《国际经济学》第08章在线测试
国际经济学试题及答案(题库)

国际经济学试题及答案(题库)国际经济学习题集及参考答案一、填空、选择、判断题(每题1分):第一章:1、国际贸易理论以微观经济学原理为基础,讨论世界范围内的资源配置问题。
2、最常用国际贸易模型的结构形式为两个国家、两种产品(或部门)和两种要素。
3、在完竞争的假设前提下,封闭条件下的相对价格是国际贸易产生的基础。
4、国家间的供给、需求方面的差异是造成相对价格的根源。
5、贸易后,国际均衡价格由两国的供需共同决定,国际均衡价格处于两国封闭下的相对价格之间。
6、国际贸易利益包括两个部分:来自交换的利益和来自专业化的利益。
7、贸易理论主要围绕三个问题展开:国际贸易的格局、国际贸易的条件、国际贸易的收益。
第二章:1、斯密的绝对优势论认为国际贸易的基础是各国之间劳动生产率的绝对差别;李嘉图的比较优势论认为国际贸易的基础是各国之间劳动生产率的相对差别。
2、哈伯勒首先用机会成本概念来阐明比较优势论。
3、重商主义者提倡的国家经济政策有:限制进口和鼓励出口,采取奖金、退税、协定和殖民地贸易等措施鼓励出口。
4、李嘉图认为在国际贸易中起决定作用的不是绝对成本,而是相对成本。
5、斯密的绝对优势论认为国际贸易的基础是各国之间劳动生产率的绝对差别;劳动生产率的比较优势论认为国际贸易的基础是各国之间劳动生产率的相对差别。
6、在李嘉图模型中,生产可能性边界线方程是一个线性方程式,表示A、B两国的PPF曲线是一条直线段。
7、重商主义者提倡的国家经济政策有:限制进口和鼓励出口,采取奖金、退税、协定和殖民地贸易等措施鼓励出口。
8、李嘉图认为在国际贸易中起决定作用的不是绝对成本,而是相对成本。
9、机会成本概念表明:彼种选择的机会成本就构成此种选择的机会成本。
选择题:1、首先用机会成本理论来解释比较优势原理的学者是: C、A、李嘉图B、罗布津斯基C、哈伯勒D、穆勒第三章:1、要素禀赋理论最初是由赫克歇尔和俄林提出的,后经萨缪尔森等人加工不断完善。
国际经济学第九版英文课后答案第8单元

国际经济学第九版英文课后答案第8单元*CHAPTER 8 (Core Chapter)TRADE RESTRICTIONS: TARIFFSOUTLINE8.1 Introduction8.2 Partial Equilibrium Analysis of a T ariffCase Study 8-1: Average Tariff on Non-Agricultural Products in Major Developed CountriesCase Study 8-2: Average Tariff on Non-Agricultural Products in Some MajorDeveloping Countries8.2a Partial Equilibrium Effects of a Tariff8.2b Effects of a Tariff on Producer and Consumer Surplus8.2c Costs and Benefits of a TariffCase Study 8-3: The Welfare Effects of Liberalizing Trade in Some U.S. Products Case Study 8-4: The Welfare Effects of Liberalizing Trade in Some EU Products 8.3 The Theory of Tariff Structure8.3a The Rate of Effective Protection8.3b Generalization and Evaluation of the Theory of Effective ProtectionCase Study 8-5: Rising Tariff Rates with Degree of Domestic ProcessingCase Study 8-6: Structure of Tariffs on Industrial Products in U.S., EU, Japan, and Canada8.4 General Equilibrium Analysis of a T ariff in a Small Country8.4a General Equilibrium Effects of a T ariff in a Small Country8.4b Illustration of the Effects of a Tariff in a Small Country8.4c The Stolper-Samuelson Theorem8.5 General Equilibrium Analysis of a Tariff in a Large Country8.5a General Equilibrium Effects of a T ariff in a Large Country8.5b Illustration of the Effects of a Tariff in a Large Country8.6 The Optimum Tariff8.6a The Meaning of the Concept and Retaliation8.6b Illustration of the Optimum Tariff and RetaliationAppendix: A8.1 Partial Equilibrium Effects of a Tariff in a Large NationA8.2 Derivation of the Formula for the Rate of Effective ProtectionA8.3 The Stolper-Samuelson Theorem GraphicallyA8.4 Exception to the Stolper-Samuelson Theorem - The MetzlerParadoxA8.5 Short-run Effect of a Tariff on Factors' IncomeA8.6 Measurement of the Optimum T ariffKey TermsTrade or commercial policies Consumer surplusImport tariff Rent or producer surplusExport tariff Protection cost or deadweight loss of a tariff Ad valorem tariff Nominal tariffSpecific tariff Rate of effective protectionCompound tariff Domestic value addedConsumption effect of a tariff Prohibitive tariffProduction effect of a tariff Stolper-Samuelson theoremTrade effect of a tariff Metzler paradoxRevenue effect of a tariff Optimum tariffLecture Guide1.I would cover sections 1 and 2 and assign problems 1-2 in the first lecture. Themost difficult part of section 2 is the meaning and measurement of consumer and producer surplus. Since a clear understanding of the meaning and measurementof consumer and producer surplus is crucial in evaluating the effect of tariffs, Iwould explain t hese concepts very carefully.2.I would then cover section 3 and assign problems 3-6 in the second lecture. Thetheory of tariff structure is also very difficult and important, and so I would alsoexplain this concept very carefully. I found that the best way to explain it is byusing the simple example used in the text of the suit with and without importedinputs.3.The rest of the chapter can be skipped without loss of continuity by thoseInstructors who do not wish to cover the general equilibrium effects of tariffs. 4.For those Instructors who wish to cover the rest of the chapter, I would take upanother two lectures to do so. I would also assign and grade problems 8-14 tomake sure that students understand the material.5.In covering section 8.4, I would pay special attention to the explanation of Figure8-5 and to the Stolper-Samuelson theorem.6.In covering Section 8.6, please note that the optimum tariff can only be discussedintuitively without trade indifference curves (examined in Appendix A8.6). Answer to Problems1.a) Consumption is 70Y, production is 10Y and imports are 60Y (see Figure 1 onthe next page).b) Consumption is 60Y, production is 20Y and imports are 40Y (see Figure 1).c) The consumption effect is -10Y, the production effect is +10Y, the trade effectis -20Y and the revenue effect is $40 (see Figure 1).2. a) The consumer surplus is $245 without and $l80 with the tariff (see Figure 1).b)Of the increase in the revenue of producers with the tariff (as compared withtheir revenues under free trade), $l5 represents the increase in production costsand another $15 represents the increase in rent or producer surplus (see Figure1).c) The dollar value or the protection cost of the tariff is $l0 (see Figure 1).3. This will increase the rate of effective protection in the nation.4. a) g = 0.4 - (0.5)(0.4) = 0.4 - 0.2 = 0.2 = 40%1.0 - 0.5 0.5 0.55. a) g=60%b) g=80%c) g=0d) g=20%6. a) g=70%b) See the first paragraph of section 8.3b.7. See Figure 2.8.When Nation 1 (assumed to be a small nation) imposes an import tariff oncommodity Y, the real income of labor falls and that of capital rises.9.Py/Px rises for domestic producers and consumers. As production of Y (the K-intensive commodity) rises and that of X falls, the demand and income of K rises and that of L falls. Therefore, r rises and w falls.10.If Nation 1 were instead a large nation, then Nation 1's terms of trade rise and thereal income of L may also rise.India is more likely to restrict imports of K-intensive commodities in which India has a comparative disadvantage and this is likely to increase the return to capitaland reduce the return to labor according to the Stolper-Samuelson theorem.12. See Figure 3 on the previous page.13. See Figure 4.14. a) The volume of trade may shrink to zero (the origin of offer curves).App. 1. The more elastic S H and S F are, the lower is the free trade priceof the commodity and the lower is the increase in the domesticprice of the commodity as a result of the tariff.App. 2a. The supply curve of the nation for the commodity shifts upand to the left (as with the imposition of any tax); this does not affectthe consumption of the commodity with free trade, but it reducesdomestic production and increases imports of the commodity; italso increases the revenue effect and reduces producers' surplus.b)The imposition of a tariff on imported inputs going into the domestic productionof the commodity will have no effect on the size of the protection cost ordeadweight loss.App. 3. See Figure 5 (on the next page).App. 4. See Figure 6.App. 5. Real w will fall in terms of Y and rise in terms of X. On theother hand, r eal r will rise in terms of Y and fall in terms of X. Thiscan be seen by drawing a figure similar to Figure 8-10, but with theVMPLy curve shifting upward.App. 6a. See Figure 7.c) After Nation 1 has imposed an optimum tariff and Nation2 has retaliatedwith an optimum tariff of its own, the approximate terms of trade for Nation1 is 0.8, while the approximate terms of trade of Nation2 is 1.25.d) Nation 1's welfare declines from the reduction in the volume and in the termsof trade. Although nation 2's terms of trade are higher than under free trade,the volume of trade has shrunk so much that nation 2's welfare is also likelyto be lower than under free trade.Multiple-choice Questions1. Which of the following statements is incorrect?a. An ad valorem tariff is expressed as a percentage of the value of the traded commodityb. a specific tariff is expressed as a fixed sum of the value of the traded commodity.c. export tariffs are prohibited by the U.S. Constitution*d. The U.S. uses exclusively the specific tariff2. A small nation is one:a. which does not affect world price by its tradingb. which faces an infinitely elastic world supply curve for its import commodityc. whose consumers will pay a price that exceeds the world price by the amount of the tariff*d. all of the above3. If a small nation increases the tariff on its import commodity, its:a. consumption of the commodity increasesb. production of the commodity decreasesc. imports of the commodity increase*d. none of the above4.The increase in producer surplus when a small nation imposes a tariff is measured bythe area:*a. to the left of the supply curve between the commodity price with and without the tariffb. under the supply curve between the quantity produced with and without the tariffc. under the demand curve between the commodity price with and without the tariffd. none of the above.5. If a small nation increases the tariff on its import commodity:*a. the rent of domestic producers of the commodity increasesb. the protection cost of the tariff decreasesc. the deadweight loss decreasesd. all of the above6.Which of the following statements is incorrect with respect to the rate of effectiveprotection?a. for given values of ai and ti, g is larger the greater is tb. for a given value of t and ti, g is larger the greater is a ic. g exceeds, is equal to or is smaller than t, as t i is smaller than, is equal to or is larger than t*d. when a i t i exceeds t, the rate of effective protection is positive7. With a i=50%, t i=0, and t=20%, g is:*a. 40%b. 20%c. 80%d. 08. The imposition of an import tariff by a small nation:*a. increases the relative price of the import commodity for domestic producers and consumersb. reduces the relative price of the import commodity for domestic producers and consumersc. increases the relative price of the import commodity for the nation as a wholed. any of the above is possible9. The imposition of an import tariff by a small nation:a. increases the nation's welfare*b. reduces the nation's welfarec. leaves the nation's welfare unchangedd. any of the above is possible10. According to the Stolper-Samuelson theorem, theimposition of a tariff by a nation:a. increases the real return of the nation's abundant factor*b. increases the real return of the nation's scarce factorc. reduces the real return of the nation's scarce factord. any of the above is possible11. The imposition of an import tariff by a nation results in:a. an increase in relative price of the nation's import commodityb. an increase in the nation's production of its importable commodityc. reduces the real return of the nation's abundant factor*d. all of the above12. The imposition of an import tariff by a nation can be represented by a rotation of the: *a. nation's offer curve away from the axis measuring the commodity of its comparative advantageb. the nation's offer curve toward the axis measuring the commodity of its comparative advantagec. the other nation's offer curve toward the axis measuring the commodity of its comparative advantaged. the other nation's offer curve away from the axis measuring the commodity of its comparative advantage13. The imposition of an import tariff by a large nation:a. increases the nation's terms of tradeb. reduces the volume of tradec. may increase or reduce the nation's welfare*d. all of the above14. The imposition of an optimum tariff by a large nation:a. improves its terms of tradeb. reduces the volume of tradec. increases the nation's welfare*d. all of the above15. The optimum tariff for a small nation is:a. 100%b. 50%*c. 0d. depends on elasticities。
《国际经济学》篇章精选练习题与答案

第1章绪论重点问题:国际经济学的产生、发展、对象及其其他经济学科的关系单选1.国际经济学分析的最基本的出发点是(B)A经济增长 B经济自然增长 C制度创新的经济增长 D经济发展2.经济发展是(D)A经济结构的变革 B社会和政治体制的变革 C经济自然增长 D制度创新的经济增长3.国际经济最基本的出发点是(B )A社会分工 B国际分工 C产业分工 D产业之间的分工和合作4.国际经济交往的主要方式是(A)A生产要跨国界流动 B国际分工 C商品跨国界流通 D开放经济第2章古典国际贸易理论重点问题:绝对利益说的基本容及其评价比较利益说的基本容及其评价单选1.在斯密的绝对优势贸易理论中,(C)。
A所有产品均具有绝对优势的国家最终将获得全部黄金和B具有绝对优势的国家将获得大量贸易余额C如果两个国家分别出口本国劳动成本相对较低的产品,将同时从贸易中获益D如果一国不用关税壁垒保护本国产业,将丧失绝对优势2.嘉图的比较优势理论指出,(B)。
A贸易导致不完全专业化B即使一个国家不具有绝对成本优势,也可以从出口绝对成本劣势相对较小的产品中获益C与不具备绝对成本优势的国家相比,具有绝对成本优势的国家可以从贸易中获利更多D只有具备比较优势的国家才能获得贸易余额3.如果一个阿根廷工人能生产3蒲式耳小麦或1辆汽车,而一个巴西工人能生产4蒲式耳小麦或2辆汽车,则(D)。
A巴西在小麦和汽车生产上都具有绝对优势,而阿根廷没有比较优势B阿根廷在小麦和汽车生产上都具有绝对优势,而巴西没有比较优势C巴西在小麦和汽车生产上都具有绝对优势,而阿根廷在汽车生产上具有比较优势D巴西在小麦和汽车生产上都具有绝对优势,而阿根廷在小麦生产上具有比较优势4.根据比较优势原理的政策经验,一国从国际贸易中获益的条件是(B)。
A制造大量出口顺差 B以较低的机会成本进口商品而不是在国生产C本国比贸易伙伴强大 D本国相对于贸易伙伴具备绝对效率优势5.比较利益理论认为国际贸易的驱动力是( A )A.劳动生产率的差异B.技术水平的差异C.产品品质的差异D.价格的差异6.在比较利益模型中,两种参与贸易商品的国际比价( C )A.在两国贸易前的两种商品的国比价之上B.在两国贸易前的两种商品的国比价之下C.在两国贸易前的两种商品的国比价之间D.与贸易前的任何一个国家的国比价相同简答:1.请从国际贸易实际出发评价绝对利益说 P20斯密的绝对利益学说揭示了在自由市场经济条件下,国际贸易产生的原因在于两国之间劳动生产率的绝对差异,按照绝对利益学说的原则进行国际分工,贸易的参与者与整个世界会因此而获得利益。
克鲁格曼《国际经济学》(第8版)课后习题详解

克鲁格曼《国际经济学》(第8版)课后习题详解克鲁格曼《国际经济学》(第8版)课后习题详解第1章绪论本章不是考试的重点章节,建议读者对本章内容只作大致了解即可,本章没有相关的课后习题。
第1篇国际贸易理论第2章世界贸易概览一、概念题1>(发展中国家(developing countries)答:发展中国家是与发达国家相对的经济上比较落后的国家,又称“欠发达国家”或“落后国家”。
通常指第三世界国家,包括亚洲、非洲、拉丁美洲及其他地区的130多个国家。
衡量一国是否为发展中国家的具体标准有很多种,如经济学家刘易斯和世界银行均提出过界定发展中国家的标准。
一般而言,凡人均收入低于美国人均收入的五分之一的国家就被定义为发展中国家。
比较贫困和落后是发展中国家的共同特点。
2>(服务外包(service outsourcing)答:服务外包是指企业将其非核心的业务外包出去,利用外部最优秀的专业化团队来承接其业务,从而使其专注于核心业务,达到降低成本、提高效率、增强企业核心竞争力和对环境应变能力的一种管理模式。
20世纪90年代以来,随着信息技术的迅速发展,特别是互联网的普遍存在及广泛应用,服务外包得到蓬勃发展。
从美国到英国,从欧洲到亚洲,无论是中小企业还是跨国公司,都把自己有限的资源集中于公司的核心能力上而将其余业务交给外部专业公司,服务外包成为“发达经济中不断成长的现象”。
3>(引力模型(gravity model)答:丁伯根和波伊赫能的引力模型基本表达式为:其中,是国与国的贸易额,为常量,是国的国内生产总值,是国的国内生产总值,是两国的距离。
、、三个参数是用来拟合实际的经济数据。
引力模型方程式表明:其他条件不变的情况下,两国间的贸易规模与两国的GDP成正比,与两国间的距离成反比。
把整个世界贸易看成整体,可利用引力模型来预测任意两国之间的贸易规模。
另外,引力模型也可以用来明确国际贸易中的异常现象。
4>(第三世界(third world)答:第三世界这个名词原本是指法国大革命中的Third Estate(第三阶级)。
国际经济学课程学习题集与参考答案

国际经济学习题集及参考答案一、填空、选择、判断题(每题1分):第一章:1、国际贸易理论以微观经济学原理为基础,讨论世界围的资源配置问题。
2、最常用国际贸易模型的结构形式为两个国家、两种产品(或部门)和两种要素。
3、在完竞争的假设前提下,封闭条件下的相对价格是国际贸易产生的基础。
4、国家间的供给、需求方面的差异是造成相对价格的根源。
5、贸易后,国际均衡价格由两国的供需共同决定,国际均衡价格处于两国封闭下的相对价格之间。
6、国际贸易利益包括两个部分:来自交换的利益和来自专业化的利益。
7、贸易理论主要围绕三个问题展开:国际贸易的格局、国际贸易的条件、国际贸易的收益。
第二章:1、斯密的绝对优势论认为国际贸易的基础是各国之间劳动生产率的绝对差别;嘉图的比较优势论认为国际贸易的基础是各国之间劳动生产率的相对差别。
2、哈伯勒首先用机会成本概念来阐明比较优势论。
3、重商主义者提倡的国家经济政策有:限制进口和鼓励出口,采取奖金、退税、协定和殖民地贸易等措施鼓励出口。
4、嘉图认为在国际贸易中起决定作用的不是绝对成本,而是相对成本。
5、斯密的绝对优势论认为国际贸易的基础是各国之间劳动生产率的绝对差别;劳动生产率的比较优势论认为国际贸易的基础是各国之间劳动生产率的相对差别。
6、在嘉图模型中,生产可能性边界线方程是一个线性方程式,表示A、B两国的PPF曲线是一条直线段。
7、重商主义者提倡的国家经济政策有:限制进口和鼓励出口,采取奖金、退税、协定和殖民地贸易等措施鼓励出口。
8、嘉图认为在国际贸易中起决定作用的不是绝对成本,而是相对成本。
9、机会成本概念表明:彼种选择的机会成本就构成此种选择的机会成本。
选择题:1、首先用机会成本理论来解释比较优势原理的学者是: C、A、嘉图B、罗布津斯基C、哈伯勒D、穆勒第三章:1、要素禀赋理论最初是由赫克歇尔和俄林提出的,后经萨缪尔森等人加工不断完善。
2、要素禀赋理论由H-O定理、要素价格均等化定理和罗伯津斯基定理、斯托伯-萨缪尔森定理等构成3、要素价格均等化理论指出国际贸易通过商品价格的均等化会导致要素价格的均等化,从而在世界围实现资源的最佳配置。
《国际经济学》篇章练习题及答案

《国际经济学》篇章练习题及答案《国际经济学》篇章练习题及答案无论在学习或是工作中,我们或多或少都会接触到练习题,做习题有助于提高我们分析问题和解决问题的能力。
大家知道什么样的习题才是规范的吗?下面是小编收集整理的《国际经济学》篇章练习题及答案,仅供参考,大家一起来看看吧。
《国际经济学》篇章练习题及答案1单选1.中国在东北生产、出口水泥而华南从泰国进口水泥,属于(A)A同质的产业内贸曟B水平差异的产业内贸易C技术差异的产业内贸易D垂直差异的产业内贸易2.中国一方面吸引外国银行在华投资,经营金融业务,另一方面又在世界其他国家和地区投资分行、分公司,从事当地的金融、保险业务,属于(A)A同质的产业内贸易B水平差异的产业内贸易C技术差异的产业内贸易D垂直差异的产业内贸易3.欧洲一些国家在本国电力事从邻国进口,而在本国不太需要时出口供邻国使用,形成(A)A同质的产业内贸易B水平差异的产业内贸易C技柟差异的产业内贸易D垂直差异的产业内贸易4.欧盟的空中飞机在不同欧盟成员国内分工制造、组装的,零部件、整机的进出口,属于(A)A同质的产业内贸易B水平差异的产业内贸易C技术差异的产业内贸易D垂直差异的产业内贸易5.一些国家进口自己偏好但又没有大量原料进行生产的服装,而出口自己有丰富原料生产的衣服,属于(B)A同质的产业内贸易B水平差异的产业内贸易C技术差异的产业内贸易D垂直差异的产业内贸易6.中国既是世界上列于前位的IT产品的生产与出口国,但同时是高科技IT产品的进口国,属于(C)A同质的产业内贸易B水平差异的产业内贸易C技术差异的产业内贸易D垂直差异的产业内贸易7.发达国家在出口高档豪华车的同时,从其他发展中国家进口一些中、低质量的同类产品,属于(D)A同质的产业内贸易B水平差异的产业内贸易C技术差异的产业内贸易D垂直差异的产业内贸易8.新H-O模型解释的国际贸易类型是(D)A同质的产业内贸易B水平差异的产业内贸曟C技术差异的产业内贸易D垂直差异的产业内贸易9.克鲁格曼认为,产生产业内贸易的根本原因是(B)A差异产品的可选择性B规模经济C收入相似D经济发展水平相同10.林德需求重叠理论(B)。
克鲁格曼《国际经济学》第八版课后答案(英文)-Ch08

Chapter 8The Instruments of Trade PolicyChapter OrganizationBasic Tariff AnalysisSupply, Demand, and Trade in a Single IndustryEffects of a TariffMeasuring the Amount of ProtectionCosts and Benefits of a TariffConsumer and Producer SurplusMeasuring the Costs and BenefitsOther Instruments of Trade PolicyExport Subsidies: TheoryCase Study: Europe’s Common Agricultural PolicyImport Quotas: TheoryCase Study: An Import Quota in Practice: U.S. SugarVoluntary Export RestraintsCase Study: A Voluntary Export Restraint in Practice: Japanese Autos Local Content RequirementsBox: American Buses, Made in HungaryOther Trade Policy InstrumentsThe Effects of Trade Policy: A SummarySummaryAppendix I: Tariff Analysis in General EquilibriumA Tariff in a Small CountryA Tariff in a Large CountryAppendix II: Tariffs and Import Quotas in the Presence of Monopoly The Model with Free TradeThe Model with a TariffThe Model with an Import QuotaComparing a Tariff with a QuotaChapter 8 The Instruments of Trade Policy 33Chapter OverviewThis chapter and the next three focus on international trade policy. Students will have heard various arguments for and against restrictive trade practices in the media. Some of these arguments are sound and some are clearly not grounded in fact. This chapter provides a framework for analyzing the economic effects of trade policies by describing the tools of trade policy and analyzing their effects on consumers and producers in domestic and foreign countries. Case studies discuss actual episodes of restrictive trade practices. An instructor might try to underscore the relevance of these issues by having students scan newspapers and magazines for other timely examples of protectionism at work.The analysis presented here takes a partial equilibrium view, focusing on demand and supply in one market, rather than the general equilibrium approach followed in previous chapters. Import demand and export supply curves are derived from domestic and foreign demand and supply curves. There are a number of trade policy instruments analyzed in this chapter using these tools. Some of the important instruments of trade policy include specific tariffs, defined as taxes levied as a fixed charge for each unit of a good imported; ad valorem tariffs, levied as a fraction of the value of the imported good; export subsidies, which are payments given to a firm or industry that ships a good abroad; import quotas, which are direct restrictions on the quantity of some good that may be imported; voluntary export restraints, which are quotas on trading that are imposed by the exporting country instead of the importing country; and local content requirements, which are regulations that require that some specified fraction of a good is produced domestically.The import supply and export demand analysis demonstrates that the imposition of a tariff drives a wedge between prices in domestic and foreign markets, and increases prices in the country imposing the tariff and lowers the price in the other country by less than the amount of the tariff. This contrasts with most textbook presentations which make the small country assumption that the domestic internal price equals the world price times one plus the tariff rate. The actual protection provided by a tariff willnot equal the tariff rate if imported intermediate goods are used in the production of the protected good. The proper measurement, the effective rate of protection, is described in the text and calculated for a sample problem.The analysis of the costs and benefits of trade restrictions require tools of welfare analysis. The text explains the essential tools of consumer and producer surplus. Consumer surplus on each unit sold is defined as the difference between the actual price and the amount that consumers would have been willing to pay for the product. Geometrically, consumer surplus is equal to the area under the demand curve and above the price of the good. Producer surplus is the difference between the minimum amount for which a producer is willing to sell his product and the price which he actually receives. Geometrically, producer surplus is equal to the area above the supply curve and below the price line. These tools are fundamental to the student’s understanding of the implications of trade polici es and should be developed carefully. The costs of a tariff include distortionary efficiency losses in both consumption and production. A tariff provides gains from terms of trade improvement when and if it lowers the foreign export price. Summing the areas in a diagram of internal demand and supply provides a method for analyzing the net loss or gain from a tariff.Other instruments of trade policy can be analyzed with this method. An export subsidy operates in exactly the reverse fashion of an import tariff. An import quota has similar effects as an import tariff upon prices and quantities, but revenues, in the form of quota rents, accrue to foreign producers of the protected good. Voluntary export restraints are a form of quotas in which import licenses are held by foreign governments. Local content requirements raise the price of imports and domestic goods and do not result in either government revenue or quota rents.34 Krugman/Obstfeld •International Economics: Theory and Policy, Eighth EditionThroughout the chapter the analysis of different trade restrictions are illustrated by drawing upon specific episodes. Europe’s common agricultural policy provides and example of export subsidies in action. The case study corresponding to quotas describes trade restrictions on U.S. sugar imports. Voluntary export restraints are discussed in the context of Japanese auto sales to the United States. The oil import quota in the United States in the 1960’s provides an example of a local content scheme.There are two appendices to this chapter. Appendix I uses a general equilibrium framework to analyze the impact of a tariff, departing from the partial equilibrium approach taken in the chapter. When a small country imposes a tariff, it shifts production away from its exported good and toward the imported good. Consumption shifts toward the domestically produced goods. Both the volume of trade and welfare of the country decline. A large country imposing a tariff can improve its terms of trade by an amount potentially large enough to offset the production and consumption distortions. For a large country, a tariff may be welfare improving.Appendix II discusses tariffs and import quotas in the presence of a domestic monopoly. Free trade eliminates the monopoly power of a domestic producer and the monopolist mimics the actions of a firm in a perfectly competitive market, setting output such that marginal cost equals world price. A tariff raises domestic price. The monopolist, still facing a perfectly elastic demand curve, sets output such that marginal cost equals internal price. A monopolist faces a downward sloping demand curve under a quota.A quota is not equivalent to a tariff in this case. Domestic production is lower and internal price higher when a particular level of imports is obtained through the imposition of a quota rather than a tariff.Answers to Textbook Problems1. The import demand equation, MD, is found by subtracting the home supply equation from the homedemand equation. This results in MD= 80 - 40 ⨯P. Without trade, domestic prices and quantities adjust such that import demand is zero. Thus, the price in the absence of trade is 2.2. a. Foreign’s export supply curve, XS, is XS=-40 + 40⨯P. In the absence of trade, the price is 1.b. When trade occurs, export supply is equal to import demand, XS=MD. Thus, using theequations from Problems 1 and 2a, P= 1.50, and the volume of trade is 20.3. a. The new MD curve is 80 - 40 ⨯ (P+ t) where t is the specific tariff rate, equal to 0.5. (Note: Insolving these problems, you should be careful about whether a specific tariff or ad valorem tariff is imposed. With an ad valorem tariff, the MD equation would be expressed as MD= 80 - 40 ⨯(1 + t)P.) The equation for the export supply curve by the foreign country is unchanged. Solving,we find that the world price is $1.25, and thus the internal price at home is $1.75. The volume of trade has been reduced to 10, and the total demand for wheat at home has fallen to 65 (from thefree trade level of 70). The total demand for wheat in Foreign has gone up from 50 to 55.b. andc. The welfare of the home country is best studied using the combined numerical andgraphical solutions presented below in Figure 8.1.Figure 8.1Chapter 8 The Instruments of Trade Policy 35where the areas in the figure are:a.55(1.75 - 1.50) -0.5(55 - 50)(1.75 - 1.50) = 13.125b. 0.5(55 - 50)(1.75 - 1.50) = 0.625c. (65 - 55)(1.75 - 1.50) = 2.50d. 0.5(70 - 65)(1.75 - 1.50) = 0.625e. (65 - 55)(1.50 - 1.25) = 2.50Consumer surplus change: -(a+ b+ c+ d) =-16.875. Producer surplus change: a= 13.125.Government revenue change: c+ e= 5. Efficiency losses b+ d are exceeded by terms of tradegain e. (Note: In the calculations for the a, b, and d areas, a figure of 0.5 shows up. This isbecause we are measuring the area of a triangle, which is one-half of the area of the rectangledefined by the product of the horizontal and vertical sides.)4. Using the same solution methodology as in Problem 3, when the home country is very small relativeto the foreign country, its effects on the terms of trade are expected to be much less. The smallcountry is much more likely to be hurt by its imposition of a tariff. Indeed, this intuition is shown in this problem. The free trade equilibrium is now at the price $1.09 and the trade volume is now$36.40.With the imposition of a tariff of 0.5 by Home, the new world price is $1.045, the internal home price is $1.545, home demand is 69.10 units, home supply is 50.90, and the volume of trade is 18.20.When Home is relatively small, the effect of a tariff on world price is smaller than when Home is relatively large. When Foreign and Home were closer in size, a tariff of 0.5 by home lowered world price by 25 percent, whereas in this case the same tariff lowers world price by about 5 percent. The internal Home price is now closer to the free trade price plus t than when Home was relatively large.In this case, the government revenues from the tariff equal 9.10, the consumer surplus loss is 33.51, and the producer surplus gain is 21.089. The distortionary losses associated with the tariff (areas b+ d) sum to 4.14 and the terms of trade gain (e) is 0.819. Clearly, in this small country example, the distortionary losses from the tariff swamp the terms of trade gains. The general lesson is the smaller the economy, the larger the losses from a tariff since the terms of trade gains are smaller.5. ERP = (200 ⨯ 1.50 - 200)/100 = 100%6. The effective rate of protection takes into consideration the costs of imported intermediate goods.Here, 55% of the cost can be imported, suggesting with no distortion, home value added would be 45%. A 15% increase in the price of ethanol, though, means home value added could be as high as 60%. Effective rate of protection = (V t-V w)/V w, where V t is the value added in the presence of trade policies, and V w is the value added without trade distortions. In this case, we have (60 - 45)/45 = 33% effective rate of protection.7. We first use the foreign export supply and domestic import demand curves to determine the newworld price. The foreign supply of exports curve, with a foreign subsidy of 50 percent per unit,becomes XS=-40 + 40(1 + 0.5) ⨯P. The equilibrium world price is 1.2 and the internal foreign price is 1.8. The volume of trade is 32. The foreign demand and supply curves are used to determine the costs and benefits of the subsidy. Construct a diagram similar to that in the text and calculate the area of the various polygons. The government must provide (1.8 - 1.2)⨯ 32 = 19.2 units of output to support the subsidy. Foreign producers surplus rises due to the subsidy by the amount of 15.3 units of output. Foreign consumers surplus falls due to the higher price by 7.5 units of the good. Thus, the net loss to Foreign due to the subsidy is 7.5 + 19.2 - 15.3 = 11.4 units of output. Home consumers and producers face an internal price of 1.2 as a result of the subsidy. Home consumers surplus rises by 70 ⨯ 0.3 + 0.5 (6⨯ 0.3) = 21.9, while Home producers surplus falls by 44 ⨯ 0.3 + 0.5(6 ⨯ 0.3) =14.1, for a net gain of 7.8 units of output.36 Krugman/Obstfeld •International Economics: Theory and Policy, Eighth Edition8. a. False, unemployment has more to do with labor market issues and the business cycle than withtariff policy.b. False, the opposite is true because tariffs by large countries can actually reduce world priceswhich helps offset their effects on consumers.c. This kind of policy might reduce automobile production and Mexico, but also would increase theprice of automobiles in the United States, and would result in the same welfare loss associatedwith any quota.9. At a price of $10 per bag of peanuts, Acirema imports 200 bags of peanuts. A quota limiting theimport of peanuts to 50 bags has the following effects:a. The price of peanuts rises to $20 per bag.b. The quota rents are ($20 - $10) ⨯ 50 = $500.c. The consumption distortion loss is 0.5 ⨯ 100 bags ⨯ $10 per bag = $500.d. The production distortion loss is 0.5 ⨯ 50 bags ⨯ $10 per bag = $250.10. The reason is largely that the benefits of these policies accrue to a small group of people and thecosts are spread out over many people. Thus, those that benefit care far more deeply about these policies. These typical political economy problems associated with trade policy are probably even more troublesome in agriculture, where there are long standing cultural reasons for farmers andfarming communities to want to hold onto their way of life, making the interests even moreentrenched than they would normally be.11. It would improve the income distribution within the economy since wages in manufacturing wouldincrease, and real incomes for others in the economy would decrease due to higher prices formanufactured goods. This is true only under the assumption that manufacturing wages are lower than all others in the economy. If they were higher than others in the economy, the tariff policies would worsen the income distribution.。
国际经济学测试题

国际经济学测试题1一、单项选择(将答案填在下面的表格内,1’×10=10’)1.重商主义者认为国际贸易()。
A.是一种双赢行为 B. 对其中的强国有利C.对其中的弱国有利 D. 是一种零和行为2.斯密的绝对优势理论假定增加某种产品的生产所放弃的另一种产品生产的代价是()。
A.递增的 B. 递减的C. 不变的D. 不确定的3.如果说一国的资本要素比较丰裕,就意味着()。
A. 该国的资本要素总量较多B. 该国的W/R的值较大C. 该国的K/L的值较小D. 该国的生产中较多使用技术4.根据特定要素模型,国际贸易的受损者为()。
A. 进口竞争部门的特定要素所有者B. 进口竞争部门的流动要素所有者C. 出口部门的特定要素所有者D. 出口部门的流动要素所有者5.根据产品生命周期理论,发明国的新产品出口()。
A. 在产品问世的时候即已开始B. 贯穿整个生命周期C. 是一个先增加然后逐渐减少的过程D. 以上三者都正确6. 在局部均衡分析中,与小国相比,大国征收关税的主要不同在于()。
A. 保护效应更明显B. 消费效应更明显C. 能够改善贸易条件D. 对政府税收没有影响7.如果一国在征收进口税时,对最终产品征收的关税低于中间产品,则可以使关税的实际保护效果()。
A. 增大B. 变小C. 没有影响D. 无法判断8.购买力平价理论的基础是()。
A. 粘性价格的存在B. 货币数量理论C. 马歇尔-勒纳条件D. 一价定律9.根据吸收分析法,贬值一定会()。
A. 导致国内总收入的增加B. 改善国际收支C. 促使国内货币供求重新平衡D. 上述说法都不对10. 根据斯旺图示,用来调节外部均衡的手段是()。
A. 支出转换政策B. 支出调整政策C. 本国的货币政策D. 本国的财政政策二、多项选择(将答案填在下面的表格内,1’×10=10’)1. 能够解释二战以后国际贸易流向新格局的理论包括()。
A.规模经济理论B. 产业内贸易理论C.产品差异化理论D. 需求偏好相似理论E.要素禀赋理论2. 对里昂惕夫之谜进行解释的学说包括()。
- 1、下载文档前请自行甄别文档内容的完整性,平台不提供额外的编辑、内容补充、找答案等附加服务。
- 2、"仅部分预览"的文档,不可在线预览部分如存在完整性等问题,可反馈申请退款(可完整预览的文档不适用该条件!)。
- 3、如文档侵犯您的权益,请联系客服反馈,我们会尽快为您处理(人工客服工作时间:9:00-18:30)。
《国际经济学》第08章在线测试
A B
C D
、在国际收支平衡表中,最基本最重要的项目是(
A B
C D
、分析汇率变动对国际收支的影响的收支调整理论为(
A B
C D
、按照马歇尔—勒纳条件,汇率贬值改善国际收支的条件为(
A B
C D
、下面哪种理论考虑到了国际收支中的资本和金融项目(
A B
C D
D、决策时滞
E、取代时滞
2、经常项目包括()
A、经常转移
B、非金融资产的获取
C、收入
D、商品贸易
E、服务贸易
3、导致国际收支不平衡的原因包括()
A、贸易竞争原因
B、货币原因
C、国民收入的原因
D、经济结构性原因
E、经济周期性原因
4、下面关于吸收分析法的说法正确的有()
A、当吸收增加大于产出增加时,国际收支改善
B、减少吸收可以改善国际收支
C、增加产出可以改善国际收支
D、当吸收大于产出时国际收支逆差
E、当吸收大于产出时国际收支顺差
5、根据货币分析法,减少一个国家国际收支赤字的方法包括()
A、货币贬值
B、采取扩张性的货币政策
C、采取紧缩性的货币政策
正确错误
、按照复式记账原理,每一笔国际经济交易都要分别记录在国际收支平衡表的借方和贷方。
正确错误
、一国的货币贬值后,只要满足条件,能立即改善国际收支状况。
正确错误
、货币分析法认为国际收支是一种货币现象。
正确错误
、吸收分析认为只有当一国的产出的增加超过其吸收能力的增加时,该国的国际收支才能得以改善。
正确错误。