发帖
雷达卡
- the economy moves down its aggregate supply curve.
- the economy moves back along its aggregate demand curve.
- the relative quantities of manufactures and food remain unchanged.
- the relative quantities of products change by 25%.
- None of the above.
If the price of manufactures rises, then
- the price of food also rises.
- the quantity of food produced falls.
- the quantity of both manufactures and food falls.
- the purchasing power of labor in terms of food falls.
- None of the above.
Groups that lose from trade tend to lobby the government to
- shift the direction of comparative advantage.
- abolish the Specific Factor model from practical application.
- provide public support for the relatively efficient sectors.
- provide protection for the relatively inefficient sectors.
- None of the above.
The specific factor model argues that if land can be used both for food production and for manufacturing, then a quota that protects food production will
- clearly help landowners.
- clearly hurt landowners.
- clearly help manufacture but hurt food production.
- have an ambiguous effect on the welfare of landowners.
- None of the above.
21.
If, relative to its trade partners, Gambinia has many workers but very little land and even less productive capital, then, following the specific factor model, we know that Gambinia has a comparative advantage in
- manufactures.
- food.
- both manufactures and food.
- neither manufactures nor food.
- None of the above.
22.
In the 2-factor, 2 good Heckscher-Ohlin model, an influx of workers from across the border would
- move the point of production along the production possibility curve.
- shift the production possibility curve outward, and increase the production of both goods.
- shift the production possibility curve outward and decrease the production of the labor-intensive product.
- shift the production possibility curve outward and decrease the production of the capital-intensive product.
- None of the above.
The 1987 study by Bowen, Leamer and Sveikauskas
- supported the validity of the Leontieff Paradox.
- supported the validity of the Heckscher-Ohlin model.
- used a two-country and two-product framework.
- demonstrated that in fact countries tend to use different technologies.
- proved that the U.S.'s comparative advantage relied on skilled labor.
24.
The Case of the Missing Trade refers to
- the 9th volume of the Hardy Boys' Mystery series.
- the fact that world exports does not equal world imports.
- the fact that factor trade is less than predicted by the Heckscher-Ohlin theory.
- the fact that the Heckscher Ohlin theory predicts much less volume of trade than actually exists.
- None of the above.
One way in which the Heckscher-Ohlin model differs from the Ricardo model of comparative advantage is by assuming that __________ is (are) identical in all countries.
- factor of production endowments
- scale economies
- factor of production intensities
- technology
- opportunity costs
京公网安备 11010802022788号
