第四章单元测试
  1. Assume both labor and capital are completely mobile, and a nation is capital rich/labor scarce. In order to increase welfare, what kind of trade policy should the government adapt?( )

  2. A:Not restrict trade, because any decline in real wages will be matched with an even larger gain by those who own capital
    B:Not restrict trade, because the real wage will eventually cycle back to the pre-trade value, eliminating any losses in the standard of living
    C:Only restrict trade that will make the real wage fall, and allow trade that will not affect wages
    D:Restrict all trade, because the standard of living will decline and people will be worse off

    答案:Not restrict trade, because any decline in real wages will be matched with an even larger gain by those who own capital

  3. Which of the following is a part of the Heckscher-Ohlin model that states international trade will bring about equalization in the returns to homogeneous factors across nations?( )

  4. A:Product cycle theory
    B:Factor-proportions theory
    C:Factor-price equalization theorem
    D:Factor-endowment theory
  5. The Heckscher-Ohlin theory is often referred to as: ( )

  6. A:Factor-endowment theory
    B:Factor-proportions theory
    C:Factor-proportions theory and Factor-endowment theory
    D:Factor-price equalization theorem
  7. Which of the following is considered to be a short-run version of the factor price equalization theory?( )

  8. A:Intra-industry trade theory
    B:Product cycle theory
    C:Specific factors theory
    D:Economies of scale theory
  9. According to the specific factors trade theory:( )

  10. A:Both owners of factors specific to export industries and owners of factors specific to import-competing industries lose from trade
    B:Owners of factors specific to export industries gain when trade takes place, but owners of factors specific to import-competing industries lose
    C:Both owners of factors specific to export industries and owners of factors specific to import-competing industries gain from trade
    D:Owners of factors specific to export industries lose when trade takes place, but owners of factors specific to import-competing industries gain
  11. In his empirical test of Heckscher and Ohlin’s model, Leontief found that( )

  12. A:the US imported more capital intensive goods and exported more labor intensive goods.
    B:the US imported more labor intensive goods and exported more capital intensive goods.
    C:the US imported and exported more capital intensive goods.
    D:the US imported and exported more labor intensive goods.
  13. Which of the following is not an example of a capital rich nation?( )

  14. A:Canada
    B:Italy
    C:Germany
    D:India
  15. Non-traded goods and services are those that are not traded because of international barriers to entry, such as exorbitant import tariffs.( )

  16. A:对 B:错

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