshort-termunemploymentinwhichindustries?(a)Industriesproducingnon-tradablegoods(b)Import-competingindustries(c)Exportindustries(d)Importsectors(e)Noneoftheabove.2.Giventhefollowinginformation:UnitLaborRequirementsClothWidgets(小器具)Home1020Foreign6030(a)Neithercountryhasacomparativeadvantage.(b)Homehasacomparativeadvantageincloth.(c)Foreignhasacomparativeadvantageincloth.(d)Homehasacomparativeadvantageinwidgets.(e)Homehasacomparativeadvantageinbothproducts.3.IftheUnitedStates’sproductionpossibilityfrontierwasflattertothewidgetaxis(坐标轴),whereasGermany’swasflattertothebutteraxis,weknowthat2(a)theUnitedStateshasnocomparativeadvantage(b)Germanyhasacomparativeadvantageinbutter.(c)theU.S.hasacomparativeadvantageinbutter.(d)Notenoughinformationisgiven.(e)Noneoftheabove.4.Inthe2-factor,2goodHeckscher-Ohlinmodel,aninflux(大量涌入)ofworkersfromacrosstheborderwould(a)movethepointofproductionalongtheproductionpossibilitycurve.(b)shifttheproductionpossibilitycurveoutward,andincreasetheproductionofbothgoods.(c)shifttheproductionpossibilitycurveoutwardanddecreasetheproductionofthelabor-intensiveproduct.(d)shifttheproductionpossibilitycurveoutwardanddecreasetheproductionofthecapital-intensiveproduct.(e)Noneoftheabove.5.Supposethattherearetwofactors,capitalandland,andthattheUnitedStatesisrelativelylandendowedwhiletheEuropeanUnionisrelativelycapital-endowed.AccordingtotheHeckscher-Ohlinmodel,(a)EuropeanlandownersshouldsupportU.S.-Europeanfreetrade.(b)EuropeancapitalistsshouldsupportU.S.-Europeanfreetrade.(c)allcapitalistsinbothcountriesshouldsupportfreetrade.(d)alllandownersshouldsupportfreetrade.(e)Noneoftheabove.6.Assumethatonlytwocountries,AandB,exist.Considerthefollowingdata:CountriesFactorEndowmentsABLaborForce4520CapitalStock1510IfgoodSiscapitalintensive,thenfollowingtheHeckscher-OhlinTheory,(a)countryAwillexportgoodS.(b)countryBwillexportgoodS.(c)bothcountrieswillexportgoodS.(d)tradewillnotoccurbetweenthesetwocountries.(e)Insufficientinformationisgiven.7.IftheU.S.(alargecountry)imposesatariffonitsimportedgood,thiswilltendto(a)havenoeffectontermsoftrade.(b)improvethetermsoftradeofallcountries.(c)improvethetermsoftradeoftheUnitedStates.(d)causeadeteriorationofU.S.termsoftrade.(e)raisetheworldpriceofthegoodimportedbytheUnitedStates.8.IfSloveniaisasmallcountryinworldtrade,thenifitimposesalargeseriesoftariffsonmanyofitsimports,thiswould(a)havenoeffectonitstermsoftrade.(b)improveitstermsoftrade.3(c)deteriorateitstermsoftrade.(d)decreaseitsmarginalpropensitytoconsume.(e)Noneoftheabove.9.ThesimultaneousexportandimportofwidgetsbytheUnitedStatesisanexampleof(a)increasingreturnstoscale.(b)imperfectcompetition.(c)intra-industrytrade.(d)inter-industrytrade.(e)Noneoftheabove.10.Whenagovernmentallowsrawmaterialsandotherintermediateproductstoenteracountrydutyfree,thisgenerallyresultsina(an)(a)effectivetariffratelessthanthenominaltariffrate.(b)nominaltariffratelessthantheeffectivetariffrate.(c)riseinbothnominalandeffectivetariffrates.(d)fallinbothnominalandeffectivetariffrates.(e)Noneoftheabove.11.Whichofthefollowingpoliciespermitsaspecifiedquantityofgoodstobeimportedatonetariffrateandahighertariffratetoimportsabovethisquantity?(a)Importtariff(b)Voluntaryexportsrestraint(c)Tariffquota(d)Advalorumtariff(e)Noneoftheabove.12.Whichoneofthefollowingstatementsisthemostaccurate?(a)Adepreciationofacountry’scurrencymakesitsgoodscheaperforforeigners.(b)Adepreciationofacountry’scurrencymakesitsgoodsmoreexpensiveforforeigners.(c)Adepreciationofacountry’scurrencymakesitsgoodscheaperforitsownresidents.(d)Adepreciationofacountry’scurrencymakesitsgoodscheaper.(e)Noneoftheabove.13.Forwardandspotexchangerates(a)Arenecessarilyequal(b)Donotmovecloselytogether(c)Theforwardexchangerateisalwaysabovethespotexchangerate.(d)Whilenotnecessarilyequal,domovecloselytogether.(e)Noneoftheabove.14.Foragivenlevelof(a)nominalGNP,changesininterestratescausemovementsalongtheL(R,Y)schedule.(b)realGNP,changesininterestratescauseadecreaseoftheL(R,Y)schedule.(c)realGNP,changesininterestratescauseanincreaseoftheL(R,Y)schedule.(d)nominalGNP,changesininterestratescauseanincreaseintheL(R,Y)schedule.4(e)realGNP,changesininterestratescausemovementsalongtheL(R,Y)schedule.15.Anincreaseinacountry’smoneysupplycauses(a)itscurrencytoappreciateintheforeignexchangemarketwhileareductioninthemoneysupplycausesitscurrencytodepreciate.(b)itscurrencytodepreciateintheforeignexchangemarketwhileareductioninthemoneysupplycausesitscurrencytoappreciate.(c)noeffectonthevaluesofitcurrencyininternationalmarkets.(d)itscurrencytodepreciateintheforeignexchangemarketwhileareductioninthemoneysupplycausesitscurrencytofurtherdepreciate.(e)Noneoftheabove.16.Anindividual’