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国际经济学英文期末考试模拟试题含答案
国际经济学英文期末考试模拟试题含答案
一、TrueorFalse（10*1’=10’）
1.Tradeisazero-sumactivity;ifonecountrygains,theothermustlose.
2.Anationmaximizessatisfactionbyreachingthehighestpossibleindifferencecurve,andintheabsenceoftradewillproducewhereitsproductionpossibilitiesscheduleistangenttoanindifferencecurve.
3.Thefactorendowmentsmodelpredictsthatinternationaltradewilltendtoequalizethepricesoftrade-ablegoodsamongnations,buttoincreasethewagegapbetweencapital-abundantandlabor-abundantnations.
4.Ataxof10percentonimportsofshoeswouldbeanexampleofaspecifictariff.
5.Animportquotawillnotraisethedomesticpriceoftheproductaswouldatariff,becauseitisnotataxonimports.6.Inbalance-of-paymentsaccount,atransactionresultinginreceiptofapaymentisrecordedasacredit,whereasatransactionresultinginapaymenttoothernationsisrecordedasadebit.
7.Becausetheydonotincludeanexchangeofgoodsorservices,unilateraltransfersdonotappearonanation'sbalanceof
paymentsaccount.
8.DavidHumewasoneofthefirsteconomiststoprovideanalyticalsupportformercantilisttradepolicies.9.Anationwouldbemostlikelytofinditstradebalanceimprovingafteracurrencydepreciationifthatnation’sdemand
forimportsandforeigndemandforitsexportswasveryinelastic.
10.Anationwithneitherabalanceofpaymentssurplusnorabalanceofpaymentsdeficitissaidtobeininternalbalance.二、choices（15*3’=45’）
1.Thelawofcomparativeadvantage
a）.wasratifiedbytheWorldTradeOrganizationb）.explainshowallcountriescanbenefitwheneachspecializesinproducingitemsinwhichithasthegreatestrelativeefficiency
c）.explainshowonlythemostefficientnationscanbenefitfromtrade
d）.isusedtoevaluateacountry’smilitarystrength
2.Thetheoryofabsoluteadvantagewasdevelopedbya.theMercantilists
b.DavidHume
c.AdamSmith
d.DavidRicardo
3.DavidRicardodevelopedtheprincipleofcomparativeadvantageshowingthat
a.anationmustbetheleast-costproducerofagoodinordertoexportthatitem
b.nonationcouldhaveanabsoluteadvantageinallgoodsc.inatwo-countryexample,onlyonenationcanhaveacomparativeadvantage
d.evenanationthathaslowerproductivityinallgoodscanbenefitbyexportingtheiteminwhichitisrelativelylessinefficient
4.Anindifferencecurve
a.showsthatmostpeoplereallyareindifferentaboutinternationaltrade
b.showsthedemandpreferencesofconsumers
c.reflectstherelativecostsofproductionwithinanationd.indicateshowmuchlaboracountryhas
5.Tomaximizeitssatisfaction,anationwillensurethatitsterms-of-tradeline
a.istangenttoitsproductionpossibilitiesfrontieratonepoint（productionpoint）andalsotothehighestattainableindifferencecurveatanotherpoint（consumptionpoint）
b.istangenttoitsproductionpossibilitiesfrontierandintersectsanindifferencecurve
c.intersectsitsproductionpossibilitiesfrontierandistangenttoanindifferencecurve
d.intersectsitsproductionpossibilitiesfrontieratonepointandanindifferencecurveatanotherpoint6.Factor-priceequalizationpredictsthatwithinternationaltrade
a.thepriceofanation’sabundantfactorwillriseandthatofitsscarcefactorwillfall
b.thepriceofanation’sabundantfactorwillfallandthatofitsscarcefactorwillrise
c.thepricesofanation’sabundantandscarcefactorsboth
willrise
d.thepricesofanation’sabundantandscarcefactorsboth
willfall
7.Theeffectiverateofprotection
a.distinguishesbetweentariffsthatareeffectiveandthosethatareineffective
b.istheminimumlevelatwhichatariffbecomeseffectiveinlimitingimports
c.showstheincreaseinvalue-addedfordomesticproduction
thataparticulartariffstructuremakespossible,inpercentageterms
d.showshoweffectiveatariffisinraisingrevenue8.Theinstitutionalframeworkdevelopedin1947topromotetradeliberalizationisknownas
a.theGATT
b.theWTO
c.theIMF
d.TheWorldBank
9.Developingnations
a.haveverylimitedinvolvementininternationaltradeb.trademostlywitheachother
c.relyheavilyonexportsofprimaryproductstoindustrialnations
d.relyheavilyonexportsofmanufacturedproducts10.Acustomsunionisuniqueinthatit
a.hasnotariffsontradeamongmembernationsb.hasnotariffsontradeamongmembernationsandacommonsetoftariffsonimportsfromnon-members
c.hasnotariffsontradeamongmembernations,acommonsetoftariffsonimportsfromnon-members,andfreemobilityoffactorsofproductionsuchaslaborandcapitalamongmembers
d.allowsunrestrictedlaborimmigrationfromnon-membernations
11.Anation'sbalanceofpaymentsstatement
a.isarecordofthatnation'sassetsabroadanditsliabilitiestothosefromothernations
b.isanaccountingadjustmentprocessensuringthatanation'sexportswillbeequaltoitsimportsc.doesnotincludetransactionsofforeigncitizensorcompanieslivingoroperatingwithinthatnationd.isarecordoftheeconomictransactionsbetweenresidentsofthatnationandtherestoftheworld,usuallyforaperiodofoneyear.
12.Sincebalance-of-paymentsaccountingisadouble-entryaccountingsystem,anexportofU.S.wheattoMexicopaidforbyadeposittotheU.S.exportersaccountinaMexicanbankwouldberecordedontheU.S.balanceofpaymentsasa.acreditformerchandiseexportsandacredittoshort-termfinancialflows
b.acreditformerchandiseexportsandadebittoshort-termfinancialflows.
c.acreditformerchandiseexportsandadebittounilateraltransfers
d.acreditformerchandiseexportsandadebittoofficial
settlements
13.Theforeign-exchangemarket
a.islocatedinNewYork
b.isamarketinChicagofortheinternationaltradingofcommoditiessuchaswheatorcopper.
c.isamechanismforindividualsandinstitutionstoexchangeonenationalorregionalcurrencyordebtinstrumentforthoseofothernationsorregions.
d.isopenfrom9:
00a.m.to3:
00p.m.NewYorktime,MondaythroughFriday.
14.Marketfundamentalsthatmightbeexpectedtoinfluenceexchangeratemovementsincludeallofthefollowingfactorsexcept
a.differencesinrealincomegrowthratesbetweencountriesb.differencesinrealinterestratesbetweencountriesc.speculativeopinionaboutfutureexchangeratesd.changesinperceivedprofitabilityofeconomicinvestmentsbetweentwocountries
15.IfinflationishigherinMexicothanintheUnitedStates,thelawofonepricewouldpredictthat
a.tradebetweenMexicoandtheUnitedStateswoulddeclineb.thedollarpriceofautospurchasedinMexicowouldbehigher
thanthedollarpriceofcomparableautospurchasedintheUnitedStates
c.thepesowouldappreciaterelativetothedollarbyanamountequalinpercentagetermstothedifferencebetweenthetwoinflationrates
d.thepesowoulddepreciaterelativetothedollarbyanamountequalinpercentagetermstothedifferencebetweenthetwoinflationrates
三、Questions（45’,answerthesequestionsinChinese）
1.Assumethatlaboristheonlyfactorusedinproduction,andthatthecostsofproducingbutterandclotharegivenbythetablebelow.（8’）
Costinlabor-hoursto
HomeForeign
produce
1unitofbutter1/81
1unitofcloth1/41/2
（1）ExpressthepriceofbutterrelativetothepriceofclothintermsoflaborcontentforHomeandForeignintheabsenceoftrade.
（2）Whatdotheserelativepricesrevealabouteachcountry’s
comparativeadvantage?
（3）Whatdotheserelativepricessuggestabouttheworldprice
ofbutterrelativetocloththatwillexistoncethesecountriestradewitheachother?
（4）Iftheworldpricestabilizesat1withtrade,whatarethegainsbytheHomecountryachievedthroughtradewiththeForeigncountry?
2.Explaintheimmiserizinggrowthandlistthecaseforimmiserizinggrowthtobeoccur.（8’）
3.Explaintheexchangerateovershootingtheory（8’）
4.Supposethatthenominalinterestrateon3-monthTreasurybillsis8percentintheUnitedStatesand6percentintheUnitedKingdom,andtherateofinflationis10percentintheUnitedStatesand4percentintheUnitedKingdom.（9’）
（1）Whatistherealinterestrateineachnation?
（2）Inwhichdirectionwouldinternationalinvestmentflowinresponsetotheserealinterestrates?
（3）Whatimpactwouldtheseinvestmentflowshaveonthedollar’sexchangevalue?
5.Whateffectsdoeslabormigrationhaveonthecountryofimmigration?
Thecountryofemigration?
Theworldasawhole?
（12’）
国际经济学模拟习题（3）参考答案
一、判断题（每题1分，共10分）?
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二、选择题（每题3分，共45分）bcdbaacacbdbccd
三、简答题（共45分）
1、
（1）封闭条件下，本国可以用一半的生产一单位布的劳动时间生产一单位黄油。
这表示，在封闭条件下，本国黄油与布的相对价格是1/2，外国黄油与布的相对价格是2。
（2分）
（2）根据上面的相对价格，表明本国生产黄油有比较优势，外国的比较优势是生产布。
（2分）
（3）如果两国发生国际贸易，国际比价应该落在封闭条件下本国和外国国内相对价格之间。
（2分）
（4）如果世界市场价格为1，本国通过出口黄油，进口布，用一单位黄油可以换得1单位布，比在本国用两单位黄油换一单位布多获得一单位黄油的利益。
（2分）
2、出口偏向型增长对一国的福利产生两种相反的作用，因为生产的多，该国可获得好处，但由于出口价格下降，也遭受损失，如果贸易恶化的负向作用超过了产量增加的正向作用，该国就发生了贫困化增长。
（4分）
以下情况下最有可能发生贫困化增长:
一国的经济增长偏向于它的出口部门（1分）
该国相对于世界市场而言是个大国（1分）
外国对本国出口产品的需求严重缺乏价格弹性（1分）本国严重依赖于国际贸易（1分）
3、汇率的粘性价格货币分析法简称为超调模型，它认为商品市场与资产市场的调整速度是不同的（2分），商品市场上的价格水平具有粘性，购买力平价短期内不成立（1分），经济存在由短期平衡向长期平衡调整的过程，而汇率作为一种特殊资产的价格，其变动受人们对未来市场基本因素预期的变化影响很大（1分），当货币供给一次性增加以后，本币汇率的瞬时贬值程度大于其长期贬值程度（2分），我们称这种现象为汇率超调现象，该现象有助于解释为什么汇率每一天的升值或贬值会如此剧烈（2分）。
4、
（1）实际利率=名义利率-通货膨胀率（1分）美国实际利率=8%-10%=-2%（1分）
英国实际利率=6%-4%=2%（1分）
（2）国际资本应该从美国流向英国（2分）
（3）国际资本从美国流向英国，对英镑需求增加，英镑升值，所以即期市场上美元相对于英镑贬值（2分）。
远期外汇市场上，美元升水率为4%（2分）。
5、
（1）对世界来说，由于移民，工人被吸引到他们最有效率的领域，世界产出趋于扩张（2分）劳动力流动增加的世界收入并没有在所有国家和所有
升级会员 