第01章 国际经济(英文习题)

第01章  国际经济(英文习题)
第01章  国际经济(英文习题)

SINGLE CHOICE QUESTIONS

()1. A primary reason why nations conduct international trade is because:

a. Some nations prefer to produce one thing while others produce other things

b. Resources(资源)are not equally distributed(分配)among all trading nations(贸易国)

c. Trade enhances opportunities to accumulate(积累)profits

d. Interest rates(利率)are not identical in all trading nations

()2. A main advantage of specialization(专业化)results from:

a. Economies of large-scale production

b. The specializing country behaving as a monopoly(垄断者)

c. Smaller production runs(运作)resulting in lower unit costs

d. High wages paid to foreign workers

()3. International trade forces domestic firms to become more competitive in terms of:

a. The introduction of new products

b. Product design and quality

c. Product price

d. All of the above

()4.The movement to free international trade is most likely to generate short-term unemployment(失业)in which industries?

a. Industries in which there are neither imports(进口)nor exports(出口)

b. Import-competing industries(进口竞争行业)

c. Industries that sell to domestic and foreign buyers

d. Industries that sell to only foreign buyers

()5.How much physical output(实物产出) a worker produces in an hour’s work depends on:

a. The worker’s motivation(动力)and skill

b. The technology, plant, and equipment in use

c. How easy the product is to manufacture

d. All of the above

()6.Increased foreign competition tends to:

a. Intensify(加剧)inflationary pressures(通胀压力)at home

b. Induce(导致)falling output per worker-hour for domestic workers

c. Place constraints(限制)on the wages of domestic workers

d. Increase profits of domestic import-competing industries(进口竞争部门)

()7.A firm’s __________, relative to that of other firms, is generally regarded as the most important determinant(决定因素)of competitiveness(竞争力).

a. Income level

b. Tastes and preferences(偏好)

c. Environmental regulation(环境管制)

d. Productivity(生产效率)

()8.Free traders maintain(主张)that an open economy(开放经济)is advantageous in that it provides all of the following except:

a. Increased competition for world producers

b. A wider selection of products for consumers

c. The utilization(利用)of the most efficient production methods

d. Relatively high wage levels for all domestic workers

()9.International trade in goods and services tends to:

a. Increase all domestic costs and prices

b. Keep all domestic costs and prices at the same level

c. Lessen(减少)the amount of competition facing home manufacturers(国内生产商)

d. Increase the amount of competition facing home manufacturers

()10.A sudden shift(转变)from import tariffs(进口税)to free trade may induce(引起)short-term unemployment in:

a. Import-competing industries(进口竞争行业)

b. Industries that are only exporters

c. Industries that sell domestically as well as export

d. Industries that neither import nor

export

()11. A closed economy(封闭经济)is one in which:

a. Imports exactly equal exports, so that trade is balanced(贸易平衡)

b. Domestic firms invest(投资)in industries overseas

c. The home economy is isolated(使分离)from foreign trade

d. Saving(储蓄)exactly equals investment(投资)at full employment(充分就业)

()12. Relative to countries with low ratios of exports to gross domestic product (国内生产总值,GDP), countries having high export to gross domestic product ratios are______ vulnerable(易受

影响的)to changes in the world market.

a. Less

b. More

c. Equally

d. Any of the above

()13.Recent pressures for protectionism(保护主义)in the United States have been motivated(促动,激发)by all of the following except:

a. U.S. firms shipping component(零件)production overseas

b. High profit levels for American corporations

c. Sluggish(迟缓的,不活跃的)rates of productivity growth in the United States

d. High unemployment rates among American workers

TRUE-FALSE QUESTIONS

()1.Opening the economy to international trade tends to lessen inflationary pressures at home.

()2.The benefits of international trade accrue(增加)in the forms of lower domestic prices, development of less efficient methods and new products, and a greater range of consumption

choices.

()3. In an open trading system, a country will import those commodities that it produces at relatively low cost while exporting commodities that can be produced at relatively high cost.

()4.Although free trade provides benefits for consumers, it is often argued that import protection should be provided to domestic producers of strategic goods(战略物资)and materials vital(至

关重要的)to the nation’s security(安全).

()5.In the long run, competitiveness depends on an industry’s natural resources(自然资源), its stock of machinery and equipment, and the skill of its workers in creating goods that people want to buy.

()6.Increased foreign competition tends to increase profits of domestic import-competing companies (进口竞争行业).

国际经济学英文题库(最全版附答案)

【国际经济学】英文题库 Chapter 1: Introduction Multiple-Choice Questions 1. Which of the following products are not produced at all in the United States? *A. Coffee, tea, cocoa B. steel, copper, aluminum C. petroleum, coal, natural gas D. typewriters, computers, airplanes 2. International trade is most important to the standard of living of: A. the United States *B. Switzerland C. Germany D. England 3. Over time, the economic interdependence of nations has: *A. grown B. diminished C. remained unchanged D. cannot say 4. A rough measure of the degree of economic interdependence of a nation is given by: A. the size of the nations' population B. the percentage of its population to its GDP *C. the percentage of a nation's imports and exports to its GDP D. all of the above 5. Economic interdependence is greater for: *A. small nations

国际经济学(英文版)

Chapter 13 Balance of Payment 13.1 Introduction International finance: examination of the monetary aspects of international economics Balance of Payment: a summary statement in which all the transactions of the nation’s residents with the foreigners are recorded during a certain period. Main purpose of BOP: inform the government of the international position of the nation; to help it in its monetary, fiscal and trade policies. BOP traits: The BOP aggregates all the trades into a few categories Only the net balance of each type of international capital flow is included International transaction: Exchange of a good, service or assets between the residents of two nations. Gifts and certain transfers + International Transactions People Concerning BOP: Diplomats, soldiers, tourists and workers belong to motherland Corporation: motherland/ foreign branches: local International institutions: nowhere 13.2 BOP Accounting Principles Credit transactions: involve the receipt of payments from foreigners + Exports, unilateral transfers and goods received, capital inflow Capital inflow: an increase in foreign assets in the nation/本国持有外国资产上升 a reduction in the nation’s assets abroad/本国在外资产减少 Debit transactions: involve the making of payments to the foreigners - Imports, unilateral transfers or gifts paid, capital outflow Capital Outflow: an increase in the nation’s assets abroad a reduction in foreign assets in the nation Double-Entry Bookkeeping: each international transaction is recorded twice, once as a credit and once as a debit of an equal amount. 5 Examples in Textbooks 13.3 The International Transactions of the USA rounding. The official reserve assets: ?Gold holdings of monetary authorities黄金储备 ?Special Drawing Rights特别提款权(paper gold) International reserves created on the books of the IMF and distributed to member nations according to importance in international trade ?The reserve position in the IMF在IMF的头寸 The reserves paid in by the nation on joining the IMF, which the nation can then borrow automatically and without questions asked in case of need ?The official foreign currency holdings of monetary authorities外汇储备 Statistical Discrepancy: This is required to make the total credits equal to the total debits, as required by double-entry bookkeeping. 13.4 Accounting Balances and Disequilibrium in International Transactions Autonomous transactions: transactions in current account + capital account Take place for business or profit motives and independently of BOP considerations Items above the line Current account: All sales and purchases of currency produced goods and services, investment incomes, and unilateral transfers Link between the nation’s international transactions and its national income Current account surplus stimulates domestic production and income. Current account deficit dampens domestic production and income. Capital account: The changes in US-owned assets abroad and foreign-owned assets in the US other than official reserve assets Change in reserves reflects government policy rather than the market force. Accommodating transactions: Transactions in official reserve assets Items below the line The accommodating items form the Official Reserve Account. The balance on the official reserve account is called the Official Settlements Balance. Deficit in the BOP: The excess of debits over credits in the current and capital accounts The excess of credits over debits in official reserve account Surplus in the BOP: The excess of debits over credits in official reserve account The excess of credits over debits in the current and capital accounts

国际经济学题库

International Economics, 8e (Krugman) Chapter 14 Money, Interest Rates, and Exchange Rates 14.1 Money Defined: A Brief Review 1) The exchange rate between currencies depends on A) the interest rate that can be earned on deposits of those currencies. B) the interest rate that can be earned on deposits of those currencies and the expected future exchange rate. C) the expected future exchange rate. D) national output. E) None of the above. Answer: B Question Status: Previous Edition 2) Money serves as A) a medium of exchange. B) a unit of account. C) a store of value. D) All of the above. E) Only A and B. Answer: D Question Status: Previous Edition 3) Money includes A) currency. B) checking deposits held by households and firms. C) deposits in the foreign exchange markets. D) Both A and B. E) A, B, and C. Answer: D Question Status: Previous Edition 4) In the United States at the end of 2006, the total money supply, M1, amounted to approximately A) 10 percent of that year's GNP. B) 20 percent of that year's GNP. C) 30 percent of that year's GNP. D) 40 percent of that year's GNP. E) 50 percent of that year's GNP. Answer: A Question Status: Previous Edition 5) What are the main functions of money? Answer: Money serves in general three important functions: a medium of exchange; a unit of account; and a store of value. As a medium of exchange, money avoids going back to a barter economy, with the enormous search costs connected with it. As a unit of account, the use of money economizes on the number of prices an individual faces. Consider an economy with N goods, then one needs only (N - 1) prices. As a store of value, the use of money in general ensures that you can transfer wealth between periods. Question Status: Previous Edition

国际经济学期末考试卷及答案

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