中南财大 国际经济学双语期末试卷.doc

中南财大 国际经济学双语期末试卷.doc

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中南财大 国际经济学双语期末试卷

中南财经政法大学——学年第—-学期期末考试试卷 国际经济学(闭卷)卷 学院 专业 年级 班级 课堂号 姓名 一 二 三 四 五 六 总 分 得分 评卷人 Multiple Choice Questions(单选,共20题,每题2分) 1, Under Ricardian model, If one countrys wage level is very high relative to the others (the relative wage exceeding the relative productivity ratios), then ( ) it is not possible that producers in each will find export markets profitable. it is not possible that consumers in both countries will enhance their respective welfares through imports. it is not possible that both countries will find gains from trade. it is possible that both will enjoy the conventional gains from trade. 2, According to Ricardo, a country will have a comparative advantage in the product in which its ( ) labor productivity is relatively low. labor productivity is relatively high. labor mobility is relatively low. labor mobility is relatively high. 3, If Australia has more land per worker, and Belgium has more capital per worker, then if trade were to open up between these two countries, ( ) Australia would export the land-intensive product. Belgium would import the capital-intensive product. Both countries would export some of each product. Trade would not continue since Belgium is a smaller country. 4, Under The Specific Factors model, At the production point the production possibility frontier is tangent to a line whose slope is ( ) the price of manufactures. the relative wage. the real wage. the relative price of manufactures. 5, The Heckscher-Ohlin model predicts all of the following except: which country will export which product. ( ) which factor of production within each country will gain from trade. the volume of trade. that wages will tend to become equal in both trading countries. 6, If PC / PF were to increase in the international marketplace, then ( ) all countries would be better off. the terms of trade of

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