国际贸易双语课程习题集.doc

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国际贸易双语课程习题集

《国际贸易》双语课程 习题集 Chapter1 Introduction Important Concepts: Specialization? Exchange rate Import quota Export industries Globalization Relatively closed economy Import-competing industries 2.?????? Choices: (1) International transactions constitute an extension of domestic transactions. In both cases, trade offers the benefits of ?????????????. a.specialization??? b.industrialization??? c.globalization??? d.tariff (2) There are a few of the differences between domestic and foreign trade. Which one is NOT included? a.Exchange Rates? b.Commercial Policies? c.Marketing Considerations? d.Aggregate Measures (3) Commodity trade is not the only component of international transactions that has expanded rapidly. So do international ??????????transactions. a.industrial products?? b.agricultural products??? c.service??? d.raw materials 3.?????? Review Questions (1) Distinguish between (a) export industries,(b) import-competing industries, and (c) nontraded goods. Give examples of each. (2) Japanese labor productivity is roughly the same as that of the United States in the manufacturing sector (higher in some industries, lower in others), while the United States is still considerably more productive in the service sector. But most services are nontraded. Some analysts have argued that this poses a problem for the United States, because our comparative advantage lies in things we cannot sell on world markets. What is wrong with this argument? (3) Evaluate the statement, The United States is a closed economy, hence foreign trade is of no consequence to it. Chapter2 International trade theories 1.?Important Concepts Comparative advantage Absolute advantage Factor proportions (or endowment) theory Product cycle Inter-industry trade Intra-industry trade Capital-intensive products Capital-abundant country Monopolistic competition Factor price equalization Leontief scarce-factor paradox 2.?Choices (1) The principle of comparative advantage was enunciated early in the nineteenth ce

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